Segment Information

3 Months Ended

Mar. 31, 2015

Segment Information

Segment Information

4.Segment Information

The Company is principally engaged in the production and sale of starches and sweeteners for a wide range of industries, and is managed geographically on a regional basis.  The Company’s operations are classified into four reportable business segments: North America, South America, Asia Pacific and Europe, Middle East and Africa (“EMEA”).  Its North America segment includes businesses in the United States, Canada and Mexico.  The Company’s South America segment includes businesses in Brazil, Colombia and Ecuador and the Southern Cone of South America, which includes Argentina, Chile, Peru and Uruguay.  Its Asia Pacific segment includes businesses in Korea, Thailand, Malaysia, China, Japan, Indonesia, the Philippines, Singapore, India, Australia and New Zealand.  The Company’s EMEA segment includes businesses in the United Kingdom, Germany, South Africa, Pakistan and Kenya.

	Three Months Ended March 31,
(in millions)	2015			2014
Net Sales to unaffiliated customers:
North America	$	754.0		$	736.9
South America	258.1			293.8
Asia Pacific	186.9			185.4
EMEA	131.1			141.1
Total	$	1,330.1		$	1,357.2
Operating Income:
North America	$	102.1		$	65.2
South America	24.6			29.9
Asia Pacific	25.6			25.7
EMEA	22.1			21.1
Corporate	(17.8		)	(19.6		)
Sub-total	156.6			122.3
Restructuring charge	(10.4		)	—
Acquisition/integration costs	(3.7		)	—
Charge for fair value markup of acquired inventory	(3.0		)	—
Total	$	139.5		$	122.3

(in millions)	At March 31, 2015		At Dec. 31, 2014
Total Assets
North America	$	3,365	$	2,907
South America	807		923
Asia Pacific	735		711
EMEA	512		550
Total	$	5,419	$	5,091