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Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Information  
Schedule of segment reporting of net sales, operating income and total assets

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

(in millions)

 

2015

 

2014

 

2015

 

2014

 

Net Sales

 

 

 

 

 

 

 

 

 

North America

 

$

880.0

 

$

805.6

 

$

2,503.1

 

$

2,362.0

 

South America

 

256.4

 

307.6

 

764.5

 

906.2

 

Asia Pacific

 

174.4

 

205.8

 

553.1

 

594.3

 

EMEA

 

125.9

 

141.3

 

395.1

 

437.6

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

1,436.7

 

$

1,460.3

 

$

4,215.8

 

$

4,300.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

 

 

 

 

 

 

 

 

North America

 

$

133.0

 

$

113.1

 

$

362.2

 

$

288.7

 

South America

 

28.4

 

27.4

 

73.0

 

73.8

 

Asia Pacific

 

27.6

 

27.0

 

81.3

 

80.1

 

EMEA

 

21.7

 

22.2

 

66.8

 

68.7

 

Corporate (a)

 

(18.3

)

(11.6

)

(54.4

)

(48.2

)

 

 

 

 

 

 

 

 

 

 

Sub-total

 

$

192.4

 

$

178.1

 

$

528.9

 

$

463.1

 

Impairment/restructuring charges

 

(13.8

)

 

(24.2

)

 

Acquisition/integration costs

 

(1.6

)

 

(9.3

)

 

Charge for fair value markup of acquired inventory

 

(2.0

)

 

(8.4

)

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

175.0

 

$

178.1

 

$

487.0

 

$

463.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)

Includes $4 million of expense relating to a tax indemnification agreement with offsetting income of $4 million recorded in the provision for income taxes for the three and nine months ended September 30, 2015.  For the three and nine months ended September 30, 2014, includes $7 million of income relating to this tax indemnification agreement with an offsetting expense of $7 million recorded in the provision for income taxes. See Note 14 for additional information.

 

(in millions)

 

At
Sept. 30, 2015

 

At
Dec. 31, 2014

 

Total Assets

 

 

 

 

 

North America

 

$

3,474 

 

$

2,907 

 

South America

 

740 

 

923 

 

Asia Pacific

 

719 

 

711 

 

EMEA

 

511 

 

550 

 

 

 

 

 

 

 

Total

 

$

5,444 

 

$

5,091