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Segment Information (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Schedule of Segment Information
The following table presents information about our reportable segments, reconciled to consolidated totals:
Three Months Ended
September 30,
Nine Months Ended
September 30,
($ in millions)2021202020212020
Net sales:    
Proprietary Products$577.0 $421.5 $1,708.0 $1,194.5 
Contract-Manufactured Products129.7 126.6 393.2 372.5 
Intersegment sales elimination(0.2)(0.1)(0.4)(0.3)
Consolidated net sales$706.5 $548.0 $2,100.8 $1,566.7 

The intersegment sales elimination, which is required for the presentation of consolidated net sales, represents the elimination of components sold between our segments.

The following table provides summarized financial information for our segments:
Three Months Ended
September 30,
Nine Months Ended
September 30,
($ in millions)2021202020212020
Operating profit (loss):
Proprietary Products$195.5 $107.5 $594.3 $312.9 
Contract-Manufactured Products16.8 18.8 51.9 52.1 
Total business and segment operating profit$212.3 $126.3 $646.2 $365.0 
Corporate and Unallocated
Stock-based compensation expense$(11.4)$(10.0)$(27.5)$(27.6)
Corporate general costs (1)(18.1)(12.4)(45.5)(39.5)
Unallocated Items:
Restructuring and severance related charges(0.3)(4.5)(2.5)(6.7)
Amortization of Acquisition-related Intangible Assets (2)(0.2)(0.2)(0.6)(0.4)
Cost investment activity(0.9)— (1.8)— 
Total Corporate and Unallocated(30.9)(27.1)(77.9)(74.2)
Total consolidated operating profit$181.4 $99.2 $568.3 $290.8 
Other expense, net0.3 1.5 1.3 4.6 
Income before income taxes$181.1 $97.7 $567.0 $286.2 
(1) Corporate general costs includes executive and director compensation, certain pension and other retirement benefit costs, and other corporate facilities and administrative expenses not allocated to the segments.

(2) During the three and nine months ended September 30, 2021, the Company recorded $0.2 million and $0.6 million, respectively, of amortization expense within operating profit associated with an intangible asset acquired during the second quarter of 2020.