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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting Information [Line Items]  
Financial Information by Segment

 

 

 

Three Months Ended June 30,

 

 

 

2019

 

2018

 

 

 

MIS

 

MA

 

Eliminations

 

Consolidated

 

MIS

 

MA

 

Eliminations

 

Consolidated

Revenue

 

$

771.4

 

$

477.4

 

$

(35.2)

 

$

1,213.6

 

$

782.9

 

$

425.2

 

$

(33.0)

 

$

1,175.1

Operating, SG&A

 

 

307.0

 

 

342.8

 

 

(35.2)

 

 

614.6

 

 

303.6

 

 

320.1

 

 

(33.0)

 

 

590.7

 

Adjusted Operating Income

 

 

464.4

 

 

134.6

 

 

-

 

 

599.0

 

 

479.3

 

 

105.1

 

 

-

 

 

584.4

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restructuring

 

 

26.5

 

 

27.3

 

 

-

 

 

53.8

 

 

-

 

 

-

 

 

-

 

 

-

 

Depreciation and amortization

 

 

18.0

 

 

33.0

 

 

-

 

 

51.0

 

 

16.7

 

 

31.7

 

 

-

 

 

48.4

 

Acquisition-Related Expenses

 

 

-

 

 

2.0

 

 

-

 

 

2.0

 

 

-

 

 

2.0

 

 

-

 

 

2.0

 

Impairment pursuant to the planned divestiture of MAKS

 

 

-

 

 

8.7

 

 

-

 

 

8.7

 

 

-

 

 

-

 

 

-

 

 

-

Operating income

 

$

419.9

 

$

63.6

 

$

-

 

$

483.5

 

$

462.6

 

$

71.4

 

$

-

 

$

534.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

 

2019

 

2018

 

 

 

MIS

 

MA

 

Eliminations

 

Consolidated

 

MIS

 

MA

 

Eliminations

 

Consolidated

Revenue

 

$

1,473.8

 

$

951.8

 

$

(69.9)

 

$

2,355.7

 

$

1,532.6

 

$

837.0

 

$

(67.8)

 

$

2,301.8

Operating, SG&A

 

 

623.8

 

 

683.9

 

 

(69.9)

 

 

1,237.8

 

 

614.0

 

 

630.5

 

 

(67.8)

 

 

1,176.7

 

Adjusted Operating Income

 

 

850.0

 

 

267.9

 

 

-

 

 

1,117.9

 

 

918.6

 

 

206.5

 

 

-

 

 

1,125.1

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restructuring

 

 

29.2

 

 

30.1

 

 

-

 

 

59.3

 

 

-

 

 

-

 

 

-

 

 

-

 

Depreciation and amortization

 

 

35.0

 

 

66.3

 

 

-

 

 

101.3

 

 

33.5

 

 

64.0

 

 

-

 

 

97.5

 

Acquisition-Related Expenses

 

 

-

 

 

3.4

 

 

-

 

 

3.4

 

 

-

 

 

2.8

 

 

-

 

 

2.8

 

Impairment pursuant to the planned divestiture of MAKS

 

 

-

 

 

8.7

 

 

-

 

 

8.7

 

 

-

 

 

-

 

 

-

 

 

-

Operating income

 

$

785.8

 

$

159.4

 

$

-

 

$

945.2

 

$

885.1

 

$

139.7

 

$

-

 

$

1,024.8

Company's Reportable Segment Revenues Disaggregated by Segment and Geographic Region

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2019

 

2018

 

2019

 

2018

MIS:

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

436.2

 

$

451.2

 

$

847.4

 

$

884.6

 

Non-U.S.:

 

 

 

 

 

 

 

 

 

 

 

 

 

EMEA

 

 

178.3

 

 

181.1

 

 

326.8

 

 

362.2

 

Asia-Pacific

 

 

83.9

 

 

79.6

 

 

162.8

 

 

152.2

 

Americas

 

 

40.0

 

 

40.4

 

 

71.5

 

 

73.2

 

Total Non-U.S.

 

 

302.2

 

 

301.1

 

 

561.1

 

 

587.6

 

Total MIS

 

 

738.4

 

 

752.3

 

 

1,408.5

 

 

1,472.2

MA:

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

201.7

 

 

174.2

 

 

402.6

 

 

338.5

 

Non-U.S.:

 

 

 

 

 

 

 

 

 

 

 

 

 

EMEA

 

 

184.4

 

 

175.0

 

 

368.5

 

 

341.2

 

Asia-Pacific

 

 

56.9

 

 

44.1

 

 

110.2

 

 

91.7

 

Americas

 

 

32.2

 

 

29.5

 

 

65.9

 

 

58.2

 

Total Non-U.S.

 

 

273.5

 

 

248.6

 

 

544.6

 

 

491.1

 

Total MA

 

 

475.2

 

 

422.8

 

 

947.2

 

 

829.6

 

Total MCO

 

$

1,213.6

 

$

1,175.1

 

$

2,355.7

 

$

2,301.8

Operating Segment [Member]  
Segment Reporting Information [Line Items]  
Company's Reportable Segment Revenues Disaggregated by Segment and Geographic Region

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2019

 

2018

 

2019

 

2018

United States

 

$

637.9

 

$

625.4

 

$

1,250.0

 

$

1,223.1

Non-U.S.:

 

 

 

 

 

 

 

 

 

 

 

 

 

EMEA

 

 

362.7

 

 

356.1

 

 

695.3

 

 

703.4

 

Asia-Pacific

 

 

140.8

 

 

123.7

 

 

273.0

 

 

243.9

 

Americas

 

 

72.2

 

 

69.9

 

 

137.4

 

 

131.4

Total Non-U.S.

 

 

575.7

 

 

549.7

 

 

1,105.7

 

 

1,078.7

Total

 

$

1,213.6

 

$

1,175.1

 

$

2,355.7

 

$

2,301.8