Segment information (Tables)

6 Months Ended

Jun. 30, 2018

The following table summarizes our net sales by key geographic region:

The following table summarizes our net sales into emerging and developed markets:

Reconciliation of Adjusted EBITDA to net income from continuing operations:



	Three months ended						Six months ended
(dollars in millions)	June 30, 2018			July 1, 2017			June 30, 2018			July 1, 2017
Net income from continuing operations	$	92.9		$	8.3		$	122.3		$	34.3
Income tax expense	11.5			4.5			23.2			17.0
Income from continuing operations before taxes	104.4			12.8			145.5			51.3
Interest expense	39.8			68.8			99.6			124.0
Other (income) expenses	(3.3		)	35.1			14.1			35.8
Operating income from continuing operations	140.9			116.7			259.2			211.1
Depreciation and amortization	54.6			53.8			109.6			106.2
Transaction-related costs⁽¹⁾	1.3			2.1			6.0			4.1
Impairment of intangibles and other assets	0.1			—			0.4			—
Restructuring expense	2.3			4.1			2.0			5.9
Share-based compensation	1.6			0.9			3.2			1.7
Sponsor fees (included in other operating expenses)	2.1			1.5			4.0			3.0
Impact of fair value adjustment on inventory (included in cost of sales)	0.3			—			0.3			—
Non-recurring inventory adjustments (included in costs of sales)	0.8			—			0.8			—
Other operating expenses (income)	1.0			(0.1		)	3.4			—
Other non-recurring adjustments (included in SG&A)	(0.1		)	—			(0.1		)	—
Adjusted EBITDA	$	204.9		$	179.0		$	388.8		$	332.0


⁽¹⁾	Transaction-related costs relate primarily to advisory costs recognized in respect of our initial public offering, the acquisition of businesses and costs related to other corporate transactions such as debt refinancings.