13. Segment Information

The Company’s segments and their product and service offerings are summarized below:

Variable Print

This segment includes the Company’s U.S. short-run and transactional printing operations. This segment’s primary product offerings include commercial and digital print, direct mail, labels, statement printing, forms and packaging.

Strategic Services

This segment includes the Company’s logistics services, print management offerings and digital and creative solutions.

International

This segment includes the Company’s non-U.S. printing operations in Asia, Latin America, Canada and Europe. This segment’s primary product and service offerings include packaging, books, catalogs, magazines, retail inserts, statement printing, commercial and digital print, forms, labels, logistics services, directories, digital and creative solutions, and direct mail. Additionally, this segment includes the Company’s business process outsourcing and Global Turnkey Solutions operations. Business process outsourcing provides transactional print and outsourcing services, statement printing, direct mail and print management offerings through its operations in Europe, Asia and North America. Global Turnkey Solutions provides outsourcing capabilities, including product configuration, customized kitting and order fulfillment for technology, medical device and other companies around the world through its operations in Europe, North America and Asia.

Corporate

Corporate consists of unallocated selling, general and administrative activities and associated expenses including, in part, executive, legal, finance, communications, certain facility costs and LIFO inventory provisions. In addition, certain costs and earnings of employee benefit plans, such as pension and other postretirement benefits plan expense (income) and share-based compensation, are included in Corporate and not allocated to the operating segments. Corporate also manages the Company’s cash pooling structures, which enable participating international locations to draw on the Company’s overseas cash resources to meet local liquidity needs.

Information by Segment

The Company has disclosed income (loss) from operations as the primary measure of segment earnings (loss). This is the measure of profitability used by the Company’s chief operating decision-maker and is most consistent with the presentation of profitability reported within the Condensed Consolidated Financial Statements.

								Income (Loss)			Depreciation
	Total		Intersegment			Net		from			and		Capital
	Sales		Sales			Sales		Operations			Amortization		Expenditures
Three Months Ended September 30, 2017
Variable Print	$	771.7	$	(4.2	)	$	767.5	$	39.3		$	28.5	$	6.3
Strategic Services		483.5		(39.8	)		443.7		(14.8	)		3.8		(0.2	)
International		532.6		(8.9	)		523.7		20.6			13.7		11.9
Total operating segments		1,787.8		(52.9	)		1,734.9		45.1			46.0		18.0
Corporate		—		—			—		(9.2	)		1.0		5.0
Total operations	$	1,787.8	$	(52.9	)	$	1,734.9	$	35.9		$	47.0	$	23.0

								Income (Loss)			Depreciation
	Total		Intersegment			Net		from			and		Capital
	Sales		Sales			Sales		Operations			Amortization		Expenditures
Three Months Ended September 30, 2016
Variable Print	$	796.8	$	(6.5	)	$	790.3	$	50.1		$	30.5	$	15.0
Strategic Services		486.9		(41.9	)		445.0		13.3			4.3		-
International		501.5		(11.2	)		490.3		36.0			14.8		6.3
Total operating segments		1,785.2		(59.6	)		1,725.6		99.4			49.6		21.3
Corporate		—		—			—		(15.4	)		1.4		7.4
Total operations	$	1,785.2	$	(59.6	)	$	1,725.6	$	84.0		$	51.0	$	28.7

								Income (Loss)			Depreciation
	Total		Intersegment			Net		from			and		Capital
	Sales		Sales			Sales		Operations			Amortization		Expenditures
Nine Months Ended September 30, 2017
Variable Print	$	2,291.9	$	(12.3	)	$	2,279.6	$	114.2		$	86.2	$	21.8
Strategic Services		1,394.4		(120.1	)		1,274.3		(7.0	)		12.6		6.0
International		1,488.1		(28.2	)		1,459.9		53.8			41.1		34.3
Total operating segments		5,174.4		(160.6	)		5,013.8		161.0			139.9		62.1
Corporate		—		—			—		(39.1	)		3.2		15.1
Total operations	$	5,174.4	$	(160.6	)	$	5,013.8	$	121.9		$	143.1	$	77.2

								Income (Loss)			Depreciation
	Total		Intersegment			Net		from			and		Capital
	Sales		Sales			Sales		Operations			Amortization		Expenditures
Nine Months Ended September 30, 2016
Variable Print	$	2,326.3	$	(14.5	)	$	2,311.8	$	144.0		$	90.5	$	45.5
Strategic Services		1,343.9		(114.3	)		1,229.6		25.3			14.0		13.1
International		1,465.7		(33.0	)		1,432.7		101.8			46.7		23.8
Total operating segments		5,135.9		(161.8	)		4,974.1		271.1			151.2		82.4
Corporate		—		—			—		(104.8	)		2.3		16.5
Total operations	$	5,135.9	$	(161.8	)	$	4,974.1	$	166.3		$	153.5	$	98.9

Restructuring, impairment and other charges by segment are described in Note 7, Restructuring, Impairment and Other Charges.