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Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The Company utilizes 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 Consolidated Financial Statements.

 

 

 

Total

Sales

 

 

Intersegment

Sales

 

 

Net

Sales

 

 

Income

(Loss)

from

Operations

 

 

Assets of

Operations

 

 

Depreciation

and

Amortization

 

 

Capital

Expenditures

 

Year ended December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Variable Print

$

3,129.1

 

 

$

(16.0

)

 

$

3,113.1

 

 

$

189.0

 

 

$

1,514.0

 

 

$

114.7

 

 

$

31.7

 

Strategic Services

 

1,936.5

 

 

 

(170.8

)

 

 

1,765.7

 

 

 

3.4

 

 

 

577.7

 

 

 

18.0

 

 

 

7.3

 

International

 

2,104.0

 

 

 

(43.2

)

 

 

2,060.8

 

 

 

89.2

 

 

 

1,614.8

 

 

 

54.6

 

 

 

45.9

 

Total operating segments

 

7,169.6

 

 

 

(230.0

)

 

 

6,939.6

 

 

 

281.6

 

 

 

3,706.5

 

 

 

187.3

 

 

 

84.9

 

Corporate

 

 

 

 

 

 

 

 

 

 

(55.1

)

 

 

198.0

 

 

 

4.1

 

 

 

23.6

 

Total operations

$

7,169.6

 

 

$

(230.0

)

 

$

6,939.6

 

 

$

226.5

 

 

$

3,904.5

 

 

$

191.4

 

 

$

108.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Variable Print

$

3,155.0

 

 

$

(9.6

)

 

$

3,145.4

 

 

$

(349.5

)

 

$

1,619.4

 

 

$

121.5

 

 

$

56.9

 

Strategic Services

 

1,883.9

 

 

 

(157.0

)

 

 

1,726.9

 

 

 

26.8

 

 

 

603.9

 

 

 

19.4

 

 

 

12.7

 

International

 

2,003.3

 

 

 

(42.6

)

 

 

1,960.7

 

 

 

150.7

 

 

 

1,398.3

 

 

 

61.0

 

 

 

32.8

 

Total operating segments

 

7,042.2

 

 

 

(209.2

)

 

 

6,833.0

 

 

 

(172.0

)

 

 

3,621.6

 

 

 

201.9

 

 

 

102.4

 

Corporate

 

 

 

 

 

 

 

 

 

 

(128.6

)

 

 

647.2

 

 

 

2.3

 

 

 

20.7

 

Total operations

$

7,042.2

 

 

$

(209.2

)

 

$

6,833.0

 

 

$

(300.6

)

 

$

4,268.8

 

 

$

204.2

 

 

$

123.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Variable Print

$

3,224.1

 

 

$

(9.2

)

 

$

3,214.9

 

 

$

208.2

 

 

$

2,150.8

 

 

$

134.1

 

 

$

52.3

 

Strategic Services

 

1,752.0

 

 

 

(147.4

)

 

 

1,604.6

 

 

 

39.5

 

 

 

475.2

 

 

 

19.5

 

 

 

19.0

 

International

 

2,101.8

 

 

 

(40.6

)

 

 

2,061.2

 

 

 

86.7

 

 

 

1,424.1

 

 

 

75.7

 

 

 

45.4

 

Total operating segments

 

7,077.9

 

 

 

(197.2

)

 

 

6,880.7

 

 

 

334.4

 

 

 

4,050.1

 

 

 

229.3

 

 

 

116.7

 

Corporate

 

 

 

 

 

 

 

 

 

 

(97.1

)

 

 

226.2

 

 

 

3.2

 

 

 

16.9

 

Total operations

$

7,077.9

 

 

$

(197.2

)

 

$

6,880.7

 

 

$

237.3

 

 

$

4,276.3

 

 

$

232.5

 

 

$

133.6

 

 

Schedule of Corporate Assets

Corporate assets primarily consisted of the following items at December 31, 2017, 2016 and 2015:

 

 

2017

 

 

2016

 

 

2015

 

Cash and cash equivalents

$

(37.5

)

 

$

19.3

 

 

$

(45.9

)

Deferred income tax assets, net of valuation allowances

 

36.7

 

 

 

67.5

 

 

 

41.8

 

Software, net

 

41.6

 

 

 

43.0

 

 

 

48.5

 

Deferred compensation plan and Company owned life insurance assets

 

88.6

 

 

 

75.3

 

 

 

77.4

 

Investment in LSC and Donnelley Financial

 

 

 

 

328.7

 

 

 

 

Property, plant and equipment, net

 

29.6

 

 

 

30.2

 

 

 

41.6

 

Other

 

39.0

 

 

 

83.2

 

 

 

62.8

 

Total Corporate assets

$

198.0

 

 

$

647.2

 

 

$

226.2