Segments (Tables)

12 Months Ended

Dec. 31, 2012

Selected Financial Information Relating To Company's Segments

The following table presents selected financial information relating to the Company’s segments for each of the three years in the period ended December 31, 2012:

(In millions)	Consumer Domestic			Consumer International			SPD			Corporate(1)			As Reported
Net sales
2012	$	2,156.9		$	510.1		$	254.9		$	0.0		$	2,921.9
2011		1,979.1			509.1			261.1			0.0			2,749.3
2010		1,886.1			444.0			259.1			0.0			2,589.2
Gross profit
2011		1,015.9			236.9			68.0			(29.4	)		1,291.4
2010		936.9			238.7			64.2			(25.3	)		1,214.5
2009		913.2			211.9			59.3			(26.6	)		1,157.8
Marketing Expenses
2012		280.3			74.5			2.5			0.0			357.3
2011		274.9			75.9			3.3			0.0			354.1
2010		265.6			69.8			2.6			0.0			338.0
Selling, General and Administrative Expenses
2012		297.6			89.8			31.0			(29.4	)		389.0
2011		269.5			92.8			30.8			(25.3	)		367.8
2010		279.5			85.5			36.4			(26.6	)		374.8
Income from Operations
2012		438.0			72.6			34.5			0.0			545.1
2011		392.5			70.0			30.1			0.0			492.6
2010		368.1			56.6			20.3			0.0			445.0
Equity in Earnings of Affiliates
2012		0.0			0.0			0.0			8.9			8.9
2011		0.0			0.0			0.0			10.0			10.0
2010		0.0			0.0			0.0			5.0			5.0
Interest Expense(2)
2012		11.2			1.9			0.9			0.0			14.0
2011		7.0			1.2			0.5			0.0			8.7
2010		23.0			3.5			1.3			0.0			27.8
Investment Earnings(2)
2012		1.4			0.2			0.1			0.0			1.7
2011		1.5			0.3			0.1			0.0			1.9
2010		0.5			0.1			0.0			0.0			0.6
Other Income, net(2)
2012		0.6			0.1			0.1			0.0			0.8
2011		(1.0	)		(0.2	)		0.0			0.0			(1.2	)
2010		(3.7	)		(0.6	)		(0.2	)		0.0			(4.5	)
Income Before Income Taxes
2012		428.8			71.0			33.8			8.9			542.5
2011		386.0			68.9			29.7			10.0			494.6
2010		341.9			52.6			18.8			5.0			418.3
Identifiable Assets
2012		3,317.5			543.8			135.1			101.7			4,098.1
2011		2,437.9			476.5			132.2			71.0			3,117.6
2010		2,386.2			330.6			147.8			80.6			2,945.2
Capital Expenditures
2012		58.9			10.0			5.6			0.0			74.5
2011		57.4			12.2			7.0			0.0			76.6
2010		54.7			6.1			3.0			0.0			63.8
Depreciation & Amortization
2012		70.5			7.9			5.1			1.5			85.0
2011		61.4			8.1			5.7			1.9			77.1
2010		53.3			8.5			6.2			3.6			71.6

(1) The Corporate segment reflects the following:

(A) The administrative costs of the production planning and logistics functions are included in segment Selling, General and Administrative expenses but are elements of Cost of Sales in the Company’s Consolidated Statements of Income. Such amounts were $29.4 million, $25.3 million, and $26.6 million for 2012, 2011 and 2010, respectively.

(B) Equity in earnings (loss) of affiliates from Armand, Armakleen and Natronx.

(C) Corporate assets include notes receivable, domestic deferred income taxes, deferred compensation investments and the Company’s investment in unconsolidated affiliates.

(2) In determining Income before Income Taxes, interest expense, investment earnings, and other income, net were allocated to the segments based upon each segment’s relative Income from Operations.

Product Line Revenues From External Customers

Product line revenues from external customers for each of the three years ended December 31, 2012, December 31, 2011 and December 31, 2010 were as follows:

(In millions)	2012		2011		2010
Household Products	$	1,411.3	$	1,295.0	$	1,207.4
Personal Care Products		745.6		684.1		678.7
Total Consumer Domestic		2,156.9		1,979.1		1,886.1
Total Consumer International		510.1		509.1		444.0
Total SPD		254.9		261.1		259.1
Total Consolidated Net Sales	$	2,921.9	$	2,749.3	$	2,589.2