Segments (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014:

	Consumer			Consumer
	Domestic			International			SPD			Corporate⁽¹⁾			As Reported
Net sales
2014	$	2,471.6		$	535.2		$	290.8		$	0.0		$	3,297.6
2013		2,413.5			532.8			248.0			0.0			3,194.3
2012		2,156.9			510.1			254.9			0.0			2,921.9
Gross profit
2014		1,160.9			242.1			76.6			(26.7	)		1,452.9
2013		1,163.0			243.0			63.3			(31.3	)		1,438.0
2012		1,015.9			236.9			68.0			(29.4	)		1,291.4
Marketing Expenses
2014		333.2			80.5			3.2			0.0			416.9
2013		320.5			76.6			2.7			0.0			399.8
2012		280.3			74.5			2.5			0.0			357.3
Selling, General and Administrative Expenses
2014		302.0			93.9			25.6			(26.7	)		394.8
2013		318.6			98.8			29.9			(31.3	)		416.0
2012		297.6			89.8			31.0			(29.4	)		389.0
Income from Operations
2014		525.7			67.6			47.9			0.0			641.2
2013		524.0			67.4			30.8			0.0			622.2
2012		438.0			72.6			34.5			0.0			545.1
Equity in Earnings (Losses) of Affiliates
2014		0.0			0.0			0.0			11.6			11.6
2013		0.0			0.0			0.0			2.8			2.8
2012		0.0			0.0			0.0			8.9			8.9
Interest Expense⁽²⁾
2014		22.5			2.9			2.0			0.0			27.4
2013		23.4			3.0			1.3			0.0			27.7
2012		11.2			1.9			0.9			0.0			14.0
Investment Earnings⁽²⁾
2014		1.9			0.2			0.2			0.0			2.3
2013		2.2			0.3			0.1			0.0			2.6
2012		1.4			0.2			0.1			0.0			1.7
Other Income (Expense), net⁽²⁾
2014		(2.3	)		(0.3	)		(0.2	)		0.0			(2.8	)
2013		(1.8	)		(0.2	)		(0.1	)		0.0			(2.1	)
2012		0.6			0.1			0.1			0.0			0.8
Income Before Income Taxes
2014		502.8			64.7			45.8			11.6			624.9
2013		501.0			64.5			29.5			2.8			597.8
2012		428.8			71.0			33.8			8.9			542.5
Identifiable Assets
2014		3,502.9			619.8			135.1			123.5			4,381.3
2013		3,407.4			602.5			140.6			109.2			4,259.7
2012		3,317.5			543.8			135.1			101.7			4,098.1
Capital Expenditures
2014		59.2			8.4			2.9			0.0			70.5
2013		53.6			10.3			3.2			0.0			67.1
2012		58.9			10.0			5.6			0.0			74.5
Depreciation & Amortization
2014		76.7			7.6			5.2			1.7			91.2
2013		77.3			6.1			5.4			1.7			90.5
2012		70.5			7.9			5.1			1.5			85.0

⁽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 $26.7, $31.3, and $29.4 for 2014, 2013 and 2012, 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, 2014, December 31, 2013 and December 31, 2012 were as follows:

	2014		2013		2012
Household Products	$	1,466.2	$	1,436.1	$	1,411.3
Personal Care Products		1,005.4		977.4		745.6
Total Consumer Domestic		2,471.6		2,413.5		2,156.9
Total Consumer International		535.2		532.8		510.1
Total SPD		290.8		248.0		254.9
Total Consolidated Net Sales	$	3,297.6	$	3,194.3	$	2,921.9

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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