Segments (Tables)

12 Months Ended

Dec. 31, 2019

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, 2019:

	Consumer		Consumer
	Domestic		International		SPD		Corporate⁽¹⁾			As Reported
Net sales
2019	$	3,302.6	$	756.3	$	298.8	$	0.0		$	4,357.7
2018		3,129.9		709.5		306.5		0.0			4,145.9
2017		2,854.9		621.1		300.2		0.0			3,776.2
Gross profit
2019		1,575.2		346.1		110.9		(48.2	)		1,984.0
2018		1,448.9		318.4		117.5		(44.0	)		1,840.8
2017		1,380.1		281.0		101.3		(32.8	)		1,729.6
Marketing Expenses
2019		398.0		112.9		4.1		0.0			515.0
2018		383.3		95.4		4.5		0.0			483.2
2017		364.1		85.7		4.4		0.0			454.2
Selling, General and Administrative Expenses
2019		470.1		151.7		55.2		(48.2	)		628.8
2018		422.7		131.6		55.6		(44.0	)		565.9
2017		366.6		158.5		50.4		(32.8	)		542.7
Income from Operations
2019		707.1		81.5		51.6		0.0			840.2
2018		642.9		91.4		57.4		0.0			791.7
2017		649.4		36.8		46.5		0.0			732.7
Equity in Earnings of Affiliates
2019		0.0		0.0		0.0		6.6			6.6
2018		0.0		0.0		0.0		9.2			9.2
2017		0.0		0.0		0.0		10.8			10.8
Income Before Income Taxes
2019		645.8		74.0		47.3		6.6			773.7
2018		577.2		81.5		51.6		9.2			719.5
2017		606.4		32.0		43.5		10.8			692.7
Identifiable Assets
2019		5,099.1		1,110.0		340.4		107.9			6,657.4
2018		4,642.4		991.6		347.4		87.8			6,069.2
2017		4,543.2		1,112.4		268.5		90.7			6,014.8
Capital Expenditures
2019		53.9		9.4		10.4		0.0			73.7
2018		36.0		12.5		11.9		0.0			60.4
2017		30.6		8.9		5.5		0.0			45.0
Depreciation & Amortization
2019		131.9		27.1		14.1		3.3			176.4
2018		103.5		19.9		13.5		4.2			141.1
2017		95.5		16.8		10.3		2.8			125.4

⁽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 $48.2, $44.0, and $32.8 for 2019, 2018 and 2017, respectively.
^(B) Equity in earnings (loss) of affiliates from Armand and ArmaKleen for the year ended December 31, 2019, 2018 and 2017.
^(C) Corporate assets include deferred compensation investments and the Company's investment in unconsolidated affiliates.

Product Line Revenues From External Customers

Product line revenues from external customers for each of the three years ended December 31, 2019, December 31, 2018 and December 31, 2017 were as follows:

	2019		2018		2017
Household Products	$	1,821.7	$	1,725.5	$	1,640.0
Personal Care Products		1,480.9		1,404.4		1,214.9
Total Consumer Domestic		3,302.6		3,129.9		2,854.9
Total Consumer International		756.3		709.5		621.1
Total SPD		298.8		306.5		300.2
Total Consolidated Net Sales	$	4,357.7	$	4,145.9	$	3,776.2