Segments (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020:

	Consumer		Consumer
	Domestic		International		SPD		Corporate⁽¹⁾			As Reported
Net sales
2020	$	3,767.6	$	828.2	$	300.0	$	0.0		$	4,895.8
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
Gross profit
2020		1,801.1		368.8		104.1		(59.8	)		2,214.2
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
Marketing Expenses
2020		460.6		126.9		3.7		0.0			591.2
2019		398.0		112.9		4.1		0.0			515.0
2018		383.3		95.4		4.5		0.0			483.2
Selling, General and Administrative Expenses
2020		455.6		128.7		68.8		(59.8	)		593.3
2019		470.1		151.7		55.2		(48.2	)		628.8
2018		422.7		131.6		55.6		(44.0	)		565.9
Income from Operations
2020		884.9		113.2		31.6		0.0			1,029.7
2019		707.1		81.5		51.6		0.0			840.2
2018		642.9		91.4		57.4		0.0			791.7
Equity in Earnings of Affiliates
2020		0.0		0.0		0.0		6.7			6.7
2019		0.0		0.0		0.0		6.6			6.6
2018		0.0		0.0		0.0		9.2			9.2
Income Before Income Taxes
2020		832.4		105.0		29.7		6.7			973.8
2019		645.8		74.0		47.3		6.6			773.7
2018		577.2		81.5		51.6		9.2			719.5
Identifiable Assets
2020		5,819.8		1,144.5		339.7		110.5			7,414.5
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
Capital Expenditures
2020		81.8		7.1		10.0		0.0			98.9
2019		53.9		9.4		10.4		0.0			73.7
2018		36.0		12.5		11.9		0.0			60.4
Depreciation & Amortization
2020		142.8		29.6		14.5		2.8			189.7
2019		131.9		27.1		14.1		3.3			176.4
2018		103.5		19.9		13.5		4.2			141.1

⁽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 $59.8, $48.2, and $44.0 for 2020, 2019 and 2018, respectively.
^(B) Equity in earnings (loss) of affiliates from Armand and ArmaKleen for the year ended December 31, 2020, 2019 and 2018.
^(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, 2020, December 31, 2019 and December 31, 2018 were as follows:

	2020		2019		2018
Household Products	$	2,038.5	$	1,821.7	$	1,725.5
Personal Care Products		1,729.1		1,480.9		1,404.4
Total Consumer Domestic		3,767.6		3,302.6		3,129.9
Total Consumer International		828.2		756.3		709.5
Total SPD		300.0		298.8		306.5
Total Consolidated Net Sales	$	4,895.8	$	4,357.7	$	4,145.9