Business Segment Information

6 Months Ended

Apr. 30, 2019

Cooper uses operating income, as presented in our financial reports, as the primary measure of segment profitability. We do not allocate costs from corporate functions to segment operating income. Items below operating income are not considered when measuring the profitability of a segment. We use the same accounting policies to generate segment results as we do for our consolidated results.

Total identifiable assets are those used in continuing operations except cash and cash equivalents, which we include as corporate assets.

Segment information:



Periods Ended April 30,	Three Months						Six Months
(In millions)	2019			2018			2019			2018
CooperVision net sales by category:
Toric lens	$	155.3		$	150.8		301.3			288.6
Multifocal lens	49.7			49.1			98.7			96.1
Single-use sphere lens	135.3			124.4			267.3			240.7
Non single-use sphere and other	143.9			143.2			287.0			286.9
Total CooperVision net sales	484.2			467.5			954.3			912.3
CooperSurgical net sales by category:
Office and surgical procedures	105.7			97.9			201.4			186.0
Fertility	64.4			65.9			126.7			123.0
CooperSurgical net sales	170.1			163.8			328.1			309.0
Total net sales	$	654.3		$	631.3		$	1,282.4		$	1,221.3
Operating income:
CooperVision	$	125.5		$	123.5		$	241.7		$	235.8
CooperSurgical	31.1			(29.8		)	38.3			(39.2		)
Corporate	(9.7		)	(19.0		)	(22.2		)	(31.8		)
Total operating income	146.9			74.7			257.8			164.8
Interest expense	18.5			18.7			36.6			37.1
Other expense (income), net	0.3			2.0			(0.7		)	(1.1		)
Income before income taxes	$	128.1		$	54.0		$	221.9		$	128.8



(In millions)	April 30, 2019		October 31, 2018
Total identifiable assets:
CooperVision	$	3,833.3	$	3,746.0
CooperSurgical	2,191.4		2,201.7
Corporate	178.7		165.1
Total	$	6,203.4	$	6,112.8

Geographic information:



Periods Ended April 30,	Three Months				Six Months
(In millions)	2019		2018		2019		2018
Net sales to unaffiliated customers by country of domicile:
United States	$	305.9	$	293.2	$	584.9	$	554.6
Europe	209.5		210.4		419.2		413.8
Rest of world	138.9		127.7		278.3		252.9
Total	$	654.3	$	631.3	$	1,282.4	$	1,221.3



(In millions)	April 30, 2019		October 31, 2018
Net property, plant and equipment by country of domicile:
United States	$	558.7	$	516.7
Europe	345.6		340.7
Rest of world	128.4		118.6
Total	$	1,032.7	$	976.0