Business Segment Information (Tables)

12 Months Ended

Oct. 31, 2021

Segment Reporting [Abstract]

Schedule of business segment net sales

The following table presents a summary of our business segment net sales:

(In millions)	2021		2020		2019
CooperVision net sales by category:
Toric lens	$	697.5	$	598.2	$	620.0
Multifocal lens	238.6		197.0		202.9
Single-use sphere lens	616.3		529.0		568.2
Non single-use sphere, other	599.6		518.8		581.8
Total CooperVision net sales	2,152.0		1,843.0		1,972.9
CooperSurgical net sales by category:
Office and surgical products	451.3		358.8		422.4
Fertility	319.2		229.1		258.1
Total CooperSurgical net sales	770.5		587.9		680.5
Total net sales	$	2,922.5	$	2,430.9	$	2,653.4

Schedule of business segment information

Information by business segment for each of the years in the three-year period ended October 31, 2021, follows:

(In millions)	CooperVision		CooperSurgical		Corporate		Consolidated
2021
Net sales	$	2,152.0	$	770.5	$	—	$	2,922.5
Operating income (loss)	$	481.3	$	71.8	$	(47.3)	$	505.8
Interest expense							23.1
Other (income), net							(8.8)
Income before income taxes							$	491.5
Identifiable assets	$	6,965.9	$	2,395.6	$	244.7	$	9,606.2
Depreciation expense	$	148.3	$	14.9	$	—	$	163.2
Amortization expense	$	35.7	$	110.4	$	—	$	146.1
Capital expenditures	$	190.0	$	24.4	$	—	$	214.4
2020
Net sales	$	1,843.0	$	587.9	$	—	$	2,430.9
Operating income (loss)	$	375.7	$	(14.7)	$	(49.2)	$	311.8
Interest expense							36.8
Other expense, net							8.5
Income before income taxes							$	266.5
Identifiable assets	$	4,236.3	$	2,293.8	$	207.4	$	6,737.5
Depreciation expense	$	138.2	$	11.7	$	—	$	149.9
Amortization expense	$	32.4	$	104.8	$	—	$	137.2
Capital expenditures	$	260.3	$	50.1	$	—	$	310.4
2019
Net sales	$	1,972.9	$	680.5	$	—	$	2,653.4
Operating income (loss)	$	506.4	$	87.9	$	(47.6)	$	546.7
Interest expense							68.0
Other expense, net							1.3
Income before income taxes							$	477.4
Identifiable assets	$	3,911.6	$	2,189.8	$	173.1	$	6,274.5
Depreciation expense	$	125.8	$	9.0	$	0.2	$	135.0
Amortization expense	$	40.9	$	104.9	$	—	$	145.8
Capital expenditures	$	259.0	$	33.1	$	—	$	292.1

Schedule of information by geographical area by country of domicile

Information by geographical area by country of domicile for each of the years in the three-year period ended October 31, 2021, follows:

(In millions)	United States		Europe		Rest of World, Other Eliminations & Corporate		Consolidated
2021
Net sales to unaffiliated customers	$	1,339.2	$	957.9	$	625.4	$	2,922.5
Sales between geographic areas	494.9		815.1		(1,310.0)		—
Net sales	$	1,834.1	$	1,773.0	$	(684.6)	$	2,922.5
Operating (loss) income	$	(26.8)	$	416.2	$	116.4	$	505.8
Long-lived assets	$	737.5	$	377.2	$	232.9	$	1,347.6
2020
Net sales to unaffiliated customers	$	1,103.6	$	789.8	$	537.5	$	2,430.9
Sales between geographic areas	391.7		327.1		(718.8)		—
Net sales	$	1,495.3	$	1,116.9	$	(181.3)	$	2,430.9
Operating (loss) income	$	(14.5)	$	21.9	$	304.4	$	311.8
Long-lived assets	$	721.3	$	363.0	$	197.6	$	1,281.9
2019
Net sales to unaffiliated customers	$	1,211.8	$	854.8	$	586.8	$	2,653.4
Sales between geographic areas	650.7		300.8		(951.5)		—
Net sales	$	1,862.5	$	1,155.6	$	(364.7)	$	2,653.4
Operating income	$	83.2	$	29.3	$	434.2	$	546.7
Long-lived assets	$	626.5	$	358.8	$	146.8	$	1,132.1