XML 63 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information (Tables)
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The following table presents financial information on our segments as of December 31, 2014, 2013 and 2012, and for the years then ended.

 

(In millions)

 

Composite

Materials

 

 

Engineered

Products

 

 

Corporate &

Other

 

 

Total

 

Third-Party Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

1,420.9

 

 

$

434.6

 

 

$

 

 

$

1,855.5

 

2013

 

 

1,286.9

 

 

 

391.3

 

 

 

 

 

 

1,678.2

 

2012

 

 

1,230.9

 

 

 

347.3

 

 

 

 

 

 

1,578.2

 

Intersegment sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

66.7

 

 

$

1.8

 

 

$

(68.5

)

 

$

 

2013

 

 

68.0

 

 

 

1.8

 

 

 

(69.8

)

 

 

 

2012

 

 

56.8

 

 

 

2.0

 

 

 

(58.8

)

 

 

 

Operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

308.8

 

 

$

67.0

 

 

$

(70.0

)

 

$

305.8

 

2013

 

 

276.3

 

 

 

58.9

 

 

 

(64.3

)

 

 

270.9

 

2012

 

 

257.3

 

 

 

50.6

 

 

 

(59.1

)

 

 

248.8

 

Depreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

65.5

 

 

$

5.5

 

 

$

0.2

 

 

$

71.2

 

2013

 

 

54.4

 

 

 

4.7

 

 

 

0.2

 

 

 

59.3

 

2012

 

 

52.6

 

 

 

4.5

 

 

 

0.1

 

 

 

57.2

 

Equity in earnings from affiliated companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

 

 

$

1.4

 

 

$

 

 

$

1.4

 

2013

 

 

 

 

 

1.3

 

 

 

 

 

 

1.3

 

2012

 

 

 

 

 

0.7

 

 

 

 

 

 

0.7

 

Other expense (income), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

 

 

 

 

 

6.0

 

 

 

6.0

 

2012

 

 

(14.5

)

 

 

 

 

 

5.0

 

 

 

(9.5

)

Segment assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

1,600.7

 

 

$

241.1

 

 

$

194.6

 

 

$

2,036.4

 

2013

 

 

1,479.2

 

 

 

244.0

 

 

 

112.9

 

 

 

1,836.1

 

2012

 

 

1,295.4

 

 

 

215.2

 

 

 

92.5

 

 

 

1,603.1

 

Investments in affiliated companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

10.2

 

 

$

24.0

 

 

$

 

 

$

34.2

 

2013

 

 

 

 

 

23.3

 

 

 

 

 

 

23.3

 

2012

 

 

 

 

 

22.6

 

 

 

 

 

 

22.6

 

Accrual basis additions to property, plant and equipment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

$

260.1

 

 

$

10.1

 

 

$

 

 

$

270.2

 

2013

 

 

194.6

 

 

 

11.9

 

 

 

 

 

 

206.5

 

2012

 

 

228.6

 

 

 

12.5

 

 

 

0.2

 

 

 

241.3

 

 

Schedule of Net Sales and Long-Lived Assets, by Geographic Area

Net sales and long-lived assets, by geographic area, consisted of the following for the three years ended December 31, 2014, 2013 and 2012:

(In millions)

 

2014

 

 

2013

 

 

2012

 

Net sales by Geography (a):

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

933.2

 

 

$

871.0

 

 

$

801.4

 

International

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

346.9

 

 

 

321.1

 

 

 

302.9

 

Spain

 

 

183.4

 

 

 

164.8

 

 

 

150.6

 

United Kingdom

 

 

135.8

 

 

 

110.9

 

 

 

114.7

 

Austria

 

 

112.6

 

 

 

96.2

 

 

 

105.0

 

Other

 

 

143.6

 

 

 

114.2

 

 

 

103.6

 

Total international

 

 

922.3

 

 

 

807.2

 

 

 

776.8

 

Total consolidated net sales

 

$

1,855.5

 

 

$

1,678.2

 

 

$

1,578.2

 

 

Net Sales to External Customers (b):

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

834.5

 

 

$

765.2

 

 

$

719.4

 

International

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

159.1

 

 

 

146.1

 

 

 

144.4

 

Spain

 

 

155.3

 

 

 

154.7

 

 

 

123.9

 

Germany

 

 

154.8

 

 

 

135.2

 

 

 

128.2

 

United Kingdom

 

 

95.6

 

 

 

81.4

 

 

 

82.2

 

Other

 

 

456.2

 

 

 

395.6

 

 

 

380.1

 

Total international

 

 

1,021.0

 

 

 

913.0

 

 

 

858.8

 

Total

 

$

1,855.5

 

 

$

1,678.2

 

 

$

1,578.2

 

 

Long-lived assets (c):

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

990.1

 

 

$

854.6

 

 

$

733.5

 

International

 

 

 

 

 

 

 

 

 

 

 

 

United Kingdom

 

 

116.2

 

 

 

92.6

 

 

 

83.8

 

France

 

 

68.7

 

 

 

55.8

 

 

 

37.9

 

Spain

 

 

68.5

 

 

 

73.2

 

 

 

68.2

 

Other

 

 

88.8

 

 

 

75.5

 

 

 

48.8

 

Total international

 

 

342.2

 

 

 

297.1

 

 

 

238.7

 

Total consolidated long-lived assets

 

$

1,332.3

 

 

$

1,151.7

 

 

$

972.2

 

 

 

(a)

Net sales by geography based on the location in which the product sold was manufactured.

(b)

Net sales to external customers based on the location to which the product sold was delivered.

(c)

Long-lived assets primarily consist of property, plant and equipment, net and goodwill.