XML 60 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The following table presents financial information on our segments as of December 31, 2017, 2016 and 2015, and for the years then ended.

 

(In millions)

 

Composite Materials

 

 

Engineered Products

 

 

Corporate & Other

 

 

Total

 

Third-Party Sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

 

1,597.1

 

 

$

 

376.2

 

 

$

 

 

$

 

1,973.3

 

2016

 

 

 

1,610.0

 

 

 

394.3

 

 

 

 

 

 

 

2,004.3

 

2015

 

 

 

1,458.7

 

 

 

402.5

 

 

 

 

 

 

 

1,861.2

 

Intersegment sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

63.6

 

 

$

0.4

 

 

$

 

(64.0

)

 

$

 

2016

 

 

67.6

 

 

 

0.1

 

 

 

 

(67.7

)

 

 

 

2015

 

 

70.4

 

 

 

8.5

 

 

 

 

(78.9

)

 

 

 

Operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

359.4

 

 

$

48.7

 

 

$

 

(57.5

)

 

$

 

350.6

 

2016

 

 

368.3

 

 

 

 

50.0

 

 

 

 

(58.2

)

 

 

360.1

 

2015

 

 

336.2

 

 

 

55.8

 

 

 

 

(59.6

)

 

 

332.4

 

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

96.8

 

 

$

7.5

 

 

$

0.2

 

 

$

104.5

 

2016

 

 

 

86.0

 

 

 

7.2

 

 

 

0.1

 

 

 

93.3

 

2015

 

 

 

70.0

 

 

 

6.1

 

 

 

0.3

 

 

 

76.4

 

Equity in earnings from affiliated companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

 

 

 

$

3.3

 

 

$

 

 

 

$

3.3

 

2016

 

 

 

 

 

2.5

 

 

 

 

 

 

 

2.5

 

2015

 

 

0.2

 

 

 

1.8

 

 

 

 

 

 

2.0

 

Segment assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

 

2,415.5

 

 

$

279.1

 

 

$

86.3

 

 

$

 

2,780.9

 

2016

 

 

 

2,127.2

 

 

 

220.7

 

 

 

 

52.7

 

 

 

 

2,400.6

 

2015

 

 

 

1,892.0

 

 

 

239.4

 

 

 

56.0

 

 

 

 

2,187.4

 

Investments in affiliated companies

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

 

 

 

$

26.5

 

 

$

21.2

 

 

$

47.7

 

2016

 

 

 

 

 

23.1

 

 

 

 

30.0

 

 

 

53.1

 

2015

 

 

10.1

 

 

 

20.3

 

 

 

 

 

 

30.4

 

Accrual basis additions to property, plant and equipment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

$

270.3

 

 

$

14.1

 

 

$

 

 

 

$

284.4

 

2016

 

 

305.2

 

 

 

14.9

 

 

 

0.1

 

 

 

 

320.2

 

2015

 

 

 

276.0

 

 

 

 

13.0

 

 

 

 

 

 

 

289.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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, 2017, 2016 and 2015:

 

Spain

 

2017

 

 

2016

 

 

2015

 

Net sales by Geography (a):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

937.3

 

 

$

957.8

 

 

$

955.4

 

International

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

335.7

 

 

 

335.2

 

 

 

320.6

 

Spain

 

 

187.0

 

 

 

219.7

 

 

 

217.8

 

Germany

 

 

206.0

 

 

 

169.5

 

 

 

83.2

 

United Kingdom

 

 

160.4

 

 

 

154.2

 

 

 

125.1

 

Austria

 

 

86.1

 

 

 

92.8

 

 

 

93.1

 

Other

 

 

60.8

 

 

 

75.1

 

 

 

 

66.0

 

Total international

 

 

 

1,036.0

 

 

 

 

1,046.5

 

 

 

 

905.8

 

Total consolidated net sales

 

$

 

1,973.3

 

 

$

 

2,004.3

 

 

$

 

1,861.2

 

Net Sales to External Customers (b):

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

806.6

 

 

$

833.1

 

 

$

850.1

 

International

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Germany

 

 

217.7

 

 

 

210.5

 

 

 

163.7

 

Spain

 

 

199.4

 

 

 

204.4

 

 

 

149.7

 

France

 

 

161.5

 

 

 

153.8

 

 

 

140.3

 

United Kingdom

 

 

80.1

 

 

 

95.5

 

 

 

84.2

 

Other

 

 

 

508.0

 

 

 

 

507.0

 

 

 

473.2

 

Total international

 

 

 

1,166.7

 

 

 

 

1,171.2

 

 

 

 

1,011.1

 

Total

 

$

 

1,973.3

 

 

$

 

2,004.3

 

 

$

 

1,861.2

 

Long-lived assets (c):

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

 

1,304.4

 

 

$

 

1,213.8

 

 

$

 

1,109.9

 

International

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

402.7

 

 

 

217.2

 

 

 

112.1

 

United Kingdom

 

 

151.6

 

 

 

130.8

 

 

 

133.4

 

Spain

 

 

61.7

 

 

 

56.2

 

 

 

59.8

 

Other

 

 

94.6

 

 

 

79.8

 

 

 

69.3

 

Total international

 

 

710.6

 

 

 

 

484.0

 

 

 

374.6

 

Total consolidated long-lived assets

 

$

 

2,015.0

 

 

$

 

1,697.8

 

 

$

 

1,484.5

 

 

(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.