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Segment information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Reconciliation of Revenue and Operating Profit from Segments to Consolidated
The following table summarizes our revenues and segment profit for each of our reportable segments and reconciles these amounts to consolidated revenues and operating profit:

 
Revenues
 
Operating Profit
 
Three Months Ended September 30,
 
Three Months Ended September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Reportable Segments:
 
 
 
 
 
 
 
North America
$
383.4

 
316.5

 
$
33.6

 
16.9

South America
215.5

 
247.4

 
46.3

 
47.7

Rest of World
253.5

 
264.8

 
30.8

 
33.3

Total reportable segments
852.4

 
828.7

 
110.7

 
97.9

 
 
 
 
 
 
 
 
Reconciling Items:
 
 
 
 
 
 
 
Corporate expenses:
 
 
 
 
 
 
 
General, administrative and other expenses

 

 
(20.6
)
 
(22.4
)
Foreign currency transaction gains (losses)

 

 
0.4

 
0.5

Reconciliation of segment policies to GAAP

 

 
4.8

 
0.4

Other items not allocated to segments:
 

 
 

 
 

 
 
Venezuela operations

 
20.8

 

 
2.5

Reorganization and Restructuring

 

 
(7.3
)
 
(6.4
)
Acquisitions and dispositions

 

 
(10.7
)
 
(6.1
)
Argentina highly inflationary impact

 

 
(8.3
)
 

Reporting compliance(a)

 

 
(2.0
)
 

Total
$
852.4

 
849.5

 
$
67.0

 
66.4


(a)
Accounting standard implementation and material weakness mitigation. Additional information provided at page 45.
 
Revenues
 
Operating Profit
 
Nine Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Reportable Segments:
 
 
 
 
 
 
 
North America
$
1,027.5

 
932.1

 
$
80.3

 
43.9

South America
703.6

 
654.2

 
148.0

 
123.3

Rest of World
798.7

 
742.3

 
82.6

 
84.1

Total reportable segments
2,529.8

 
2,328.6

 
310.9

 
251.3

 
 
 
 
 
 
 
 
Reconciling Items:
 
 
 
 
 
 
 
Corporate expenses:
 
 
 
 
 
 
 
General, administrative and other expenses

 

 
(72.6
)
 
(59.9
)
Foreign currency transaction gains (losses)

 

 
(1.8
)
 
0.7

Reconciliation of segment policies to GAAP

 

 
6.5

 
(1.4
)
Other items not allocated to segments:
 
 
 
 
 
 
 
Venezuela operations
51.4

 
115.2

 
2.3

 
19.1

Reorganization and Restructuring

 

 
(15.5
)
 
(16.1
)
Acquisitions and dispositions

 

 
(24.6
)
 
(8.1
)
Argentina highly inflationary impact

 

 
(8.3
)
 

Reporting compliance(a)

 

 
(3.4
)
 

Total
$
2,581.2

 
2,443.8

 
$
193.5

 
185.6



(a)
Accounting standard implementation and material weakness mitigation. Additional information provided at page 45.