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Segment information (Tables)
 9 Months Ended
Sep. 30, 2019
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)
2019
 
2018
 
2019
 
2018
Reportable Segments:
 
 
 
 
 
 
 
North America
$
446.7

 
383.4

 
$
38.7

 
33.6

South America
229.0

 
215.5

 
59.4

 
46.3

Rest of World
248.9

 
253.5

 
32.2

 
30.8

Total reportable segments
924.6

 
852.4

 
130.3

 
110.7

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

 
—

 
(26.2
)
 
(20.6
)
Foreign currency transaction gains (losses)
—

 
—

 
(0.4
)
 
0.4

Reconciliation of segment policies to GAAP
—

 
—

 
(1.3
)
 
4.8

Other items not allocated to segments:
 
 
 
 
 

 
 
Reorganization and Restructuring
—

 
—

 
(6.4
)
 
(7.3
)
Acquisitions and dispositions
(0.2
)
 
—

 
(24.0
)
 
(10.7
)
Argentina highly inflationary impact
—

 
—

 
(7.9
)
 
(8.3
)
Internal loss(a)
4.0

 
—

 
(11.3
)
 
—

Reporting compliance(b)
—

 
—

 
(0.3
)
 
(2.0
)
Total
$
928.4

 
852.4

 
$
52.5

 
67.0


(a)
See details regarding the impact of the Internal loss at Note 1.
(b)
Costs (primarily third party expenses) related to 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)
2019
 
2018
 
2019
 
2018
Reportable Segments:
 
 
 
 
 
 
 
North America
$
1,323.7

 
1,027.5

 
$
129.1

 
80.3

South America
684.5

 
703.6

 
147.4

 
148.0

Rest of World
735.7

 
798.7

 
82.2

 
82.6

Total reportable segments
2,743.9

 
2,529.8

 
358.7

 
310.9

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

 
—

 
(85.8
)
 
(72.6
)
Foreign currency transaction gains (losses)
—

 
—

 
0.2

 
(1.8
)
Reconciliation of segment policies to GAAP
—

 
—

 
2.9

 
6.5

Other items not allocated to segments:
 
 
 
 
 
 
 
Venezuela operations
—

 
51.4

 
—

 
2.3

Reorganization and Restructuring
—

 
—

 
(20.5
)
 
(15.5
)
Acquisitions and dispositions
(0.5
)
 
—

 
(63.8
)
 
(24.6
)
Argentina highly inflationary impact
—

 
—

 
(12.3
)
 
(8.3
)
Internal loss(a)
4.0

 
—

 
(13.9
)
 
—

Reporting compliance(b)
—

 
—

 
(2.0
)
 
(3.4
)
Total
$
2,747.4

 
2,581.2

 
$
163.5

 
193.5



(a)
See details regarding the impact of the Internal loss at Note 1.
(b)
Costs (primarily third party expenses) related to accounting standard implementation and material weakness mitigation. Additional information provided at page 45.