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Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Reconciliation of Revenue and Operating Profit from Segments to Consolidated
RevenuesOperating Profit
Years Ended December 31,Years Ended December 31,
(In millions)202220212020202220212020
Reportable Segments:
North America$1,584.1 1,407.1 1,261.4 $159.1 148.4 91.7 
Latin America1,210.6 1,126.0 1,071.9 277.7 257.3 233.6 
Europe931.4 917.3 753.8 98.4 89.8 51.2 
Rest of World809.4 749.8 603.8 163.9 131.5 117.1 
Total reportable segments4,535.5 4,200.2 3,690.9 699.1 627.0 493.6 
Reconciling Items:
Corporate expenses:
General, administrative and other expenses — — (161.5)(141.7)(116.3)
Foreign currency transaction gains (losses) — — 10.9 2.7 (6.5)
Reconciliation of segment policies to GAAP(a)
 — — 1.8 (17.5)10.5 
Other items not allocated to segments:
Reorganization and Restructuring(b)
 — — (38.8)(43.6)(66.6)
Acquisitions and dispositions(c)
 — — (86.6)(71.9)(83.1)
Argentina highly inflationary impact(d)
 — — (41.7)(11.9)(10.7)
Change in allowance estimate(e)
 — — (15.6)— — 
Ship loss matter(f)
 — — (4.9)— — 
Chile antitrust matter(g)
 — — (1.4)(9.5)— 
Internal loss(h)
 — —  21.1 (6.9)
Reporting compliance(i)
 — —  — (0.5)
Total$4,535.5 4,200.2 3,690.9 $361.3 354.7 213.5 

(a)This line item includes adjustments to bad debt expense and a Mexico profit sharing plan accrual reported by the segments to the estimated consolidated amounts required by U.S. GAAP.
(b)Management periodically implements restructuring actions in targeted sections of our business. In 2022, management began a restructuring plan across our global business operations to enable growth, reduce costs and related infrastructure, and to mitigate the potential impact of external economic conditions. Due to the unique circumstances around the charges related to these actions, they have not been allocated to segment results.
(c)Certain acquisition-related and disposition-related items that are not considered part of the ongoing activities of the business and are special in nature are consistently excluded from segment results. These items include amortization expense for acquisition-related intangible assets and integration, transaction and restructuring costs related to business acquisitions.
(d)We have designated Argentina's economy as highly inflationary for accounting purposes. Currency remeasurement gains and losses related to peso-denominated monetary assets and liabilities as well as incremental expense related to nonmonetary assets are excluded from segment results.
(e)Represents impact of a change in our methodology to estimate our allowance for doubtful accounts in the first quarter of 2022. See Note 1 and Note 16 for further details.
(f)We have excluded an estimate of our share of costs for damages and losses suffered by a ship owner that was carrying cargo for Brink's.
(g)See details regarding the Chile antitrust matter at Note 23.
(h)See details regarding the impact of the Internal loss at Note 1.
(i)Costs (primarily third party expenses) related to lease accounting standard implementation. Additional information provided at page 28.
Schedule of Capital Expenditures, Depreciation and Amortization by Segment
Years Ended December 31,
(In millions)202220212020
Capital Expenditures by Reportable Segment
North America$41.4 40.4 27.4 
Latin America50.1 45.0 35.1 
Europe50.5 50.6 33.4 
Rest of World34.4 26.0 16.6 
Total reportable segments176.4 162.0 112.5 
Corporate items6.2 5.9 6.0 
Total$182.6 167.9 118.5 
Depreciation and Amortization by Reportable Segment
Depreciation and amortization of property and equipment:
North America$69.1 68.7 62.3 
Latin America49.1 46.2 44.0 
Europe39.6 41.4 32.2 
Rest of World23.6 23.2 20.0 
Total reportable segments181.4 179.5 158.5 
Corporate items8.4 9.7 9.1 
Argentina highly inflationary impact2.9 2.2 1.8 
Acquisitions and dispositions0.1 0.1 1.0 
Reorganization and Restructuring1.0 0.3 1.3 
Depreciation and amortization of property and equipment193.8 191.8 171.7 
Amortization of intangible assets(a)
52.0 47.7 35.1 
Total$245.8 239.5 206.8 

(a)Amortization of acquisition-related intangible assets has been excluded from reportable segment amounts.
Reconciliation of Assets from Segment to Consolidated
December 31,
(In millions)20222021
Assets held by Reportable Segment  
North America$1,949.9 1,674.2 
Latin America1,180.6 1,018.9 
Europe1,789.9 1,437.8 
Rest of World1,064.8 1,070.6 
Total reportable segments5,985.2 5,201.5 
Corporate items380.8 365.2 
Total$6,366.0 5,566.7 
Schedule of Long Lived Assets By Geographic Areas
December 31,
(In millions)20222021
Long-Lived Assets by Geographic Area(a)
Non-U.S.:
Mexico$123.1 116.8 
France89.4 81.6 
Brazil72.5 61.8 
United Kingdom46.0 3.7 
Canada32.9 42.0 
Other270.1 262.1 
Subtotal634.0 568.0 
U.S.301.3 297.6 
Total$935.3 865.6 

(a)Long-lived assets include only property and equipment, net.
Schedule of Revenue By Geographical Areas
Years Ended December 31,
(In millions)202220212020
Revenues by Geographic Area(a)
Outside the U.S.:
Mexico$452.6 416.1 366.3 
France370.1 373.8 336.7 
Brazil329.9 303.9 315.0 
Argentina203.9 177.5 171.2 
Canada124.5 138.3 129.8 
Netherlands124.3 129.3 97.9 
Other1,470.6 1,392.6 1,142.4 
Subtotal3,075.9 2,931.5 2,559.3 
U.S.1,459.6 1,268.7 1,131.6 
Total$4,535.5 4,200.2 3,690.9 
(a)Revenues are recorded in the country where service is initiated or performed. No single customer represents more than 10% of total revenue.
Schedule of Net Assets Outside the U.S.
December 31,
(In millions)20222021
Net assets outside the U.S.  
Argentina$234.5 216.4 
Brazil231.7 218.1 
Mexico206.1 131.6 
France196.7 195.6 
Netherlands151.8 136.8 
Other non-U.S. markets1,207.8 1,184.9 
Total$2,228.6 2,083.4