XML 80 R98.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Company's Segments Results) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net sales $ 5,692.5 $ 5,579.9 $ 5,511.7
Operating Profit (Loss) 621.0 640.0 313.0
Depreciation, Depletion and Amortization 158.9 163.7 161.6
Payments to Acquire Productive Assets 138.2 177.2 222.9
Identifiable Assets 6,069.7 6,222.0  
Restructuring Costs (111.1) (52.9) (47.9)
Goodwill, Impairment Loss 0 0 (317.9)
Depreciation and Amortization, Discontinued Operations 2.3 4.6 5.2
Payments to Acquire Productive Assets, Discontinued Operations 0.8 2.2 2.2
Writing [Member]
     
Net sales 1,706.1 [1] 1,724.2 [1] 1,708.2 [1]
Operating Profit (Loss) 389.9 [2] 334.9 [2] 322.4 [2]
Depreciation, Depletion and Amortization 31.9 [2] 32.2 [2] 30.5 [2]
Payments to Acquire Productive Assets 26.1 24.3 39.8
Identifiable Assets 931.2 989.3  
Restructuring Costs (34.3) (3.7) (3.4)
Home Solutions [Member]
     
Net sales 1,593.3 [1] 1,553.8 [1] 1,602.0 [1]
Operating Profit (Loss) 212.1 [2] 197.3 [2] 202.2 [2]
Depreciation, Depletion and Amortization 25.5 [2] 29.8 [2] 34.5 [2]
Payments to Acquire Productive Assets 31.5 34.4 33.0
Identifiable Assets 559.4 573.2  
Restructuring Costs (4.6) (7.6) (7.8)
Tools [Member]
     
Net sales 817.9 [1] 806.1 [1] 779.6 [1]
Operating Profit (Loss) 68.3 [2] 109.8 [2] 119.1 [2]
Depreciation, Depletion and Amortization 15.6 [2] 15.3 [2] 16.5 [2]
Payments to Acquire Productive Assets 29.3 33.0 28.2
Identifiable Assets 595.7 562.8  
Restructuring Costs (6.0) (1.0) 0
Commercial Products [Member]
     
Net sales 785.9 [1] 759.7 [1] 741.5 [1]
Operating Profit (Loss) 82.5 [2] 92.9 [2] 108.3 [2]
Depreciation, Depletion and Amortization 24.0 [2] 25.1 [2] 25.6 [2]
Payments to Acquire Productive Assets 16.7 20.7 29.2
Identifiable Assets 343.3 348.8  
Restructuring Costs (8.1) (5.6) 0
Baby & Parenting [Member]
     
Net sales 789.3 [1] 736.1 [1] 680.4 [1]
Operating Profit (Loss) 91.2 [2] 72.7 [2] 51.6 [2]
Depreciation, Depletion and Amortization 9.8 [2] 9.9 [2] 9.9 [2]
Payments to Acquire Productive Assets 6.9 15.6 9.1
Identifiable Assets 321.9 312.7  
Restructuring Costs (1.9) (0.9) (2.4)
Corporate [Member]
     
Operating Profit (Loss) (111.9) [2] (114.7) [2] (124.8) [2]
Depreciation, Depletion and Amortization 49.8 [2] 46.8 [2] 39.4 [2]
Payments to Acquire Productive Assets 26.9 [3] 47.0 [3] 81.4 [3]
Identifiable Assets 3,318.2 [4] 3,435.2 [4]  
Restructuring Costs (57.1) (37.3) (36.5)
Total North America [Member]
     
Net sales 4,178.7 [1],[5] 4,064.5 [1],[5] 3,965.5 [1],[5]
Operating Profit (Loss) 553.3 [2],[6] 531.4 [2],[6] 295.0 [2],[6]
Restructuring Costs (32.1) (29.7) (27.2)
Goodwill, Impairment Loss 0 0 (202.1)
United States [Member]
     
Net sales 3,867.8 [1],[5] 3,739.1 [1],[5] 3,628.9 [1],[5]
Operating Profit (Loss) 478.3 [2],[6] 464.6 [2],[6] 225.4 [2],[6]
Restructuring Costs (31.7) (28.9) (27.1)
Goodwill, Impairment Loss 0 0 (202.1)
Canada [Member]
     
Net sales 310.9 [1],[5] 325.4 [1],[5] 336.6 [1],[5]
Operating Profit (Loss) 75.0 [2],[6] 66.8 [2],[6] 69.6 [2],[6]
Restructuring Costs (0.4) (0.8) (0.1)
Goodwill, Impairment Loss 0 0 0
Total International [Member]
     
Net sales 1,513.8 [1],[5] 1,515.4 [1],[5] 1,546.2 [1],[5]
Operating Profit (Loss) 67.7 [2],[6] 108.6 [2],[6] 18.0 [2],[6]
Restructuring Costs (79.0) (23.2) (20.7)
Goodwill, Impairment Loss 0 0 (115.8)
Europe, Middle East and Africa [Member]
     
Net sales 699.2 [1],[5] 707.6 [1],[5] 804.9 [1],[5]
Operating Profit (Loss) (13.5) [2],[6] 7.3 [2],[6] 17.5 [2],[6]
Restructuring Costs (69.9) (19.5) (19.5)
Goodwill, Impairment Loss 0 0 (9.2)
Latin America [Member]
     
Net sales 392.6 [1],[5] 335.5 [1],[5] 315.4 [1],[5]
Operating Profit (Loss) 29.7 [2],[6] 14.9 [2],[6] 22.6 [2],[6]
Restructuring Costs (5.2) (2.7) (0.7)
Goodwill, Impairment Loss 0 0 0
Asia Pacific [Member]
     
Net sales 422.0 [1],[5] 472.3 [1],[5] 425.9 [1],[5]
Operating Profit (Loss) 51.5 [2],[6] 86.4 [2],[6] (22.1) [2],[6]
Restructuring Costs (3.9) (1.0) (0.5)
Goodwill, Impairment Loss 0 0 (106.6)
Wal-Mart Stores Inc. and Subsidiaries [Member]
     
Percentage of net sales 11.00% 10.20% 10.60%
Segment, Continued Operations [Member]
     
Depreciation, Depletion and Amortization 156.6 159.1 156.4
Payments to Acquire Productive Assets $ 137.4 $ 175.0 $ 220.7
[1] All intercompany transactions have been eliminated. Sales to Wal-Mart Stores, Inc. and subsidiaries amounted to 11.0%, 10.2% and 10.6% of consolidated trade sales in 2013, 2012 and 2011, respectively, substantially across all segments.
[2] Operating income (loss) by segment is net sales less cost of products sold and selling, general & administrative (“SG&A”) expenses. Operating income by geographic area is net sales less cost of products sold, SG&A expenses, impairment charges and restructuring costs. Certain headquarters expenses of an operational nature are allocated to business segments and geographic areas primarily on a net sales basis. Depreciation and amortization is allocated to the segments on a percentage of sales basis, and the allocated depreciation and amortization is included in segment operating income.
[3] Corporate capital expenditures primarily relate to the SAP implementation. Capital expenditures exclude $0.8 million, $2.2 million and $2.2 million associated with discontinued operations in 2013, 2012 and 2011, respectively.
[4] Corporate assets primarily include goodwill, capitalized software, cash, deferred tax assets and assets held for sale.
[5] Geographic sales information is based on the region from which the products are shipped and invoiced. Long-lived assets by geography are not presented because it is impracticable to do so.
[6] The following tables summarize the restructuring costs and impairment charges by region on a continuing basis included in operating income (loss) above (in millions): 2013 2012 2011Restructuring Costs United States$(31.7) $(28.9) $(27.1)Canada(0.4) (0.8) (0.1)Total North America(32.1) (29.7) (27.2)Europe, Middle East and Africa(69.9) (19.5) (19.5)Latin America(5.2) (2.7) (0.7)Asia Pacific(3.9) (1.0) (0.5)Total International(79.0) (23.2) (20.7) $(111.1) $(52.9) $(47.9) 2013 2012 2011Impairment Charges United States$— $— $(202.1)Canada— — —Total North America— — (202.1)Europe, Middle East and Africa— — (9.2)Latin America— — —Asia Pacific— — (106.6)Total International— — (115.8) $— $— $(317.9)