SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Net Sales

The following tables set forth information about the Company’s segments for the three months ended March 31, 2016 and 2015:

Third Party Net Sales

	Three Months Ended
(in millions)	2016		2015
Dental and Healthcare Consumables	$	488.8	$	480.1
Technologies	283.8		176.2
Total net sales	$	772.6	$	656.3

Net Sales, Excluding Precious Metal Content

Third Party Net Sales, Excluding Precious Metal Content

	Three Months Ended
(in millions)	2016		2015
Dental and Healthcare Consumables	$	470.9	$	455.5
Technologies	283.6		176.0
Total net sales, excluding precious metal content	754.5		631.5
Precious metal content of sales	18.1		24.8
Total net sales, including precious metal content	$	772.6	$	656.3

Intersegment Net Sales

Inter-segment Net Sales

	Three Months Ended
(in millions)	2016			2015
Dental and Healthcare Consumables	$	55.2		$	52.0
Technologies	1.4			1.8
All Other (a)	68.7			65.1
Eliminations	(125.3		)	(118.9		)
Total	$	—		$	—

(a) Includes amounts recorded at one distribution warehouse not managed by named segments.

Segment Operating Income

Segment Adjusted Operating Income

	Three Months Ended
(in millions)	2016			2015
Dental and Healthcare Consumables	$	130.8		$	113.3
Technologies	53.8			20.9
Segment adjusted operating income before income taxes and interest	184.6			134.2
Reconciling items (income) expense:
All Other (b)	85.2			19.7
Restructuring and other costs	4.1			5.4
Interest expense	9.2			10.7
Interest income	(0.5		)	(0.7		)
Other expense (income), net	(3.4		)	0.5
Amortization of intangible assets	21.8			10.9
Depreciation resulting from the fair value step-up of property, plant and equipment from business combinations	0.8			0.5
Income before income taxes	$	67.4		$	87.2

(b) Includes the results of unassigned Corporate headquarter costs, inter-segment eliminations and one distribution warehouse not managed by named segments.

Assets

Assets

(in millions)	March 31, 2016		December 31, 2015
Dental and Healthcare Consumables	$	2,169.1	$	1,776.5
Technologies	7,252.2		951.2
All Other (c)	2,261.1		1,675.2
Total	$	11,682.4	$	4,402.9

(c) Includes the assets of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.