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SEGMENT REPORTING
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 11 – SEGMENT REPORTING

The following tables show financial information for the Company's reportable segments:

 

In millions

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic and Canada RWCS

$

645.8

 

 

$

644.5

 

 

$

1,274.6

 

 

$

1,283.0

 

International RWCS

 

145.4

 

 

 

171.6

 

 

 

296.7

 

 

 

351.9

 

All Other

 

54.6

 

 

 

67.2

 

 

 

104.6

 

 

 

143.4

 

Total

$

845.8

 

 

$

883.3

 

 

$

1,675.9

 

 

$

1,778.3

 

Adjusted EBITDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic and Canada RWCS

$

160.6

 

 

$

196.8

 

 

$

315.2

 

 

$

386.8

 

International RWCS

 

23.2

 

 

 

26.9

 

 

 

47.1

 

 

 

59.9

 

All Other

 

(46.1

)

 

 

(32.8

)

 

 

(87.8

)

 

 

(66.5

)

Total

$

137.7

 

 

$

190.9

 

 

$

274.5

 

 

$

380.2

 

The following table reconciles the Company's primary measure of segment profitability (Adjusted EBITDA) to Income from operations:

 

In millions

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Total Reportable Segment Adjusted EBITDA

$

137.7

 

 

$

190.9

 

 

$

274.5

 

 

$

380.2

 

Depreciation (1)

 

(32.1

)

 

 

(32.7

)

 

 

(63.9

)

 

 

(63.5

)

Business Transformation

 

(14.0

)

 

 

(21.8

)

 

 

(34.5

)

 

 

(43.9

)

Intangible Amortization

 

(36.9

)

 

 

(32.9

)

 

 

(74.7

)

 

 

(64.8

)

Acquisition and Integration

 

-

 

 

 

(1.8

)

 

 

(1.9

)

 

 

(5.9

)

Operational Optimization

 

(3.6

)

 

 

(7.0

)

 

 

(7.2

)

 

 

(15.9

)

Divestitures

 

(4.9

)

 

 

(13.0

)

 

 

(2.1

)

 

 

(17.1

)

Litigation, Settlements and Regulatory Compliance

 

(9.1

)

 

 

(16.4

)

 

 

(18.9

)

 

 

(43.9

)

Impairment

 

(2.1

)

 

 

-

 

 

 

(24.6

)

 

 

-

 

Other

 

(9.7

)

 

 

(2.9

)

 

 

(25.6

)

 

 

(8.7

)

Income from operations

$

25.3

 

 

$

62.4

 

 

$

21.1

 

 

$

116.5

 

 

(1)

Excludes depreciation charges of $0.8 million for both the three and six months ended June 30, 2019 that are included as part of Business Transformation.

There were no significant changes in total assets by reportable segment from the information provided in the Company’s 2018 Form 10-K.