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SEGMENT REPORTING
 9 Months Ended
Sep. 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 September 30,

 

 

Nine Months Ended September 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic and Canada RWCS

$

639.3

 

 

$

644.3

 

 

$

1,913.9

 

 

$

1,927.3

 

International RWCS

 

143.5

 

 

 

151.1

 

 

 

440.2

 

 

 

503.0

 

All Other

 

50.3

 

 

 

59.5

 

 

 

154.9

 

 

 

202.9

 

Total

$

833.1

 

 

$

854.9

 

 

$

2,509.0

 

 

$

2,633.2

 

Adjusted EBITDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Domestic and Canada RWCS

$

167.7

 

 

$

196.6

 

 

$

482.9

 

 

$

583.4

 

International RWCS

 

26.7

 

 

 

20.9

 

 

 

73.8

 

 

 

80.8

 

All Other

 

(44.0

)

 

 

(33.6

)

 

 

(131.8

)

 

 

(100.1

)

Total

$

150.5

 

 

$

183.9

 

 

$

425.0

 

 

$

564.1

 

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

 

In millions

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Total Reportable Segment Adjusted EBITDA

$

150.5

 

 

$

183.9

 

 

$

425.0

 

 

$

564.1

 

Depreciation(1)

 

(31.7

)

 

 

(32.1

)

 

 

(95.6

)

 

 

(95.6

)

Business Transformation

 

(17.1

)

 

 

(21.0

)

 

 

(51.6

)

 

 

(64.9

)

Intangible Amortization

 

(35.8

)

 

 

(31.8

)

 

 

(110.5

)

 

 

(96.6

)

Acquisition and Integration

 

(1.6

)

 

 

(1.6

)

 

 

(3.5

)

 

 

(7.5

)

Operational Optimization

 

(3.9

)

 

 

(3.6

)

 

 

(11.1

)

 

 

(19.5

)

Divestitures and Held-for-Sale Impairments

 

(85.3

)

 

 

(2.0

)

 

 

(87.4

)

 

 

(19.1

)

Litigation, Settlements and Regulatory Compliance

 

(2.4

)

 

 

(17.3

)

 

 

(21.3

)

 

 

(61.2

)

Impairments(2)

 

-

 

 

 

-

 

 

 

(24.6

)

 

 

-

 

Other

 

(7.2

)

 

 

(6.2

)

 

 

(32.8

)

 

 

(14.9

)

(Loss) income from operations

$

(34.5

)

 

$

68.3

 

 

$

(13.4

)

 

$

184.8

 

 

(1)

Excludes depreciation charges of $0.2 million and $1.0 million for the three and nine months ended September 30, 2019, respectively that are included as part of Business Transformation.

 

(2)

Impairment primarily comprises goodwill impairment (see Note 4 – Goodwill and Other Intangibles).

Other than the impact of the held-for-sale impairments discussed in Note 3 – Restructuring, Divestitures and Disposal Groups Held-For-Sale, there were no significant changes in total assets by reportable segment from the information provided in the Company’s 2018 Form 10-K.