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SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Financial Information Concerning Company's Reportable Segments

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

 

Reconciliation of Company's Primary Measure of Segment Profitability (EBITDA) to (Loss) Income from Operations

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).