SEGMENT REPORTING

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 18 – SEGMENT REPORTING

The Company evaluates, oversees and manages the financial performance of three operating segments – North America RWCS (formerly Domestic and Canada RWCS), International RWCS, and Domestic Communication and Related Services.

The North America, and International Regulated Waste and Compliance Services segments offer the following services: Medical waste management services (including reusable sharps disposal management services), Pharmaceutical waste services, Compliance programs under the Steri-Safe®, Clinical Services, First Practice Management, SeguriMed, and EnviroAssure brand names, Retail and Healthcare – Hazardous

waste and compliance solutions, Industrial and manufacturing hazardous waste management and Secure Information Destruction

The Domestic Communication and Related Services segment offers Appointment reminders, secure messaging, event registration, and other communications specifically for hospitals and IDN’s as well as Regulated recall and returns management communication, logistics, and data management services for expired, withdrawn or recalled products.

Domestic Communication and Related Services does not consistently meet the quantitative criteria to be a separate reportable segment and therefore is included in the “All Other” reporting segment along with costs related to corporate support, shared services functions, and stock-based compensation.

The Company’s measure of segment profitability is Adjusted Earnings Before Interest, Tax, Depreciation and Amortization (“Adjusted EBITDA”).  Adjusted EBITDA is Income from operations excluding certain specified items, Depreciation and Intangible Amortization.

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

In millions
	Year Ended December 31,
	2019			2018			2017
Revenues
North America RWCS	$	2,544.2		$	2,574.1		$	2,551.9
International RWCS		579.3			655.1			707.6
All Other		185.4			256.7			321.2
Total	$	3,308.9		$	3,485.9		$	3,580.7
Depreciation
North America RWCS	$	77.2		$	72.5		$	80.3
International RWCS		27.8			29.7			30.9
All Other		20.8			23.4			19.9
Total(1)	$	125.8		$	125.6		$	131.1
Intangible Amortization
North America RWCS	$	103.1		$	96.7		$	87.6
International RWCS		34.1			25.3			22.7
All Other		8.0			8.3			8.1
Total	$	145.2		$	130.3		$	118.4
Adjusted EBITDA
North America RWCS	$	643.2		$	782.4		$	809.5
International RWCS		99.0			95.6			93.7
All Other		(164.4	)		(133.4	)		(91.2	)
Total	$	577.8		$	744.6		$	812.0
Total Assets
North America RWCS	$	5,085.2		$	5,062.5		$	4,995.0
International RWCS		988.8			1,110.4			1,333.1
All Other		363.0			282.6			660.2
Total	$	6,437.0		$	6,455.5		$	6,988.3

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

In millions
	Year Ended December 31,
	2019			2018			2017
Total Reportable Segment Adjusted EBITDA	$	577.8		$	744.6		$	812.0
Depreciation(1)		(125.8	)		(125.6	)		(131.1	)
Intangible Amortization		(145.2	)		(130.3	)		(118.4	)
Business Transformation		(67.7	)		(82.6	)		(31.3	)
Acquisition and Integration		(3.5	)		(9.8	)		(40.7	)
Operational Optimization		(14.5	)		(29.4	)		(71.1	)
Divestitures (including Divestiture Losses, net of Gains)		(114.7	)		(20.5	)		(9.5	)
Litigation, Settlements and Regulatory Compliance		(28.2	)		(93.2	)		(327.7	)
Asset Impairments		(22.1	)		(26.5	)		-
Goodwill Impairment		(228.3	)		(358.7	)		(65.0	)
Other		(39.7	)		(29.1	)		(24.8	)
Loss from operations	$	(211.9	)	$	(161.1	)	$	(7.6	)

^{(1) Excludes depreciation of $1.8 million for the year ended December 31, 2019, which is included as part of Business Transformation.}