SEGMENT REPORTING

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

The Company evaluates, oversees and manages the financial performance of two operating and reportable segments – North America and International. Other includes costs related to corporate enabling and shared services functions, annual incentive compensation, and stock-based compensation.

The North America and International segments offer the following services: RWCS, which provide collection and processing of regulated and specialized waste, including medical (including reusable sharps disposal management services), pharmaceutical and hazardous waste, for disposal and compliance programs (under the Steri-Safe®, Clinical Services, First Practice Management, SeguriMed and EnviroAssure brand names) and SID Services, which provide for the collection of personal and confidential information for secure destruction and recycling of shredded paper.

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

In millions
	Year Ended December 31,
	2022		2021		2020
Revenues
North America	$	2,263.1	$	2,136.5	$	2,189.2
International	441.6		510.4		486.3
Total	$	2,704.7	$	2,646.9	$	2,675.5
Depreciation (1)
North America	$	68.9	$	73.5	$	78.1
International	17.2		19.2		21.7
Other	22.4		12.7		6.8
Total	$	108.5	$	105.4	$	106.6
Intangible Amortization
North America	$	107.6	$	95.8	$	98.3
International	16.4		22.1		26.6
Total	$	124.0	$	117.9	$	124.9
Adjusted Income from Operations
North America	$	607.1	$	587.6	$	606.0
International	34.1		53.6		46.5
Other	(317.5)		(288.8)		(263.9)
Total	$	323.7	$	352.4	$	388.6
Total Assets
North America	$	4,300.8	$	4,364.6	$	4,377.5
International	785.0		876.4		946.0
Other	248.3		232.1		258.4
Total	$	5,334.1	$	5,473.1	$	5,581.9

(1)Excludes depreciation of $0.6 million, and $2.0 million for the years ended December 31, 2021, and 2020, respectively, which is included as part of ERP and system modernization.

The following table reconciles the Company's primary measure of segment profitability, Adjusted Income from Operations, to Income from operations:

In millions
	Year Ended December 31,
	2022		2021		2020
Total Reportable Segment Adjusted Income from Operations	$	323.7	$	352.4	$	388.6
Intangible Amortization	(124.0)		(117.9)		(124.9)
ERP and system modernization	(19.2)		(59.0)		(50.8)
Operational Optimization	—		—		(3.1)
Portfolio Optimization	8.7		(3.3)		(133.0)
Litigation, Settlements and Regulatory Compliance	(30.0)		(93.2)		(20.3)
Asset Impairments	(5.5)		(6.7)		(15.5)
Other	—		—		(9.1)
Income from operations	$	153.7	$	72.3	$	31.9