Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Sales Information By Reportable Segments

Segment results for the three months ended March 31, 2017 and 2016 and assets as of March 31, 2017 and December 31, 2016 based on the Company’s reportable segments are as follows (in millions):



Three Months Ended March 31,	North America			South America		Europe/ Middle East		Asia/ Pacific/Africa			Consolidated
2017
Net sales	$	382.6		$	222.2	$	892.5	$	130.3		$	1,627.6
Income from operations	2.5			2.2		65.3		2.1			72.1
Depreciation	14.2			6.8		28.7		4.6			54.3
Capital expenditures	22.0			11.7		21.0		2.4			57.1
2016
Net sales	$	408.4		$	144.2	$	899.1	$	107.6		$	1,559.3
(Loss) income from operations	(0.7		)	0.4		68.1		(0.7		)	67.1
Depreciation	15.6			4.6		30.8		4.5			55.5
Capital expenditures	11.4			6.2		15.5		2.6			35.7
Assets
As of March 31, 2017	$	1,004.7		$	805.8	$	1,853.8	$	414.2		$	4,078.5
As of December 31, 2016	978.5			739.4		1,635.2		426.3			3,779.4

Reconciliation of Income From Operations from Segment to Consolidated

A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):



	Three Months Ended March 31,
	2017			2016
Segment income from operations	$	72.1		$	67.1
Corporate expenses	(26.6		)	(29.7		)
Stock compensation expense	(11.4		)	(5.1		)
Restructuring expenses	(5.1		)	(1.9		)
Amortization of intangibles	(13.4		)	(11.0		)
Consolidated income from operations	$	15.6		$	19.4

Reconciliation of Assets from Segment to Consolidated



	March 31, 2017		December 31, 2016
Segment assets	$	4,078.5	$	3,779.4
Cash and cash equivalents	289.9		429.7
Investments in affiliates	429.7		414.9
Deferred tax assets, other current and noncurrent assets	611.7		560.7
Intangible assets, net	596.8		607.3
Goodwill	1,388.0		1,376.4
Consolidated total assets	$	7,394.6	$	7,168.4