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Segment Information
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company conducts its operations through four geographic operating and reportable segments — North America, Europe, Latin America, and Africa/Asia Pacific. The Company’s operating and reportable segments align with the structure of the Company’s internal management organization. All four segments engage in the development, design, manufacturing, marketing and distribution of copper, aluminum, and fiber optic communication, construction, electric utility and electrical infrastructure wire and cable products. In addition to the above products, the North America and Latin America segments manufacture and distribute rod mill wire and cable products.
Net revenues as shown below represent sales to external customers for each segment. Intersegment sales have been eliminated. For the year ended December 31, 2016, intersegment sales were $38.0 million in North America, $9.9 million in Europe, $22.9 million in Latin America and $0.2 million in Africa/Asia Pacific. For the year ended December 31, 2015, intersegment sales were $29.8 million in North America, $18.3 million in Europe and $19.5 million in Latin America. For the year ended December 31, 2014, intersegment sales were $31.5 million in North America, $55.8 million in Europe, $31.7 million in Latin America and $0.5 million in Africa/Asia Pacific.
The chief operating decision maker evaluates segment performance and allocates resources based on segment operating income. Summarized financial information for the Company's reportable segments is as follows:
 
 
Year Ended
(in millions)
 
Dec 31, 2016

 
Dec 31, 2015

 
Dec 31, 2014

Net Sales:
 
 
 
 
 
 
North America
 
$
2,041.7

 
$
2,299.3

 
$
2,550.1

Europe
 
875.7

 
960.2

 
1,330.8

Latin America
 
655.2

 
726.8

 
1,143.0

Africa/Asia Pacific
 
285.8

 
528.2

 
955.9

Total
 
$
3,858.4

 
$
4,514.5

 
$
5,979.8

Segment Operating Income (Loss):
 
 
 
 
 
 
North America
 
$
62.4

 
$
84.5

 
$
118.5

Europe
 
2.6

 
6.6

 
(94.0
)
Latin America
 
(14.4
)
 
(22.8
)
 
(246.6
)
Africa/Asia Pacific
 
(68.9
)
 
(53.8
)
 
(89.3
)
Total
 
$
(18.3
)
 
$
14.5

 
$
(311.4
)
Capital Expenditures:
 
 
 
 
 
 
North America
 
$
51.3

 
$
20.9

 
$
38.4

Europe
 
19.8

 
20.7

 
9.5

Latin America
 
12.4

 
11.1

 
25.6

Africa/Asia Pacific
 
0.6

 
8.8

 
16.1

Total
 
$
84.1

 
$
61.5

 
$
89.6

Depreciation Expense:
 
 
 
 
 
 
North America
 
$
37.9

 
$
37.1

 
$
39.8

Europe
 
22.4

 
25.2

 
33.1

Latin America
 
10.7

 
12.6

 
20.4

Africa/Asia Pacific
 
4.8

 
9.2

 
16.8

Total
 
$
75.8

 
$
84.1

 
$
110.1

Total Assets:
 
 
 
 
 
 
North America
 
$
950.2

 
$
986.9

 
$
1,206.6

Europe
 
624.1

 
632.0

 
751.4

Latin America
 
466.4

 
480.8

 
656.6

Africa/Asia Pacific
 
200.9

 
354.9

 
738.4

Total
 
$
2,241.6

 
$
2,454.6

 
$
3,353.0


Revenues by Major Product Lines Revenues to external customers are attributable to sales of electric utility, electrical infrastructure, construction, communications and rod mill wire product lines.
 
 
Year Ended
(in millions)
 
Dec 31, 2016
 
Dec 31, 2015
 
Dec 31, 2014
Electric Utility
 
$
1,357.1

 
$
1,550.2

 
$
2,006.1

Electrical Infrastructure
 
989.7

 
1,234.6

 
1,589.5

Construction
 
820.8

 
962.9

 
1,440.4

Communications
 
473.8

 
517.0

 
570.4

Rod Mill Products
 
217.0

 
249.8

 
373.4

Total
 
$
3,858.4

 
$
4,514.5

 
$
5,979.8


Geographic Information The following table presents net sales to unaffiliated customers by country of destination for the last three years and long-lived assets by country as of December 31:
 
 
Net Sales
 
Non - Current Assets
 
 
Year Ended
 
Year Ended
(in millions)
 
Dec 31, 2016
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2016
 
Dec 31, 2015
United States
 
$
1,738.4

 
$
1,914.0

 
$
2,049.3

 
$
242.2

 
$
255.4

Canada
 
293.0

 
345.5

 
467.1

 
25.2

 
25.4

France
 
284.4

 
295.2

 
383.6

 
66.8

 
61.9

Brazil
 
222.6

 
247.4

 
457.9

 
61.4

 
57.4

Spain
 
149.2

 
153.5

 
218.5

 
48.1

 
47.6

Others
 
1,170.8

 
1,558.9

 
2,403.4

 
198.7

 
266.5

Total
 
$
3,858.4

 
$
4,514.5

 
$
5,979.8

 
$
642.4

 
$
714.2