16.

Segment Information

The Company conducts its operations through three geographic operating segments – North America, Europe and Mediterranean, and ROW, which consists of operations in Latin America, Sub-Saharan Africa, Middle East and Asia Pacific. The Company's operating segments align with the structure of the Company's internal management organization. All three segments engage in the development, design, manufacturing, marketing and distribution of copper, aluminum, and fiber optic communication, electric utility and electrical infrastructure wire and cable products. In addition to the above products, the Europe and Mediterranean segment and the ROW segment develops, designs, manufactures, markets and distributes construction products and the ROW segment manufactures and distributes 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 three and six months ended July 1, 2011 intersegment sales in North America were immaterial. In Europe and Mediterranean intersegment sales were $5.3 million and $10.7 million and in ROW intersegment sales were $9.3 million and $18.7 million, respectively. The chief operating decision maker evaluates segment performance and allocates resources based on segment operating income. Segment operating income represents income from continuing operations before interest income, interest expense, other income (expense), other financial costs and income tax.

Where applicable, "Corporate" generally includes corporate activity, eliminations and assets such as: cash, deferred income taxes, and certain property, including property held for sale, prepaid expenses and other certain current and non-current assets. Summarized financial information for the Company's reportable segments for the three and six fiscal months ended July 1, 2011 and July 2, 2010 is as follows:


	Three Fiscal Months Ended				Six Fiscal Months Ended
(in millions)	July 1, 2011		July 2, 2010		July 1, 2011		July 2, 2010
Net sales:
North America	$	566.4	$	447.6	$	1,108.2	$	854.6
Europe and Mediterranean		469.2		367.6		892.3		724.8
ROW		496.6		393.4		979.3		727.2

Total	$	1,532.2	$	1,208.6	$	2,979.8	$	2,306.6

Operating Income:
North America	$	41.3	$	28.6	$	76.8	$	59.0
Europe and Mediterranean		12.4		3.6		25.9		9.5
ROW		26.1		27.6		50.2		48.6

Total	$	79.8	$	59.8	$	152.9	$	117.1


(in millions)					July 1, 2011		December 31, 2010
Identifiable Assets:
North America					$	888.6	$	866.7
Europe and Mediterranean						1,727.8		1,476.0
ROW						1,983.5		1,833.8
Corporate						231.8		151.2

Total					$	4,831.7	$	4,327.7