Segment Information

12 Months Ended

Dec. 31, 2014

Segment Reporting, Measurement Disclosures [Abstract]

Segment Information

Segment Information

Our reportable segments are based on geographic operations and include commercial business units in Latin America; Europe, Middle East & Africa; North America; and Asia Pacific. The segments have similar business characteristics and each offers similar products through similar customer access methods.

Global and other expenses include, among other things, costs related to our executive and administrative offices, information technology, research and development, marketing, professional and related fees associated with the FCPA investigations and compliance reviews, the accrual for the settlements related to the FCPA investigations, a non-cash impairment charge for the capitalized software associated with SMT and pension settlement charges. We allocate certain planned global expenses to our business segments primarily based on planned revenue. The unallocated costs remain as Global and other expenses. We do not allocate to our segments costs of implementing restructuring initiatives related to our global functions, professional and related fees associated with the FCPA investigations and compliance reviews, the accrual for the settlements related to the FCPA investigations, a non-cash impairment charge for the capitalized software associated with SMT and settlement charges associated with the U.S. pension plan. Costs of implementing restructuring initiatives related to a specific segment are recorded within that segment.

The accounting policies of the segments are the same as those described in Note 1, Description of the Business and Summary of Significant Accounting Policies. We evaluate the performance of our segments based on revenues and operating profits or losses. Segment revenues primarily reflect direct sales of products to Representatives based on the Representative’s geographic location. Intersegment sales and transfers are not significant. Each segment records direct expenses related to its employees and its operations.

Summarized financial information concerning our reportable segments as of December 31 is shown in the following tables:

Total Revenue & Operating Profit (Loss)
	2014					2013					2012
	Total Revenue		Operating Profit (Loss)			Total Revenue		Operating Profit (Loss)			Total Revenue		Operating Profit (Loss)
Latin America	$	4,239.5	$	279.8		$	4,840.5	$	478.6		$	4,993.7	$	443.9
Europe, Middle East & Africa	2,705.8		300.9			2,898.4		406.7			2,914.2		312.8
North America	1,203.4		(72.5		)	1,458.2		(60.1		)	1,751.1		(4.7		)
Asia Pacific	702.7		20.9			757.9		(12.1		)	902.4		5.1
Total from operations	8,851.4		529.1			9,955.0		813.1			10,561.4		757.1
Global and other	—		(129.0		)	—		(385.9		)	—		(232.1		)
Total	$	8,851.4	$	400.1		$	9,955.0	$	427.2		$	10,561.4	$	525.0

Total Assets
	2014		2013		2012
Latin America	$	2,033.0	$	2,432.7	$	2,713.3
Europe, Middle East & Africa	1,170.6		1,370.9		1,380.2
North America	429.9		519.5		635.9
Asia Pacific	390.8		441.7		537.7
Total from continuing operations	4,024.3		4,764.8		5,267.1
Total from discontinued operations	—		—		190.6
Global and other	1,472.5		1,727.5		1,924.8
Total assets	$	5,496.8	$	6,492.3	$	7,382.5

Capital Expenditures
	2014		2013		2012
Latin America	$	82.6	$	94.1	$	99.0
Europe, Middle East & Africa	19.0		20.0		27.1
North America	4.7		7.6		8.6
Asia Pacific	3.3		6.6		4.6
Total from operations	109.6		128.3		139.3
Global and other	21.5		69.0		89.2
Total capital expenditures	$	131.1	$	197.3	$	228.5

Depreciation and Amortization
	2014		2013		2012
Latin America	$	70.9	$	72.2	$	74.3
Europe, Middle East & Africa	40.0		46.6		47.0
North America	22.1		37.4		33.7
Asia Pacific	17.3		21.9		21.2
Total from operations	150.3		178.1		176.2
Global and other	42.3		46.5		36.3
Total depreciation and amortization	$	192.6	$	224.6	$	212.5

Total Revenue by Major Country

A major country is defined as one with total revenues greater than 10% of consolidated total revenues.

	2014		2013		2012
Brazil	$	1,909.3	$	2,014.0	$	2,041.7
U.S.	1,008.3		1,221.8		1,454.1
All other	5,933.8		6,719.2		7,065.6
Total	$	8,851.4	$	9,955.0	$	10,561.4

Long-Lived Assets by Major Country

A major country is defined as one with long-lived assets greater than 10% of consolidated long-lived assets. Long-lived assets primarily include property, plant and equipment and intangible assets. Long-lived assets in the U.S. and Brazil consist primarily of property, plant and equipment related to manufacturing and distribution facilities.

	2014		2013		2012
U.S.	$	418.5	$	450.4	$	714.4
Brazil	361.9		421.5		484.5
All other	1,005.3		1,153.4		1,232.6
Total	$	1,785.7	$	2,025.3	$	2,431.5