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SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2017
Segment Reporting, Measurement Disclosures [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
We determine segment profit by deducting the related costs and expenses from segment revenue. In order to ensure comparability between periods, segment profit includes an allocation of global marketing expenses based on actual revenues. Segment profit excludes global expenses other than the allocation of marketing, costs to implement ("CTI") restructuring initiatives (see Note 12, Restructuring Initiatives), a loss contingency related to a non-U.S. pension plan (see Note 7, Employee Benefit Plans), certain significant asset impairment charges, and other items, which are not allocated to a particular segment, if applicable. This is consistent with the manner in which we assess our performance and allocate resources.
Summarized financial information concerning our reportable segments was as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 Total Revenue
 
2017
 
2016
 
2017
 
2016
Europe, Middle East & Africa
 
$
482.8

 
$
476.4

 
$
1,484.9

 
$
1,517.7

South Latin America
 
589.7

 
594.8

 
1,647.0

 
1,556.9

North Latin America
 
206.0

 
196.8

 
607.0

 
625.9

Asia Pacific
 
130.1

 
131.4

 
379.0

 
406.4

Total revenue from reportable segments
 
1,408.6

 
1,399.4

 
4,117.9

 
4,106.9

Other operating segments and business activities
 
9.2

 
9.4

 
28.9

 
42.7

Total revenue
 
$
1,417.8

 
$
1,408.8

 
$
4,146.8

 
$
4,149.6


 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
Operating Profit
 
2017
 
2016
 
2017
 
2016
Segment Profit
 
 
 
 
 
 
 
 
Europe, Middle East & Africa
 
$
65.9

 
$
66.2

 
$
222.5

 
$
218.3

South Latin America
 
66.3

 
73.8

 
124.8

 
157.9

North Latin America
 
17.2

 
24.4

 
56.0

 
85.0

Asia Pacific
 
13.0

 
12.9

 
34.1

 
43.1

Total profit from reportable segments
 
$
162.4

 
$
177.3

 
$
437.4

 
$
504.3

Other operating segments and business activities
 
1.1

 
(1.0
)
 
3.9

 
3.2

Unallocated global expenses
 
(74.3
)
 
(77.5
)
 
(243.3
)
 
(249.6
)
CTI restructuring initiatives
 
(6.2
)
 
(14.0
)
 
(36.5
)
 
(70.2
)
Loss contingency
 

 

 
(18.2
)
 

Legal settlement
 

 
27.2

 

 
27.2

Operating profit
 
$
83.0

 
$
112.0

 
$
143.3

 
$
214.9


Other operating segments and business activities include the first quarter of 2016 results of Venezuela, as it was deconsolidated effective March 31, 2016, as well as markets that have been exited. Effective in the first quarter of 2017, given that we exited Thailand during 2016, the results of Thailand are now reported in Other operating segments and business activities for all periods presented, while previously the results had been reported in Asia Pacific. Other operating segments and business activities also include revenue from the sale of products to New Avon since the separation of the Company's North America business into New Avon on March 1, 2016 and ongoing royalties from the licensing of our name and products.