Segment Information

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

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 segment profits or losses. Segment revenues primarily reflect direct sales of products to Representatives based on the Representative’s geographic location.

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 16, Restructuring Initiatives), a loss contingency related to a non-U.S. pension plan (see Note 13, Employee Benefit Plans), certain significant asset impairment charges (see Note 19, Goodwill), 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.

Other operating segments and business activities include the business results for Liz Earle, which was sold in July 2015, 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.

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



Total Revenue	2017		2016		2015
Europe, Middle East & Africa	$	2,126.5	$	2,138.2	$	2,229.2
South Latin America	2,222.4		2,145.9		2,309.6
North Latin America	811.8		829.9		901.0
Asia Pacific	518.3		549.7		616.8
Total segment revenue	5,679.0		5,663.7		6,056.6
Other operating segments and business activities	36.6		54.0		103.9
Total revenue	$	5,715.6	$	5,717.7	$	6,160.5



Operating Profit	2017			2016			2015
Segment Profit
Europe, Middle East & Africa	$	330.6		$	329.9		$	311.2
South Latin America	194.1			200.5			238.9
North Latin America	81.8			114.4			107.2
Asia Pacific	47.7			60.6			69.4
Total segment profit	654.2			705.4			726.7
Other operating segments and business activities	5.2			5.3			16.1
Unallocated global expenses	(307.7		)	(338.6		)	(391.2		)
CTI restructuring initiatives	(60.2		)	(77.4		)	(49.1		)
Loss contingency	(18.2		)	—			—
Legal settlement⁽¹⁾	—			27.2			—
Venezuelan special items	—			—			(120.2		)
Pension settlement charge	—			—			(7.3		)
Other items	—			—			(3.1		)
Asset impairment and other charges	—			—			(6.9		)
Operating profit	$	273.3		$	321.9		$	165.0

(1)

In the third quarter of 2016, we settled claims relating to professional services that had been provided to the Company prior to 2013 in connection with a previously disclosed legal matter. The proceeds, net of legal fees, of $27.2 before tax ($27.2 after tax) were recognized as a reduction of SG&A in the third quarter of 2016 and were subsequently received by the Company in the fourth quarter of 2016.



Total Assets	2017		2016		2015
Europe, Middle East & Africa	$	1,190.5	$	949.3	$	909.9
South Latin America	1,273.6		1,306.3		1,126.8
North Latin America	335.8		344.4		368.3
Asia Pacific	296.9		295.4		315.0
Total from reportable segments	3,096.8		2,895.4		2,720.0
Total from discontinued operations⁽²⁾	—		1.3		371.2
Other operating segments	.9		2.9		50.5
Global	600.2		519.3		628.7
Total assets⁽²⁾	$	3,697.9	$	3,418.9	$	3,770.4


(2)	Total assets from discontinued operations and total assets at December 31, 2015 in the table above exclude the $100.0 receivable from continuing operations that was presented within current assets of discontinued operations. See Note 3, Discontinued Operations and Divestitures.



Capital Expenditures	2017		2016		2015
Europe, Middle East & Africa	$	29.4	$	18.8	$	17.2
South Latin America	35.4		39.2		42.0
North Latin America	12.9		11.7		9.7
Asia Pacific	2.3		4.5		3.5
Total from reportable segments	80.0		74.2		72.4
Other operating segments	—		—		4.8
Global	17.3		18.8		15.2
Total capital expenditures	$	97.3	$	93.0	$	92.4



Depreciation and Amortization	2017		2016		2015
Europe, Middle East & Africa	$	29.9	$	28.2	$	29.0
South Latin America	34.3		30.9		34.2
North Latin America	13.6		13.1		14.2
Asia Pacific	9.3		11.1		13.4
Total from reportable segments	87.1		83.3		90.8
Other operating segments	—		.6		4.6
Global	26.9		30.0		30.7
Total depreciation and amortization	$	114.0	$	113.9	$	126.1

Total Revenue by Major Country

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



	2017		2016		2015
Brazil	$	1,263.8	$	1,220.4	$	1,252.6
All other	4,451.8		4,497.3		4,907.9
Total	$	5,715.6	$	5,717.7	$	6,160.5

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, and also includes our country of domicile (the U.S.). Long-lived assets primarily include property, plant and equipment associated with our continuing operations. Long-lived assets in Brazil consist primarily of property, plant and equipment related to manufacturing and distribution facilities and long-lived assets in the U.S. consist primarily of property, plant and equipment, including our global research and development facility.



	2017		2016		2015
Brazil	$	396.9	$	400.9	$	302.7
U.S.	174.4		196.1		225.9
All other	554.3		559.9		597.3
Total	$	1,125.6	$	1,156.9	$	1,125.9