SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2019

SEGMENT INFORMATIONWe determine segment profit by deducting the related costs and expenses from segment revenue. Segment profit includes an allocation of global marketing and digital expenses based on actual revenues. Segment profit excludes global expenses other than the allocation of marketing and digital, costs to implement ("CTI") restructuring initiatives (see Note 15, Restructuring Initiatives to the Consolidated Financial Statements contained herein), certain significant asset impairment charges, and other expenses, 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	2019		2018		2019		2018
Europe, Middle East & Africa	$	398.3	$	442.9	$	1,282.1	$	1,512.0
South Latin America*	494.0		645.4		1,351.7		1,658.6
North Latin America	184.7		207.0		571.2		609.9
Asia Pacific	106.3		120.5		330.0		345.0
Total revenue from reportable segments*	1,183.3		1,415.8		3,535.0		4,125.5
Other operating segments and business activities⁽¹⁾	4.7		8.4		14.7		44.1
Total revenue*	$	1,188.0	$	1,424.2	$	3,549.7	$	4,169.6


	Three Months Ended September 30,						Nine Months Ended September 30,
Operating Profit	2019		2018		2019		2018
Segment Profit
Europe, Middle East & Africa	$	47.6	$	46.1	$	165.8	$	194.9
South Latin America*	118.4		194.1		207.4		276.5
North Latin America	17.0		14.3		52.6		54.1
Asia Pacific	9.4		9.6		36.9		27.3
Total profit from reportable segments*	$	192.4	$	264.1	$	462.7	$	552.8
Other operating segments and business activities⁽¹⁾	.9		1.1		2.0		2.7
Unallocated global expenses	(58.9)		(58.5)		(187.3)		(216.3)
CTI restructuring initiatives	(17.5)		(19.8)		(116.7)		(54.4)
Other expenses⁽²⁾	(19.2)		—		(36.4)		—
Operating profit*	$	97.7	$	186.9	$	124.3	$	284.8

* 2019 includes the impact of certain Brazil indirect taxes which was recorded in product sales of approximately $68, in our Consolidated Income Statements. See Note 14 Supplemental Balance Sheet Information, to the Consolidated Financial Statements contained herein for further information. 2018 includes the impact of the Brazil IPI, which was recorded in product sales of approximately $168, in our Consolidated Income Statements. See Note 11, Contingencies, to the Consolidated Financial Statements contained herein for further information.

⁽¹⁾ Other operating segments and business activities include markets that have been exited. Effective in the first quarter of 2018, given that we exited Australia and New Zealand during 2018, the results of Australia and New Zealand are now reported in Other operating segments and business activities for all periods presented, while previously the results had been reported in the Asia Pacific segment. 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.

(2) Other expenses includes primarily professional fees incurred in relation to the Natura transaction, and other impairment losses on assets. Refer to Note 21, Agreement and Plan of Mergers with Natura Cosmeticos S.A., to the Consolidated Financial Statements contained herein for more information relating to the Natura transaction.