Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Segment information as of and for the years ended December 31, 2013, 2012 and 2011 is as follows:


	2013
(in millions)	Outdoor Solutions			Consumer Solutions			Branded Consumables			Process Solutions			Intercompany Eliminations			Total Operating Segments			Corporate/ Unallocated			Consolidated
Net sales	$	2,724.4		$	2,040.0		$	2,266.6		$	403.6		$	(78.7	)	$	7,355.9		$	—		$	7,355.9

Segment earnings (loss)		298.4			307.2			411.1			51.7			—			1,068.4			(132.4	)		936.0
Adjustments to reconcile to reported operating earnings (loss):
Fair value adjustment to inventory		(7.4	)		—			(82.4	)		—			—			(89.8	)		—			(89.8	)
Reorganization costs		(11.7	)		(3.3	)		(7.0	)		—			—			(22.0	)		—			(22.0	)
Acquisition-related and other costs (a)		(25.9	)		(1.4	)		(7.4	)		—			—			(34.7	)		17.1			(17.6	)
Venezuela devaluation-related charges		—			—			—			—			—			—			(29.0	)		(29.0	)
Other (b)		—			—			—			—			—			—			(38.8	)		(38.8	)
Depreciation and amortization		(57.3	)		(32.5	)		(60.8	)		(11.3	)		—			(161.9	)		(4.0	)		(165.9	)

Operating earnings (loss)	$	196.1		$	270.0		$	253.5		$	40.4		$	—		$	760.0		$	(187.1	)	$	572.9

Other segment data:
Total assets	$	2,892.7		$	2,055.6		$	4,131.6		$	183.0		$	—		$	9,262.9		$	833.2		$	10,096.1
Capital expenditures		87.2			39.0			39.0			8.4			—			173.6			37.4			211.0

	2012
(in millions)	Outdoor Solutions			Consumer Solutions			Branded Consumables			Process Solutions			Intercompany Eliminations			Total Operating Segments			Corporate/ Unallocated			Consolidated
Net sales	$	2,692.9		$	1,940.9		$	1,753.1		$	377.1		$	(67.9	)	$	6,696.1		$	—		$	6,696.1

Segment earnings (loss)		325.2			285.9			259.2			47.1			—			917.4			(103.6	)		813.8
Adjustments to reconcile to reported operating earnings (loss):
Fair value adjustment to inventory		(2.8	)		(3.2	)		—			—			—			(6.0	)		—			(6.0	)
Reorganization costs		(12.6	)		(14.1	)		(0.4	)		—			—			(27.1	)		—			(27.1	)
Acquisition-related and other costs		(3.9	)		(1.6	)		(3.8	)		—			—			(9.3	)		(8.2	)		(17.5	)
Other (c)		—			—			—			—			—			—			(33.6	)		(33.6	)
Depreciation and amortization		(55.2	)		(34.7	)		(46.0	)		(13.5	)		—			(149.4	)		(3.4	)		(152.8	)

Operating earnings (loss)	$	250.7		$	232.3		$	209.0		$	33.6		$	—		$	725.6		$	(148.8	)	$	576.8

Other segment data:
Total assets	$	2,930.1		$	1,971.9		$	1,934.1		$	183.1		$	—		$	7,019.2		$	691.4		$	7,710.6
Capital expenditures		55.0			53.6			30.9			9.9			—			149.4			5.1			154.5
	2011
(in millions)	Outdoor Solutions			Consumer Solutions			Branded Consumables			Process Solutions			Intercompany Eliminations			Total Operating Segments			Corporate/ Unallocated			Consolidated
Net sales	$	2,772.1		$	1,880.3		$	1,734.4		$	351.2		$	(58.1	)	$	6,679.9		$	—		$	6,679.9

Segment earnings (loss)		344.6			274.7			237.9			37.7			—			894.9			(104.1	)		790.8
Adjustments to reconcile to reported operating earnings (loss):
Fair value adjustment to inventory		—			—			(6.9	)		—			—			(6.9	)		—			(6.9	)
Reorganization costs		(13.5	)		(2.1	)		(6.4	)		(1.4	)					(23.4	)		—			(23.4	)
Acquisition-related and other costs (d)		7.1			(4.8	)		(10.8	)		(2.0	)		—			(10.5	)		(10.9	)		(21.4	)
Impairment of goodwill, intangibles and other assets		—			—			(52.5	)		—			—			(52.5	)		—			(52.5	)
Depreciation and amortization		(61.8	)		(31.1	)		(55.9	)		(12.4	)		—			(161.2	)		(2.5	)		(163.7	)

Operating earnings (loss)	$	276.4		$	236.7		$	105.4		$	21.9		$	—		$	640.4		$	(117.5	)	$	522.9

Other segment data:
Capital expenditures	$	61.4		$	23.2		$	31.6		$	8.6		$	—		$	124.8		$	2.1		$	126.9

(a)	Consolidated amount includes a net gain on the sale of certain assets recorded in the Corporate segment.

(b)	Represents stock-based compensation related to a grant of common stock to certain executive officers (see Note 13).

(c)	Represents cumulative stock-based compensation related to certain restricted share awards where compensation expense was not previously recognized as the achievement of the performance targets was not deemed probable (see Note 13).

(d)	Consolidated amount is net of gain on the sale of certain domestic assets recorded in the Outdoor Solutions segment.

Geographic Information

Geographic information as of and for the years ended December 31, 2013, 2012 and 2011 is as follows:


(in millions)	Domestic		International		Total
2013
Net sales	$	4,482.7	$	2,873.2	$	7,355.9
Long-lived assets		464.7		387.9		852.6

2012
Net sales	$	4,078.5	$	2,617.6	$	6,696.1
Long-lived assets		344.3		334.3		678.6

2011
Net sales	$	4,082.7	$	2,597.2	$	6,679.9

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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