Segment Information (Tables)

12 Months Ended

Dec. 31, 2014

Segment Information

Segment information as of and for the years ended December 31, 2014, 2013 and 2012 is as follows:

	2014
(in millions)	Branded Consumables			Consumer Solutions			Outdoor Solutions			Process Solutions			Intercompany Eliminations			Total Operating Segments			Corporate/ Unallocated			Consolidated
Net sales	$	2,993.6		$	2,211.6		$	2,739.2		$	427.5		$	(84.8	)	$	8,287.1		$	—		$	8,287.1
Segment earnings (loss)		520.6			358.0			302.3			52.0			—			1,232.9			(128.9	)		1,104.0
Adjustments to reconcile to reported operating earnings (loss):
Fair market value adjustment to inventory		(2.1	)		(21.3	)		—			—			—			(23.4	)		—			(23.4	)
Restructuring costs		(3.6	)		(1.8	)		(2.3	)		—			—			(7.7	)		—			(7.7	)
Acquisition-related and other costs, net (a)		(19.6	)		27.8			(41.1	)		—			—			(32.9	)		(9.1	)		(42.0	)
Venezuela foreign exchange-related charges		—			—			—			—			—			—			(174.6	)		(174.6	)
Impairment of goodwill, intangibles and other assets		(13.9	)		(0.7	)		(9.9	)		(0.9	)		—			(25.4	)		—			(25.4	)
Depreciation and amortization		(86.1	)		(32.4	)		(55.6	)		(11.3	)		—			(185.4	)		(5.7	)		(191.1	)
Operating earnings (loss)	$	395.3		$	329.6		$	193.4		$	39.8		$	—		$	958.1		$	(318.3	)	$	639.8
Other segment data:
Total assets	$	4,223.1		$	2,516.5		$	2,829.4		$	194.1		$	—		$	9,763.1		$	1,036.2		$	10,799.3
Capital expenditures		92.3			28.6			57.3			17.6			—			195.8			6.3			202.1
	2013
(in millions)	Branded Consumables			Consumer Solutions			Outdoor Solutions			Process Solutions			Intercompany Eliminations			Total Operating Segments			Corporate/ Unallocated			Consolidated
Net sales	$	2,266.6		$	2,040.0		$	2,724.4		$	403.6		$	(78.7	)	$	7,355.9		$	—		$	7,355.9
Segment earnings (loss)		411.1			307.2			298.4			51.7			—			1,068.4			(132.4	)		936.0
Adjustments to reconcile to reported operating earnings (loss):
Fair market value adjustment to inventory		(82.4	)		—			(7.4	)		—			—			(89.8	)		—			(89.8	)
Restructuring costs, net		(7.0	)		(3.3	)		(11.7	)		—			—			(22.0	)		—			(22.0	)
Acquisition-related and other costs, net (b)		(7.4	)		(1.4	)		(25.9	)		—			—			(34.7	)		17.1			(17.6	)
Venezuela foreign exchange-related charges		—			—			—			—			—			—			(29.0	)		(29.0	)
Other (c)		—			—			—			—			—			—			(38.8	)		(38.8	)
Depreciation and amortization		(60.8	)		(32.5	)		(57.3	)		(11.3	)		—			(161.9	)		(4.0	)		(165.9	)
Operating earnings (loss)	$	253.5		$	270.0		$	196.1		$	40.4		$	—		$	760.0		$	(187.1	)	$	572.9
Other segment data:
Total assets	$	4,131.6		$	2,055.6		$	2,892.7		$	183.0		$	—		$	9,262.9		$	833.2		$	10,096.1
Capital expenditures		39.0			39.0			87.2			8.4			—			173.6			37.4			211.0
	2012
(in millions)	Branded Consumables			Consumer Solutions			Outdoor Solutions			Process Solutions			Intercompany Eliminations			Total Operating Segments			Corporate/ Unallocated			Consolidated
Net sales	$	1,753.1		$	1,940.9		$	2,692.9		$	377.1		$	(67.9	)	$	6,696.1		$	—		$	6,696.1
Segment earnings (loss)		259.2			285.9			325.2			47.1			—			917.4			(103.6	)		813.8
Adjustments to reconcile to reported operating earnings (loss):
Fair market value adjustment to inventory		—			(3.2	)		(2.8	)		—			—			(6.0	)		—			(6.0	)
Restructuring costs		(0.4	)		(14.1	)		(12.6	)		—			—			(27.1	)		—			(27.1	)
Acquisition-related and other costs, net		(3.8	)		(1.6	)		(3.9	)		—			—			(9.3	)		(8.2	)		(17.5	)
Other (d)		—			—			—			—			—			—			(33.6	)		(33.6	)
Depreciation and amortization		(46.0	)		(34.7	)		(55.2	)		(13.5	)		—			(149.4	)		(3.4	)		(152.8	)
Operating earnings (loss)	$	209.0		$	232.3		$	250.7		$	33.6		$	—		$	725.6		$	(148.8	)	$	576.8
Other segment data:
Capital expenditures	$	30.9		$	53.6		$	55.0		$	9.9		$	—		$	149.4		$	5.1		$	154.5

(a) Consolidated amount includes a gain of $38.7 on the sale of an Asian manufacturing facility recorded in the Consumer Solutions segment.

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

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

(d) 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).

Geographic Information

Geographic information as of and for the years ended December 31, 2014, 2013 and 2012 is as follows:

(in millions)	Domestic		International		Total
2014
Net sales	$	5,085.2	$	3,201.9	$	8,287.1
Property, plant and equipment, net		516.0		333.9		849.9
2013
Net sales	$	4,482.7	$	2,873.2	$	7,355.9
Property, plant and equipment, net		464.7		387.9		852.6
2012
Net sales	$	4,078.5	$	2,617.6	$	6,696.1