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Segment Reporting
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
SEGMENT REPORTING
15.    SEGMENT REPORTING
As disclosed in Note 19 to the Company's consolidated financial statements for the year ended December 31, 2020, the Company has determined there are five reportable segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other.
The Company evaluates segment performance based on Segment Profit (gross profit less research and development and selling, general and administrative expenses, before amortization, interest expense, restructuring charges, other charges (income), net and taxes).
The following tables show the operations of the Company’s operating segments:
Net Sales toNet Sales toAs of September 30,
For the three months endedExternalOtherTotal NetSegment2021
September 30, 2021CustomersSegmentsSalesProfitGoodwill
U.S. Operations$336,708 $36,895 $373,603 $72,638 $508,942 
Swiss Operations41,850 208,411 250,261 78,454 23,319 
Western European Operations198,632 52,259 250,891 40,288 91,228 
Chinese Operations210,460 79,001 289,461 108,636 696 
Other (a)164,300 835 165,135 24,381 14,999 
Eliminations and Corporate (b)— (377,401)(377,401)(51,587)— 
Total$951,950 $— $951,950 $272,810 $639,184 

Net Sales toNet Sales to
For the nine months endedExternalOtherTotal NetSegment
September 30, 2021CustomersSegmentsSalesProfit
U.S. Operations$931,977 $112,186 $1,044,163 $215,581 
Swiss Operations121,967 594,057 716,024 212,849 
Western European Operations592,704 160,386 753,090 116,630 
Chinese Operations572,055 220,608 792,663 275,323 
Other (a)461,988 3,207 465,195 65,967 
Eliminations and Corporate (b)— (1,090,444)(1,090,444)(147,612)
Total$2,680,691 $— $2,680,691 $738,738 

(a)Other includes reporting units in Eastern Europe, Latin America, Southeast Asia and other countries.
(b)Eliminations and Corporate includes the elimination of inter-segment transactions and certain corporate expenses and intercompany investments, which are not included in the Company’s operating segments.
Net Sales toNet Sales toAs of September 30,
For the three months endedExternalOtherTotal NetSegment2020
September 30, 2020CustomersSegmentsSalesProfitGoodwill
U.S. Operations$278,948 $30,857 $309,805 $65,493 $414,370 
Swiss Operations38,848 167,335 206,183 61,902 23,353 
Western European Operations177,630 42,130 219,760 36,954 88,292 
Chinese Operations165,231 54,314 219,545 81,055 651 
Other (a)146,700 1,509 148,209 23,554 15,056 
Eliminations and Corporate (b)— (296,145)(296,145)(38,980)— 
Total$807,357 $— $807,357 $229,978 $541,722 
Net Sales toNet Sales to
For the nine months endedExternalOtherTotal NetSegment
September 30, 2020CustomersSegmentsSalesProfit
U.S. Operations$769,696 $84,761 $854,457 $163,012 
Swiss Operations99,693 462,671 562,364 164,060 
Western European Operations480,006 123,543 603,549 91,406 
Chinese Operations406,738 148,794 555,532 190,560 
Other (a)391,059 3,281 394,340 47,702 
Eliminations and Corporate (b)— (823,050)(823,050)(108,841)
Total$2,147,192 $— $2,147,192 $547,899 

(a)Other includes reporting units in Eastern Europe, Latin America, Southeast Asia and other countries.
(b)Eliminations and Corporate includes the elimination of inter-segment transactions and certain corporate expenses and intercompany investments, which are not included in the Company’s operating segments.
    A reconciliation of earnings before taxes to segment profit for the three and nine month periods ended September 30 follows:
 Three Months EndedNine Months Ended
 2021202020212020
Earnings before taxes$247,587 $205,809 $663,385 $479,563 
Amortization16,039 14,121 46,141 42,008 
Interest expense11,791 9,310 31,701 29,111 
Restructuring charges650 4,570 2,719 7,335 
Other income, net(3,257)(3,832)(5,208)(10,118)
Segment profit$272,810 $229,978 $738,738 $547,899 

During the three months ended September 30, 2021, restructuring charges of $0.7 million were recognized, of which $0.3 million, $0.1 million, and $0.3 million, related to the Company’s U.S., Swiss, and Western European Operations, respectively. Restructuring charges of $4.6 million were recognized during the three months ended September 30, 2020, of which $2.3 million, $0.1 million, $1.8 million, and $0.4 million related to the Company’s U.S., Swiss, Western European, and Other Operations, respectively. Restructuring charges of $2.7 million were recognized during the nine months ended September 30, 2021, of which $0.7 million, $0.4 million, $1.3 million, and $0.3 million related to the Company’s U.S., Swiss, Western European, and Other Operations, respectively. Restructuring charges of $7.3 million were recognized during the nine months ended September 30, 2020, of which $2.9 million, $0.8 million, $2.9 million, $0.1 million, and $0.6 million and related to the Company’s U.S., Swiss, Western European, Chinese, and Other Operations, respectively.