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Business Segment Information (Tables) | 12 Months Ended
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Oct. 31, 2015
Segment Reporting [Abstract] |
Summary of Business Segment Net Sales | The following table presents a summary of our business segment net sales:
(In millions) | 2015 |  | 2014 |  | 2013
CooperVision net sales by category: |  |  |  |  |
Toric lens | $ | 440.1 |  |  | $ | 428.6 |  |  | $ | 388.1 |
Multifocal lens | 162.1 |  |  | 147.0 |  |  | 121.7 |
Single-use sphere lens | 357.2 |  |  | 306.6 |  |  | 271.0 |
Non single-use sphere and other eye care products and other | 528.4 |  |  | 510.4 |  |  | 487.5 |
Total CooperVision net sales | 1,487.8 |  |  | 1,392.6 |  |  | 1,268.3 |
CooperSurgical net sales | 309.3 |  |  | 325.2 |  |  | 319.4 |
Total net sales | $ | 1,797.1 |  |  | $ | 1,717.8 |  |  | $ | 1,587.7 |
Schedule of Segment Information | Information by business segment for each of the years in the three-year period ended October 31, 2015, follows:
(In millions) | CooperVision |  | CooperSurgical |  | Corporate |  | Consolidated
2015 |  |  |  |  |  |  |
Net sales | $ | 1,487.8 |  |  | $ | 309.3 |  |  | $ | — |  |  | $ | 1,797.1 |
Operating income (loss) | $ | 229.8 |  |  | $ | 56.1 |  |  | $ | (49.2 | ) |  | $ | 236.7 |
Other expense, net |  |  |  |  |  |  | 3.1 |
Interest expense |  |  |  |  |  |  | 18.1 |
Income before income taxes |  |  |  |  |  |  | $ | 215.5 |
Identifiable assets | $ | 3,714.6 |  |  | $ | 674.8 |  |  | $ | 71.2 |  |  | $ | 4,460.6 |
Depreciation expense | $ | 134.0 |  |  | $ | 5.6 |  |  | $ | 0.3 |  |  | $ | 139.9 |
Amortization expense | $ | 36.6 |  |  | $ | 14.9 |  |  | $ | — |  |  | $ | 51.5 |
Capital expenditures | $ | 238.3 |  |  | $ | 4.6 |  |  | $ | 0.1 |  |  | $ | 243.0 |
2014 |  |  |  |  |  |  |
Net sales | $ | 1,392.6 |  |  | $ | 325.2 |  |  | $ | — |  |  | $ | 1,717.8 |
Operating income (loss) | $ | 289.0 |  |  | $ | 69.0 |  |  | $ | (51.5 | ) |  | $ | 306.5 |
Other expense, net |  |  |  |  |  |  | 2.0 |
Interest expense |  |  |  |  |  |  | 8.0 |
Income before income taxes |  |  |  |  |  |  | $ | 296.5 |
Identifiable assets | $ | 3,699.6 |  |  | $ | 646.2 |  |  | $ | 112.5 |  |  | $ | 4,458.3 |
Depreciation expense | $ | 95.5 |  |  | $ | 6.5 |  |  | $ | 0.5 |  |  | $ | 102.5 |
Amortization expense | $ | 22.7 |  |  | $ | 13.0 |  |  | $ | — |  |  | $ | 35.7 |
Capital expenditures | $ | 233.6 |  |  | $ | 4.2 |  |  | $ | 0.3 |  |  | $ | 238.1 |
2013 |  |  |  |  |  |  |
Net sales | $ | 1,268.3 |  |  | $ | 319.4 |  |  | $ | — |  |  | $ | 1,587.7 |
Operating income (loss) | $ | 289.3 |  |  | $ | 60.6 |  |  | $ | (44.0 | ) |  | $ | 305.9 |
Other income, net |  |  |  |  |  |  | 1.4 |
Interest expense |  |  |  |  |  |  | 9.2 |
Gain on insurance proceeds |  |  |  |  |  |  | 14.1 |
Income before income taxes |  |  |  |  |  |  | $ | 312.3 |
Identifiable assets | $ | 2,376.0 |  |  | $ | 632.8 |  |  | $ | 128.5 |  |  | $ | 3,137.3 |
Depreciation expense | $ | 88.4 |  |  | $ | 6.3 |  |  | $ | 0.4 |  |  | $ | 95.1 |
Amortization expense | $ | 16.7 |  |  | $ | 13.5 |  |  | $ | — |  |  | $ | 30.2 |
Capital expenditures | $ | 170.7 |  |  | $ | 6.9 |  |  | $ | 0.5 |  |  | $ | 178.1 |
Schedule of Information by Geographical Area by Country of Domicile | Information by geographical area by country of domicile for each of the years in the three-year period ended October 31, 2015, follows:
(In millions) | United States |  | Europe |  | Rest of World, Other Eliminations & Corporate |  | Consolidated
2015 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 811.9 |  |  | $ | 647.3 |  |  | $ | 337.9 |  |  | $ | 1,797.1 |
Sales between geographic areas | 250.0 |  |  | 493.1 |  |  | (743.1 | ) |  | — |
Net sales | $ | 1,061.9 |  |  | $ | 1,140.4 |  |  | $ | (405.2 | ) |  | $ | 1,797.1 |
Operating income (loss) | $ | 30.7 |  |  | $ | (37.6 | ) |  | $ | 243.6 |  |  | $ | 236.7 |
Long-lived assets | $ | 494.2 |  |  | $ | 407.9 |  |  | $ | 65.0 |  |  | $ | 967.1 |
2014 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 773.8 |  |  | $ | 582.4 |  |  | $ | 361.6 |  |  | $ | 1,717.8 |
Sales between geographic areas | 230.6 |  |  | 346.0 |  |  | (576.6 | ) |  | — |
Net sales | $ | 1,004.4 |  |  | $ | 928.4 |  |  | $ | (215.0 | ) |  | $ | 1,717.8 |
Operating income (loss) | $ | 47.8 |  |  | $ | (10.3 | ) |  | $ | 269.0 |  |  | $ | 306.5 |
Long-lived assets | $ | 499.2 |  |  | $ | 406.4 |  |  | $ | 31.7 |  |  | $ | 937.3 |
2013 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 742.2 |  |  | $ | 479.1 |  |  | $ | 366.4 |  |  | $ | 1,587.7 |
Sales between geographic areas | 230.4 |  |  | 326.3 |  |  | (556.7 | ) |  | — |
Net sales | $ | 972.6 |  |  | $ | 805.4 |  |  | $ | (190.3 | ) |  | $ | 1,587.7 |
Operating income | $ | 49.7 |  |  | $ | (5.4 | ) |  | $ | 261.6 |  |  | $ | 305.9 |
Long-lived assets | $ | 427.6 |  |  | $ | 297.2 |  |  | $ | 15.1 |  |  | $ | 739.9 |

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 + Details
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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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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