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Business Segment Information (Tables) | 6 Months Ended
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May 28, 2023
Segment Reporting [Abstract] |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | Business segment information for the Company is as follows:
| Three Months Ended |  | Six Months Ended
| May 28, 2023 |  | May 29, 2022 |  | May 28, 2023 |  | May 29, 2022
| (Dollars in millions)
Net revenues: |  |  |  |  |  |  |
Americas | $ | 608.9 |  |  | $ | 776.1 |  |  | $ | 1,431.9 |  |  | $ | 1,541.9 |
Europe | 361.3 |  |  | 367.1 |  |  | 816.4 |  |  | 836.5 |
Asia | 261.7 |  |  | 221.8 |  |  | 551.2 |  |  | 480.3 |
Total segment net revenues | 1,231.9 |  |  | 1,365.0 |  |  | 2,799.5 |  |  | 2,858.7 |
Other Brands | 104.9 |  |  | 106.1 |  |  | 226.2 |  |  | 204.0 |
Total net revenues | $ | 1,336.8 |  |  | $ | 1,471.1 |  |  | $ | 3,025.7 |  |  | $ | 3,062.7 |
Income before income taxes: |  |  |  |  |  |  |
Americas | $ | 53.2 |  |  | $ | 158.7 |  |  | $ | 187.7 |  |  | $ | 336.5 |
Europe | 54.8 |  |  | 66.6 |  |  | 172.3 |  |  | 203.4 |
Asia | 32.1 |  |  | 19.1 |  |  | 85.8 |  |  | 62.7 |
Total segment operating income | 140.1 |  |  | 244.4 |  |  | 445.8 |  |  | 602.6 |
Other Brands | (2.0) |  |  | 4.0 |  |  | 1.4 |  |  | 13.6 |
Restructuring charges, net | (6.5) |  |  | (0.2) |  |  | (17.8) |  |  | 1.8 |
Corporate expenses | (121.7) |  |  | (172.0) |  |  | (262.1) |  |  | (307.6) |
Interest expense | (13.2) |  |  | (4.4) |  |  | (23.9) |  |  | (8.6) |
Other (expense) income, net | (3.9) |  |  | 6.0 |  |  | (11.4) |  |  | 21.9 |
Income before income taxes | $ | (7.2) |  |  | $ | 77.8 |  |  | $ | 132.0 |  |  | $ | 323.7 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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