XML 48 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1

Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Sales Information By Reportable Segments

Segment results for the three and six months ended June 30, 2018 and 2017 and assets as of June 30, 2018 and December 31, 2017 based on the Company’s reportable segments are as follows (in millions):

Three Months Ended June 30,		North America				South America				Europe/ Middle East				Asia/ Pacific/Africa				Consolidated
2018
Net sales		$	600.5			$	219.6			$	1,545.2			$	172.3			$	2,537.6
Income (loss) from operations		37.6				(16.7		)		208.5				4.6				234.0
Depreciation		16.8				7.3				28.4				3.4				55.9
Capital expenditures		10.1				7.3				24.3				2.0				43.7
2017
Net sales		$	478.8			$	251.9			$	1,269.5			$	165.0			$	2,165.2
Income from operations		23.6				2.8				170.3				5.7				202.4
Depreciation		15.7				7.9				28.0				3.0				54.6
Capital expenditures		9.1				8.4				15.5				2.2				35.2

Six Months Ended June 30,		North America				South America				Europe/ Middle East				Asia/ Pacific/Africa				Consolidated
2018
Net sales		$	1,103.4			$	401.7			$	2,708.9			$	331.1			$	4,545.1
Income (loss) from operations		64.4				(33.3		)		307.5				9.3				347.9
Depreciation		34.0				15.3				58.4				7.4				115.1
Capital expenditures		22.2				14.2				49.4				4.0				89.8
2017
Net sales		$	861.4			$	474.1			$	2,162.0			$	295.3			$	3,792.8
Income from operations		26.6				5.2				233.8				7.8				273.4
Depreciation		29.9				14.7				56.7				7.6				108.9
Capital expenditures		31.1				20.1				36.5				4.6				92.3
Assets
As of June 30, 2018		$	1,145.2			$	706.0			$	2,218.6			$	517.7			$	4,587.5
As of December 31, 2017		$	1,064.1			$	752.1			$	2,074.4			$	499.4			$	4,390.0

Reconciliation of Income From Operations from Segment to Consolidated

A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):

	Three Months Ended June 30,								Six Months Ended June 30,
	2018				2017				2018				2017
Segment income from operations	$	234.0			$	202.4			$	347.9			$	273.4
Corporate expenses	(32.5		)		(30.1		)		(65.9		)		(55.5		)
Stock compensation expense	(12.5		)		(9.8		)		(20.9		)		(21.2		)
Restructuring expenses	(2.7		)		(0.4		)		(8.6		)		(5.5		)
Amortization of intangibles	(18.2		)		(13.8		)		(33.9		)		(27.2		)
Consolidated income from operations	$	168.1			$	148.3			$	218.6			$	164.0

Reconciliation of Assets from Segment to Consolidated

	June 30, 2018				December 31, 2017
Segment assets	$	4,587.5			$	4,390.0
Cash and cash equivalents	280.6				367.7
Investments in affiliates	411.2				409.0
Deferred tax assets, other current and noncurrent assets	633.0				614.6
Intangible assets, net	608.1				649.0
Goodwill	1,503.7				1,541.4
Consolidated total assets	$	8,024.1			$	7,971.7

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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 http://asc.fasb.org/extlink&oid=115929826&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 http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration