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11. Segment Information Segment Reporting | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | SEGMENT INFORMATION Information regarding operating segments for the three months ended June 30, 2020 and 2019 is as follows (in millions):
|  | Life Science |  | Clinical Diagnostics |  | Other Operations
Segment net sales | 2020 | $ | 252.1 |  |  | $ | 283.2 |  |  | $ | 1.6 |
| 2019 | $ | 212.4 |  |  | $ | 357.1 |  |  | $ | 3.1 |
Segment net profit (loss) | 2020 | $ | 32.7 |  |  | $ | 16.6 |  |  | $ | (0.1) |
| 2019 | $ | 11.4 |  |  | $ | 42.4 |  |  | $ | (0.5) |
Information regarding operating segments for the six months ended June 30, 2020 and 2019 is as follows (in millions):
|  | Life Science |  | Clinical Diagnostics |  | Other Operations
Segment net sales | 2020 | $ | 479.2 |  |  | $ | 623.4 |  |  | $ | 5.9 |
| 2019 | $ | 428.1 |  |  | $ | 691.1 |  |  | $ | 7.4 |
Segment net profit (loss) | 2020 | $ | 58.0 |  |  | $ | 62.8 |  |  | $ | 0.7 |
| 2019 | $ | 34.3 |  |  | $ | 73.2 |  |  | $ | (0.6) |
Segment results are presented in the same manner as we present our operations internally to make operating decisions and assess performance. Net corporate operating and other expense for segment results consists of receipts and expenditures that are not the primary responsibility of segment operating management and therefore are not allocated to the segments for performance assessment by our chief operating decision maker. Interest expense is charged to segments based on the carrying amount of inventory and receivables employed by that segment. The following reconciles total segment profit to consolidated income before income taxes (in millions):
| Three Months Ended |  |  |  | Six Months Ended |  |
| June 30, |  |  |  | June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Total segment profit | $ | 49.2 |  |  | $ | 53.3 |  |  | $ | 121.5 |  |  | $ | 106.9 |
Foreign currency exchange losses, net | (0.8) |  |  | (1.2) |  |  | (1.7) |  |  | (2.5) |
Net corporate operating and other expense not allocated to segments | (3.2) |  |  | (2.8) |  |  | (6.9) |  |  | (5.7) |
Change in fair market value of equity securities | 1,183.5 |  |  | 716.4 |  |  | 2,011.2 |  |  | 1,775.6 |
Other income (expense), net | 17.2 |  |  | 3.9 |  |  | 20.5 |  |  | 22.6 |
Consolidated income before income taxes | $ | 1,245.9 |  |  | $ | 769.6 |  |  | $ | 2,144.6 |  |  | $ | 1,896.9 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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