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Segments | 12 Months Ended
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Dec. 31, 2013
Segment Reporting [Abstract] |
Segments | Note 5 Segments Our segment reporting corresponds with management’s current approach of allocating resources and assessing the performance of our segments. Our segments are aligned with groups of similar products. In 2013, we renamed our global business divisions under our segment reporting structure, which did not have any impact to the reportable segment results. The following are the changes to the names of our three global business divisions:
| • |  | Food Care, which was previously named Food & Beverage;
| • |  | Diversey Care, which was previously named Institutional & Laundry; and
| • |  | Product Care, which was previously named Protective Packaging.
The following tables show net sales, depreciation and amortization and operating profit (loss) by our segment reporting structure:
|  | 2013 |  |  | 2012 |  |  | 2011 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |
Food Care |  | $ | 3,811.1 |  |  | $ | 3,739.6 |  |  | $ | 3,240.6 |
Diversey Care |  |  | 2,160.4 |  |  |  | 2,131.5 |  |  |  | 534.0 |
Product Care |  |  | 1,608.0 |  |  |  | 1,578.4 |  |  |  | 1,594.4 |
Other Category |  |  | 111.3 |  |  |  | 109.7 |  |  |  | 98.3 |
Total |  | $ | 7,690.8 |  |  | $ | 7,559.2 |  |  | $ | 5,467.3 |
Depreciation and amortization(1) |  |  |  |  |  |  |  |  |  |  |  |
Food Care |  | $ | 127.2 |  |  | $ | 142.2 |  |  | $ | 122.2 |
Diversey Care |  |  | 129.8 |  |  |  | 127.3 |  |  |  | 35.1 |
Product Care |  |  | 39.1 |  |  |  | 38.3 |  |  |  | 44.1 |
Other Category |  |  | 11.4 |  |  |  | 9.3 |  |  |  | 6.9 |
Total |  | $ | 307.5 |  |  | $ | 317.1 |  |  | $ | 208.3 |
Operating profit (loss) |  |  |  |  |  |  |  |  |  |  |  |
Food Care |  | $ | 431.4 |  |  | $ | (170.9 | ) |  | $ | 371.2 |
Diversey Care |  |  | 57.9 |  |  |  | (1,278.4 | ) |  |  | (14.8 | )
Product Care |  |  | 200.4 |  |  |  | 207.5 |  |  |  | 201.7 |
Other Category |  |  | (12.7 | ) |  |  | (36.0 | ) |  |  | (20.3 | )
Total segments and other |  |  | 677.0 |  |  |  | (1,277.8 | ) |  |  | 537.8 |
Costs related to the acquisition and integration of Diversey |  |  | 1.1 |  |  |  | 7.4 |  |  |  | 64.8 |
Restructuring and other charges(2) |  |  | 73.8 |  |  |  | 142.5 |  |  |  | 52.2 |
Total |  | $ | 602.1 |  |  | $ | (1,427.7 | ) |  | $ | 420.8 |
(1) | Includes depreciation and amortization of $283.4 million, $300.2 million and $182.7 million in the years ended December 31, 2013, 2012 and 2011, and amortization of share-based incentive compensation expense of $24.1 million, $16.9 million and $25.0 million in years ended December 31, 2013, 2012 and 2011.
(2) | Restructuring and other charges by our segment reporting structure were as follows:
|  | 2013 |  |  | 2012 |  |  | 2011 |
Food Care |  | $ | 25.1 |  |  | $ | 72.0 |  |  | $ | 13.1 |
Diversey Care |  |  | 32.2 |  |  |  | 53.1 |  |  |  | 39.5 |
Product Care |  |  | 16.4 |  |  |  | 16.7 |  |  |  | (0.4 | )
Other Category |  |  | 0.1 |  |  |  | 0.7 |  |  |  | — |
Total |  | $ | 73.8 |  |  | $ | 142.5 |  |  | $ | 52.2 |
The restructuring and other charges in 2013 primarily relate to our previously announced Earnings Quality Improvement Program (EQIP). The restructuring and other charges in 2011 and 2012 primarily relate to the Integration and Optimization Program. See Note 10, “Restructuring Activities,” for further discussion. Assets by Reportable Segments The following table shows assets allocated by our segment reporting structure. Only assets which are identifiable by segment and reviewed by our chief operating decision maker by segment are allocated to the reportable segment assets, which are trade receivables, net, and finished goods inventories, net. All other assets are included in “Assets not allocated.”
|  | December 31, 2013 |  |  | December 31, 2012 |
Assets: |  |  |  |  |  |  |  |
Trade receivables, net, and finished goods inventories, net |  |  |  |  |  |  |  |
Food Care |  | $ | 768.5 |  |  | $ | 811.9 |
Diversey Care |  |  | 543.0 |  |  |  | 587.8 |
Product Care |  |  | 310.1 |  |  |  | 331.3 |
Other Category |  |  | 19.3 |  |  |  | 22.0 |
Total segments and other |  |  | 1,640.9 |  |  |  | 1,753.0 |
Assets not allocated |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 992.4 |  |  |  | 679.6 |
Property and equipment, net |  |  | 1,134.5 |  |  |  | 1,194.2 |
Goodwill |  |  | 3,114.6 |  |  |  | 3,151.2 |
Intangibles, net |  |  | 1,016.9 |  |  |  | 1,131.6 |
Assets held for sale |  |  | — |  |  |  | 87.3 |
Other |  |  | 1,234.9 |  |  |  | 1,334.8 |
Total |  | $ | 9,134.2 |  |  | $ | 9,331.7 |
Allocation of Goodwill and Identifiable Intangible Assets to Reportable Segments Our management views goodwill and identifiable intangible assets as corporate assets, so we do not allocate their balances to the reportable segments. However, we are required to allocate their balances to each reporting unit to perform our annual impairment review, which we do during the fourth quarter of the year. See Note 8, “Goodwill and Identifiable Intangible Assets,” for the allocation of goodwill and identifiable intangible assets and the changes in their balances in the year ended December 31, 2013 by our segment reporting structure, and the details of our impairment review. Geographic Information
|  | 2013 |  |  | 2012 |  |  | 2011 |
Net sales(1): |  |  |  |  |  |  |  |  |  |  |  |
United States |  |  | 2,729.7 |  |  |  | 2,684.7 |  |  |  | 2,279.6 |
Canada |  |  | 277.2 |  |  |  | 267.7 |  |  |  | 172.6 |
Europe |  |  | 2,447.8 |  |  |  | 2,416.5 |  |  |  | 1,581.9 |
Latin America |  |  | 824.3 |  |  |  | 799.7 |  |  |  | 545.7 |
AMAT |  |  | 846.8 |  |  |  | 794.4 |  |  |  | 346.0 |
JANZ |  |  | 565.0 |  |  |  | 596.2 |  |  |  | 541.5 |
Total |  |  | 7,690.8 |  |  |  | 7,559.2 |  |  |  | 5,467.3 |
Total long-lived assets(1)(2): |  |  |  |  |  |  |  |  |  |  |  |
United States |  |  | 2,918.0 |  |  |  | 2,985.0 |  |  |  | 4,536.3 |
Canada |  |  | 93.0 |  |  |  | 105.8 |  |  |  | 48.0 |
Europe |  |  | 1,591.5 |  |  |  | 1,643.2 |  |  |  | 1,945.3 |
Latin America |  |  | 233.6 |  |  |  | 259.8 |  |  |  | 385.4 |
AMAT |  |  | 650.0 |  |  |  | 699.8 |  |  |  | 815.8 |
JANZ |  |  | 167.3 |  |  |  | 198.5 |  |  |  | 169.9 |
Total |  |  | 5,653.4 |  |  |  | 5,892.1 |  |  |  | 7,900.7 |
(1) | Net sales attributed to the geographic areas represent net sales to external customers. No non-U.S. country had net sales in excess of 10% of consolidated net sales or long-lived assets in excess of 10% of consolidated long-lived assets at December 31, 2013 and 2012.
(2) | Total long-lived assets are total assets excluding total current assets and deferred tax assets.

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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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: 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=6534315&loc=d3e9038-108599 Reference 9: 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=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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