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BUSINESS SEGMENT INFORMATION
3 Months Ended
Jan. 31, 2019
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION
BUSINESS SEGMENT INFORMATION
The Company has eight operating segments, which are aggregated into four reportable business segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management.
The Company’s reportable business segments offer different products and services. The accounting policies of the reportable business segments are substantially the same as those described in the “Basis of Presentation and Summary of Significant Accounting Policies” note in the 2018 Form 10-K.
The following table presents net sales disaggregated by geographic area for each reportable segment for the three months ended January 31, 2019:
(in millions)
United States
 
Europe, Middle East and Africa
 
Asia Pacific and Other Americas
 
Total
Rigid Industrial Packaging & Services
$
225.4

 
$
251.9

 
$
120.6

 
$
597.9

Paper Packaging & Services
217.3

 

 

 
217.3

Flexible Products & Services
8.2

 
59.2

 
7.7

 
75.1

Land Management
6.7

 

 

 
6.7

Total net sales
$
457.6

 
$
311.1

 
$
128.3

 
$
897.0


The following table presents net sales disaggregated by geographic area for each reportable segment for the three months ended January 31, 2018:
(in millions)
United States
 
Europe, Middle East and Africa
 
Asia Pacific and Other Americas
 
Total
Rigid Industrial Packaging & Services
$
214.5

 
$
266.3

 
$
134.6

 
$
615.4

Paper Packaging & Services
203.8

 

 

 
203.8

Flexible Products & Services
8.1

 
64.8

 
7.1

 
80.0

Land Management
6.5

 

 

 
6.5

Total net sales
$
432.9

 
$
331.1

 
$
141.7

 
$
905.7





The following segment information is presented for the periods indicated:
 
Three Months Ended
January 31,
(in millions)
2019
 
2018
Operating profit:
 
 
 
Rigid Industrial Packaging & Services
$
23.3

 
$
31.2

Paper Packaging & Services
35.3

 
27.9

Flexible Products & Services
6.0

 
3.2

Land Management
2.6

 
3.2

Total operating profit
$
67.2

 
$
65.5

 
 
 
 
Depreciation, depletion and amortization expense:
 
 
 
Rigid Industrial Packaging & Services
$
19.7

 
$
20.6

Paper Packaging & Services
8.8

 
8.3

Flexible Products & Services
1.7

 
1.8

Land Management
1.1

 
1.0

Total depreciation, depletion and amortization expense
$
31.3

 
$
31.7


The following table presents total assets by segment and total properties, plants and equipment, net by geographic area:
(in millions)
January 31,
2019
 
October 31,
2018
Assets:
 
 
 
Rigid Industrial Packaging & Services
$
2,067.3

 
$
1,963.0

Paper Packaging & Services
486.0

 
474.3

Flexible Products & Services
159.7

 
153.9

Land Management
347.4

 
347.2

Total segments
3,060.4

 
2,938.4

Corporate and other
239.8

 
256.4

Total assets
$
3,300.2

 
$
3,194.8

 
 
 
 
Properties, plants and equipment, net:
 
 
 
United States
$
789.7

 
$
796.3

Europe, Middle East and Africa
275.6

 
276.9

Asia Pacific and other Americas
117.8

 
118.7

Total properties, plants and equipment, net
$
1,183.1

 
$
1,191.9