SEGMENT DATA

The Company manages and reports its business in the following three segments: Industrial, Widia and Infrastructure. The Company's reportable operating segments have been determined in accordance with the Company's internal management structure, which is organized based on operating activities, the manner in which we organize segments for making operating decisions and assessing performance and the availability of separate financial results. We do not allocate certain corporate expenses related to executive retirement plans, the Company’s Board of Directors and strategic initiatives, as well as certain other costs and report them in Corporate. None of our reportable operating segments represent the aggregation of two or more operating segments.

Sales to a single customer did not aggregate to 4 percent or more of total sales in 2019, 2018 and 2017. Export sales from U.S. operations to unaffiliated customers were $67.8 million, $72.4 million and $58.6 million in 2019, 2018 and 2017, respectively.

INDUSTRIAL The Industrial segment develops and manufactures high performance tooling and metalworking products and services for diverse end markets, including aerospace and defense, general engineering, energy and transportation. These products include milling, hole making, turning, threading and toolmaking systems used in the manufacture of airframes, aero engines, trucks and automobiles, ships and various types of industrial equipment. We leverage advanced manufacturing capabilities in combination with varying levels of customization to solve our customers’ toughest challenges and deliver improved productivity for a wide range of applications. Industrial goes to market under the Kennametal^® brand through its direct sales force, a network of independent and national distributors, integrated supplier channels and via the Internet. Application engineers and technicians are critical to the sales process and directly assist our customers with specified product design, selection, application and support.

WIDIA Widia offers an assortment of standard and custom metal cutting solutions to general engineering, aerospace, energy and transportation customers. We serve our customers primarily through a network of value added resellers, integrated supplier channels and via the internet. Widia markets its products under the WIDIA^®, WIDIA Hanita^® and WIDIA GTD^® brands.

INFRASTRUCTURE Our Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, primarily for the energy, earthworks and general engineering end markets. These wear-resistant products include compacts, nozzles, frac seats and custom components used in oil & gas and petrochemical industries; rod blanks and abrasive water jet nozzles for general industries; earth cutting tools and systems used in underground mining, trenching and foundation drilling and road milling; tungsten carbide and specialty alloy powders for the oil and gas, aerospace and process industries; and ceramics used by the packaging industry for metallization of films and papers. We combine deep metallurgical and engineering expertise with advanced manufacturing capabilities to deliver solutions that drive improved productivity for our customers. Infrastructure markets its products primarily under the Kennametal^® brand and sells through a direct sales force as well as through distributors.

Segment data is summarized as follows:



(in thousands)	2019			2018			2017
Sales:
Industrial	$	1,274,499		$	1,292,098		$	1,126,309
Widia	197,522			198,568			177,662
Infrastructure	903,213			877,187			754,397
Total sales	$	2,375,234		$	2,367,853		$	2,058,368

Operating income (loss):
Industrial	$	220,696		$	176,978		$	73,053
Widia	2,882			2,919			(6,800		)
Infrastructure	108,480			112,998			28,063
Corporate	(3,208		)	(2,596		)	436
Total operating income	$	328,850		$	290,299		$	94,752

Interest expense	$	32,994		$	30,081		$	28,842
Other income, net	(15,379		)	(14,823		)	(15,965		)
Income from continuing operations before income taxes	$	311,235		$	275,041		$	81,875

Depreciation and amortization:
Industrial	$	58,373		$	57,261		$	54,269
Widia	9,390			9,483			10,728
Infrastructure	44,284			41,916			42,596
Corporate	5			20			63
Total depreciation and amortization	$	112,052		$	108,680		$	107,656

Total assets:
Industrial	$	1,245,624		$	1,169,610		$	1,103,686
Widia	216,633			193,971			191,626
Infrastructure	883,566			864,402			813,747
Corporate	310,446			697,754			306,437
Total assets	$	2,656,269		$	2,925,737		$	2,415,496

Capital expenditures:
Industrial	$	145,485		$	112,124		$	70,281
Widia	22,162			17,445			17,853
Infrastructure	44,696			41,435			29,884
Total capital expenditures	$	212,343		$	171,004		$	118,018

Geographic information for sales, based on country where the sale originated, and long-lived assets is as follows:



(in thousands)	2019		2018		2017
Sales:
United States	$	1,014,189	$	970,003	$	868,466
Germany	314,035		331,893		282,347
China	247,858		271,343		220,561
India	113,287		102,120		84,769
Canada	108,261		102,139		85,488
Italy	68,585		69,049		59,967
France	59,899		62,982		56,231
United Kingdom	44,384		45,714		39,731
Other⁽⁴⁾	404,736		412,610		360,808
Total sales	$	2,375,234	$	2,367,853	$	2,058,368

Total long-lived assets:
United States	$	525,713	$	456,678	$	423,543
Germany	201,714		188,673		157,323
China	78,410		67,462		60,908
India	44,643		31,984		28,569
Israel	24,042		25,831		26,627
Canada	20,435		19,396		19,576
Other	39,938		34,189		34,822
Total long-lived assets⁽⁵⁾	$	934,895	$	824,213	$	751,368

⁽⁴⁾ Other consists of sales from 27 countries, none of which individually exceed 2 percent of total sales.

⁽⁵⁾Total long-lived assets as of June 30, 2019 and 2018 include property, plant and equipment, net of $934.9 million and $824.2 million, respectively. Total long-lived assets as of June 30, 2017 include property, plant and equipment, net of $744.4 million and assets held for sale of $7.0 million.

The following table presents Kennametal's revenue disaggregated by segment by geography:



	Industrial			Widia			Infrastructure			Total Kennametal
	2019	2018	2017	2019	2018	2017	2019	2018	2017	2019	2018	2017
Americas	40%	38%	39%	45%	46%	49%	66%	65%	65%	50%	49%	49%
EMEA	40	41	41	26	25	24	16	16	17	30	31	31
Asia Pacific	20	21	20	29	29	27	18	19	18	20	20	20

The following table presents Kennametal's revenue disaggregated by segment by end market:



	Industrial			Widia			Infrastructure			Total Kennametal
	2019	2018	2017	2019	2018	2017	2019	2018	2017	2019	2018	2017
General Engineering	44%	43%	43%	100%	100%	100%	34%	31%	28%	45%	41%	39%
Transportation	34	36	36	—	—	—	—	—	—	18	20	20
Aerospace and Defense	13	12	12	—	—	—	—	—	—	7	8	8
Energy	9	9	9	—	—	—	33	33	33	17	17	18
Earthworks	—	—	—	—	—	—	33	36	39	13	14	15