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v3.19.3

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
Summary of Financial Information Concerning Reportable Segments | Summarized financial information concerning our reportable segments is shown in the following tables. Due to the July 2018 sale of LifeWorks discussed in Note D, the results of Ceridian for the three and nine months ended September 30, 2018 have been adjusted to remove the effects of the discontinued operations of LifeWorks as well as to reflect Ceridian's retrospective adoption of ASC Topic 606 and certain other accounting standards. On February 8, 2019, the DNB Acquisition closed. Our chief operating decision maker reviews the full financial results of Dun & Bradstreet for purposes of assessing performance and allocating resources. Accordingly, we consider Dun & Bradstreet a reportable segment and have included the full results of Dun & Bradstreet subsequent to the DNB Acquisition in the tables below. See below for further discussion of Dun & Bradstreet and our accounting for our related investment. As of and for the three months ended September 30, 2019:
| Restaurant Group |  | T-System |  | Ceridian |  | Dun & Bradstreet |  | Corporate and Other |  | Ceridian and Dun & Bradstreet Elimination |  | Total
| (in millions)
Restaurant revenues | $ | 247.7 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 247.7 |
Other operating revenues | — |  |  | 13.4 |  |  | 202.3 |  |  | 408.2 |  |  | 9.3 |  |  | (610.5 | ) |  | 22.7 |
Revenues from external customers | 247.7 |  |  | 13.4 |  |  | 202.3 |  |  | 408.2 |  |  | 9.3 |  |  | (610.5 | ) |  | 270.4 |
Interest, investment and other income, including realized gains and losses | 1.1 |  |  | 7.9 |  |  | — |  |  | 6.7 |  |  | 85.3 |  |  | (6.7 | ) |  | 94.3 |
Total revenues and other income | 248.8 |  |  | 21.3 |  |  | 202.3 |  |  | 414.9 |  |  | 94.6 |  |  | (617.2 | ) |  | 364.7 |
Depreciation and amortization | 9.0 |  |  | 3.4 |  |  | 14.9 |  |  | 123.4 |  |  | 0.5 |  |  | (138.3 | ) |  | 12.9 |
Interest expense | (1.5 | ) |  | (1.4 | ) |  | (7.8 | ) |  | (85.6 | ) |  | (2.3 | ) |  | 93.4 |  |  | (5.2 | )
(Loss) earnings before income taxes and equity in earnings (losses) of unconsolidated affiliates | (13.2 | ) |  | 4.4 |  |  | (2.9 | ) |  | (79.3 | ) |  | 74.3 |  |  | 82.2 |  |  | 65.5 |
Income tax (benefit) expense | — |  |  | 0.6 |  |  | (65.6 | ) |  | (23.8 | ) |  | 15.0 |  |  | 89.4 |  |  | 15.6 |
(Loss) earnings, before equity in earnings (losses) of unconsolidated affiliates | (13.2 | ) |  | 3.8 |  |  | 62.7 |  |  | (55.5 | ) |  | 59.3 |  |  | (7.2 | ) |  | 49.9 |
Equity in earnings (losses) of unconsolidated affiliates | — |  |  | — |  |  | — |  |  | 0.6 |  |  | 0.4 |  |  | (9.3 | ) |  | (8.3 | )
Net (loss) earnings | $ | (13.2 | ) |  | $ | 3.8 |  |  | $ | 62.7 |  |  | $ | (54.9 | ) |  | $ | 59.7 |  |  | $ | (16.5 | ) |  | $ | 41.6 |
Assets | $ | 610.1 |  |  | $ | 198.4 |  |  | $ | 5,436.2 |  |  | $ | 9,075.7 |  |  | $ | 1,085.2 |  |  | $ | (14,511.9 | ) |  | $ | 1,893.7 |
Goodwill | 76.5 |  |  | 88.3 |  |  | 1,961.2 |  |  | 2,967.4 |  |  | — |  |  | (4,928.6 | ) |  | 164.8 |
As of and for the three months ended September 30, 2018:
| Restaurant Group |  | T-System |  | Ceridian |  | Corporate and Other |  | Ceridian Elimination |  | Total
| (in millions)
Restaurant revenues | $ | 269.3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 269.3 |
Other operating revenues | — |  |  | 14.1 |  |  | 178.1 |  |  | 10.1 |  |  | (178.1 | ) |  | 24.2 |
Revenues from external customers | 269.3 |  |  | 14.1 |  |  | 178.1 |  |  | 10.1 |  |  | (178.1 | ) |  | 293.5 |
Interest investment and other income, including realized gains and losses | (2.4 | ) |  | — |  |  | — |  |  | 15.3 |  |  | — |  |  | 12.9 |
Total revenues and other income | 266.9 |  |  | 14.1 |  |  | 178.1 |  |  | 25.4 |  |  | (178.1 | ) |  | 306.4 |
Depreciation and amortization | 11.8 |  |  | 3.9 |  |  | 14.3 |  |  | 0.4 |  |  | (14.3 | ) |  | 16.1 |
Interest expense | (4.1 | ) |  | (1.4 | ) |  | (8.8 | ) |  | 5.1 |  |  | 8.8 |  |  | (0.4 | )
(Loss) earnings before income taxes and equity in earnings (losses) of unconsolidated affiliates | (21.7 | ) |  | (2.3 | ) |  | 6.5 |  |  | 11.2 |  |  | (6.5 | ) |  | (12.8 | )
Income tax (benefit) expense | — |  |  | (0.5 | ) |  | (0.7 | ) |  | (0.4 | ) |  | 0.7 |  |  | (0.9 | )
(Loss) earnings before equity in earnings of unconsolidated affiliates | (21.7 | ) |  | (1.8 | ) |  | 7.2 |  |  | 11.6 |  |  | (7.2 | ) |  | (11.9 | )
Equity in earnings of unconsolidated affiliates | — |  |  | — |  |  | — |  |  | 2.6 |  |  | 1.2 |  |  | 3.8 |
Net (loss) earnings | $ | (21.7 | ) |  | $ | (1.8 | ) |  | $ | 7.2 |  |  | $ | 14.2 |  |  | $ | (6.0 | ) |  | $ | (8.1 | )
Assets | $ | 454.8 |  |  | $ | 219.5 |  |  | $ | 6,057.4 |  |  | $ | 690.4 |  |  | $ | (6,057.4 | ) |  | $ | 1,364.7 |
Goodwill | 103.1 |  |  | 94.0 |  |  | 1,949.8 |  |  | 0.1 |  |  | (1,949.8 | ) |  | $ | 197.2 |
As of and for the nine months ended September 30, 2019:
| Restaurant Group |  | T-System |  | Ceridian |  | Dun & Bradstreet |  | Corporate and Other |  | Ceridian and Dun & Bradstreet Elimination |  | Total
| (in millions)
Restaurant revenues | $ | 772.0 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 772.0 |
Other operating revenues | — |  |  | 38.5 |  |  | 602.3 |  |  | 981.2 |  |  | 19.5 |  |  | (1,583.5 | ) |  | 58.0 |
Revenues from external customers | 772.0 |  |  | 38.5 |  |  | 602.3 |  |  | 981.2 |  |  | 19.5 |  |  | (1,583.5 | ) |  | 830.0 |
Interest, investment and other income, including realized gains and losses | 4.6 |  |  | 7.4 |  |  | — |  |  | 20.7 |  |  | 170.8 |  |  | (20.7 | ) |  | 182.8 |
Total revenues and other income | 776.6 |  |  | 45.9 |  |  | 602.3 |  |  | 1,001.9 |  |  | 190.3 |  |  | (1,604.2 | ) |  | 1,012.8 |
Depreciation and amortization | 28.1 |  |  | 10.3 |  |  | 43.9 |  |  | 340.6 |  |  | 1.7 |  |  | (384.5 | ) |  | 40.1 |
Interest expense | (4.0 | ) |  | (4.2 | ) |  | (25.2 | ) |  | (220.6 | ) |  | (6.2 | ) |  | 245.8 |  |  | (14.4 | )
(Loss) earnings before income taxes and equity in earnings of unconsolidated affiliates | (32.9 | ) |  | (5.5 | ) |  | 22.7 |  |  | (277.1 | ) |  | 144.1 |  |  | 254.4 |  |  | 105.7 |
Income tax (benefit) expense | (0.1 | ) |  | (1.8 | ) |  | (57.5 | ) |  | (77.2 | ) |  | 16.2 |  |  | 134.7 |  |  | 14.3 |
(Loss) earnings, before equity in earnings (losses) of unconsolidated affiliates | (32.8 | ) |  | (3.7 | ) |  | 80.2 |  |  | (199.9 | ) |  | 127.9 |  |  | 119.7 |  |  | 91.4 |
Equity in earnings (losses) of unconsolidated affiliates | — |  |  | — |  |  | — |  |  | 3.4 |  |  | 1.1 |  |  | (55.3 | ) |  | (50.8 | )
Net (loss) earnings | $ | (32.8 | ) |  | $ | (3.7 | ) |  | $ | 80.2 |  |  | $ | (196.5 | ) |  | $ | 129.0 |  |  | $ | 64.4 |  |  | $ | 40.6 |
Assets | $ | 610.1 |  |  | $ | 198.4 |  |  | $ | 5,436.2 |  |  | $ | 9,075.7 |  |  | $ | 1,085.2 |  |  | $ | (14,511.9 | ) |  | $ | 1,893.7 |
Goodwill | 76.5 |  |  | 88.3 |  |  | 1,961.2 |  |  | 2,967.4 |  |  | — |  |  | (4,928.6 | ) |  | 164.8 |
As of and for the nine months ended September 30, 2018:
| Restaurant Group |  | T-System |  | Ceridian |  | Corporate and Other |  | Ceridian Elimination |  | Total
| (in millions)
Restaurant revenues | $ | 819.3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 819.3 |
Other operating revenues | — |  |  | 44.3 |  |  | 545.9 |  |  | 24.6 |  |  | (545.9 | ) |  | 68.9 |
Revenues from external customers | 819.3 |  |  | 44.3 |  |  | 545.9 |  |  | 24.6 |  |  | (545.9 | ) |  | 888.2 |
Interest investment and other income, including realized gains and losses | (1.0 | ) |  | — |  |  | — |  |  | 83.3 |  |  | — |  |  | 82.3 |
Total revenues and other income | 818.3 |  |  | 44.3 |  |  | 545.9 |  |  | 107.9 |  |  | (545.9 | ) |  | 970.5 |
Depreciation and amortization | 33.2 |  |  | 11.2 |  |  | 42.4 |  |  | 0.9 |  |  | (42.4 | ) |  | 45.3 |
Interest expense | (11.6 | ) |  | (2.9 | ) |  | (74.4 | ) |  | 10.9 |  |  | 74.4 |  |  | (3.6 | )
(Loss) earnings before income taxes and equity in earnings (losses) of unconsolidated affiliates | (36.9 | ) |  | (5.7 | ) |  | (37.9 | ) |  | 19.9 |  |  | 37.9 |  |  | (22.7 | )
Income tax (benefit) expense | — |  |  | (2.8 | ) |  | 6.3 |  |  | (1.0 | ) |  | (6.3 | ) |  | (3.8 | )
(Loss) earnings before equity in earnings (losses) of unconsolidated affiliates | (36.9 | ) |  | (2.9 | ) |  | (44.2 | ) |  | 20.9 |  |  | 44.2 |  |  | (18.9 | )
Equity in earnings (losses) of unconsolidated affiliates | 0.1 |  |  | — |  |  | — |  |  | 3.4 |  |  | (20.4 | ) |  | (16.9 | )
Net (loss) earnings | $ | (36.8 | ) |  | $ | (2.9 | ) |  | $ | (44.2 | ) |  | $ | 24.3 |  |  | $ | 23.8 |  |  | $ | (35.8 | )
Assets | $ | 454.8 |  |  | $ | 219.5 |  |  | $ | 6,057.4 |  |  | $ | 690.4 |  |  | $ | (6,057.4 | ) |  | $ | 1,364.7 |
Goodwill | 103.1 |  |  | 94.0 |  |  | 1,949.8 |  |  | 0.1 |  |  | (1,949.8 | ) |  | $ | 197.2 |

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- 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
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