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Segment Information
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
The Company's three operating product line segments are also the Company's reportable segments: Paper, Reconstituted Tobacco and Filtration. The Paper segment primarily produces Cigarette Papers such as cigarette papers, including LIP papers, plug wrap papers and base tipping papers used to wrap various parts of a cigarette for sale to cigarette manufacturers. The Paper segment also includes commercial and industrial products such as lightweight printing and writing papers, battery separator paper, drinking straw wrap, filter paper and other specialized papers. These non-tobacco industry products are generally sold directly to converters and other end-users or brokers. The Reconstituted Tobacco segment produces reconstituted tobacco leaf, or RTL, and wrapper and binder products for sale to cigarette and cigar manufacturers. The Filtration segment primarily produces nonwoven materials which are critical components performing support, separation or filtration functions.
 
Information about Net Sales and Operating Profit

The accounting policies of these segments are the same as those described in Note 2. Summary of Significant Accounting Policies. The Company primarily evaluates segment performance and allocates resources based on operating profit. Expense amounts not associated with segments are referred to as unallocated expenses. Certain of the Company's assets are used in the production of both the Paper and Reconstituted Tobacco segments' products. Due to these shared assets, management does not evaluate assets by segment.
($ in millions)
Net Sales
 
For the Years Ended December 31,
 
2014
 
2013
 
2012
Paper
$
496.3

 
62.5
%
 
$
543.4

 
70.3
%
 
$
545.0

 
70.0
%
Reconstituted Tobacco
170.6

 
21.5

 
225.2

 
29.1

 
233.5

 
30.0

Filtration
127.4

 
16.0

 
4.2

 
0.6

 
—

 
—

Total Consolidated
$
794.3

 
100.0
%
 
$
772.8

 
100.0
%
 
$
778.5

 
100.0
%

($ in millions)
Operating Profit
 
For the Years Ended December 31,
 
2014
 
2013
 
2012
Paper
$
74.5

 
70.2
 %
 
$
102.5

 
82.1
 %
 
$
84.4

 
55.7
 %
Reconstituted Tobacco
50.0

 
47.1

 
46.4

 
37.1

 
90.3

 
59.5

Filtration
10.2

 
9.6

 
(1.1
)
 
(0.9
)
 
—

 
—

Unallocated
(28.6
)
 
(26.9
)
 
(22.9
)
 
(18.3
)
 
(23.0
)
 
(15.2
)
Total Consolidated
$
106.1

 
100.0
 %
 
$
124.9

 
100.0
 %
 
$
151.7

 
100.0
 %

($ in millions)
Segment Assets
 
December 31, 2014
 
December 31, 2013
Paper
$
425.6

 
$
462.4

Reconstituted Tobacco
186.3

 
411.4

Filtration
319.5

 
286.3

Unallocated
255.2

 
66.7

Consolidated
$
1,186.6

 
$
1,226.8


($ in millions)
Capital Spending
Depreciation
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
Paper
$
20.3

 
$
19.8

 
$
19.8

 
$
20.9

 
$
20.0

 
$
20.0

Reconstituted Tobacco
5.8

 
8.6

 
7.4

 
10.1

 
10.5

 
10.0

Filtration
8.7

 
0.7

 
—

 
3.9

 
0.1

 
—

Unallocated
0.3

 
—

 
—

 
0.4

 
0.5

 
0.8

Consolidated
$
35.1

 
$
29.1

 
$
27.2

 
$
35.3

 
$
31.1

 
$
30.8



Information about Geographic Areas

Long-lived assets by geographic area, excluding deferred income tax assets and certain other deferred charges, as of year-end were as follows ($ in millions):
 
Long-Lived Assets
 
2014
 
2013
United States
$
75.5

 
$
86.8

France
187.2

 
210.2

The Philippines
30.8

 
31.5

Brazil
27.8

 
35.1

Poland
29.0

 
32.8

Other foreign countries
15.5

 
3.6







For the geographic disclosure in the following table, net sales are attributed to geographic locations based on the location of the Company's direct customers ($ in millions):
 
Net Sales
 
2014
 
2013
 
2012
Europe and the former Commonwealth of Independent States
$
304.6

 
$
343.0

 
$
349.4

United States
263.7

 
223.1

 
227.2

Asia/Pacific (including China)
125.3

 
113.6

 
107.4

Latin America
54.9

 
49.6

 
54.2

Other foreign countries
45.8

 
43.5

 
40.3

Consolidated
$
794.3

 
$
772.8

 
$
778.5