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Business Segment Information | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Business Segment Information | Business Segment Information Information concerning unaudited consolidated operations by business segment is presented in the following table (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Net Sales |  |  |  |  |  |  |
Medical Devices | $ | 160.9 |  |  | $ | 149.1 |  |  | $ | 317.3 |  |  | $ | 294.8 |
Corporate and Other | — |  |  | — |  |  | — |  |  | — |
Total Net Sales | 160.9 |  |  | 149.1 |  |  | 317.3 |  |  | 294.8 |
Operating Profit |  |  |  |  |  |  |
Medical Devices | 31.1 |  |  | 40.7 |  |  | 71.2 |  |  | 78.7 |
Corporate and Other(a) | (27.0 | ) |  | (46.5 | ) |  | (72.3 | ) |  | (95.1 | )
Other income (expense), net(b) | 4.7 |  |  | (6.3 | ) |  | 2.9 |  |  | (13.3 | )
Total Operating Profit | 8.8 |  |  | (12.1 | ) |  | 1.8 |  |  | (29.7 | )
Interest income | 2.2 |  |  | 0.5 |  |  | 3.2 |  |  | 0.9 |
Interest expense | (9.9 | ) |  | (7.8 | ) |  | (18.7 | ) |  | (15.4 | )
Income before Income Taxes | $ | 1.1 |  |  | $ | (19.4 | ) |  | $ | (13.7 | ) |  | $ | (44.2 | )
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(a) | Corporate and Other for the three and six months ended June 30, 2018 includes $9.1 million and $37.0 million, respectively, of costs formerly included in the S&IP business, $14.0 million and $28.5 million, respectively, of general expenses and $3.9 million and $6.8 million, respectively, of restructuring costs (see Note 3, “Restructuring Activities”). Corporate and Other for the three and six months ended June 30, 2017 includes $28.4 million and $57.3 million, respectively, of costs formerly included in the S&IP business, $16.4 million and $34.0 million, respectively, of general expenses, $1.7 million and $3.3 million, respectively, of acquisition-related expenses and zero and $0.5 million for post spin-related items.
(b) | Other expense includes amounts incurred related to litigation matters. See Note 11, “Commitments and Contingencies.”
Disaggregated Revenue Our management evaluates the product category sales within our reportable business segment. Net sales by product category is presented in the following table (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Net Sales |  |  |  |  |  |  |
Chronic care | $ | 97.1 |  |  | $ | 88.7 |  |  | $ | 194.2 |  |  | $ | 177.3 |
Pain management | 63.8 |  |  | 60.4 |  |  | 123.1 |  |  | 117.5 |
Total net sales | $ | 160.9 |  |  | $ | 149.1 |  |  | $ | 317.3 |  |  | $ | 294.8 |
Due to the nature of our business, we receive purchase orders for products under supply agreements which are normally fulfilled within three to four weeks. Our performance obligations under purchase orders are satisfied and revenue is recognized at a point in time, which is upon shipment or upon delivery of our products to unaffiliated customers, depending on shipping terms. Accordingly, we normally do not have transactions that give rise to material unfulfilled performance obligations.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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