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Segment Information
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company operates primarily in the commercial print portion of the printing industry, with related product and service offerings designed to offer clients complete solutions for communicating their messages to target audiences. The Company's operating and reportable segments are aligned with how the chief operating decision maker of the Company currently manages the business. The Company's reportable and operating segments and their product and service offerings are summarized below:

United States Print and Related Services

The United States Print and Related Services segment is predominantly comprised of the Company's United States printing operations and is managed as one integrated platform. This includes consumer magazines, catalogs, retail inserts, special interest publications, journals, direct mail, books, directories, in-store marketing, packaging, and other commercial and specialty printed products, together with the related service offerings, including marketing strategy, media planning and placement, data insights, response analytics services, creative services, videography, photography, workflow solutions, digital imaging, facilities management services, digital publishing, interactive print solutions including image recognition and near field communication technology, mailing, distribution, logistics, and data optimization and hygiene services. This segment also includes the design, development, manufacture and service of printing-related auxiliary equipment, as well as the manufacture of ink. As a result of the divestiture of the Company's Canadian operations to Transcontinental on March 1, 2012 (see Note 3, "Discontinued Operations"), all United States Print and Related Services segment amounts have been restated to exclude the Canadian discontinued operations.

International

The International segment consists of the Company's printing operations in Europe and Latin America, including operations in Poland, Argentina, Brazil, Chile, Colombia, Mexico and Peru. This segment provides printed products and related services consistent with the United States Print and Related Services segment, with the exception of printing-related auxiliary equipment, which is included entirely in the United States Print and Related Services segment. Unrestricted subsidiaries as defined in the Senior Unsecured Notes indenture represent less than 2.0% of total consolidated assets as of December 31, 2014 and less than 2.0% for the year ended December 31, 2014.

Corporate

Corporate consists of unallocated general and administrative activities and associated expenses including, in part, executive, legal, and finance. In addition, in 2014 certain expenses and income from frozen employee retirement plans, such as pension and other postretirement benefits plans, are included in Corporate and not allocated to the operating segments.

The following is a summary of segment information for the years ended December 31, 2014, 2013 and 2012.

 
 
 
 
 
 
 
 
 
 
 
 
 
Restructuring, Impairment and Transaction-Related Charges
 
Net Sales
 
Operating Income/(Loss)
 
Total Assets
 
Depreciation and Amortization
 
Capital Expenditures
 
 
Products
 
Services
 
 
 
 
 
Year ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
United States Print and Related Services
$
3,760.6

 
$
645.2

 
$
197.9

 
$
3,558.7

 
$
305.3

 
$
118.4

 
$
52.1

International
436.9

 
19.7

 
(11.2
)
 
447.3

 
29.2

 
20.8

 
9.2

Total operating segments
4,197.5

 
664.9

 
186.7

 
4,006.0

 
334.5

 
139.2

 
61.3

Corporate
—

 
—

 
(45.4
)
 
71.2

 
1.9

 
—

 
6.0

Total
$
4,197.5

 
$
664.9

 
$
141.3

 
$
4,077.2

 
$
336.4

 
$
139.2

 
$
67.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
United States Print and Related Services
$
3,746.2

 
$
593.5

 
$
230.7

 
$
3,552.2

 
$
310.2

 
$
136.3

 
$
52.3

International
440.4

 
15.8

 
(7.7
)
 
515.8

 
28.6

 
13.2

 
9.6

Total operating segments
4,186.6

 
609.3

 
223.0

 
4,068.0

 
338.8

 
149.5

 
61.9

Corporate
—

 
—

 
(80.8
)
 
97.7

 
1.7

 
—

 
33.4

Total
$
4,186.6

 
$
609.3

 
$
142.2

 
$
4,165.7

 
$
340.5

 
$
149.5

 
$
95.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
United States Print and Related Services
$
3,151.3

 
$
446.6

 
$
216.5

 
$
3,411.1

 
$
303.7

 
$
79.4

 
$
48.5

International
487.3

 
8.8

 
(24.8
)
 
585.9

 
33.0

 
24.1

 
26.3

Total operating segments
3,638.6

 
455.4

 
191.7

 
3,997.0

 
336.7

 
103.5

 
74.8

Corporate
—

 
—

 
(85.2
)
 
101.9

 
1.9

 
—

 
43.5

Total
$
3,638.6

 
$
455.4

 
$
106.5

 
$
4,098.9

 
$
338.6

 
$
103.5

 
$
118.3



Restructuring, impairment and transaction-related charges for the years ended December 31, 2014, 2013 and 2012 are further described in Note 4, "Restructuring, Impairment and Transaction-Related Charges," and are included in the operating income/(loss) results by segment above.

A reconciliation of operating income from continuing operations to earnings from continuing operations before income taxes and equity in earnings (loss) of unconsolidated entities as reported in the consolidated statements of operations for the years ended December 31, 2014, 2013 and 2012 is as follows:

 
2014
 
2013
 
2012
Operating income from continuing operations
$
141.3

 
$
142.2

 
$
106.5

Less: interest expense
92.9

 
85.5

 
84.0

Less: loss on debt extinguishment
7.2

 
—

 
—

Earnings from continuing operations before income taxes and equity in earnings (loss) of unconsolidated entities
$
41.2

 
$
56.7

 
$
22.5