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Segment Information
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
As a worldwide marketing solutions partner dedicated to creating a better way, Quad uses its data-driven, integrated marketing solutions platform to help clients reduce complexity, increase efficiency and enhance marketing spend effectiveness. 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 operating and reportable segments, including their product and service offerings, and a “Corporate” category are as follows:

•United States Print and Related Services
•International
•Corporate

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 retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products and global paper procurement, together with marketing and other complementary services, including consumer insights, audience targeting, personalization, media planning and placement, process optimization, campaign planning and creation, pre-media production, videography, photography, digital execution, print execution and logistics. This segment also includes the manufacture of ink.

International

The International segment consists of the Company’s printing operations in Europe and Latin America, including operations in England, France, Germany, Poland, Argentina, Colombia, Mexico and Peru, as well as investments in printing operations in Brazil and India. This segment provides printed products and marketing and other complementary services consistent with the United States Print and Related Services segment. As of September 30, 2020, the Company has no unrestricted subsidiaries as defined in the Company’s Senior Unsecured Notes indenture.

Corporate

Corporate consists of unallocated general and administrative activities and associated expenses including, in part, executive, legal and finance, as well as certain expenses and income from frozen employee retirement plans, such as pension benefit plans.
The following is a summary of segment information for the three and nine months ended September 30, 2020 and 2019:
Net SalesOperating Income (Loss) from Continuing OperationsRestructuring, Impairment and Transaction-
Related Charges
ProductsServices
Three months ended September 30, 2020
United States Print and Related Services$425.6 $181.6 $20.0 $3.8 
International67.9 4.2 (1.7)5.2 
Total operating segments493.5 185.8 18.3 9.0 
Corporate— — (12.0)0.8 
Total$493.5 $185.8 $6.3 $9.8 
Three months ended September 30, 2019
United States Print and Related Services$649.8 $197.2 $27.1 $7.3 
International92.7 3.9 2.6 2.5 
Total operating segments742.5 201.1 29.7 9.8 
Corporate— — (59.1)46.9 
Total$742.5 $201.1 $(29.4)$56.7 
Nine months ended September 30, 2020
United States Print and Related Services$1,382.2 $488.1 $44.6 $38.0 
International204.0 12.0 (2.1)9.3 
Total operating segments1,586.2 500.1 42.5 47.3 
Corporate— — (34.0)1.7 
Total$1,586.2 $500.1 $8.5 $49.0 
Nine months ended September 30, 2019
United States Print and Related Services$1,962.4 $593.6 $89.8 $15.1 
International285.0 12.5 4.9 7.5 
Total operating segments2,247.4 606.1 94.7 22.6 
Corporate— — (89.0)51.1 
Total$2,247.4 $606.1 $5.7 $73.7 

Restructuring, impairment and transaction-related charges for the three and nine months ended September 30, 2020 and 2019, are further described in Note 5, “Restructuring, Impairment and Transaction-Related Charges,” and are included in the operating income (loss) from continuing operations results by segment above.
A reconciliation of operating income (loss) from continuing operations to loss from continuing operations before income taxes and equity in loss of unconsolidated entity as reported in the condensed consolidated statements of operations for the three and nine months ended September 30, 2020 and 2019, was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
Operating income (loss) from continuing operations$6.3 $(29.4)$8.5 $5.7 
Less: interest expense17.9 22.0 52.2 69.6 
Less: net pension income(2.7)(1.5)(8.0)(4.5)
Less: loss on debt extinguishment— 14.6 1.8 30.5 
Loss from continuing operations before income taxes and equity in loss of unconsolidated entity$(8.9)$(64.5)$(37.5)$(89.9)