Segment Information

3 Months Ended

Mar. 31, 2018

Note 8 — SEGMENT INFORMATION

Operating income is the primary measure that is reported to our chief operating decision maker (CODM) for purposes of allocating resources to the segments and assessing their performance. Operating income at the segment level does not include: corporate general and administrative expenses that are not allocated to segments; intersegment sales and profit eliminations; charges related to specific strategic initiatives such as the consolidation of operations; restructuring activities, including employee separation costs resulting from personnel reduction programs, plant realignment costs; executive separation agreements; share-based compensation costs; asset impairments; environmental remediation costs and other liabilities for facilities no longer owned or closed in prior years; gains and losses on the divestiture of joint ventures and equity investments; actuarial gains and losses associated with our pension and other post-retirement benefit plans; and certain other items that are not included in the measure of segment profit or loss that is reported to and reviewed by our chief operating decision maker. These costs are included in Corporate and eliminations.

PolyOne has four reportable segments: (1) Color, Additives and Inks; (2) Specialty Engineered Materials; (3) Performance Products and Solutions; and (4) PolyOne Distribution.

Segment information for the three months ended March 31, 2018 and 2017 is as follows:



	Three Months Ended March 31, 2018								Three Months Ended March 31, 2017
(In millions)	Sales to External Customers		Total Sales			Operating Income			Sales to External Customers		Total Sales			Operating Income
Color, Additives and Inks	$	269.1	$	270.9		$	42.1		$	206.5	$	211.8		$	35.1
Specialty Engineered Materials	150.7		163.1			20.1			146.6		159.1			22.9
Performance Products and Solutions	170.6		191.0			22.7			162.2		183.7			22.1
PolyOne Distribution	311.2		315.5			18.2			281.4		286.1			18.6
Corporate and eliminations	—		(38.9		)	(24.3		)	—		(44.0		)	(16.7		)
Total	$	901.6	$	901.6		$	78.8		$	796.7	$	796.7		$	82.0



	Total Assets
(In millions)	March 31, 2018		December 31, 2017
Color, Additives and Inks	$	1,275.1	$	1,146.8
Specialty Engineered Materials	559.9		545.1
Performance Products and Solutions	291.0		275.8
PolyOne Distribution	260.0		250.9
Corporate and eliminations	357.9		486.7
Total assets	2,743.9		2,705.3