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Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Summary of Net sales and Operating Profit by Segment

Net sales and operating profit by segment are as follows (in millions):

 

 

 

Net Sales

 

 

Operating Profit

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Americas

 

$

1,045.1

 

 

$

1,009.3

 

 

$

430.8

 

 

$

422.2

 

EMEA

 

 

319.3

 

 

 

354.5

 

 

 

80.2

 

 

 

86.9

 

Asia Pacific

 

 

305.4

 

 

 

321.6

 

 

 

100.5

 

 

 

106.7

 

Total

 

$

1,669.8

 

 

$

1,685.4

 

 

 

 

 

 

 

Corporate items

 

 

 

 

 

 

 

 

(234.7

)

 

 

(240.6

)

Intangible asset amortization

 

 

 

 

 

 

 

 

(131.5

)

 

 

(132.2

)

Operating profit

 

 

 

 

 

 

 

$

245.3

 

 

$

243.0

 

 

 

 

 

Net Sales

 

 

Operating Profit

 

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Americas

 

$

3,142.1

 

 

$

3,013.7

 

 

$

1,309.6

 

 

$

1,254.7

 

EMEA

 

 

1,079.1

 

 

 

1,065.7

 

 

 

284.3

 

 

 

261.0

 

Asia Pacific

 

 

893.6

 

 

 

970.7

 

 

 

301.8

 

 

 

325.9

 

Total

 

$

5,114.8

 

 

$

5,050.1

 

 

 

 

 

 

 

Corporate items

 

 

 

 

 

 

 

 

(772.8

)

 

 

(700.1

)

Intangible asset amortization

 

 

 

 

 

 

 

 

(395.3

)

 

 

(398.7

)

Intangible asset impairment

 

 

 

 

 

 

 

 

(3.0

)

 

 

(16.3

)

Operating profit

 

 

 

 

 

 

 

$

724.6

 

 

$

726.5