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Segment Data (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Summary of Net Sales and Other Information by Segment

Net sales and other information by segment are as follows (in millions):

 

 

 

Net Sales

 

 

Operating Profit

 

 

Depreciation and Amortization

 

 

Segment Assets

 

 

 

Year Ended December 31,

 

 

Year Ended December 31,

 

 

Year Ended December 31,

 

 

As of December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

2023

 

 

2022

 

 

2021

 

 

2023

 

 

2022

 

 

2021

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

4,624.1

 

 

$

4,295.5

 

 

$

4,102.1

 

 

$

2,487.1

 

 

$

2,282.4

 

 

$

2,174.6

 

 

$

146.0

 

 

$

142.0

 

 

$

142.6

 

 

$

1,218.0

 

 

$

1,172.0

 

EMEA

 

 

1,592.4

 

 

 

1,456.6

 

 

 

1,477.2

 

 

 

538.2

 

 

 

416.1

 

 

 

417.9

 

 

 

67.2

 

 

 

64.4

 

 

 

71.7

 

 

 

679.0

 

 

 

664.0

 

Asia Pacific

 

 

1,177.7

 

 

 

1,187.8

 

 

 

1,248.0

 

 

 

432.3

 

 

 

429.1

 

 

 

428.3

 

 

 

62.3

 

 

 

63.4

 

 

 

69.9

 

 

 

355.0

 

 

 

350.0

 

Total

 

$

7,394.2

 

 

$

6,939.9

 

 

$

6,827.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate items

 

 

 

 

 

 

 

 

 

 

 

(1,618.4

)

 

 

(1,611.7

)

 

 

(1,614.7

)

 

 

114.7

 

 

 

129.8

 

 

 

124.0

 

 

 

1,575.6

 

 

 

1,342.7

 

Intangible asset amortization

 

 

 

 

 

 

 

 

 

 

 

(561.5

)

 

 

(526.8

)

 

 

(529.5

)

 

 

561.5

 

 

 

526.8

 

 

 

529.5

 

 

 

-

 

 

 

-

 

Goodwill and intangible asset impairment

 

 

 

 

 

 

 

 

 

 

 

-

 

 

 

(292.8

)

 

 

(16.3

)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total

 

 

 

 

 

 

 

 

 

 

$

1,277.7

 

 

$

696.3

 

 

$

860.3

 

 

$

951.7

 

 

$

926.4

 

 

$

937.7

 

 

$

3,827.6

 

 

$

3,528.7

 

Disclosure on Geographic Areas, Long-Lived Assets

We conduct business in the following countries that hold 10 percent or more of our total consolidated Property, plant and equipment, net (in millions):

 

 

As of December 31,

 

 

 

2023

 

 

2022

 

United States

 

$

1,265.1

 

 

$

1,101.8

 

Other countries

 

 

795.3

 

 

 

770.7

 

Property, plant and equipment, net

 

$

2,060.4

 

 

$

1,872.5