Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Total assets and long-lived assets by segment

The following table summarizes total assets by segment:

(in millions)	March 31, 2020		December 31, 2019
North America	$	3,327.6	$	3,142.9
International	631.8		615.3
Corporate	647.5		477.1
Inter-segment eliminations	(1,300.7)		(1,173.5)
Total assets	$	3,306.2	$	3,061.8

 The following table summarizes property, plant and equipment, net, by segment:

(in millions)	March 31, 2020		December 31, 2019
North America	$	355.3	$	328.9
International	49.5		51.8
Corporate	55.5		55.1
Total property, plant and equipment, net	$	460.3	$	435.8

The following table summarizes operating lease right-of-use assets by segment:

(in millions)	March 31, 2020		December 31, 2019
North America	$	240.4	$	202.0
International	41.9		42.2
Corporate	0.9		1.2
Total operating lease right-of-use assets	$	283.2	$	245.4

Segment financial information

The following table summarizes segment information for the three months ended March 31, 2020:

(in millions)	North America		International		Corporate		Eliminations		Consolidated
Net sales	$	677.2	$	145.2	$	—	$	—	$	822.4
Inter-segment sales	$	0.8	$	0.1	$	—	$	(0.9)	$	—
Inter-segment royalty expense (income)	1.4		(1.4)		—		—		—
Gross profit	277.2		79.9		—		—		357.1
Operating income (loss)	101.4		26.6		(22.7)		—		105.3
Income (loss) from continuing operations before income taxes	99.6		24.5		(39.6)		—		84.5
Depreciation and amortization (1)	$	17.6	$	3.3	$	9.6	$	—	$	30.5
Capital expenditures	21.3		2.4		2.5		—		26.2

(1)Depreciation and amortization include stock-based compensation amortization expense.

The following table summarizes segment information for the three months ended March 31, 2019:

(in millions)	North America		International		Corporate		Eliminations		Consolidated
Net sales	$	544.0	$	146.9	$	—	$	—	$	690.9
Inter-segment sales	$	1.0	$	0.3	$	—	$	(1.3)	$	—
Inter-segment royalty expense (income)	1.0		(1.0)		—		—		—
Gross profit	204.4		77.4		—		—		281.8
Operating income (loss)	64.3		25.2		(29.0)		—		60.5
Income (loss) from continuing operations before income taxes	62.4		29.8		(46.3)		—		45.9
Depreciation and amortization (1)	$	15.0	$	3.3	$	9.8	$	—	$	28.1
Capital expenditures	12.9		2.9		3.3		—		19.1

(1)Depreciation and amortization include stock-based compensation amortization expense.

Long-lived assets by geographic region

The following table summarizes property, plant and equipment, net by geographic region:

(in millions)	March 31, 2020		December 31, 2019
United States	$	395.1	$	366.4
Canada	15.7		17.5
Other International	49.5		51.9
Total property, plant and equipment, net	$	460.3	$	435.8
Total International	$	65.2	$	69.4

The following table summarizes operating lease right-of-use assets by geographic region:

(in millions)	March 31, 2020		December 31, 2019
United States	$	237.1	$	198.3
Canada	4.2		4.9
Other International	41.9		42.2
Total operating lease right-of-use assets	$	283.2	$	245.4
Total International	$	46.1	$	47.1

Net sales by geographic region

The following table summarizes net sales by geographic region:

	Three Months Ended
	March 31,
(in millions)	2020		2019
United States	$	632.5	$	497.2
Canada	44.7		46.8
Other International	145.2		146.9
Total net sales	$	822.4	$	690.9
Total International	$	189.9	$	193.7