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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Information
The following table shows segment revenues and operating income for the twelve months ended December 31, 2019, 2018 and 2017:
 
Twelve Months Ended December 31, 2019
 
Twelve Months Ended December 31, 2018
 
Twelve Months Ended December 31, 2017
Segment Revenues
 
 
 
 
 
Fuselage Systems
$
4,206.2

 
$
4,000.8

 
$
3,730.8

Propulsion Systems
2,057.8

 
1,702.5

 
1,666.2

Wing Systems
1,588.3

 
1,513.0

 
1,578.8

All Other
10.8

 
5.7

 
7.2

 
$
7,863.1

 
$
7,222.0

 
$
6,983.0

Segment Operating Income (1, 2)
 
 
 
 
 
Fuselage Systems
$
440.8

 
$
576.1

 
$
329.6

Propulsion Systems
404.6

 
283.5

 
267.7

Wing Systems
216.0

 
226.4

 
205.1

All Other
3.4

 
0.3

 
2.0

 
1,064.8

 
1,086.3

 
804.4

Corporate SG&A (2)
(261.4
)
 
(210.4
)
 
(204.7
)
Unallocated impact of severe weather event

 
10.0

 
(19.9
)
Research and development
(54.5
)
 
(42.5
)
 
(31.2
)
Unallocated cost of sales(3)
11.9

 
(0.2
)
 
(16.7
)
Total operating income
$
760.8

 
$
843.2

 
$
531.9

_______________________________________
(1)
Inclusive of forward losses, changes in estimate on loss programs and cumulative catch-up adjustments. These changes in estimates for the periods ended December 31, 2019, 2018, and 2017 are further detailed in Note 5, Changes in Estimates.
(2)
Prior period information has been reclassified as a result of the Company's adoption of ASU 2017-07 on a retrospective basis in 2018. In accordance with the adoption of this guidance, prior year amounts related to the components of net periodic pension and postretirement benefit cost other than service costs have been reclassified from cost of sales and selling, general, and administrative expense to other (expense) income within the consolidated statement of operation for all periods presented. Accordingly, expenses of $18.1, $7.4, and $7.3 attributable to the Fuselage Systems segment, Propulsion Systems segment, and Wing Systems segment, respectively, were reclassified into segment operating income for the twelve months ended December 31, 2017.
(3)
For 2019, includes $13.9 related to warranty reserves. For 2018, includes charges of $1.1 related to warranty reserves. For 2017, includes charges of $1.8 and $12.7, related to warranty reserves and charges for excess purchases and purchase commitments, respectively.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] The following chart illustrates the split between domestic and foreign revenues:
 
Year Ended December 31, 2019
 
Year Ended December 31, 2018
 
Year Ended December 31, 2017
Revenue Source(1)
Net Revenues
 
Percent of
Total
Net Revenues
 
Net Revenues
 
Percent of
Total
Net Revenues
 
Net Revenues
 
Percent of
Total
Net Revenues
United States
$
6,566.3

 
84
%
 
$
5,967.1

 
83
%
 
$
5,722.9

 
82
%
International
 
 
 
 
 
 
 
 
 
 
 
United Kingdom
771.9

 
10
%
 
763.3

 
10
%
 
740.9

 
11
%
Other
524.9

 
6
%
 
491.6

 
7
%
 
519.2

 
7
%
Total International
1,296.8

 
16
%
 
1,254.9

 
17
%
 
1,260.1

 
18
%
Total Revenues
$
7,863.1

 
100
%
 
$
7,222.0

 
100
%
 
$
6,983.0

 
100
%
_______________________________________

(1)
Net Revenues are attributable to countries based on destination where goods are delivered.
Most of the Company’s long-lived assets are located within the U.S. Approximately 5% of the Company's long-lived assets based on book value are located in the U.K. with approximately another 3% of the Company's total long-lived assets located in countries outside the U.S. and the U.K. The following chart illustrates the split between domestic and foreign assets:
 
Year Ended December 31, 2019
 
Year Ended December 31, 2018
 
Year Ended December 31, 2017
Asset Location
Total
Long-Lived Assets
 
Percent of
Total
Long-Lived Assets
 
Total
Long-Lived Assets
 
Percent of
Total
Long-Lived Assets
 
Total
Long-Lived Assets
 
Percent of
Total
Long-Lived Assets
United States
$
2,079.4

 
92
%
 
$
2,003.9

 
92
%
 
$
1,939.0

 
92
%
International
 
 
 
 
 
 
 
 
 
 
 
United Kingdom
112.4

 
5
%
 
82.1

 
4
%
 
82.5

 
4
%
Other
79.9

 
3
%
 
81.6

 
4
%
 
83.8

 
4
%
Total International
192.3

 
8
%
 
163.7

 
8
%
 
166.3

 
8
%
Total Long-Lived Assets
$
2,271.7

 
100
%
 
$
2,167.6

 
100
%
 
$
2,105.3

 
100
%