Segment Financial Information (Notes)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segment Financial Information

(15) Segment Financial Information

We report financial results on the basis of two reportable segments organized by geographic region: the Americas and EMEA-APAC. Both the Americas and EMEA-APAC segments provide laboratory products, services and solutions to customers in the life science, general research and applied markets, including the pharmaceutical, biotechnology, agricultural, chemical, environmental, food and beverage, health care, microelectronic and petrochemical industries, as well as governmental agencies, universities and research institutes and environmental organizations.

Beginning January 1, 2015, we are comprised of two operating segments: Americas and EMEA-APAC. Previously, we had a third operating segment, Emerging Businesses, which is now part of the Americas. We changed our operating segments to align with our new basis of managing the business. Our operating segments are now the same as our reportable segments.

Corporate costs are managed centrally and attributed to the Americas segment.

The following table presents segment financial information (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Net sales:
Americas	$	651.8	$	614.8	$	1,257.1	$	1,183.2
EMEA-APAC	429.4		487.9		853.7		976.1
Total	$	1,081.2	$	1,102.7	$	2,110.8	$	2,159.3
Operating income:
Americas	$	41.2	$	22.5	$	76.9	$	52.1
EMEA-APAC	36.4		39.5		74.5		86.9
Total	$	77.6	$	62.0	$	151.4	$	139.0

Inter-segment activity has been eliminated; therefore, net sales for each reportable segment are all from external customers.