Segment Information

Our businesses are organized into two reportable operating segments: Consumer Products and Pulp and Paperboard. The reporting segments follow the same accounting policies used for our Consolidated Financial Statements. We evaluate the performance of our business segments based upon net sales and operating income (loss).

Consumer Products

Our Consumer Products segment manufactures and sells a complete line of at-home tissue products, or retail products, and away-from-home tissue products, or non-retail products, and parent rolls. Retail products include bath, paper towels, facial and napkin product categories. Non-retail products include conventional one and two-ply bath tissue, two-ply paper towels, hard wound towels and dispenser napkins sold to customers with commercial and industrial tissue needs. Each category is further distinguished according to quality segments: ultra, premium, value and economy.

Pulp and Paperboard

Our Pulp and Paperboard segment manufactures and markets solid bleached sulfate paperboard for the high-end segment of the packaging industry as well as offers custom sheeting, slitting and cutting of paperboard. Our overall production consists primarily of folding carton, liquid packaging, cup and plate products and commercial printing grades. The majority of our Pulp and Paperboard customers are packaging converters, folding carton converters, merchants and commercial printers.

The table below presents information about our reportable segments:



(In millions)	2019			2018			2017
Segment net sales:
Consumer Products	$	906.8		$	884.8		$	941.9
Pulp and Paperboard	854.7			839.4			788.5
Total segment net sales	$	1,761.5		$	1,724.2		$	1,730.4

Operating income (loss):
Consumer Products	$	(6.6	)	$	0.3		$	46.2
Pulp and Paperboard	115.3			130.9			97.5
Corporate	(57.0		)	(51.5		)	(55.7		)
Goodwill impairment	—			(195.1		)	—
Other operating charges, net	(6.3		)	17.5			(16.8		)
Income (loss) from operations	$	45.4		$	(97.9	)	$	71.2

Depreciation and amortization:
Consumer Products	$	69.7		$	57.8		$	60.3
Pulp and Paperboard	39.4			37.8			34.5
Corporate	6.5			6.3			5.6
Other operating charges, net	—			—			4.6
Total depreciation and amortization	$	115.6		$	101.9		$	105.0

Assets:
Consumer Products	$	1,147.1		$	1,094.1		$	1,069.9
Pulp and Paperboard	652.2			638.8			645.4
Corporate	78.4			55.2			87.0
Total assets	$	1,877.7		$	1,788.1		$	1,802.3

Capital expenditures:
Consumer Products	$	114.9		$	262.7		$	107.5
Pulp and Paperboard	16.7			20.9			80.8
	131.6			283.6			188.3
Corporate	8.5			12.1			11.4
Total capital expenditures	$	140.1		$	295.7		$	199.7

For the year-ended December 31, 2019, there were no customers with more than 10% of our total consolidated sales. For the years ended December 31, 2018 and 2017, one customer was 11.1% and 15.3% of our total consolidated net sales.

Our manufacturing facilities and all other assets are located within the continental United States. We sell and ship our products to customers in several foreign countries. Net sales, classified by the major geographic areas in which our customers are located and by major products, were as follows:



(In millions)	2019		2018		2017
Primary geographical markets:
United States	$	1,686.2	$	1,648.6	$	1,650.1
Other Countries	75.3		75.6		80.3
Total Net Sales	$	1,761.5	$	1,724.2	$	1,730.4

Major products:
Retail tissue	$	845.6	$	794.4	$	857.6
Paperboard	848.4		837.9		788.5
Non-retail tissue	56.5		88.2		81.1
Other	11.0		3.7		3.2
Total net sales	$	1,761.5	$	1,724.2	$	1,730.4