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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2012
SEGMENT INFORMATION  
SEGMENT INFORMATION

5.             SEGMENT INFORMATION

 

MJN operates in four geographic operating segments: Asia, Europe, Latin America and North America. This operating segmentation is how the chief operating decision maker regularly assesses information for decision making purposes, including allocation of resources. Due to similarities in the economics, products offered, production process, customer base, and regulatory environment, these operating segments have been aggregated into two reportable segments: Asia/Latin America and North America/Europe.

 

Corporate and Other consists of unallocated general and administrative expenses; global business support activities, including research and development, marketing and supply chain costs; and income or expenses incurred within the operating segments that are not reflective of ongoing operations and affect the comparability of the operating segments’ results.

 

The following table is for the three months ended March 31:

 

 

 

Net Sales

 

Earnings Before Interest
and Income Taxes

 

(In millions)

 

2012

 

2011

 

2012

 

2011

 

Asia/Latin America

 

$

701.3

 

$

576.9

 

$

279.0

 

$

216.8

 

North America/Europe

 

285.3

 

322.9

 

33.7

 

92.9

 

Total operating segments

 

986.6

 

899.8

 

312.7

 

309.7

 

Corporate and Other

 

 

 

(63.9

)

(87.1

)

Total

 

$

986.6

 

$

899.8

 

$

248.8

 

$

222.6