SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

MJN operates in four geographic operating segments: Asia, Europe, Latin America and North America. Based on this operating segmentation, the chief operating decision maker regularly assesses information for decision making purposes, including allocation of resources. Due to similarities between North America and Europe, the Company aggregates these two operating segments into one reportable segment. As a result, the Company has three reportable segments: Asia, Latin America and North America/Europe.

Corporate and Other consists of unallocated global business support activities, including research and development, marketing, supply chain costs, and general and administrative expenses; net actuarial gains and losses related to defined benefit pension and other post-employment plans;and income or expenses incurred within the operating segments that are not reflective of underlying operations and affect the comparability of the operating segments’ results.

The following table summarizes net sales and earnings before interest and income taxes for each of the reportable segments: 

	Three Months Ended September 30,										Nine Months Ended September 30,
	Net Sales				Earnings Before Interest and Income Taxes						Net Sales				Earnings Before Interest and Income Taxes
(In millions)	2015		2014		2015			2014			2015		2014		2015			2014
Asia	$	476.8	$	561.5	$	154.2		$	186.2		$	1,571.0	$	1,729.8	$	542.1		$	623.4
Latin America	184.5		222.9		38.9			52.6			587.3		659.7		141.0			152.6
North America/Europe	316.2		306.3		101.3			66.8			946.0		925.6		264.9			200.9
Total reportable segments	977.5		1,090.7		294.4			305.6			3,104.3		3,315.1		948.0			976.9
Corporate and Other	—		—		(68.4		)	(63.0		)	—		—		(207.6		)	(198.2		)
Total	$	977.5	$	1,090.7	$	226.0		$	242.6		$	3,104.3	$	3,315.1	$	740.4		$	778.7