Segments

3 Months Ended

Mar. 31, 2012

Segments

Segments

Note 13                  Segments

Our reportable segments reflect the manner in which our chief operating decision maker reviews the business.  Our Chief Executive Officer acts as our chief operating decision maker.  Revenue and expense attributable to intercompany transaction are eliminated to reconcile our reportable segment amounts to consolidated amounts, as reported in our consolidated statements of comprehensive income.  In addition to the reportable segments, we separately report corporate unallocated expenses, which are expenses not directly attributable to business unit performance.  Similarly, we separately report the effects of goodwill and intangible asset impairment charges, certain purchase accounting related fair value adjustments and other operating items, net because our chief operating decision maker does not factor these items when assessing business unit performance.

Reportable Segment Financial Information:

	Successor Company
	Three months ended March 31,
	2012			2011
Revenue
North America	$	103.4		$	130.9
Europe	95.8			121.5
Asia Pacific & Latin America	51.0			57.8
Intercompany eliminations	(1.3		)	(1.8		)
Fair value adjustments (a)	(7.1		)	(24.6		)
Total revenue	$	241.8		$	283.8
Operating (loss) income
North America	$	(6.4	)	$	0.6
Europe	(18.1		)	(11.4		)
Asia Pacific & Latin America	(2.9		)	1.8
Corporate unallocated	(24.9		)	(23.4		)
Fair value adjustments (a)	(3.7		)	(17.1		)
Other operating items, net (b)	(0.8		)	(4.6		)
Operating loss	$	(56.8	)	$	(54.1	)

(a)Fair value adjustments include the amortization of the fair value reduction to unearned revenue and related deferred cost accounts, which resulted from the application of fresh start accounting upon our emergence from bankruptcy.

(b)Items included in other operating items, net consist of the following: (i) restructuring charges, representing the streamlining of our organizational structure; (ii) professional, contractual charges and other periodic costs related to the strategic repositioning of our businesses; (iii) gain or loss on the sale or disposal of assets; and (iv) pension curtailments.