SEGMENT INFORMATION

We report three operating segments based on the organizational structure that is used by the chief operating decision maker to evaluate performance, make decisions on resource allocation and for which discrete financial information is available. The Company’s operating segments are North America, Europe and Asia Pacific.

Measurement of Segment Income or Loss and Segment Assets

The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies in the Consolidated Financial Statements for the year ended December 31, 2017. Our measure of profitability for our operating segments is referred to as segment income. Segment income includes gross profits, segment specific realized gains and losses on derivative financial instruments, segment specific other income and expense, segment specific selling, general and administrative (“SG&A”) expense and an allocation of certain functional SG&A expenses. Segment income excludes provisions for and benefits from income taxes, restructuring items, interest, depreciation and amortization, unrealized and certain realized gains and losses on derivative financial instruments, corporate general and administrative costs, start-up costs, gains and losses on asset sales, currency exchange gains and losses on debt and certain other gains and losses. Intra-entity sales and transfers are recorded at market value. Consolidated cash, restricted cash, net capitalized debt costs, deferred tax assets and assets related to our headquarters offices are not allocated to the segments.

Reportable Segment Information

The following table shows our revenues and segment income for the periods presented in our Consolidated Statements of Comprehensive Income (Loss):



Three months ended March 31, 2018	North America		Europe		Asia Pacific		Intra-entity Revenues			Total
Revenues to external customers	$	414.6	$	356.1	$	31.6				$	802.3
Intra-entity revenues	—		9.0		—		$	(9.0	)	—
Total revenues	$	414.6	$	365.1	$	31.6	$	(9.0	)	$	802.3
Segment income	$	41.5	$	28.3	$	2.3				$	72.1

Three months ended March 31, 2017	North America		Europe		Asia Pacific		Intra-entity Revenues			Total
Revenues to external customers	$	348.5	$	302.6	$	23.1				$	674.2
Intra-entity revenues	3.1		6.4		1.1		$	(10.6	)	—
Total revenues	$	351.6	$	309.0	$	24.2	$	(10.6	)	$	674.2
Segment income	$	24.2	$	38.0	$	1.4				$	63.6

The following table reconciles total segment income to “Income (loss) before income taxes” as reported in our Consolidated Statements of Comprehensive Income (Loss):



	For the three months ended
	March 31, 2018			March 31, 2017
Total segment income	$	72.1		$	63.6
Unallocated amounts:
Depreciation and amortization	(34.7		)	(25.7		)
Other corporate general and administrative expenses	(11.2		)	(12.4		)
Restructuring charges	(0.9		)	(0.4		)
Interest expense, net	(33.8		)	(27.1		)
Unallocated gains (losses) on derivative financial instruments	33.7			(7.7		)
Unallocated currency exchange gains (losses)	1.2			(0.1		)
Start-up costs	(16.0		)	(14.5		)
Other expense, net	(0.4		)	(0.2		)
Income (loss) before income taxes	$	10.0		$	(24.5	)

The following table shows our reportable segment assets as of March 31, 2018 and December 31, 2017:



	March 31, 2018		December 31, 2017
Assets
North America	$	1,427.3	$	1,309.9
Europe	791.1		738.4
Asia Pacific	382.9		371.4
Unallocated assets	227.5		224.7
Total consolidated assets	$	2,828.8	$	2,644.4