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Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reconciliation of Segment Information to Total Consolidated Information
Presented in the table below is segment information for the periods identified and a reconciliation of segment information to total consolidated information.
(In millions)
North America
 
Europe
 
Rest of World
 
Eliminations
 
Consolidated
Three Months Ended September 30, 2019
 
 
 
 
 
 
 
 
 
Net sales
$
1,088.6

 
$
1,045.9

 
$
793.7

 
$

 
$
2,928.2

Other revenue
17.6

 
3.8

 
12.1

 

 
33.5

Intersegment revenue
13.9

 
23.2

 
134.0

 
(171.1
)
 

Total
$
1,120.1

 
$
1,072.9

 
$
939.8

 
$
(171.1
)
 
$
2,961.7

 
 
 
 
 
 
 
 
 
 
Segment profitability
$
489.9

 
$
325.1

 
$
170.3

 
$

 
$
985.3

 
 
 
 
 
 
 
 
 
 
Intangible asset amortization expense
 
 
 
 
 
 
 
 
(405.6
)
Intangible asset impairment charges
 
 
 
 
 
 
 
 
(1.9
)
Globally managed research and development costs
 
 
 
 
 
 
 
 
(47.3
)
Corporate costs and special items
 
 
 
 
 
 
 
 
(258.7
)
Litigation settlements & other contingencies
 
 
 
 
 
 
 
 
51.9

Earnings from operations
 
 
 
 
 
 
 
 
$
323.7

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2019
 
 
 
 
 
 
 
 
 
Net sales
$
3,035.0

 
$
2,930.7

 
$
2,241.3

 
$

 
$
8,207.0

Other revenue
58.8

 
12.3

 
30.6

 

 
101.7

Intersegment revenue
64.6

 
66.3

 
382.1

 
(513.0
)
 

Total
$
3,158.4

 
$
3,009.3

 
$
2,654.0

 
$
(513.0
)
 
$
8,308.7

 
 
 
 
 
 
 
 
 
 
Segment profitability
$
1,342.3

 
$
723.7

 
$
435.2

 
$

 
$
2,501.2

 
 
 
 
 
 
 
 
 
 
Intangible asset amortization expense
 
 
 
 
 
 
 
 
(1,210.3
)
Intangible asset impairment charges
 
 
 
 
 
 
 
 
(71.8
)
Globally managed research and development costs
 
 
 
 
 
 
 
 
(167.8
)
Corporate costs and special items
 
 
 
 
 
 
 
 
(638.4
)
Litigation settlements & other contingencies
 
 
 
 
 
 
 
 
30.3

Earnings from operations
 
 
 
 
 
 
 
 
$
443.2

(In millions)
North America
 
Europe
 
Rest of World
 
Eliminations
 
Consolidated
Three Months Ended September 30, 2018
 
 
 
 
 
 
 
 
 
Net sales
$
1,012.3

 
$
1,041.3

 
$
773.7

 
$

 
$
2,827.3

Other revenue
20.9

 
7.4

 
6.8

 

 
35.1

Intersegment revenue
19.5

 
23.2

 
97.3

 
(140.0
)
 

Total
$
1,052.7

 
$
1,071.9

 
$
877.8

 
$
(140.0
)
 
$
2,862.4

 
 
 
 
 
 
 
 
 
 
Segment profitability
$
446.0

 
$
310.5

 
$
194.6

 
$

 
$
951.1

 
 
 
 
 
 
 
 
 
 
Intangible asset amortization expense
 
 
 
 
 
 
 
 
(412.2
)
Intangible asset impairment charges
 
 
 
 
 
 
 
 
(15.5
)
Globally managed research and development costs
 
 
 
 
 
 
 
 
(61.9
)
Corporate costs and special items
 
 
 
 
 
 
 
 
(143.7
)
Litigation settlements & other contingencies
 
 
 
 
 
 
 
 
20.4

Earnings from operations
 
 
 
 
 
 
 
 
$
338.2

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2018
 
 
 
 
 
 
 
 
 
Net sales
$
2,998.4

 
$
3,070.3

 
$
2,164.5

 
$

 
$
8,233.2

Other revenue
84.5

 
19.8

 
17.7

 

 
122.0

Intersegment revenue
55.5

 
74.2

 
287.1

 
(416.8
)
 

Total
$
3,138.4

 
$
3,164.3

 
$
2,469.3

 
$
(416.8
)
 
$
8,355.2

 
 
 
 
 
 
 
 
 
 
Segment profitability
$
1,281.3

 
$
806.8

 
$
475.2

 
$

 
$
2,563.3

 
 
 
 
 
 
 
 
 
 
Intangible asset amortization expense
 
 
 
 
 
 
 
 
(1,191.9
)
Intangible asset impairment charges
 
 
 
 
 
 
 
 
(87.5
)
Globally managed research and development costs
 
 
 
 
 
 
 
 
(213.6
)
Corporate costs and special items
 
 
 
 
 
 
 
 
(448.1
)
Litigation settlements & other contingencies
 
 
 
 
 
 
 
 
50.6

Earnings from operations
 
 
 
 
 
 
 
 
$
672.8