Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

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, 2020
Net sales	$	1,028.8	$	1,123.8	$	795.5	$	—	$	2,948.1
Other revenue	17.4		3.4		3.2		—		24.0
Intersegment revenue	39.3		23.6		126.6		(189.5)		—
Total	$	1,085.5	$	1,150.8	$	925.3	$	(189.5)	$	2,972.1
Segment profitability	$	497.9	$	348.1	$	120.3	$	—	$	966.3
Intangible asset amortization expense									(368.1)
Globally managed research and development costs									(31.0)
Corporate costs and special items									(196.9)
Litigation settlements & other contingencies									(18.9)
Earnings from operations									$	351.4
Nine Months Ended September 30, 2020
Net sales	$	3,023.3	$	3,080.7	$	2,128.2	$	—	$	8,232.2
Other revenue	51.8		11.1		27.4		—		90.3
Intersegment revenue	133.4		83.2		387.9		(604.5)		—
Total	$	3,208.5	$	3,175.0	$	2,543.5	$	(604.5)	$	8,322.5
Segment profitability	$	1,447.5	$	873.2	$	321.6	$	—	$	2,642.3
Intangible asset amortization expense									(1,070.9)
Globally managed research and development costs									(121.0)
Corporate costs and special items									(743.6)
Litigation settlements & other contingencies									(36.5)
Earnings from operations									$	670.3

(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