(17) SEGMENT INFORMATION

The primary measure used for assessing segment performance and making operating decisions is earnings before interest and income taxes. Beginning with the first quarter of 2019, the segment performance measure excludes certain costs that support global product platform development and digital as a result of a change in the way we evaluate the performance of operations, develop strategy and allocate capital resources. Such costs are now included in Corporate and other. We also revised our sales by product and service offering categories during the first quarter of 2019. As noted below, certain prior year comparative segment measurements have been restated in the tables below to conform with the 2019 presentation.

The segment performance measure excludes corporate and other costs which consist of headquarters management costs, stock-based compensation, interest expense, other incentive compensation, global digital costs, and costs that support global product platform development and offering management. Intersegment selling prices approximate market prices. Summarized information about the Company’s results of operations by business segment and product and service offering follows:

Americas includes products and services sold for applications within the data center, communication networks and commercial/industrial markets in North America and Latin America. This segment’s principal product and service offerings include:

Critical infrastructure and solutions includes AC and DC power management thermal management, modular hyperscale type data center sites, as well as hardware for managing IT equipment;

I.T. and edge infrastructure includes racks, rack power, rack power distribution, rack thermal systems, and configurable integrated solutions; and

Services and software solutions includes preventative maintenance, acceptance testing, engineering and consulting, performance assessments, remote monitoring, training, spare parts, and digital critical infrastructure software.

Asia Pacific includes products and services sold for applications within the data center, communication networks and commercial/industrial markets throughout China, India and the rest of Asia. Products and services offered are similar to the Americas segment.

Europe, Middle East & Africa includes products and services sold for applications within the data center, communication networks and commercial/industrial markets in Europe, Middle East & Africa. Products and services offered are similar to the Americas segment.

Business Segments


	December 31,		December 31,		December 31,
Sales	2019		2018		2017
Americas	$	2,251.4	$	2,175.6	$	1,886.7
Asia Pacific		1,378.0		1,346.9		1,239.5
Europe, Middle East & Africa		976.0		938.0		918.1
		4,605.4		4,460.5		4,044.3
Eliminations		(174.2)		(174.9)		(164.9)
Total	$	4,431.2	$	4,285.6	$	3,879.4


	December 31,		December 31,		December 31,
Earnings (loss) from Continuing Operations before income taxes	2019		2018(1)		2017(1)
Americas	$	354.3	$	301.0	$	241.8
Asia Pacific		150.0		136.6		64.2
Europe, Middle East & Africa		64.3		29.8		45.4
		568.6		467.4		351.4
Corporate and other		(362.5)		(449.6)		(379.2)
Interest expense, net		(310.4)		(288.8)		(379.3)
Total	$	(104.3)	$	(271.0)	$	(407.1)

(1)

Beginning with the first quarter of 2019, the segment performance measure excludes certain costs that support global product platform development and digital as a result of a change in the way we evaluate the performance of operations, develop strategy and allocate capital resources. Such costs are now included in Corporate and other. Comparative segment measurements for the years ended December 31, 2018 and 2017 have been adjusted by $156.4 and $159.6 in Americas, $16.8 and $14.4 in APAC, and $35.6 and $32.4 in EMEA, respectively, to reflect this modification.


	December 31,		December 31,
Total Assets	2019		2018
Americas	$	2,296.4	$	2,410.1
Asia Pacific		1,152.2		1,165.5
Europe, Middle East & Africa		947.5		980.3
		4,396.1		4,555.9
Corporate and other		261.3		238.5
Total	$	4,657.4	$	4,794.4


	December 31,		December 31,		December 31,
Intersegment sales	2019		2018		2017
Americas	$	22.3	$	29.9	$	25.3
Asia Pacific		100.0		102.7		90.5
Europe, Middle East & Africa		51.9		42.3		49.1
Total	$	174.2	$	174.9	$	164.9


	December 31,		December 31,		December 31,
Depreciation and Amortization	2019		2018		2017
Americas	$	122.2	$	130.7	$	178.1
Asia Pacific		35.4		37.8		67.1
Europe, Middle East & Africa		24.0		35.8		39.9
Corporate and other		21.3		12.7		0.9
Total	$	202.9	$	217.0	$	286.0


	December 31,		December 31,		December 31,
Capital Expenditures	2019		2018		2017
Americas	$	23.5	$	23.6	$	13.8
Asia Pacific		11.3		14.5		8.9
Europe, Middle East & Africa		10.0		21.7		13.4
Corporate and other		2.8		4.8		0.6
Total	$	47.6	$	64.6	$	36.7

Geographic information


	December 31,		December 31,		December 31,
Sales by Destination	2019		2018		2017
United States and Canada	$	2,017.4	$	1,942.3	$	1,692.0
Europe		763.9		740.8		704.9
Asia		1,285.6		1,264.9		1,159.7
Latin America		213.0		195.9		174.4
Middle East/Africa		151.3		141.7		148.4
Total	$	4,431.2	$	4,285.6	$	3,879.4

Sales in the U.S. were $1,892.4, $1,831.1,and $1,594.2 for the years ended December 31, 2019, 2018, and 2017, respectively, while sales in China were $669.2, $644.5, and $630.2, respectively.

Sales by Product and Service Offering


	December 31,		December 31,		December 31,
Sales	2019		2018 (2)		2017 (2)
Critical infrastructure & solutions	$	2,632.6	$	2,451.8	$	2,136.5
Service & software solutions (3)		1,298.9		1,276.1		1,215.9
I.T. and Edge infrastructure		499.7		557.7		527.0
Total	$	4,431.2	$	4,285.6	$	3,879.4

(2)

Beginning with the first quarter of 2019, we revised our sales by product and service offering categories from four categories to three. Product and service offerings have been adjusted for years ended December 31, 2018 and 2017 to reflect this modification.

(3)

Includes product sales managed within the service and software solutions line of business for internal purposes.