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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2019
SEGMENT INFORMATION  
Schedule of 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

 

Schedule of earnings (loss) from Continuing Operations before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

    

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.

Schedule of total Assets

 

 

 

 

 

 

 

 

 

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

 

Schedule of Intersegment sales

 

 

 

 

 

 

 

 

 

 

 

    

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

 

Schedule of Depreciation and Amortization

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Schedule of Capital Expenditures

 

 

 

 

 

 

 

 

 

 

 

    

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

 

Schedule of Sales by Destination

 

 

 

 

 

 

 

 

 

 

 

    

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

 

Schedule of 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


(1)

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.

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