Segment Data (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables reflects the segment recast for the prior-year period and reconciles Adjusted EBITDA for reportable segments to consolidated net income (loss) attributable to Covetrus:

	At and For the Three Months Ended September 30, 2019
(In millions)	North America		Europe		APAC & Emerging Markets		Corporate			Eliminations			Total
Net sales	$	543	$	384	$	94	$	—		$	(3	)	$	1,018
Adjusted EBITDA	$	39	$	15	$	5	$	(10	)	$	—		$	49
Total assets	$	2,848	$	622	$	121	$	1,108		$	(1,371	)	$	3,328
Reconciliation of Net Loss Attributable to Covetrus to Adjusted EBITDA:
Net loss attributable to Covetrus													$	(906	)
Plus: Depreciation and amortization													41
Plus: Interest expense, net													16
Less: Income tax benefit													(60		)
Earnings before interest, taxes, depreciation and amortization													(909		)
Plus: Share-based compensation													10
Plus: Formation of Covetrus													14
Plus: IT infrastructure													2
Plus: Goodwill impairment													939
Less: Minority interest in goodwill impairment													(3		)
Less: Other income items													(4		)
Adjusted EBITDA													$	49

	At and For the Three Months Ended September 30, 2018
(In millions)	North America		Europe		APAC & Emerging Markets		Corporate			Eliminations			Total
Net sales	$	479	$	351	$	95	$	—		$	(2	)	$	923
Adjusted EBITDA	$	42	$	16	$	5	$	(10	)	$	—		$	53
Total assets	$	1,310	$	688	$	196	$	12		$	(4	)	$	2,202
Reconciliation of Net Income Attributable to Covetrus to Adjusted EBITDA:
Net income attributable to Covetrus													$	16
Plus: Depreciation and amortization													16
Plus: Income tax expense													19
Earnings before interest, taxes, depreciation and amortization													51
Plus: Share-based compensation													$	2
Adjusted EBITDA													$	53

	For the Nine Months Ended September 30, 2019
(In millions)	North America		Europe		APAC & Emerging Markets		Corporate			Eliminations			Total
Net sales	$	1,592	$	1,114	$	270	$	—		$	(8	)	$	2,968
Adjusted EBITDA	$	117	$	50	$	14	$	(27	)	$	—		$	154
Reconciliation of Net Loss Attributable to Covetrus to Adjusted EBITDA:
Net loss attributable to Covetrus													$	(929	)
Plus: Depreciation and amortization													113
Plus: Interest expense, net													41
Less: Income tax benefit													(60		)
Earnings before interest, taxes, depreciation and amortization													(835		)
Plus: Share-based compensation													35
Plus: Formation of Covetrus													27
Plus: Carve-out operating expenses													5
Plus: IT infrastructure													4
Plus: Goodwill impairment													939
Less: Minority interest in goodwill impairment													(3		)
Less: Other income items													(18		)
Adjusted EBITDA													$	154
	For the Nine Months Ended September 30, 2018
(In millions)	North America		Europe		APAC & Emerging Markets		Corporate			Eliminations			Total
Net sales	$	1,479	$	1,113	$	291	$	—		$	(8	)	$	2,875
Adjusted EBITDA	$	121	$	56	$	16	$	(29	)	$	—		$	164
Reconciliation of Net Income Attributable to Covetrus to Adjusted EBITDA:
Net income attributable to Covetrus													$	67
Plus: Depreciation and amortization													49
Plus: Interest expense, net													1
Plus: Income tax expense													33
Earnings before interest, taxes, depreciation and amortization													150
Plus: Share-based compensation													6
Plus: Restructuring costs													8
Adjusted EBITDA													$	164