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Segment Information
9 Months Ended
Oct. 02, 2020
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The Company operates and reports its results in two separate business segments, the Specialty Products & Technologies and Equipment & Consumables segments. When determining the reportable segments, the Company aggregated operating segments based on their similar economic and operating characteristics. Operating profit represents total revenues less operating expenses, excluding nonoperating income (expense) and income taxes. Operating profit amounts in the Other segment consist of unallocated corporate costs and other costs not considered part of management’s evaluation of reportable segment operating performance. The identifiable assets by segment are those used in each segment’s operations. Inter-segment amounts are not significant and are eliminated to arrive at consolidated totals.

The Company’s Specialty Products & Technologies products include implants, prosthetics, orthodontic brackets, aligners and lab products. The Company’s Equipment & Consumables products include traditional consumables such as bonding agents and cements, impression materials, infection prevention products and restorative products, while the Company’s equipment products include treatment units, instruments, digital imaging systems, software and other visualization and magnification systems.

Segment related information is shown below ($ in millions):

Three Months EndedNine Months Ended
October 2, 2020September 27, 2019October 2, 2020September 27, 2019
Sales:
Specialty Products & Technologies$316.9 $317.8 $774.1 $1,013.9 
Equipment & Consumables323.6 341.5 775.6 1,017.2 
Total$640.5 $659.3 $1,549.7 $2,031.1 
Operating profit (loss) and reconciliation to income (loss) before income taxes:
Specialty Products & Technologies$43.2 $54.6 $31.8 $175.2 
Equipment & Consumables45.0 31.1 (28.1)48.1 
Other(18.8)(7.0)(67.2)(23.8)
Operating profit (loss)69.4 78.7 (63.5)199.5 
Nonoperating income (expense):
Other income0.2 0.2 0.4 1.6 
Interest expense, net(23.4)(0.2)(41.2)(0.2)
Income (loss) before income taxes$46.2 $78.7 $(104.3)$200.9 
October 2, 2020December 31, 2019
Identifiable assets:
Specialty Products & Technologies$3,716.1 $3,662.5 
Equipment & Consumables2,159.4 2,256.6 
Other730.2 239.2 
Total$6,605.7 $6,158.3