In connection with the Flowserve 2.0 Transformation program, which is discussed and defined in Note 20, we have determined that there are meaningful operational synergies and benefits to combining our previously reported EPD and IPD segments into one reportable segment, FPD. During the first quarter of 2019 we implemented a reorganization of our operating segments. The reorganization of the segments reflects how our chief operating decision maker (Chief Executive Officer) regularly reviews financial information to allocate resources and assess performance. Prior periods' financial information were retrospectively adjusted to conform to the new reportable segment composition.

Our business segments share a focus on industrial flow control technology and have a high number of common customers. These segments also have complementary product offerings and technologies that are often combined in applications that provide us a net competitive advantage. Our segments also benefit from our global footprint and our economies of scale in reducing administrative and overhead costs to serve customers more cost effectively.

Our corporate headquarters does not constitute a separate division or business segment. Amounts classified as "Eliminations and All Other" include corporate headquarters costs and other minor entities that do not constitute separate segments. Intersegment sales and transfers are recorded at cost plus a profit margin, with the sales and related margin on such sales eliminated in consolidation.

The following is a summary of the financial information of our reportable segments as of and for the years ended December 31, 2019, 2018 and 2017 reconciled to the amounts reported in the consolidated financial statements.



					Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	FPD		FCD		Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	(Amounts in thousands)
Year Ended December 31, 2019:
Sales to external customers		$2,704,445	$	1,240,405	$	3,944,850	$	—		$	3,944,850
Intersegment sales	1,833		3,631		5,464		(5,464		)	—
Segment operating income (loss)	343,514		197,972		541,486		(135,446		)	406,040
Depreciation and amortization	50,845		23,577		74,422		30,059			104,481
Identifiable assets	2,974,161		1,333,926		4,308,087		611,555			4,919,642
Capital expenditures	26,450		14,449		40,899		25,271			66,170



					Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	FPD		FCD		Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	(Amounts in thousands)
Year Ended December 31, 2018:
Sales to external customers		$2,620,488	$	1,212,178	$	3,832,666	$	—		$	3,832,666
Intersegment sales	2,816		3,637		6,453		(6,453		)	—
Segment operating income (loss)	200,981		201,216		402,197		(154,659		)	247,538
Depreciation and amortization	68,148		26,585		94,733		17,740			112,473
Identifiable assets	2,768,879		1,268,717		4,037,596		578,681			4,616,277
Capital expenditures	40,648		14,458		55,106		28,887			83,993



					Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	FPD		FCD		Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	(Amounts in thousands)
Year Ended December 31, 2017:
Sales to external customers	$	2,477,738	$	1,183,093	$	3,660,831	$	—		$	3,660,831
Intersegment sales	970		5,018		5,988		(5,988		)	—
Segment operating income (loss)	112,287		323,682		435,969		(94,834		)	341,135
Depreciation and amortization	77,524		27,278		104,802		13,652			118,454
Identifiable assets	2,981,822		1,317,944		4,299,766		610,708			4,910,474
Capital expenditures	28,158		16,626		44,784		16,818			61,602

Geographic Information — We attribute sales to different geographic areas based on our facilities’ locations. Long-lived assets are classified based on the geographic area in which the assets are located and exclude deferred taxes, goodwill and intangible assets. Prior period information has been updated to conform to current year presentation. Sales and long-lived assets by geographic area are as follows:



	Year Ended December 31, 2019
	Sales		Percentage		Long-Lived Assets(a)		Percentage
	(Amounts in thousands, except percentages)
United States	$	1,637,736	41.5	%	$	464,216	47.1	%
EMA(1)	1,397,308		35.4	%	312,668		31.7	%
Asia(2)	551,759		14.0	%	143,848		14.6	%
Other(3)	358,047		9.1	%	64,846		6.6	%
Consolidated total	$	3,944,850	100.0	%	$	985,578	100.0	%

(a) Includes ROU assets recorded under operating and finance leases based on our adoption of the New Lease Standard discussed in Note 4.



	Year Ended December 31, 2018
	Sales		Percentage		Long-Lived Assets		Percentage
	(Amounts in thousands, except percentages)
United States	$	1,525,930	39.8	%	$	323,883	40.5	%
EMA(1)	1,424,498		37.2	%	280,549		35.1	%
Asia(2)	539,898		14.1	%	132,667		16.6	%
Other(3)	342,340		8.9	%	63,161		7.8	%
Consolidated total	$	3,832,666	100.0	%	$	800,260	100.0	%



	Year Ended December 31, 2017
	Sales		Percentage		Long-Lived Assets		Percentage
	(Amounts in thousands, except percentages)
United States	$	1,460,899	40.0	%	$	333,126	38.2	%
EMA(1)	1,434,506		39.2	%	321,256		36.9	%
Asia(2)	471,054		12.9	%	148,757		17.1	%
Other(3)	294,372		7.9	%	68,379		7.8	%
Consolidated total	$	3,660,831	100.0	%	$	871,518	100.0	%

Net sales to international customers, including export sales from the U.S., represented approximately 63% of total sales in both 2019 and 2018, and 64% in 2017.

Major Customer Information — We have a large number of customers across a large number of manufacturing and service facilities and do not have sales to any individual customer that represent 10% or more of consolidated sales for any of the years presented.