XML 34 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information
6 Months Ended
Jun. 29, 2018
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company operates and reports its results in four separate business segments consisting of the Life Sciences, Diagnostics, Dental and Environmental & Applied Solutions 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 and expense, interest and income taxes. Intersegment amounts are not significant and are eliminated to arrive at consolidated totals. 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. There has been no material change in total assets or liabilities by segment since December 31, 2017, with the exception of the inclusion of IDT in the Life Sciences segment in April 2018 (refer to Note 3 for additional information).
Segment results are shown below ($ in millions):
 
Three-Month Period Ended
 
Six-Month Period Ended
 
June 29, 2018
 
June 30, 2017
 
June 29, 2018
 
June 30, 2017
Sales:
 
 
 
 
 
 
 
Life Sciences
$
1,605.2

 
$
1,384.3

 
$
3,081.2

 
$
2,692.4

Diagnostics
1,550.9

 
1,440.0

 
3,070.6

 
2,767.3

Dental
733.4

 
702.6

 
1,406.0

 
1,358.1

Environmental & Applied Solutions
1,091.5

 
983.2

 
2,118.6

 
1,898.0

Total
$
4,981.0

 
$
4,510.1

 
$
9,676.4

 
$
8,715.8

 
 
 
 
 
 
 
 
Operating profit:
 
 
 
 
 
 
 
Life Sciences
$
291.5

 
$
221.6

 
$
562.8

 
$
433.2

Diagnostics
274.3

 
157.6

 
522.3

 
312.2

Dental
104.8

 
109.8

 
155.7

 
199.2

Environmental & Applied Solutions
251.0

 
235.2

 
478.2

 
443.2

Other
(54.1
)
 
(47.5
)
 
(108.5
)
 
(94.1
)
Total
$
867.5

 
$
676.7

 
$
1,610.5

 
$
1,293.7