Segment Reporting

3 Months Ended

Aug. 31, 2014

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting.

The Company operates in one reportable segment, musculoskeletal products, which includes the designing, manufacturing and marketing of knees; hips; sports, extremities and trauma (“S.E.T.”); spine, bone healing and microfixation; dental; and cement, biologics and other products. Other products consist primarily of general instruments and operating room supplies. The Company operates in various geographies. These geographic markets are comprised of the United States, Europe and International. Major markets included in the International geographic market are Canada, Latin America and the Asia Pacific region.

Net sales by product category for the three months ended August 31, 2014 and 2013 were as follows:

	Three Months Ended
(in millions)	August 31, 2014		August 31, 2013
Net sales by product:
Knees	$	234.7	$	225.1
Hips	155.3		149.7
S.E.T.	154.5		149.5
Spine, Bone Healing and Microfixation	122.8		101.6
Dental	53.7		53.9
Cement, Biologics and Other	53.8		50.9
Total	$	774.8	$	730.7

Net sales by geography for the three months endedAugust 31, 2014 and 2013 were as follows:

	Three Months Ended
(in millions)	August 31, 2014		August 31, 2013
Net sales by geography:
United States	$	495.1	$	469.9
Europe	161.3		151.5
International(1)	118.4		109.3
Total	$	774.8	$	730.7

(1) International primarily includes Canada, Latin America and the Asia Pacific region.

Long-term assets by geography as of August 31, 2014, May 31, 2014 and 2013 were as follows:

(in millions)	August 31, 2014		May 31, 2014		May 31, 2013
Long-term assets(1) by geography:
United States	$	409.3	$	396.9	$	336.8
Europe	185.8		241.4		255.7
International	128.2		77.7		72.7
Total	$	723.3	$	716.0	$	665.2

(1) Defined as property, plant and equipment.