SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Net Sales and Earnings by Segment

Our segment net sales and earnings were as follows:



For the years ended December 31,	2019			2018			2017
Net sales:
North America	$	7,081,764		$	6,901,607		$	6,621,173
International and Other	904,488			889,462			894,253
Total	$	7,986,252		$	7,791,069		$	7,515,426

Segment income:
North America	$	2,125,861		$	2,020,082		$	2,044,218
International and Other	95,702			73,762			11,532
Total segment income	2,221,563			2,093,844			2,055,750
Unallocated corporate expense (1)	533,632			486,716			499,251
Unallocated mark-to-market gains on commodity derivatives	(28,651		)	(168,263		)	(35,292		)
Long-lived and intangible asset impairment charges (see Note 6)	112,485			57,729			208,712
Costs associated with business realignment activities (see Note 9)	9,238			51,827			69,359
Acquisition-related costs (see Note 2)	10,196			44,829			311
Gain on sale of other assets (see Note 8)	(11,289		)	(2,658		)	—
Operating profit	1,595,952			1,623,664			1,313,409
Interest expense, net	144,125			138,837			98,282
Other (income) expense, net	71,043			74,766			104,459
Income before income taxes	$	1,380,784		$	1,410,061		$	1,110,668

(1)

Includes centrally-managed (a) corporate functional costs relating to legal, treasury, finance, and human resources, (b) expenses associated with the oversight and administration of our global operations, including warehousing, distribution and manufacturing, information systems and global shared services, (c) non-cash stock-based compensation expense, and (d) other gains or losses that are not integral to segment performance.

Schedule of Unallocated Mark-to-Market (Gains) Losses on Commodity Derivatives

Activity within the unallocated mark-to-market (gains) losses on commodity derivatives is as follows:



For the years ended December 31,	2019			2018			2017
Net (gains) losses on mark-to-market valuation of commodity derivative positions recognized in income	$	(35,488	)	$	(69,379	)	$	55,734
Net gains (losses) on commodity derivative positions reclassified from unallocated to segment income	6,837			(98,884		)	(91,026		)
Net gains on mark-to-market valuation of commodity derivative positions recognized in unallocated derivative (gains) losses	$	(28,651	)	$	(168,263	)	$	(35,292	)

Schedule of Depreciation and Amortization Expense Included within Segment Income

Depreciation and amortization expense included within segment income presented above is as follows:



For the years ended December 31,	2019		2018		2017
North America	$	220,513	$	205,340	$	171,265
International and Other	29,289		35,656		42,542
Corporate (1)	41,742		54,148		48,046
Total	$	291,544	$	295,144	$	261,853

(1)

Corporate includes non-cash asset-related accelerated depreciation and amortization related to business realignment activities, as discussed in Note 9. Such amounts are not included within our measure of segment income.

Schedule of Segment Information by Geography

Additional geographic information is as follows:



For the years ended December 31,	2019		2018		2017
Net sales:
United States	$	6,722,617	$	6,535,675	$	6,263,703
Other	1,263,635		1,255,394		1,251,723
Total	$	7,986,252	$	7,791,069	$	7,515,426

Long-lived assets:
United States	$	1,717,606	$	1,668,186	$	1,575,496
Other	435,533		462,108		531,201
Total	$	2,153,139	$	2,130,294	$	2,106,697

Schedule of Revenue from External Customers by Products and Services

Additional product line information is as follows:



For the year ended December 31,	2019		2018
Net sales:
Confectionery and confectionery-based portfolio	$	7,553,954	$	7,453,364
Snacks portfolio	432,298		337,705
Total	$	7,986,252	$	7,791,069