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BUSINESS SEGMENTS (Tables)
 12 Months Ended
Dec. 28, 2018
Segment Information
Segment information for 2018, 2017 and 2016 are as follows:
(In millions)
 
 
 
 
 
 
 
 
 
 
2018
 
NSS
 
EES
 
UPS
 
Corporate (a)
 
Total
Net sales
 
$
4,347.0

 
$
2,342.7

 
$
1,710.5

 
$
—

 
$
8,400.2

Operating income (losses)
 
272.2

 
132.3

 
75.4

 
(170.2
)
 
309.7

Depreciation
 
3.8

 
2.4

 
3.6

 
21.9

 
31.7

Amortization of intangible assets
 
17.0

 
7.0

 
13.3

 
—

 
37.3

Total assets
 
2,319.3

 
1,097.4

 
905.5

 
330.9

 
4,653.1

Capital expenditures
 
8.7

 
2.0

 
6.7

 
25.0

 
42.4

2017
 
NSS
 
EES
 
UPS
 
Corporate (a)
 
Total
Net sales
 
$
4,114.4

 
$
2,225.5

 
$
1,587.5

 
$
—

 
$
7,927.4

Operating income (losses)
 
262.6

 
114.3

 
73.1

 
(137.1
)
 
312.9

Depreciation
 
3.1

 
2.4

 
3.9

 
18.8

 
28.2

Amortization of intangible assets
 
14.4

 
8.4

 
13.3

 
—

 
36.1

Total assets
 
1,947.1

 
1,068.3

 
871.4

 
365.4

 
4,252.2

Capital expenditures
 
3.7

 
1.9

 
1.7

 
33.8

 
41.1

2016
 
NSS
 
EES
 
UPS
 
Corporate (a)
 
Total
Net sales
 
$
4,083.8

 
$
2,103.2

 
$
1,435.8

 
$
—

 
$
7,622.8

Operating income (losses)
 
275.8

 
97.5

 
56.7

 
(134.5
)
 
295.5

Depreciation
 
3.2

 
2.7

 
4.2

 
17.8

 
27.9

Amortization of intangible assets
 
14.1

 
8.5

 
15.0

 
—

 
37.6

Total assets
 
1,974.0

 
983.6

 
821.9

 
313.9

 
4,093.4

Capital expenditures
 
3.4

 
2.9

 
2.5

 
23.8

 
32.6


(a)
Corporate "Total assets" primarily consists of cash and cash equivalents, deferred tax assets, and corporate fixed assets.
Schedule Of Segment Operating Income Results Table
 
 
Year Ended December 28, 2018
(In millions)
 
NSS
 
EES
 
UPS
 
Corporate
 
Total
Amortization of intangible assets
 
$
(17.0
)
 
$
(7.0
)
 
$
(13.3
)
 
$
—

 
$
(37.3
)
Restructuring charge
 
(2.1
)
 
(1.3
)
 
(0.7
)
 
(5.3
)
 
(9.4
)
Acquisition and integration costs
 
(2.6
)
 
—

 
—

 
(0.3
)
 
(2.9
)
CEO retirement agreement expense
 
—

 
—

 
—

 
(2.6
)
 
(2.6
)
U.K. facility relocation costs
 
(0.2
)
 
(0.8
)
 
—

 
—

 
(1.0
)
Total of items impacting operating expense and operating income
 
$
(21.9
)
 
$
(9.1
)
 
$
(14.0
)
 
$
(8.2
)
 
$
(53.2
)
 
 
Year Ended December 29, 2017
(In millions)
 
NSS
 
EES
 
UPS
 
Corporate
 
Total
Amortization of intangible assets
 
$
(14.4
)
 
$
(8.4
)
 
$
(13.3
)
 
$
—

 
$
(36.1
)
Restructuring charge
 
—

 
0.5

 
(0.1
)
 
(0.4
)
 
—

Acquisition and integration costs
 
—

 
—

 
—

 
(2.3
)
 
(2.3
)
Impairment of intangible assets
 
(5.7
)
 
—

 
—

 
—

 
(5.7
)
Total of items impacting operating expense and operating income
 
$
(20.1
)
 
$
(7.9
)
 
$
(13.4
)
 
$
(2.7
)
 
$
(44.1
)
 
 
Year Ended December 30, 2016
(In millions)
 
NSS
 
EES
 
UPS
 
Corporate
 
Total
Amortization of intangible assets
 
$
(14.1
)
 
$
(8.5
)
 
$
(15.0
)
 
$
—

 
$
(37.6
)
Restructuring charge
 
(1.7
)
 
(1.3
)
 
(2.1
)
 
(0.3
)
 
(5.4
)
Acquisition and integration costs
 
—

 
—

 
(0.3
)
 
(4.8
)
 
(5.1
)
UK pension settlement
 
—

 
—

 
—

 
(9.6
)
 
(9.6
)
Latin America bad debt provision
 
(3.9
)
 
(3.7
)
 
—

 
—

 
(7.6
)
Total of items impacting operating expense and operating income
 
$
(19.7
)
 
$
(13.5
)
 
$
(17.4
)
 
$
(14.7
)
 
$
(65.3
)
Revenue from External Customers by Geographic Areas
 
 
Years Ended
(In millions)
 
December 28, 2018
 
December 29, 2017
 
December 30, 2016
Sales
 
Net Sales
 
% of Total
Net Sales
 
Net Sales
 
% of Total
Net Sales
 
Net Sales
 
% of Total
Net Sales
North America
 
$
6,842.1

 
81.5
%
 
$
6,544.0

 
82.5
%
 
$
6,384.6

 
83.8
%
EMEA
 
660.3

 
7.8
%
 
626.3

 
7.9
%
 
570.1

 
7.4
%
Emerging Markets
 
897.8

 
10.7
%
 
757.1

 
9.6
%
 
668.1

 
8.8
%
Net sales
 
$
8,400.2

 
100.0
%
 
$
7,927.4

 
100.0
%
 
$
7,622.8

 
100.0
%
Long-lived Assets by Geographic Areas
(In millions)
 
December 28, 2018
 
December 29, 2017
Total assets
 
 
 
 
North America
 
$
3,709.4

 
$
3,468.3

EMEA
 
302.2

 
249.5

Emerging Markets
 
641.5

 
534.4

Total assets
 
$
4,653.1

 
$
4,252.2

(In millions)
 
December 28, 2018
 
December 29, 2017
Net property and equipment
 
 
 
 
North America
 
$
144.2

 
$
140.5

EMEA
 
9.7

 
7.2

Emerging Markets
 
9.4

 
6.6

Net property and equipment
 
$
163.3

 
$
154.3
Changes in Goodwill
The following table presents the changes in goodwill allocated to the Company's reporting units from December 30, 2016 to December 28, 2018:
(In millions)
 
NSS
 
EES
 
UPS
 
Total
Balance as of December 30, 2016
 
$
405.0

 
$
181.0

 
$
178.6

 
$
764.6

Foreign currency translation
 
3.8

 
0.7

 
9.0

 
13.5

Balance as of December 29, 2017
 
$
408.8

 
$
181.7

 
$
187.6

 
$
778.1

Acquisition related (a)
 
73.2

 
—

 
—

 
73.2

Foreign currency translation
 
(9.3
)
 
(0.8
)
 
(9.2
)
 
(19.3
)
Balance as of December 28, 2018
 
$
472.7

 
$
180.9

 
$
178.4

 
$
832.0


(a) In the second quarter of 2018, the Company completed the acquisition of security businesses in Australia and New Zealand for $150.1 million, including a preliminary net working capital adjustment of $4.6 million. The transaction was financed primarily from borrowings under the revolving lines of credit. The purchase price was preliminarily allocated to $32.6 million of working capital and $60.6 million of intangible assets. Acquisition costs were $2.6 million. The year ended 2018 results include approximately $71.9 million of sales from the acquired entities. The purchase price allocation is pending finalization, and is expected to be completed in early 2019.