Business Segment Information (Tables)

12 Months Ended

Oct. 31, 2016

Segment Reporting [Abstract]

Summary of Business Segment Net Sales

The following table presents a summary of our business segment net sales:

(In millions)	2016		2015		2014
CooperVision net sales by category:
Toric lens	$	480.2	$	440.1	$	428.6
Multifocal lens	169.8		162.1		147.0
Single-use sphere lens	403.1		357.2		306.6
Non single-use sphere and other	524.1		528.4		510.4
Total CooperVision net sales	1,577.2		1,487.8		1,392.6
CooperSurgical net sales	389.6		309.3		325.2
Total net sales	$	1,966.8	$	1,797.1	$	1,717.8

Schedule of Segment Information

Information by business segment for each of the years in the three-year period ended October 31, 2016, follows:

(In millions)	CooperVision		CooperSurgical		Corporate			Consolidated
2016
Net sales	$	1,577.2	$	389.6	$	—		$	1,966.8
Operating income (loss)	$	309.8	$	60.2	$	(45.9	)	$	324.1
Interest expense								26.2
Other expense, net								2.3
Income before income taxes								$	295.6
Identifiable assets	$	3,382.4	$	907.1	$	186.4		$	4,475.9
Depreciation expense	$	131.3	$	5.9	$	0.3		$	137.5
Amortization expense	$	40.1	$	20.7	$	—		$	60.8
Capital expenditures	$	142.8	$	9.8	$	—		$	152.6
2015
Net sales	$	1,487.8	$	309.3	$	—		$	1,797.1
Operating income (loss)	$	229.8	$	56.1	$	(49.2	)	$	236.7
Interest expense								18.1
Other expense, net								3.1
Income before income taxes								$	215.5
Identifiable assets	$	3,714.6	$	674.9	$	70.4		$	4,459.9
Depreciation expense	$	134.0	$	5.6	$	0.3		$	139.9
Amortization expense	$	36.6	$	14.9	$	—		$	51.5
Capital expenditures	$	238.3	$	4.6	$	0.1		$	243.0
2014
Net sales	$	1,392.6	$	325.2	$	—		$	1,717.8
Operating income (loss)	$	289.0	$	69.0	$	(51.5	)	$	306.5
Interest expense								8.0
Other expense, net								2.0
Income before income taxes								$	296.5
Identifiable assets	$	3,699.6	$	646.2	$	112.5		$	4,458.3
Depreciation expense	$	95.5	$	6.5	$	0.5		$	102.5
Amortization expense	$	22.7	$	13.0	$	—		$	35.7
Capital expenditures	$	233.6	$	4.2	$	0.3		$	238.1

Schedule of Information by Geographical Area by Country of Domicile

Information by geographical area by country of domicile for each of the years in the three-year period ended October 31, 2016, follows:

(In millions)	United States		Europe			Rest of World, Other Eliminations & Corporate			Consolidated
2016
Sales to unaffiliated customers	$	886.5	$	681.1		$	399.2		$	1,966.8
Sales between geographic areas	254.7		464.1			(718.8		)	—
Net sales	$	1,141.2	$	1,145.2		$	(319.6	)	$	1,966.8
Operating income (loss)	$	77.7	$	6.0		$	240.4		$	324.1
Long-lived assets	$	464.1	$	334.4		$	79.2		$	877.7
2015
Sales to unaffiliated customers	$	811.9	$	647.3		$	337.9		$	1,797.1
Sales between geographic areas	250.0		493.1			(743.1		)	—
Net sales	$	1,061.9	$	1,140.4		$	(405.2	)	$	1,797.1
Operating income (loss)	$	30.7	$	(37.6	)	$	243.6		$	236.7
Long-lived assets	$	494.2	$	407.9		$	65.0		$	967.1
2014
Sales to unaffiliated customers	$	773.8	$	582.4		$	361.6		$	1,717.8
Sales between geographic areas	230.6		346.0			(576.6		)	—
Net sales	$	1,004.4	$	928.4		$	(215.0	)	$	1,717.8
Operating income	$	47.8	$	(10.3	)	$	269.0		$	306.5
Long-lived assets	$	499.2	$	406.4		$	31.7		$	937.3