Business Segment Information (Tables)

12 Months Ended

Oct. 31, 2017

Segment Reporting [Abstract]

Summary of Business Segment Net Sales

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

(In millions)	2017		2016		2015
CooperVision net sales by category:
Toric lens	$	526.8	$	480.2	$	440.1
Multifocal lens	177.2		169.8		162.1
Single-use sphere lens	438.3		403.1		357.2
Non single-use sphere and other	531.8		524.1		528.4
Total CooperVision net sales	1,674.1		1,577.2		1,487.8
CooperSurgical net sales	464.9		389.6		309.3
Total net sales	$	2,139.0	$	1,966.8	$	1,797.1

Schedule of Segment Information

Information by business segment for each of the years in the three-year period ended October 31, 2017, follows:

(In millions)	CooperVision		CooperSurgical		Corporate			Consolidated
2017
Net sales	$	1,674.1	$	464.9	$	—		$	2,139.0
Operating income (loss)	$	418.4	$	58.5	$	(47.8	)	$	429.1
Interest expense								33.4
Other expense, net								1.7
Income before income taxes								$	394.0
Identifiable assets	$	3,562.6	$	1,107.5	$	188.6		$	4,858.7
Depreciation expense	$	115.0	$	4.7	$	0.3		$	120.0
Amortization expense	$	36.7	$	31.7	$	—		$	68.4
Capital expenditures	$	108.2	$	18.9	$	0.1		$	127.2
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	$	189.1		$	4,478.6
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	$	73.0		$	4,462.5
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

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, 2017, follows:

(In millions)	United States		Europe			Rest of World, Other Eliminations & Corporate			Consolidated
2017
Sales to unaffiliated customers	$	931.1	$	746.2		$	461.7		$	2,139.0
Sales between geographic areas	255.7		440.5			(696.2		)	—
Net sales	$	1,186.8	$	1,186.7		$	(234.5	)	$	2,139.0
Operating income	$	37.8	$	1.6		$	389.7		$	429.1
Long-lived assets	$	472.8	$	352.3		$	85.0		$	910.1
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	$	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