Business Segment Information (Tables)

12 Months Ended

Oct. 31, 2018

Segment Reporting [Abstract]

Summary of Business Segment Net Sales

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

(In millions)	2018		2017		2016
CooperVision net sales by category:
Toric lens	$	591.4	$	526.8	$	480.2
Multifocal lens	196.6		177.2		169.8
Single-use sphere lens	520.1		438.3		403.1
Non single-use sphere and other	573.9		531.8		524.1
Total CooperVision net sales	1,882.0		1,674.1		1,577.2
CooperSurgical net sales	650.8		464.9		389.6
Total net sales	$	2,532.8	$	2,139.0	$	1,966.8

Schedule of Segment Information

Information by business segment for each of the years in the three-year period ended October 31, 2018, follows:

(In millions)	CooperVision		CooperSurgical			Corporate			Consolidated
2018
Net sales	$	1,882.0	$	650.8		$	—		$	2,532.8
Operating income (loss)	$	479.8	$	(19.9	)	$	(56.8	)	$	403.1
Interest expense									82.7
Other (income), net									(11.5		)
Income before income taxes									$	331.9
Identifiable assets	$	3,746.0	$	2,201.7		$	165.1		$	6,112.8
Depreciation expense	$	120.1	$	8.1		$	0.2		$	128.4
Amortization expense	$	43.6	$	103.1		$	—		$	146.7
Capital expenditures	$	178.4	$	15.1		$	0.1		$	193.6
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

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, 2018, follows:

(In millions)	United States			Europe			Rest of World, Other Eliminations & Corporate			Consolidated
2018
Sales to unaffiliated customers	$	1,162.2		$	846.5		$	524.1		$	2,532.8
Sales between geographic areas	274.3			407.1			(681.4		)	—
Net sales	$	1,436.5		$	1,253.6		$	(157.3	)	$	2,532.8
Operating income (loss)	$	(39.3	)	$	(16.8	)	$	459.2		$	403.1
Long-lived assets	$	516.7		$	340.7		$	118.6		$	976.0
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