Segment information

12 Months Ended

Dec. 31, 2011

Segment Reporting [Abstract]

Segment information

Note 2 – Segment Information

We identify our operating segments based on how resources are allocated and operating decisions are made. Management evaluates performance and allocates resources based on operating profit or loss, excluding non-segment expenses. Under the criteria set forth in FASB ASC 280, Segment Reporting, we have four geographic operating segments, which are aggregated into two reportable segments: International and North America. We currently serve customers in more than 100 countries, including approximately 50 countries where we operate subsidiaries.

The primary services of the reportable segments include:

• Cash-in-transit (“CIT”) – armored vehicle transportation
• Automated teller machine (“ATM”) – replenishment and servicing, network infrastructure services
• Global Services – transportation of valuables globally
• Cash Logistics – supply chain management of cash
• Payment Services – consumers pay utility and other bills at payment locations
• Guarding Services – including airport security

			Years Ended December 31,
(In millions)			2011	2010	2009
Revenues by Business Segment
International		$	2,911.3	2,203.7	2,240.9
North America			974.2	917.8	894.1
Total		$	3,885.5	3,121.5	3,135.0
Operating Profit by Business Segment
International		$	199.7	164.8	156.8
North America			31.4	44.1	56.6
	Business segments		231.1	208.9	213.4
Non-segment			(59.8)	(62.6)	(46.6)
Total		$	171.3	146.3	166.8

Capital Expenditures by Business Segment
International		$	144.8	110.7	103.1
North America			51.4	38.1	67.5
Total		$	196.2	148.8	170.6
Depreciation and Amortization by Business Segment
Depreciation and amortization of property and equipment:
	International	$	96.9	84.5	88.5
	North America		54.6	43.0	36.6
	Property and equipment		151.5	127.5	125.1
Amortization of intangible assets:
	International		8.9	8.1	9.0
	North America		2.0	1.0	1.0
Total		$	162.4	136.6	135.1

			December 31,
(In millions)			2011	2010	2009
Assets held by Business Segment
International		$	1,565.9	1,531.7	1,265.5
North America			468.6	426.8	335.4
	Business Segments		2,034.5	1,958.5	1,600.9
Non-segment			371.7	312.0	278.9
Total		$	2,406.2	2,270.5	1,879.8

			December 31,
(In millions)			2011	2010	2009
Long-Lived Assets by Geographic Area (a)
Non-U.S.:
	France	$	149.9	159.9	167.2
	Mexico		123.9	118.5	-
	Brazil		100.9	99.8	96.5
	Venezuela		43.5	38.3	33.2
	Other		425.4	424.5	372.8
	Subtotal		843.6	841.0	669.7
United States			200.8	185.4	162.9
Total		$	1,044.4	1,026.4	832.6
(a) Long-lived assets include property and equipment, net; goodwill; and other intangible assets, net.
			Years Ended December 31,
(In millions)			2011	2010	2009
Revenues by Geographic Area (a)
Outside the U.S.:
	France	$	567.2	533.0	615.2
	Mexico		415.2	51.7	-
	Brazil		386.8	303.3	257.6
	Venezuela		269.2	185.9	376.1
	Other		1,513.6	1,304.1	1,154.5
	Subtotal		3,152.0	2,378.0	2,403.4
United States			733.5	743.5	731.6
Total		$	3,885.5	3,121.5	3,135.0

• Revenues are recorded in the country where service is initiated or performed. No single customer represents more than 10% of total revenue.

		December 31,
(In millions)		2011	2010	2009
Net assets outside the U.S.
Latin America	$	376.9	346.4	261.1
Europe , Middle East and Africa		285.2	271.2	300.9
Asia Pacific		98.6	94.8	87.8
Other		(68.3)	75.2	34.8
Total	$	692.4	787.6	684.6

(In millions)		2011	2010	2009
Information about Unconsolidated Equity Affiliates held by International Segment
Carrying value of investments at year end	$	12.8	11.5	10.2
Share of earnings included in Brink's consolidated earnings during the year		4.8	3.9	4.5
Undistributed earnings at year end		7.1	5.7	5.3