Segment Information

12 Months Ended

Dec. 31, 2012

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:

• armored vehicle transportation, which we refer to as cash-in-transit (“CIT”)
• automated teller machine - replenishment and servicing, and network infrastructure services (“ATM Services”)
• secure international transportation of valuables (“Global Services”)
• supply chain management of cash (“Cash Management Services”) including cash logistics services, deploying and servicing safes and safe control devices (e.g., our patented CompuSafe® service), coin sorting and wrapping, integrated check and cash processing services (“Virtual Vault Services”)
• bill payment acceptance and processing services to utility companies and other billers (“Payment Services”)
• security and guarding services (including airport security)

			Years Ended December 31,
(In millions)			2012	2011	2010
Revenues by Business Segment
International		$	2,896.7	2,792.1	2,058.4
North America			945.4	974.2	917.8
Total		$	3,842.1	3,766.3	2,976.2
Operating Profit by Business Segment
International		$	227.6	227.9	195.0
North America			32.5	31.4	44.1
	Business segments		260.1	259.3	239.1
Non-segment			(88.9)	(59.8)	(62.6)
Total		$	171.2	199.5	176.5

Capital Expenditures by Business Segment
International		$	130.3	140.6	99.7
North America			54.2	51.4	38.1
Total		$	184.5	192.0	137.8
Depreciation and Amortization by Business Segment
Depreciation and amortization of property and equipment:
	International	$	95.1	91.6	74.5
	North America		61.5	54.6	43.0
	Property and equipment		156.6	146.2	117.5
Amortization of intangible assets:
	International		7.2	8.4	8.1
	North America		1.7	2.0	1.0
Total		$	165.5	156.6	126.6

			December 31,
(In millions)			2012	2011	2010
Assets held by Business Segment
International		$	1,708.5	1,565.9	1,531.7
North America			480.5	468.6	426.8
	Business Segments		2,189.0	2,034.5	1,958.5
Non-segment			364.9	371.7	312.0
Total		$	2,553.9	2,406.2	2,270.5

			December 31,
(In millions)			2012	2011	2010
Long-Lived Assets by Geographic Area (a)
Non-U.S.:
	France	$	163.5	149.9	159.9
	Mexico		145.3	123.9	118.5
	Brazil		95.6	100.9	99.8
	Canada		90.8	87.3	83.6
	Venezuela		46.7	43.5	38.3
	Other		348.8	338.1	340.9
	Subtotal		890.7	843.6	841.0
United States			203.0	200.8	185.4
Total		$	1,093.7	1,044.4	1,026.4
(a) Long-lived assets include property and equipment, net; goodwill; and other intangible assets, net.
			Years Ended December 31,
(In millions)			2012	2011	2010
Revenues by Geographic Area (a)
Outside the U.S.:
	France	$	535.5	545.2	508.6
	Mexico		424.0	415.2	51.7
	Brazil		388.3	386.8	303.3
	Venezuela		342.6	269.2	185.9
	Canada		238.7	240.7	185.4
	Other		1,206.3	1,175.7	1,008.9
	Subtotal		3,135.4	3,032.8	2,243.8
United States			706.7	733.5	732.4
Total		$	3,842.1	3,766.3	2,976.2

• 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)		2012	2011	2010
Net assets outside the U.S.
Latin America	$	438.2	376.9	346.4
Europe, Middle East and Africa		272.1	283.4	288.2
Asia Pacific		89.1	85.8	82.0
Canada		43.2	56.8	58.7
Total	$	842.6	802.9	775.3

(In millions)		2012	2011	2010
Information about Unconsolidated Equity Affiliates held by International Segment
Carrying value of investments at year end	$	15.6	12.8	11.5
Share of earnings included in Brink's consolidated earnings during the year		6.0	4.8	3.9
Undistributed earnings at year end		8.8	7.1	5.7