Segment Information

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment information

Note 2 – Segment Information

We identify our operating segments based on how ourchief operating decision maker (“CODM”) allocates resources, assesses performance and makes decisions. Our CODM is our President, and Chief Executive Officer. Our CODM evaluates performance and allocates resources based on operating profit or lossfor the geographic components of Brink's, excluding non-segment expenses.

We have four geographic operating segments: Latin America; Europe, Middle East and Africa (“EMEA”); North America and Asia Pacific. For the year ended December 31, 2012, we had two reportable segments: North America and International (aggregating Latin America, EMEA and Asia Pacific into International). Effective December 31, 2013, we changed our reportable segments to Latin America; EMEA; North America and Asia Pacific. We changed our reportable segments as we decided we no longer meet all the aggregation criteria set forth in ASC 280, Segment Reporting primarily due to continued economic divergence and political changes in certain Latin American countries.

We currently serve customers in more than 100 countries, including 43 countries where we operate subsidiaries.

The primary services of the reportable segments include:

• Cash-in-Transit (“CIT”) Services – armored vehicle transportation of valuables
• ATM Services – replenishing and maintaining customers' automated teller machines; providing network infrastructure services
• Global Services – secure international transportation of valuables
• Cash Management Services

• currency and coin counting and sorting; deposit preparation and reconciliations; other cash management services
• Safe and safe control device installation and servicing (including our patented CompuSafe® service)
• Check and cash processing services for banking customers (“Virtual Vault Services”)
• Check imaging services for banking customers

• Payment Services – bill payment and processing services on behalf of utility companies and other billers at any of our Brink's or Brink's operated payment locations in Latin America; Brink's Money™ prepaid payroll cards; Brink's Checkout e-commerce online payment services
• Security and Guarding Services – protection of airports, offices, and certain other locations in Europe with or without electronic surveillance, access control, fire prevention and highly trained patrolling personnel

			Years Ended December 31,
(In millions)			2013	2012	2011
Revenues by Business Segment
Latin America		$	1,720.7	1,579.4	1,460.7
EMEA			1,178.3	1,125.9	1,143.0
North America			898.4	893.3	923.4
Asia Pacific			144.8	136.4	135.8
Total		$	3,942.2	3,735.0	3,662.9
Operating Profit by Business Segment
Latin America		$	149.9	135.1	143.5
EMEA			81.5	88.1	73.4
North America			4.7	31.9	30.3
Asia Pacific			16.7	8.8	15.1
	Business segments		252.8	263.9	262.3
Non-segment			(81.1)	(88.9)	(59.8)
Total		$	171.7	175.0	202.5

			Years Ended December 31,
(In millions)			2013	2012	2011
Capital Expenditures by Business Segment
Latin America		$	88.7	83.8	85.0
EMEA			33.9	40.1	47.3
North America			52.1	48.2	44.2
Asia Pacific			3.0	5.8	7.2
Total		$	177.7	177.9	183.7
Depreciation and Amortization by Business Segment
Depreciation and amortization of property and equipment:
	Latin America		57.1	47.5	41.4
	EMEA		47.2	41.1	44.1
	North America		58.0	55.1	50.1
	Asia Pacific		4.8	4.8	3.8
	Property and equipment		167.1	148.5	139.4
Amortization of intangible assets:
	Latin America		3.7	3.2	3.9
	EMEA		1.6	2.6	2.9
	North America		0.2	0.3	0.7
	Asia Pacific		1.0	1.1	1.2
Total		$	173.6	155.7	148.1

			December 31,
(In millions)			2013	2012	2011
Assets held by Business Segment
Latin America		$	1,044.0	880.9	761.0
EMEA			672.6	681.3	669.4
North America			426.6	480.5	468.6
Asia Pacific			108.1	146.3	135.5
	Business Segments		2,251.3	2,189.0	2,034.5
Non-segment			246.7	364.9	371.7
Total		$	2,498.0	2,553.9	2,406.2

Long-Lived Assets by Geographic Area(a)
Non-U.S.:
	France	$	161.8	163.5	149.9
	Mexico		148.1	145.3	123.9
	Venezuela		47.7	46.7	43.5
	Brazil		107.9	95.6	100.9
	Canada		50.7	90.8	87.3
	Other		335.0	348.8	338.1
	Subtotal		851.2	890.7	843.6
United States			194.0	203.0	200.8
Total		$	1,045.2	1,093.7	1,044.4
(a) Long-lived assets include property and equipment, net; goodwill; and other intangible assets, net.
			Years Ended December 31,
(In millions)			2013	2012	2011
Revenues by Geographic Area(a)
Outside the U.S.:
	France	$	542.5	535.5	545.2
	Mexico		450.4	424.0	415.2
	Venezuela		447.1	342.6	269.2
	Brazil		392.0	388.3	386.8
	Canada		190.9	186.6	189.9
	Other		1,211.8	1,151.3	1,123.1
	Subtotal		3,234.7	3,028.3	2,929.4
United States			707.5	706.7	733.5
Total		$	3,942.2	3,735.0	3,662.9

• 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)		2013	2012	2011
Net assets outside the U.S.
Latin America	$	479.4	438.2	376.9
EMEA		291.4	272.1	283.4
Asia Pacific		72.7	89.1	85.8
Canada		69.3	43.2	56.8
Total	$	912.8	842.6	802.9

(In millions)			2013	2012	2011
Information about Unconsolidated Equity Affiliates held by segments:
Carrying value of investments at year end
	Latin America	$	13.5	13.8	11.2
	Asia Pacific		2.3	1.8	1.6
Total		$	15.8	15.6	12.8
Share of earnings included in Brink's consolidated earnings during the year
	Latin America	$	6.0	5.8	4.7
	EMEA		-	-	(0.1)
	Asia Pacific		0.7	0.2	0.2
Total		$	6.7	6.0	4.8
Undistributed earnings at year end
	Latin America	$	3.5	8.4	6.6
	Asia Pacific		0.8	0.4	0.5
Total		$	4.3	8.8	7.1