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Segment information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Reconciliation of Revenue and Operating Profit from Segments to Consolidated
The following table summarizes our revenues and segment profit for each of our reportable segments and reconciles these amounts to consolidated revenues and operating profit:

 
Revenues
 
Operating Profit
 
Three Months Ended June 30,
 
Three Months Ended June 30,
(In millions)
2018
 
2017
 
2018
 
2017
Reportable Segments:
 
 
 
 
 
 
 
North America
$
324.0

 
311.0

 
$
26.1

 
16.8

South America
233.3

 
204.6

 
46.1

 
36.4

Rest of World
266.8

 
244.0

 
26.2

 
25.4

Total reportable segments
824.1

 
759.6

 
98.4

 
78.6

 
 
 
 
 
 
 
 
Reconciling Items:
 
 
 
 
 
 
 
Corporate expenses:
 
 
 
 
 
 
 
General, administrative and other expenses

 

 
(20.9
)
 
(18.3
)
Foreign currency transaction gains (losses)

 

 
(1.7
)
 
1.4

Reconciliation of segment policies to GAAP

 

 
0.4

 
(0.9
)
Other items not allocated to segments:
 

 
 

 
 

 
 
Venezuela operations
25.6

 
46.3

 
(1.2
)
 
(4.5
)
Reorganization and Restructuring

 

 
(4.5
)
 
(5.6
)
Acquisitions and dispositions

 

 
(7.4
)
 
(2.4
)
Reporting compliance(a)

 

 
(1.4
)
 

Total
$
849.7

 
805.9

 
$
61.7

 
48.3


(a)
Accounting standard implementation and material weakness mitigation. Additional information provided at page 41.
 
Revenues
 
Operating Profit
 
Six Months Ended June 30,
 
Six Months Ended June 30,
(In millions)
2018
 
2017
 
2018
 
2017
Reportable Segments:
 
 
 
 
 
 
 
North America
$
644.1

 
615.6

 
$
46.7

 
27.0

South America
488.1

 
406.8

 
101.7

 
75.6

Rest of World
545.2

 
477.5

 
51.8

 
50.8

Total reportable segments
1,677.4

 
1,499.9

 
200.2

 
153.4

 
 
 
 
 
 
 
 
Reconciling Items:
 
 
 
 
 
 
 
Corporate expenses:
 
 
 
 
 
 
 
General, administrative and other expenses

 

 
(52.0
)
 
(37.5
)
Foreign currency transaction gains (losses)

 

 
(2.2
)
 
0.2

Reconciliation of segment policies to GAAP

 

 
1.7

 
(1.8
)
Other items not allocated to segments:
 
 
 
 
 
 
 
Venezuela operations
51.4

 
94.4

 
2.3

 
16.6

Reorganization and Restructuring

 

 
(8.2
)
 
(9.7
)
Acquisitions and dispositions

 

 
(13.9
)
 
(2.0
)
Reporting compliance(a)

 

 
(1.4
)
 

Total
$
1,728.8

 
1,594.3

 
$
126.5

 
119.2



(a)
Accounting standard implementation and material weakness mitigation. Additional information provided at page 41.