SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Net Sales

The following tables set forth information about the Company’s segments for the three and six months ended June 30, 2016 and 2015:

Third Party Net Sales

	Three Months Ended				Six Months Ended
(in millions)	2016		2015		2016		2015
Dental and Healthcare Consumables	$	543.8	$	510.9	$	1,032.7	$	991.0
Technologies	478.2		187.1		761.9		363.3
Total net sales	$	1,022.0	$	698.0	$	1,794.6	$	1,354.3

Net Sales, Excluding Precious Metal Content

Third Party Net Sales, Excluding Precious Metal Content

	Three Months Ended				Six Months Ended
(in millions)	2016		2015		2016		2015
Dental and Healthcare Consumables	$	526.7	$	487.8	$	997.5	$	943.3
Technologies	478.0		186.9		761.7		362.9
Total net sales, excluding precious metal content	1,004.7		674.7		1,759.2		1,306.2
Precious metal content of sales	17.3		23.3		35.4		48.1
Total net sales, including precious metal content	$	1,022.0	$	698.0	$	1,794.6	$	1,354.3

Intersegment Net Sales

Inter-segment Net Sales

	Three Months Ended						Six Months Ended
(in millions)	2016			2015			2016			2015
Dental and Healthcare Consumables	$	58.2		$	55.9		$	113.5		$	108.0
Technologies	2.1			1.6			3.5			3.3
All Other (a)	74.0			67.1			142.7			132.2
Eliminations	(134.3		)	(124.6		)	(259.7		)	(243.5		)
Total	$	—		$	—		$	—		$	—

(a) Includes amounts recorded at one distribution warehouse not managed by named segments.

Segment Operating Income

Segment Adjusted Operating Income

	Three Months Ended						Six Months Ended
(in millions)	2016			2015			2016			2015
Dental and Healthcare Consumables	$	151.7		$	125.8		$	282.4		$	239.1
Technologies	112.1			21.7			165.9			42.6
Segment adjusted operating income before income taxes and interest	263.8			147.5			448.3			281.7
Reconciling items (income) expense:
All Other (b)	93.8			11.4			178.9			31.2
Restructuring and other costs	3.6			38.9			7.7			44.3
Interest expense	9.3			9.8			18.5			20.5
Interest income	(0.4		)	(0.7		)	(0.9		)	(1.4		)
Other expense (income), net	(11.5		)	(0.3		)	(14.9		)	0.2
Amortization of intangible assets	43.8			10.9			65.6			21.8
Depreciation resulting from the fair value step-up of property, plant and equipment from business combinations	1.4			0.5			2.2			0.9
Income before income taxes	$	123.8		$	77.0		$	191.2		$	164.2

(b) Includes the results of unassigned Corporate headquarter costs, inter-segment eliminations and one distribution warehouse not managed by named segments.

Assets

Assets

(in millions)	June 30, 2016		December 31, 2015
Dental and Healthcare Consumables	$	2,160.5	$	1,776.5
Technologies	7,068.4		951.2
All Other (c)	2,222.5		1,675.2
Total	$	11,451.4	$	4,402.9

(c) Includes the assets of Corporate headquarters, inter-segment eliminations and one distribution warehouse not managed by named segments.