SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Net Sales

The Company’s segment information for the years ended December 31 were as follows:

Net Sales	Year Ended December 31,
(in millions)	2019		2018		2017
Technologies & Equipment	$	2,283.2	$	2,167.7	$	2,202.8
Consumables	1,746.0		1,818.6		1,790.6
Total net sales	$	4,029.2	$	3,986.3	$	3,993.4

Net Sales, Excluding Precious Metal Content	Year Ended December 31,
(in millions)	2019		2018		2017
Technologies & Equipment	$	2,283.2	$	2,167.7	$	2,202.8
Consumables	1,704.9		1,781.4		1,750.1
Total net sales, excluding precious metal content	$	3,988.1	$	3,949.1	$	3,952.9
Precious metal content of sales	41.1		37.2		40.5
Total net sales, including precious metal content	$	4,029.2	$	3,986.3	$	3,993.4

Depreciation and Amortization

Depreciation and Amortization	Year Ended December 31,
(in millions)	2019		2018		2017
Technologies & Equipment	$	257.8	$	238.4	$	261.3
Consumables	54.2		90.8		53.7
All Other (a)	10.8		1.6		1.4
Total	$	322.8	$	330.8	$	316.4

(a) Includes amounts recorded at Corporate headquarters.

Segment Operating Income (Loss)

Segment Adjusted Operating Income (Loss)	Year Ended December 31,
(in millions)	2019		2018		2017
Technologies & Equipment	$	431.4	$	277.9	$	393.9
Consumables	437.1		459.9		495.5
Segment adjusted operating income before income taxes and interest	$	868.5	$	737.8	$	889.4
Reconciling Items (income) expense:
All other (a)	230.7		184.0		180.3
Restructuring and other costs	80.7		221.0		425.2
Goodwill impairment	—		1,085.8		1,650.9
Interest expense	29.4		37.3		38.3
Interest income	(2.4)		(2.1)		(2.4)
Other expense (income), net	(11.5)		(34.9)		5.3
Amortization of intangible assets	189.6		197.9		189.1
Depreciation resulting from the fair value step-up of property, plant and equipment from business combinations	6.6		7.2		6.2
Income (loss) before income taxes	$	345.4	$	(958.4)	$	(1,603.5)

(a) Includes the results of unassigned Corporate headquarters costs and inter-segment eliminations.

Capital Expenditures

Capital Expenditures	Year Ended December 31,
(in millions)	2019		2018		2017
Technologies & Equipment	$	72.8	$	126.1	$	92.2
Consumables	34.0		42.8		44.0
All Other (a)	16.1		13.6		8.1
Total	$	122.9	$	182.5	$	144.3

(a) Includes capital expenditures of Corporate headquarters.

Assets

Assets	Year Ended December 31,
(in millions)	2019		2018
Technologies & Equipment	$	5,926.8	$	6,479.2
Consumables	2,443.4		2,059.4
All Other (a)	232.7		148.4
Total	$	8,602.9	$	8,687.0

(a) Includes the results of unassigned Corporate headquarters costs and inter-segment eliminations.

Schedule of Revenue and Long Lived Assets by Geographic Location

The following table sets forth information about the Company’s operations in different geographic areas for the years ended December 31, 2019, 2018 and 2017. Net sales reported below represent revenues for shipments made by operating businesses located in the country or territory identified, including export sales. Property, plant and equipment, net, represents those long-lived assets held by the operating businesses located in the respective geographic areas.

(in millions)	United States		Germany		Sweden		Other Foreign		Consolidated
2019
Net sales	$	1,374.8	$	478.1	$	56.6	$	2,119.7	$	4,029.2
Property, plant and equipment, net	168.4		327.5		98.7		207.8		802.4
2018
Net sales	$	1,269.9	$	494.3	$	55.2	$	2,166.9	$	3,986.3
Property, plant and equipment, net	211.1		339.3		99.3		220.9		870.6
2017
Net sales	$	1,376.5	$	493.3	$	52.4	$	2,071.2	$	3,993.4
Property, plant and equipment, net	202.0		331.5		103.4		239.1		876.0

Disaggregation of Revenue

Net sales by product category were as follows:

	Year Ended December 31,
(in millions)	2019		2018		2017
Dental consumables products	$	1,687.7	$	1,739.8	$	1,663.6
Dental technology and equipment products	2,004.8		1,897.7		2001.8
Healthcare consumable products	336.7		348.8		328.0
Total net sales	$	4,029.2	$	3,986.3	$	3,993.4