SEGMENT REPORTING

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

The Company evaluates, oversees, and manages the financial performance of two operating and reportable segments – North America and International.

The following tables show financial information for the Company's reportable segments (see Note 2 – Revenues from Contracts with Customers for segment revenues):

In millions
	Three Months Ended March 31,
	2024		2023
Adjusted Income from Operations
North America	$	149.1	$	160.3
International	12.4		10.3
Other Costs	(71.0)		(85.9)
Total Adjusted Income from Operations	$	90.5	$	84.7

The following table reconciles the Company's primary measure of segment profitability, Adjusted Income from Operations, to Income from operations:

In millions
	Three Months Ended March 31,
	2024		2023
Total Reportable Segment Adjusted Income from Operations	$	90.5	$	84.7
Adjusting Items:
ERP and System Modernization	(4.4)		(2.7)
Intangible Amortization	(27.8)		(28.2)
Operational Optimization	(5.6)		—
Portfolio Optimization	(1.6)		(5.6)
Litigation, Settlements and Regulatory Compliance	(12.2)		(8.2)
Income from operations	$	38.9	$	40.0

The Company is currently evaluating the impact of ASU 2023-07 on disclosures to our Condensed Consolidated Financial Statements, which is not expected to be material. See Note 1 – Basis of Presentation and Summary of Significant Accounting Policies for further information.