XML 27 R15.htm IDEA: XBRL DOCUMENT v3.24.3
SEGMENT REPORTING
9 Months Ended
Sep. 30, 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. Other Costs includes costs (and associated assets and capital expenditures) related to corporate enabling and shared services functions, annual incentive compensation, and stock-based compensation.
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 September 30,Nine Months Ended September 30,
2024202320242023
Adjusted Income from Operations
North America$139.5 $143.5 $437.2 $460.3 
International8.2 8.9 30.4 27.6 
Other Costs(76.3)(82.1)(224.2)(256.9)
Total Adjusted Income from Operations$71.4 $70.3 $243.4 $231.0 
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 September 30,Nine Months Ended September 30,
2024202320242023
Total Reportable Segment Adjusted Income from Operations$71.4 $70.3 $243.4 $231.0 
Adjusting Items:
ERP and System Modernization(4.1)(4.8)(12.7)(12.9)
Intangible Amortization(27.6)(27.9)(83.1)(84.2)
Operational Optimization0.4 — (5.0)— 
Portfolio Optimization(11.8)(5.0)(13.6)(64.8)
Litigation, Settlements and Regulatory Compliance(15.9)(5.3)(39.0)(22.4)
Asset Impairments— (3.1)— (6.5)
WM Transaction-Related Charges(3.4)— (11.6)— 
Income from operations$9.0 $24.2 $78.4 $40.2