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Segment Data (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Data

 

Year Ended December 31

 

2020

 

 

2019

 

 

2018

 

Revenues from Services(a)

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States(b)

 

$

2,327.2

 

 

$

2,590.6

 

 

$

2,608.9

 

Other Americas

 

 

1,465.2

 

 

 

1,688.0

 

 

 

1,650.0

 

 

 

 

3,792.4

 

 

 

4,278.6

 

 

 

4,258.9

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

4,338.1

 

 

 

5,479.6

 

 

 

5,846.4

 

Italy

 

 

1,370.7

 

 

 

1,508.3

 

 

 

1,673.9

 

Other Southern Europe

 

 

2,146.4

 

 

 

2,206.5

 

 

 

1,879.6

 

 

 

 

7,855.2

 

 

 

9,194.4

 

 

 

9,399.9

 

Northern Europe

 

 

3,976.7

 

 

 

4,735.5

 

 

 

5,417.5

 

APME

 

 

2,376.7

 

 

 

2,655.0

 

 

 

2,914.9

 

 

 

 

18,001.0

 

 

 

20,863.5

 

 

 

21,991.2

 

Operating Unit Profit (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

60.9

 

 

$

128.0

 

 

$

149.9

 

Other Americas

 

 

55.1

 

 

 

75.4

 

 

 

75.0

 

 

 

 

116.0

 

 

 

203.4

 

 

 

224.9

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

149.0

 

 

 

284.9

 

 

 

290.9

 

Italy

 

 

64.2

 

 

 

102.5

 

 

 

111.3

 

Other Southern Europe

 

 

23.8

 

 

 

67.9

 

 

 

66.5

 

 

 

 

237.0

 

 

 

455.3

 

 

 

468.7

 

Northern Europe

 

 

(27.6

)

 

 

74.4

 

 

 

129.9

 

APME

 

 

70.1

 

 

 

127.5

 

 

 

118.3

 

 

 

$

395.5

 

 

$

860.6

 

 

$

941.8

 

Corporate expenses

 

 

(113.9

)

 

 

(121.9

)

 

 

(110.0

)

Goodwill impairment charges

 

 

(66.8

)

 

 

(64.0

)

 

 

 

Intangible asset amortization expense(c)

 

 

(27.2

)

 

 

(29.8

)

 

 

(35.1

)

Interest and other (expenses) income, net

 

 

(39.9

)

 

 

40.6

 

 

 

(42.0

)

Earnings before income taxes

 

$

147.7

 

 

$

685.5

 

 

$

754.7

 

 

 

(a) Further breakdown of revenues from services by geographical region was as follows:

 

Revenues from Services

 

2020

 

 

2019

 

 

2018

 

United States

 

$

2,327.2

 

 

$

2,590.6

 

 

$

2,608.9

 

France

 

 

4,338.1

 

 

 

5,479.6

 

 

 

5,846.4

 

Italy

 

 

1,370.7

 

 

 

1,508.3

 

 

 

1,673.9

 

United Kingdom

 

 

1,402.9

 

 

 

1,598.6

 

 

 

1,672.1

 

Total Foreign

 

 

15,673.8

 

 

 

18,272.9

 

 

 

19,382.3

 

 

(b) The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $12.6, $15.6 and $16.1 for 2020, 2019 and 2018, respectively.

(c) Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses, and shown separately.

Schedule of Revenues from Services by Geographical Region Further breakdown of revenues from services by geographical region was as follows:

Revenues from Services

 

2020

 

 

2019

 

 

2018

 

United States

 

$

2,327.2

 

 

$

2,590.6

 

 

$

2,608.9

 

France

 

 

4,338.1

 

 

 

5,479.6

 

 

 

5,846.4

 

Italy

 

 

1,370.7

 

 

 

1,508.3

 

 

 

1,673.9

 

United Kingdom

 

 

1,402.9

 

 

 

1,598.6

 

 

 

1,672.1

 

Total Foreign

 

 

15,673.8

 

 

 

18,272.9

 

 

 

19,382.3

 

 

Schedule of Segment Information - Depreciation and Amortization Expense, Earnings from Equity Investment, Total Assets, Equity Investments, Long-Lived Assets and Additions to Long-Lived Assets

 

Year Ended December 31

 

2020

 

 

2019

 

 

2018

 

Depreciation and Amortization Expense

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

7.8

 

 

$

8.6

 

 

$

9.8

 

Other Americas

 

 

2.3

 

 

 

2.4

 

 

 

2.5

 

 

 

 

10.1

 

 

 

11.0

 

 

 

12.3

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

14.4

 

 

 

13.9

 

 

 

14.2

 

Italy

 

 

2.1

 

 

 

1.8

 

 

 

1.9

 

Other Southern Europe

 

 

5.3

 

 

 

4.9

 

 

 

5.0

 

 

 

 

21.8

 

 

 

20.6

 

 

 

21.1

 

Northern Europe

 

 

8.9

 

 

 

9.8

 

 

 

11.4

 

APME

 

 

8.2

 

 

 

5.9

 

 

 

5.8

 

Corporate expenses

 

 

0.1

 

 

 

0.1

 

 

 

0.1

 

Intangible asset amortization expense(a)

 

 

27.2

 

 

 

29.8

 

 

 

35.1

 

 

 

$

76.3

 

 

$

77.2

 

 

$

85.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from Equity Investments

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

 

 

$

 

 

$

 

Other Americas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

 

 

 

 

 

 

 

Italy

 

 

(0.1

)

 

 

(0.1

)

 

 

(0.2

)

Other Southern Europe

 

 

 

 

 

47.5

 

 

 

1.7

 

 

 

 

(0.1

)

 

 

47.4

 

 

 

1.5

 

Northern Europe

 

 

 

 

 

 

 

 

 

APME

 

 

 

 

 

 

 

 

 

Corporate

 

 

4.7

 

 

 

3.1

 

 

 

(0.3

)

 

 

$

4.6

 

 

$

50.5

 

 

$

1.2

 

 

(a) Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses, and shown separately.

 

As of December 31

 

2020

 

 

2019

 

 

2018

 

Total Assets

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

2,103.8

 

 

$

2,153.8

 

 

$

1,888.1

 

Other Americas

 

 

381.3

 

 

 

382.4

 

 

 

344.0

 

 

 

 

2,485.1

 

 

 

2,536.2

 

 

 

2,232.1

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

2,778.3

 

 

 

2,732.6

 

 

 

2,740.9

 

Italy

 

 

540.4

 

 

 

464.2

 

 

 

406.5

 

Other Southern Europe

 

 

848.5

 

 

 

778.7

 

 

 

583.5

 

 

 

 

4,167.2

 

 

 

3,975.5

 

 

 

3,730.9

 

Northern Europe

 

 

1,366.7

 

 

 

1,478.5

 

 

 

1,240.9

 

APME

 

 

806.0

 

 

 

744.2

 

 

 

795.0

 

Corporate(a)

 

 

503.2

 

 

 

489.4

 

 

 

520.9

 

 

 

$

9,328.2

 

 

$

9,223.8

 

 

$

8,519.8

 

Equity Investments

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

 

 

$

 

 

$

 

Other Americas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

 

 

 

 

 

 

 

Italy

 

 

0.1

 

 

 

0.3

 

 

 

0.3

 

Other Southern Europe

 

 

 

 

 

 

 

 

157.8

 

 

 

 

0.1

 

 

 

0.3

 

 

 

158.1

 

Northern Europe

 

 

 

 

 

 

 

 

 

APME

 

 

 

 

 

 

 

 

2.3

 

Corporate

 

 

106.5

 

 

 

97.5

 

 

 

1.0

 

 

 

$

106.6

 

 

$

97.8

 

 

$

161.4

 

 

(a) Corporate assets include assets that were not used in the operations of any segment, the most significant of which were purchased intangibles and cash.

 

 

As of and Year Ended December 31

 

2020

 

 

2019

 

 

2018

 

Long-lived Assets(a)

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

16.5

 

 

$

20.5

 

 

$

22.4

 

Other Americas

 

 

7.5

 

 

 

8.2

 

 

 

6.3

 

 

 

 

24.0

 

 

 

28.7

 

 

 

28.7

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

44.8

 

 

 

46.9

 

 

 

50.1

 

Italy

 

 

6.0

 

 

 

5.2

 

 

 

5.0

 

Other Southern Europe

 

 

21.0

 

 

 

23.5

 

 

 

23.4

 

 

 

 

71.8

 

 

 

75.6

 

 

 

78.5

 

Northern Europe

 

 

26.5

 

 

 

27.5

 

 

 

30.6

 

APME

 

 

25.5

 

 

 

18.9

 

 

 

22.1

 

Corporate

 

 

6.5

 

 

 

0.2

 

 

 

0.1

 

 

 

$

154.3

 

 

$

150.9

 

 

$

160.0

 

Additions to Long-Lived Assets

 

 

 

 

 

 

 

 

 

 

 

 

Americas:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

7.0

 

 

$

8.3

 

 

$

7.7

 

Other Americas

 

 

2.5

 

 

 

4.4

 

 

 

2.9

 

 

 

 

9.5

 

 

 

12.7

 

 

 

10.6

 

Southern Europe:

 

 

 

 

 

 

 

 

 

 

 

 

France

 

 

9.3

 

 

 

12.9

 

 

 

18.1

 

Italy

 

 

2.6

 

 

 

2.1

 

 

 

2.2

 

Other Southern Europe

 

 

4.4

 

 

 

5.0

 

 

 

5.9

 

 

 

 

16.3

 

 

 

20.0

 

 

 

26.2

 

Northern Europe

 

 

7.3

 

 

 

7.7

 

 

 

16.6

 

APME

 

 

14.1

 

 

 

8.2

 

 

 

6.8

 

Corporate

 

 

 

 

 

0.1

 

 

 

0.1

 

 

 

$

47.2

 

 

$

48.7

 

 

$

60.3

 

 

(a) Further breakdown of long-lived assets by geographical region was as follows:

 

Long-Lived Assets

 

2020

 

 

2019

 

 

2018

 

United States

 

$

16.5

 

 

$

20.5

 

 

$

22.4

 

France

 

 

44.8

 

 

 

46.9

 

 

 

50.1

 

Italy

 

 

6.0

 

 

 

5.2

 

 

 

5.0

 

United Kingdom

 

 

5.0

 

 

 

5.8

 

 

 

7.0

 

Total Foreign

 

 

137.8

 

 

 

130.4

 

 

 

137.6

 

 

Schedule of Long-Lived Assets by Geographical Region Further breakdown of long-lived assets by geographical region was as follows:

Long-Lived Assets

 

2020

 

 

2019

 

 

2018

 

United States

 

$

16.5

 

 

$

20.5

 

 

$

22.4

 

France

 

 

44.8

 

 

 

46.9

 

 

 

50.1

 

Italy

 

 

6.0

 

 

 

5.2

 

 

 

5.0

 

United Kingdom

 

 

5.0

 

 

 

5.8

 

 

 

7.0

 

Total Foreign

 

 

137.8

 

 

 

130.4

 

 

 

137.6