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SEGMENT AND DISAGGREGATED REVENUE INFORMATION
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
SEGMENT AND DISAGGREGATED REVENUE INFORMATION SEGMENT AND DISAGGREGATED REVENUE INFORMATION
Segment Reporting
We have the following reportable segments:
•Materials Group – manufactures and sells pressure-sensitive label materials, films for graphic and reflective products, performance tapes and other adhesive products for industrial, medical and other applications, as well as fastener solutions.
•Solutions Group – designs, manufactures and sells a wide variety of branding and information solutions, including brand and price tickets, tags and labels (including RFID inlays), and related services, supplies and equipment.
Intersegment sales are recorded at or near market prices and are eliminated in determining consolidated sales. We evaluate our performance based on income from operations before interest expense and taxes. Corporate expense is excluded from the computation of income from operations for the segments.
We do not disclose total assets by reportable segment since we neither generate nor review that information internally. As our reporting structure is neither organized nor reviewed internally by country, results by individual country are not provided.
Disaggregated Revenue Information
Disaggregated revenue information is shown below in the manner that best reflects how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors. Revenue from our Materials Group reportable segment is attributed to geographic areas based on the location from which products are shipped. Revenue from our Solutions Group reportable segment is shown by product group.
(In millions)202220212020
Net sales to unaffiliated customers
Materials Group(1):
U.S.$1,892.1 $1,736.4 $1,504.5 
Europe2,396.2 2,261.1 1,952.8 
Asia1,390.3 1,471.1 1,245.3 
Latin America470.1 408.6 350.9 
Other international346.4 329.3 287.1 
Total Materials Group6,495.1 6,206.5 5,340.6 
Solutions Group:
Apparel1,851.2 1,839.1 1,432.3 
Identification Solutions and Vestcom693.0 362.7 198.6 
Total Solutions Group2,544.2 2,201.8 1,630.9 
Net sales to unaffiliated customers$9,039.3 $8,408.3 $6,971.5 
(1)
Previously reported segment results have been recast to reflect our new operating structure.
Revenue from our Materials Group reportable segment by product group is shown below.
(In millions)202220212020
Net sales to unaffiliated customers
Materials Group:
 Labels, graphics and reflectives $5,725.7 $5,430.4 $4,715.1 
 Tapes and adhesives 696.3 703.4 565.9 
 Other 73.1 72.7 59.6 
Total Materials Group$6,495.1 $6,206.5 $5,340.6 
Our total company revenue by geographic area is shown below. Revenue is attributed to geographic areas based on the location from which products are shipped.
(In millions)202220212020
Net sales to unaffiliated customers
U.S.$2,565.9 $2,065.2 $1,683.6 
Europe2,683.6 2,541.4 2,164.7 
Asia2,817.2 2,914.5 2,378.5 
Latin America605.7 537.6 440.3 
Other international366.9 349.6 304.4 
Net sales to unaffiliated customers$9,039.3 $8,408.3 $6,971.5 
Net sales to unaffiliated customers in Asia included sales in China (including Hong Kong) of $1.50 billion in 2022, $1.68 billion in 2021 and $1.31 billion in 2020.
No single customer represented 10% or more of our net sales in year-end 2022, 2021 or 2020. During 2022, 2021 and 2020, our ten largest customers by net sales in the aggregate represented approximately 16%, 16% and 17% of our net sales, respectively.
Additional Segment Information
Additional financial information by reportable segment and Corporate is shown below.
(In millions)202220212020
Intersegment sales
Materials Group(1)
$137.1 $105.8 $81.9 
Solutions Group37.4 37.3 27.5 
Intersegment sales$174.5 $143.1 $109.4 
Income before taxes
Materials Group(1)
$859.3 $883.3 $747.0 
Solutions Group302.3 257.2 144.7 
Corporate expense(87.6)(81.8)(82.5)
Interest expense(84.1)(70.2)(70.0)
Other non-operating expense (income), net9.4 4.1 (1.9)
Income before taxes$999.3 $992.6 $737.3 
Capital expenditures(2)(3)
Materials Group(1)
$153.5 $170.3 $104.6 
Solutions Group144.0 96.3 101.6 
Capital expenditures$297.5 $266.6 $206.2 
Depreciation and amortization expense(2)
Materials Group(1)
$135.8 $141.9 $133.7 
Solutions Group154.9 102.2 71.6 
Depreciation and amortization expense$290.7 $244.1 $205.3 
Other expense (income), net by reportable segment
Materials Group(1)
$(13.4)$(25.7)$30.6 
Solutions Group7.8 36.6 22.7 
Corporate5.0 (5.3).3 
Other expense (income), net$(.6)$5.6 $53.6 
(1)
Previously reported segment results have been recast to reflect our new operating structure.
(2)
Corporate capital expenditures and depreciation and amortization expense are allocated to the reportable segments based on their percentage of consolidated net sales.
(3)
Capital expenditures for property, plant and equipment included accruals.

Other expense (income), net by type were as follows:
(In millions)202220212020
Other expense (income), net by type
Restructuring charges:
Severance and related costs$7.6 $10.5 $49.1 
Asset impairment charges and lease cancellation costs.1 3.1 6.2 
Other items:
Transaction and related costs.3 20.9 4.2 
Outcomes of legal proceedings, net(1)
6.3 (.4)— 
Gain on venture investments, net(13.5)(23.0)(5.4)
(Gain) loss on sales of assets, net(1.4).2 (.5)
Gain on sale of product line— (5.7)— 
Other expense (income), net$(.6)$5.6 $53.6 
(1)
Amount for 2021 included an indirect tax credit based on a Brazilian Federal Supreme Court ruling in the amount of $29.1 million, partially offset by a contingent liability related to a patent infringement lawsuit in the amount of $26.6 million. Refer to Note 8, “Contingencies” for more information regarding the patent infringement lawsuit.
Property, plant and equipment, net, in our U.S. and international operations were as follows:
(In millions)202220212020
Property, plant and equipment, net
U.S.$589.0 $524.0 $403.1 
International951.2 953.7 940.6 
Property, plant and equipment, net$1,540.2 $1,477.7 $1,343.7 
Property, plant and equipment, net, located in China (including Hong Kong) was approximately $259 million in 2022, $290 million in 2021 and $297 million in 2020.