SEGMENT AND DISAGGREGATED REVENUE INFORMATION (Tables)

12 Months Ended

Dec. 29, 2018

SEGMENT AND DISAGGREGATED REVENUE INFORMATION

Summary of net sales to unaffiliated customers

(In millions)	2018			2017			2016
Net sales to unaffiliated customers
Label and Graphic Materials:
U.S.		$	1,256.0		$	1,198.4		$	1,161.0
Europe			1,851.3			1,689.3			1,514.3
Asia			1,081.2			1,002.6			928.9
Latin America			367.8			357.0			331.6
Other international			294.8			264.4			251.5
Total Label and Graphic Materials			4,851.1			4,511.7			4,187.3
Retail Branding and Information Solutions:
Apparel			1,441.7			1,352.0			1,276.7
Printer Solutions			171.5			159.2			168.7
Total Retail Branding and Information Solutions			1,613.2			1,511.2			1,445.4
Industrial and Healthcare Materials			694.7			590.9			453.8
Net sales to unaffiliated customers		$	7,159.0		$	6,613.8		$	6,086.5

        Revenue by geographic area is set forth below. Revenue is attributed to geographic areas based on the location from which the product is shipped.

(In millions)	2018		2017		2016
Net sales to unaffiliated customers
U.S.	$	1,625.1	$	1,557.8	$	1,525.6
Europe		2,251.4		2,041.6		1,838.8
Asia		2,473.2		2,250.5		1,996.1
Latin America		490.0		476.4		450.5
Other international		319.3		287.5		275.5
Net sales to unaffiliated customers	$	7,159.0	$	6,613.8	$	6,086.5

Summary of additional financial information by reportable segment

(In millions)	2018			2017			2016
Intersegment sales
Label and Graphic Materials	$	78.7		$	64.1		$	63.4
Retail Branding and Information Solutions		4.7			3.2			2.9
Industrial and Healthcare Materials		8.8			7.7			7.2
Intersegment sales	$	92.2		$	75.0		$	73.5
Income before taxes
Label and Graphic Materials	$	568.2		$	577.4		$	522.0
Retail Branding and Information Solutions		170.4			126.7			105.0
Industrial and Healthcare Materials		62.9			52.6			56.1
Corporate expense		(83.4	)		(86.2	)		(92.9	)
Interest expense		(58.5	)		(63.0	)		(59.9	)
Other non-operating expense		(104.8	)		(18.0	)		(53.2	)
Income before taxes	$	554.8		$	589.5		$	477.1
Capital expenditures
Label and Graphic Materials	$	151.5		$	125.5		$	118.8
Retail Branding and Information Solutions		57.1			48.8			50.9
Industrial and Healthcare Materials		19.3			19.5			7.2
Capital expenditures	$	227.9		$	193.8		$	176.9
Depreciation and amortization expense
Label and Graphic Materials	$	104.7		$	102.3		$	103.1
Retail Branding and Information Solutions		49.0			56.4			64.3
Industrial and Healthcare Materials		27.3			20.0			12.7
Depreciation and amortization expense	$	181.0		$	178.7		$	180.1
Other expense, net by reportable segment
Label and Graphic Materials	$	61.8		$	14.5		$	13.0
Retail Branding and Information Solutions		11.4			18.1			9.8
Industrial and Healthcare Materials		(1.0	)		3.7			1.9
Corporate		(2.3	)		.2			(.9	)
Other expense, net	$	69.9		$	36.5		$	23.8
Other expense, net by type
Restructuring charges:
Severance and related costs	$	63.0		$	31.2		$	14.7
Asset impairment charges and lease cancellation costs		10.7			2.2			5.2
Other items:
Argentine peso remeasurement transition loss		3.4			–			–
Other restructuring-related charge		.5			–			–
Transaction costs		–			5.2			5.0
Reversal of acquisition-related contingent consideration		(5.0	)		–			–
Net gain on sales of assets		(2.7	)		(2.1	)		(1.1	)
Other expense, net	$	69.9		$	36.5		$	23.8

Summary of property, plant and equipment, net

(In millions)	2018		2017		2016
Property, plant and equipment, net
U.S.	$	317.3	$	286.4	$	278.5
International		820.1		811.5		636.7
Property, plant and equipment, net	$	1,137.4	$	1,097.9	$	915.2