Segment Information

9 Months Ended

Sep. 29, 2012

Segment Information

Segment Information

Note 16.  Segment Information

Financial information by reportable segment and other businesses from continuing operations is set forth below.

	Three Months Ended				Nine Months Ended
(In millions)	September 29, 2012		October 1, 2011		September 29, 2012		October 1, 2011
Net sales to unaffiliated customers
Pressure-sensitive Materials	$    982.9		$     995.5		$  2,982.3		$  3,011.1
Retail Branding and Information Solutions	374.2		360.7		1,120.1		1,132.4
Other specialty converting businesses	130.7		144.2		401.0		428.2
Net sales to unaffiliated customers	$ 1,487.8		$  1,500.4		$  4,503.4		$  4,571.7
Intersegment sales
Pressure-sensitive Materials	$      21.6		$       21.4		$       65.8		$       66.0
Retail Branding and Information Solutions	.7		.6		1.9		1.1
Other specialty converting businesses	20.5		8.7		46.1		30.6
Intersegment sales	$      42.8		$       30.7		$     113.8		$       97.7
Income from continuing operations before taxes
Pressure-sensitive Materials	$      73.2		$       76.8		$     245.0		$     246.7
Retail Branding and Information Solutions	10.3		2.6		36.2		39.9
Other specialty converting businesses	2.5		(1.8	)	6.3		(.4	)
Corporate expense	(9.8	)	(13.8	)	(32.3	)	(37.3	)
Interest expense	(18.0	)	(17.7	)	(54.9	)	(53.1	)
Income from continuing operations before taxes	$      58.2		$       46.1		$     200.3		$     195.8
Other expense, net by reportable segment and other businesses
Pressure-sensitive Materials	$      12.6		$         5.4		$       21.8		$       13.1
Retail Branding and Information Solutions	5.6		9.3		10.1		12.0
Other specialty converting businesses	3.0		.7		6.5		1.9
Corporate	.7		2.7		2.7		3.7
Other expense, net	$      21.9		$       18.1		$       41.1		$       30.7
Other expense, net by type
Restructuring costs:
Severance and related costs	$      17.6		$       14.7		$       33.2		$       24.6
Asset impairment and lease cancellation charges	1.5		.3		3.7		3.6
Other items:
Legal settlement	–		.4		–		(1.2	)
Gain on sale of product line	–		–		(.6	)	–
OCP divestiture-related costs	.7		2.7		2.7		3.7
Costs associated with exiting product lines	2.1		–		2.1		–
Other expense, net	$      21.9		$       18.1		$       41.1		$       30.7