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Segment Information (Tables)
9 Months Ended
Sep. 28, 2013
Segment Information  
Financial information, by reportable segment and other businesses from continuing operations.

 

 

 

 

Three Months Ended

 

Nine Months Ended

(In millions)

 

September 28,
2013

 

September 29,
2012

 

September 28,
2013

 

September 29,
2012

 

Net sales to unaffiliated customers

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

1,094.0

 

$

1,051.6

 

$

3,305.9

 

$

3,197.1

 

Retail Branding and Information Solutions

 

391.4

 

376.5

 

1,193.7

 

1,127.5

 

Other specialty converting businesses

 

19.5

 

18.9

 

56.5

 

55.8

 

Net sales to unaffiliated customers

 

$

1,504.9

 

$

1,447.0

 

$

4,556.1

 

$

4,380.4

 

Intersegment sales

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

15.6

 

$

15.4

 

$

48.6

 

$

46.4

 

Retail Branding and Information Solutions

 

.9

 

1.1

 

2.0

 

2.8

 

Other specialty converting businesses

 

.3

 

.3

 

1.2

 

.6

 

Intersegment sales

 

$

16.8

 

$

16.8

 

$

51.8

 

$

49.8

 

Income from continuing operations before taxes

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

111.7

 

$

84.4

 

$

334.1

 

$

278.5

 

Retail Branding and Information Solutions

 

12.5

 

12.9

 

50.7

 

41.7

 

Other specialty converting businesses

 

(.7

)

(5.1

)

(6.2

)

(11.7

)

Corporate expense

 

(32.7

)

(19.7

)

(70.2

)

(63.2

)

Interest expense

 

(16.0

)

(18.0

)

(43.0

)

(54.9

)

Income from continuing operations before taxes

 

$

74.8

 

$

54.5

 

$

265.4

 

$

190.4

 

Other expense, net by reportable segment and other businesses

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

3.4

 

$

13.5

 

$

8.7

 

$

23.7

 

Retail Branding and Information Solutions

 

10.5

 

5.5

 

19.5

 

11.4

 

Other specialty converting businesses

 

.1

 

2.2

 

.1

 

2.8

 

Corporate

 

11.7

 

.7

 

4.6

 

2.8

 

Other expense, net

 

$

25.7

 

$

21.9

 

$

32.9

 

$

40.7

 

Other expense, net by type

 

 

 

 

 

 

 

 

 

Restructuring costs:

 

 

 

 

 

 

 

 

 

Severance and related costs

 

$

8.7

 

$

17.6

 

$

20.9

 

$

33.1

 

Asset impairment charges and lease and other contract cancellation costs

 

8.0

 

1.5

 

11.7

 

3.4

 

Other items:

 

 

 

 

 

 

 

 

 

Charitable contribution to Avery Dennison Foundation

 

10.0

 

 

10.0

 

 

Gain on sale of assets

 

(.5

)

 

(12.7

)

 

Gain on sale of product line

 

 

 

 

(.6

)

Gain from curtailment of pension obligation

 

(1.6

)

 

(1.6

)

 

Product line exits

 

 

2.1

 

 

2.1

 

Legal settlement

 

 

 

2.5

 

 

Divestiture-related costs (1)

 

1.1

 

.7

 

2.1

 

2.7

 

Other expense, net

 

$

25.7

 

$

21.9

 

$

32.9

 

$

40.7

 

(1) Represents the portion in continuing operations.