XML 51 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
 9 Months Ended
Sep. 27, 2014
Segment Information  
Financial information, by reportable segment from continuing operations

 

 

 

Three Months Ended

 

Nine Months Ended

 

(In millions)

 

September 27,
2014

 

September 28,
2013

 

September 27,
2014

 

September 28,
2013

 

Net sales to unaffiliated customers

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$
1,157.0

 

$
1,094.0

 

$
3,481.4

 

$
3,305.9

 

Retail Branding and Information Solutions

 
383.9

 
391.4

 
1,186.0

 
1,193.7

 

Vancive Medical Technologies

 
18.7

 
19.5

 
58.1

 
56.5

 

Net sales to unaffiliated customers

 

$
1,559.6

 

$
1,504.9

 

$
4,725.5

 

$
4,556.1

 

Intersegment sales

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$
16.2

 

$
15.6

 

$
49.1

 

$
48.6

 

Retail Branding and Information Solutions

 

.5

 

.9

 
1.9

 
2.0

 

Vancive Medical Technologies

 
2.7

 

.3

 
7.5

 
1.2

 

Intersegment sales

 

$
19.4

 

$
16.8

 

$
58.5

 

$
51.8

 

Income from continuing operations before taxes

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$
116.6

 

$
111.7

 

$
315.1

 

$
334.1

 

Retail Branding and Information Solutions

 
20.6

 
12.5

 
65.5

 
50.7

 

Vancive Medical Technologies

 
(2.9

)

(.7

)
(7.2

)
(6.2

)

Corporate expense

 
(17.7

)
(32.7

)
(60.9

)
(70.2

)

Interest expense

 
(15.4

)
(16.0

)
(46.4

)
(43.0

)

Income from continuing operations before taxes

 

$
101.2

 

$
74.8

 

$
266.1

 

$
265.4

 

Other expense, net by reportable segment

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$
2.1

 

$
3.4

 

$
36.3

 

$
8.7

 

Retail Branding and Information Solutions

 
5.2

 
10.5

 
16.8

 
19.5

 

Vancive Medical Technologies

 

.1

 

.1

 

.1

 

.1

 

Corporate

 

.4

 
11.7

 

.4

 
4.6

 

Other expense, net

 

$
7.8

 

$
25.7

 

$
53.6

 

$
32.9

 

Other expense, net by type

 

 

 

 

 

 

 

 

 

Restructuring costs:

 

 

 

 

 

 

 

 

 

Severance and related costs

 

$
5.1

 

$
8.7

 

$
48.0

 

$
20.9

 

Asset impairment charges and lease and other contract cancellation charges

 
1.6

 
8.0

 
4.5

 
11.7

 

Other items:

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible asset impairment charge

 
3.0

 

–

 
3.0

 

–

 

Charitable contribution to Avery Dennison Foundation

 

–

 
10.0

 

–

 
10.0

 

Gain on sales of assets

 
(1.9

)

(.5

)
(2.5

)
(12.7

)

(Gain) loss on curtailment of pension obligation

 

–

 
(1.6

)

.6

 
(1.6

)

Legal settlement

 

–

 

–

 

–

 
2.5

 

Divestiture-related costs(1)

 

–

 
1.1

 

–

 
2.1

 

Other expense, net

 

$
7.8

 

$
25.7

 

$
53.6

 

$
32.9

 

(1) Represents only the portion allocated to continuing operations.