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Segment Information (Tables)
6 Months Ended
Jul. 04, 2015
Segment Information  
Financial information, by reportable segment from continuing operations

   

 

 

Three Months Ended

 

Six Months Ended

 

(In millions)

 

July 4, 2015

 

June 28, 2014

 

July 4, 2015

 

June 28, 2014

 

Net sales to unaffiliated customers

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

1,114.1

 

$

1,180.9

 

$

2,234.7

 

$

2,324.4

 

Retail Branding and Information Solutions

 

383.8

 

414.4

 

771.9

 

802.1

 

Vancive Medical Technologies

 

18.1

 

20.5

 

37.4

 

39.4

 

 

 

 

 

 

 

 

 

 

 

Net sales to unaffiliated customers

 

$

1,516.0

 

$

1,615.8

 

$

3,044.0

 

$

3,165.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intersegment sales

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

16.2

 

$

16.7

 

$

31.9

 

$

32.9

 

Retail Branding and Information Solutions

 

.6

 

.6

 

1.2

 

1.4

 

Vancive Medical Technologies

 

1.6

 

2.5

 

3.2

 

4.8

 

 

 

 

 

 

 

 

 

 

 

Intersegment sales

 

$

18.4

 

$

19.8

 

$

36.3

 

$

39.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before taxes

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

129.8

 

$

86.5

 

$

252.7

 

$

198.5

 

Retail Branding and Information Solutions

 

10.0

 

28.3

 

29.2

 

44.9

 

Vancive Medical Technologies

 

(1.4

)

(1.7

)

(3.5

)

(4.3

)

Corporate expense

 

(22.3

)

(20.4

)

(47.5

)

(43.2

)

Interest expense

 

(15.3

)

(15.6

)

(30.6

)

(31.0

)

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before taxes

 

$

100.8

 

$

77.1

 

$

200.3

 

$

164.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other expense, net by reportable segment

 

 

 

 

 

 

 

 

 

Pressure-sensitive Materials

 

$

7.1

 

$

32.9

 

$

12.7

 

$

34.2

 

Retail Branding and Information Solutions

 

20.0

 

5.6

 

25.5

 

11.6

 

Vancive Medical Technologies

 

.6

 

 

1.7

 

 

Corporate

 

 

 

2.1

 

 

 

 

 

 

 

 

 

 

 

 

Other expense, net

 

$

27.7

 

$

38.5

 

$

42.0

 

$

45.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other expense, net by type

 

 

 

 

 

 

 

 

 

Restructuring costs:

 

 

 

 

 

 

 

 

 

Severance and related costs

 

$

16.8

 

$

35.9

 

$

30.3

 

$

42.9

 

Asset impairment charges and lease cancellation costs

 

3.2

 

2.6

 

3.6

 

2.9

 

Other items:

 

 

 

 

 

 

 

 

 

Loss on sale of product line and related exit costs

 

7.7

 

 

10.3

 

 

Gain on sale of assets

 

 

(.6

)

(1.7

)

(.6

)

Loss from curtailment of pension obligation

 

 

.6

 

 

.6

 

Legal settlement

 

 

 

(.5

)

 

 

 

 

 

 

 

 

 

 

 

Other expense, net

 

$

27.7

 

$

38.5

 

$

42.0

 

$

45.8