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Segment Information
3 Months Ended
Apr. 01, 2017
Segment Information  
Segment Information

 

Note 16.  Segment Information

 

Financial information by reportable segment is set forth below:

 

 

 

Three Months Ended

(In millions)

 

April 1, 2017

 

April 2, 2016

 

Net sales to unaffiliated customers

 

 

 

 

 

Label and Graphic Materials

 

$

1,089.6

 

$

1,012.6

 

Retail Branding and Information Solutions

 

366.8

 

359.5

 

Industrial and Healthcare Materials

 

115.7

 

113.4

 

 

 

 

 

 

 

Net sales to unaffiliated customers

 

$

1,572.1

 

$

1,485.5

 

 

 

 

 

 

 

 

 

Intersegment sales

 

 

 

 

 

Label and Graphic Materials

 

$

15.2

 

$

16.8

 

Retail Branding and Information Solutions

 

.9

 

.9

 

Industrial and Healthcare Materials

 

1.6

 

2.5

 

 

 

 

 

 

 

Intersegment sales

 

$

17.7

 

$

20.2

 

 

 

 

 

 

 

 

 

Income before taxes

 

 

 

 

 

Label and Graphic Materials

 

$

135.8

 

$

126.6

 

Retail Branding and Information Solutions

 

26.6

 

21.5

 

Industrial and Healthcare Materials

 

12.8

 

15.6

 

Corporate expense

 

(22.6

)

(24.9

)

Interest expense

 

(16.7

)

(15.3

)

 

 

 

 

 

 

Income before taxes

 

$

135.9

 

$

123.5

 

 

 

 

 

 

 

 

 

Other expense, net by reportable segment

 

 

 

 

 

Label and Graphic Materials

 

$

2.2

 

$

2.1

 

Retail Branding and Information Solutions

 

3.8

 

3.2

 

Industrial and Healthcare Materials

 

.5

 

.3

 

 

 

 

 

 

 

Other expense, net

 

$

6.5

 

$

5.6

 

 

 

 

 

 

 

 

 

Other expense, net by type

 

 

 

 

 

Restructuring charges:

 

 

 

 

 

Severance and related costs

 

$

5.7

 

$

5.2

 

Asset impairment charges and lease cancellation costs

 

 

.4

 

Other items:

 

 

 

 

 

Transaction costs

 

.8

 

 

 

 

 

 

 

 

Other expense, net

 

$

6.5

 

$

5.6