Segment and Disaggregated Revenue Information

9 Months Ended

Sep. 26, 2020

Segment and Disaggregated Revenue Information

Segment and Disaggregated Revenue Information

Note 13. Segment and Disaggregated Revenue Information

Disaggregated Revenue Information

Disaggregated revenue information is shown below in the manner that best depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.  Revenue from our LGM reportable segment is attributed to geographic areas based on the location from which products are shipped.  Revenue from our RBIS reportable segment is shown by product group.

	Three Months Ended				Nine Months Ended
(In millions)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Net sales to unaffiliated customers
Label and Graphic Materials:
U.S.	$	320.7	$	315.8	$	963.9	$	947.6
Europe		404.6		429.5		1,272.2		1,331.6
Asia		264.4		266.8		736.4		790.1
Latin America		84.1		99.0		245.2		284.0
Other international		71.6		74.0		202.7		216.4
Total Label and Graphic Materials		1,145.4		1,185.1		3,420.4		3,569.7
Retail Branding and Information Solutions:
Apparel		371.5		353.8		985.1		1,077.3
Printer Solutions		54.6		53.0		137.8		146.1
Total Retail Branding and Information Solutions		426.1		406.8		1,122.9		1,223.4
Industrial and Healthcare Materials		157.6		169.5		437.3		504.1
Net sales to unaffiliated customers	$	1,729.1	$	1,761.4	$	4,980.6	$	5,297.2

Additional Segment Information

Additional financial information by reportable segment and Corporate is shown below.

	Three Months Ended				Nine Months Ended
(In millions)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Intersegment sales
Label and Graphic Materials	$	19.8	$	18.2	$	55.1	$	59.5
Retail Branding and Information Solutions		7.3		5.6		19.4		14.8
Industrial and Healthcare Materials		2.0		1.5		4.8		7.0
Intersegment sales	$	29.1	$	25.3	$	79.3	$	81.3
Income before taxes
Label and Graphic Materials	$	173.1	$	159.0	$	483.1	$	460.6
Retail Branding and Information Solutions		47.0		45.7		67.2		147.5
Industrial and Healthcare Materials		12.5		17.7		34.9		47.8
Corporate expense		(19.1)		(22.7)		(49.0)		(65.5)
Interest expense		(15.6)		(19.0)		(54.4)		(58.0)
Other non-operating expense (income), net		(.1)		(.8)		.2		(448.2)
Income before taxes	$	197.8	$	179.9	$	482.0	$	84.2
Other expense (income), net, by reportable segment and Corporate
Label and Graphic Materials	$	1.4	$	1.2	$	28.3	$	13.2
Retail Branding and Information Solutions		4.4		1.2		20.6		.9
Industrial and Healthcare Materials		6.6		.9		8.6		4.2
Corporate		—		3.4		(.2)		3.4
Other expense (income), net	$	12.4	$	6.7	$	57.3	$	21.7
Other expense (income), net, by type
Restructuring charges:
Severance and related costs	$	6.5	$	3.3	$	46.4	$	19.8
Asset impairment charges and lease cancellation costs		4.4		—		6.2		1.7
Other items:
Loss on investment		1.5		—		1.5		—
Transaction and related costs		—		—		3.2		—
Legal settlement		—		3.4		—		3.4
Gain on sales of assets		—		—		—		(3.2)
Other expense (income), net	$	12.4	$	6.7	$	57.3	$	21.7