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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2016
Segment Reporting, Measurement Disclosures [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
We determine segment profit by deducting the related costs and expenses from segment revenue. In order to ensure comparability between periods, segment profit includes an allocation of global marketing expenses based on actual revenues. Segment profit excludes global expenses other than marketing, costs to implement ("CTI") restructuring initiative (see Note 12, Restructuring Initiatives), certain significant asset impairment charges, charges related to the devaluations of Venezuela currency (see Note 1, Accounting Policies), and other items, which are not allocated to a particular segment, if applicable. This is consistent with the manner in which we assess our performance and allocate resources.
Effective January, 1, 2016, we have updated our reportable segments. Prior periods have been restated to conform with the new presentation. Summarized financial information concerning our reportable segments was as follows:
 
Three Months Ended March 31,
 
2016
 
2015
Europe, Middle East & Africa
$
520.4

 
$
532.1

South Latin America
426.4

 
590.9

North Latin America
204.7

 
229.3

Asia Pacific
136.7

 
164.1

Total Segment Revenue
1,288.2

 
1,516.4

Other operating segments and business activities
18.3

 
35.7

Total Revenue
$
1,306.5

 
$
1,552.1


 
Three Months Ended March 31,
 
2016
 
2015
Europe, Middle East & Africa
$
68.7

 
$
63.9

South Latin America
23.1

 
67.7

North Latin America
28.5

 
28.7

Asia Pacific
14.7

 
22.2

Total Segment Profit
$
135.0

 
$
182.5

Other operating segments and business activities
4.2

 
5.1

Unallocated global expenses
(84.6
)
 
(86.8
)
CTI restructuring initiatives
(46.8
)
 
$
(27.3
)
Venezuelan special items

 
$
(106.4
)
Operating Profit
$
7.8

 
$
(32.9
)


Other operating segments and business activities include the business results for Liz Earle, which was sold in July 2015, and Venezuela, which was deconsolidated effective March 31, 2016. Other operating segments and business activities also include revenue from the sale of products to New Avon since its separation from Avon on March 1, 2016 and ongoing royalties from the licensing of our name and products.