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Segment Information (Notes)
 3 Months Ended
Apr. 30, 2018
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION

The Company's reportable segments are as follows:

•
Americas includes sales in Company-operated TIFFANY & CO. stores in the United States, Canada and Latin America, as well as sales of TIFFANY & CO. products in certain markets through Internet, catalog, business-to-business and wholesale operations;

•
Asia-Pacific includes sales in Company-operated TIFFANY & CO. stores, as well as sales of TIFFANY & CO. products in certain markets through Internet and wholesale operations;

•
Japan includes sales in Company-operated TIFFANY & CO. stores, as well as sales of TIFFANY & CO. products through Internet, business-to-business and wholesale operations;

•
Europe includes sales in Company-operated TIFFANY & CO. stores, as well as sales of TIFFANY & CO. products in certain markets through Internet and wholesale operations; and

•
Other consists of all non-reportable segments. Other includes the Emerging Markets region, which includes sales in Company-operated TIFFANY & CO. stores and wholesale operations in the Middle East. In addition, Other includes wholesale sales of diamonds, as well as earnings received from third-party licensing agreements.

Certain information relating to the Company's segments is set forth below:
 
Three Months Ended April 30,
(in millions)
2018
 
2017
Net sales:
 
 
 
Americas
$
425.3

 
$
391.7

Asia-Pacific
328.6

 
257.3

Japan
150.6

 
128.4

Europe
107.0

 
94.6

Total reportable segments
1,011.5

 
872.0

Other
21.7

 
27.6

 
$
1,033.2

 
$
899.6

Earnings from operations*:
 
 
 
Americas
$
74.9

 
$
62.4

Asia-Pacific
100.1

 
73.1

Japan
58.3

 
42.8

Europe
14.2

 
13.6

Total reportable segments
247.5

 
191.9

Other
2.3

 
3.1

 
$
249.8

 
$
195.0

* Represents earnings from operations before (i) unallocated corporate expenses, (ii) Interest expense and financing costs and (iii) Other expense, net.

The following table sets forth a reconciliation of the segments' earnings from operations to the Company's consolidated earnings from operations before income taxes:
 
Three Months Ended April 30,
(in millions)
2018
 
2017
Earnings from operations for segments
$
249.8

 
$
195.0

Unallocated corporate expenses
(45.5
)
 
(45.4
)
Interest expense and financing costs
(9.9
)
 
(10.6
)
Other expenses, net
(3.9
)
 
(2.9
)
Earnings from operations before income taxes
$
190.5

 
$
136.1



Unallocated corporate expenses include certain costs related to administrative support functions which the Company does not allocate to its segments. Such unallocated costs include those for centralized information technology, finance, legal and human resources departments.