Segment Financial Information (Notes)

3 Months Ended

Mar. 31, 2015

We report financial results on the basis of two reportable segments organized by geographic region: the Americas and EMEA-APAC. Both the Americas and EMEA-APAC segments provide laboratory products, services and solutions to customers in the life science, general research and applied markets, including the pharmaceutical, biotechnology, agricultural, chemical, environmental, food and beverage, health care, microelectronic and petrochemical industries, as well as governmental agencies, universities and research institutes and environmental organizations.

Beginning January 1, 2015, we are comprised of two operating segments: (i) Americas and (ii) EMEA-APAC. Previously, we had a third operating segment, Emerging Businesses, which is now part of the Americas. We changed our operating segments to align with our new basis of managing the business. Our operating segments are now the same as our reportable segments.

Corporate costs are managed centrally and attributed to the Americas segment.

The following table presents segment financial information (in millions):



	Three Months Ended March 31,
	2015		2014
Net sales:
Americas	$	605.3	$	568.4
EMEA-APAC	424.3		488.2
Total	$	1,029.6	$	1,056.6
Operating income:
Americas	$	35.7	$	29.6
EMEA-APAC	38.1		47.4
Total	$	73.8	$	77.0

Inter-segment activity has been eliminated; therefore, net sales for each reportable segment are all from external customers.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

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