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42
Energizer Holdings, Inc. 2007 Annual Report
Geographic segment information on a legal entity basis:
2007 2006 2005
Net Sales to Customers
United States $1,561.4 $1,474.5 $1,409.2
International 1,803.7 1,602.4 1,580.6
Total net sales $3,365.1 $3,076.9 $2,989.8
Long-Lived Assets
United States $ 515.7 $ 502.4
Germany 137.9 126.5
Other International 197.5 197.4
Total long-lived assets $ 851.1 $ 826.3
The Company’s international net sales are derived from cus-
tomers in numerous countries, with sales to customers in Japan rep-
resenting 4.4%, 5.0% and 5.7% of the Company’s total sales in
2007, 2006 and 2005, respectively. Sales to customers in all other
single foreign countries represented less than 5% of the Company’s
total sales for each of the three years ended September 30.
Supplemental product information is presented below
for net sales:
2007 2006 2005
Net Sales
Alkaline batteries $1,461.9 $1,338.0 $1,330.0
Carbon zinc batteries 249.9 242.2 254.0
Other batteries
and lighting products 664.5 566.9 475.0
Razors and Blades 988.8 929.8 930.8
Total net sales $3,365.1 $3,076.9 $2,989.8
18. Presentation of Statements of Cash Flows
The Statement of Cash Flows for fiscal year 2005 was adjusted in
accordance with SFAS 123R to reflect excess tax benefits of $20.9
as an inflow from financing activities.
In prior years’ Consolidated Statements of Cash Flows, certain
borrowings and repayments under revolving lines of credit were
presented separately in the financing section (gross basis). For debt
instruments with original maturities of less than 90 days, SFAS No.
95, “Statement of Cash Flows,” permits borrowings and repayments
to be netted for presentation in the Consolidated Statements of
Cash Flows. For fiscal 2006, the Company began presenting all
borrowings with original maturities of less than 90 days, including
those under the aforementioned revolving lines of credit, on a net
basis and only borrowings with original maturities of 90 days or
greater will be presented on a gross basis. Prior year amounts have
been changed to conform to the current presentation.
Notes to Consolidated Financial Statements
(Dollars in millions, except per share and percentage data)