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Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2010 (Dollars in millions, except per share data and unless otherwise indicated)
Segment information as of and for the years ended December 31, 2010, 2009 and 2008 is as follows:
2010
(In millions)
Outdoor
Solutions
Consumer
Solutions
Branded
Consumables
Process
Solutions
Intercompany
Eliminations
Total
Operating
Segments
Corporate/
Unallocated Consolidated
Net Sales $ 2,518.7 $ 1,869.6 $ 1,345.3 $ 342.7 $ (53.6) $ 6,022.7 $ — $ 6,022.7
Segment earnings (loss) 300.9 266.2 195.0 37.1 — 799.2 (89.1) 710.1
Adjustments to reconcile to reported
operating earnings (loss):
Fair value adjustment to inventory (2.1) — (25.3) — — (27.4) — (27.4)
Acquisition-related and other costs (1) (7.4) (4.0) (3.4) — — (14.8) (27.5) (42.3)
Venezuela hyperinflationary and
devaluation charges (see Note 1) — — — — — — (70.6) (70.6)
Impairment of goodwill
and intangibles (0.7) (0.7) (18.3) — — (19.7) — (19.7)
Depreciation and amortization (62.1) (28.1) (39.0) (12.1) — (141.3) (1.5) (142.8)
Operating earnings (loss) $ 228.6 $ 233.4 $ 109.0 $ 25.0 $ — $ 596.0 $ (188.7) $ 407.3
Other segment data:
Total assets $ 2,785.4 $ 1,818.6 $ 1,897.1 $ 200.5 $ — $ 6,701.6 $ 391.4 $ 7,093.0
Capital expenditures 48.0 24.3 30.7 7.5 — 110.5 27.0 137.5
2009
(In millions)
Outdoor
Solutions
Consumer
Solutions
Branded
Consumables
Process
Solutions
Intercompany
Eliminations
Total
Operating
Segments
Corporate/
Unallocated Consolidated
Net Sales $ 2,311.8 $ 1,835.9 $ 792.1 $ 262.6 $ (49.8) $ 5,152.6 $ — $ 5,152.6
Segment earnings (loss) (2) 277.6 280.5 104.0 30.3 — 692.4 (86.7) 605.7
Adjustments to reconcile to
reported operating earnings (loss):
Reorganization costs (2) (48.5) — — — — (48.5) — (48.5)
Impairment of goodwill and
intangibles (0.8) — (22.1) — — (22.9) — (22.9)
Other (3) — 9.2 — — — 9.2 (26.3) (17.1)
Depreciation and amortization (66.7) (29.3) (21.9) (11.6) — (129.5) (0.8) (130.3)
Operating earnings (loss) $ 161.6 $ 260.4 $ 60.0 $ 18.7 $ — $ 500.7 $ (113.8) $ 386.9
Other segment data:
Total assets $ 2,570.1 $ 1,771.8 $ 890.2 $ 190.0 $ — $ 5,422.1 $ 601.5 $ 6,023.6
Capital expenditures 44.0 29.0 27.2 7.0 — 107.2 0.2 107.4
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