Graco 2009 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 2009 Graco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 86

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86

Newell Rubbermaid Inc. 2009 Annual Report
77
The reportable segments are as follows:
Segment Description of Products
Home & Family Infant and juvenile products such as car seats, strollers, highchairs, and playards; gourmet cookware,
bakeware, cutlery and small kitchen electrics; hair care accessories; cabinet hardware, drapery hardware
and window treatments; and indoor/outdoor organization, food storage, and home storage products
Office Products Writing instruments, including markers, highlighters, pens, pencils, and fine writing instruments; office
technology solutions such as label makers and printers, interactive teaching solutions, card-scanning
solutions, and on-line postage; and art products
Tools, Hardware & Commercial Products Hand tools, power tool accessories, industrial bandsaw blades, propane torches, and manual paint applicators;
window hardware; cleaning and refuse products, hygiene systems and material handling solutions
The Company’s segment results are as follows as of and for the years ended December 31, (in millions):
2009 2008 (1) 2007 (1)
Net Sales (2)
Home & Family $ 2,377.2 $ 2,654.8 $ 2,610.8
Office Products 1,674.7 1,990.8 2,026.2
Tools, Hardware & Commercial Products 1,525.7 1,825.0 1,770.3
$ 5,577.6 $ 6,470.6 $ 6,407.3
Operating Income (3)
Home & Family $ 274.7 $ 218.3 $ 307.5
Office Products 235.2 212.4 315.8
Tools, Hardware & Commercial Products 245.6 271.7 285.0
Corporate (80.6) (81.9) (82.0)
Impairment charges — (299.4) —
Restructuring costs (100.0) (120.3) (86.0)
$ 574.9 $ 200.8 $ 740.3
Depreciation & Amortization
Home & Family $ 51.3 $ 52.1 $ 54.9
Office Products 39.6 49.7 52.2
Tools, Hardware & Commercial Products 48.9 51.0 46.6
Corporate 35.3 30.5 23.3
$ 175.1 $ 183.3 $ 177.0
Capital Expenditures (4)
Home & Family $ 30.8 $ 35.3 $ 36.4
Office Products 35.2 20.9 25.4
Tools, Hardware & Commercial Products 26.2 33.4 26.8
Corporate 61.1 68.2 68.7
$ 153.3 $ 157.8 $ 157.3
Identifiable Assets
Home & Family $ 878.8 $ 987.3
Office Products 970.3 1,184.6
Tools, Hardware & Commercial Products 892.2 969.4
Corporate (5) 3,682.6 3,651.2
$ 6,423.9 $ 6,792.5