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Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2009
(Dollars in millions, except per share data and unless otherwise indicated)
Total
Outdoor Consumer Branded Process Intercompany Operating Corporate/
(In millions) Solutions Solutions Consumables Solutions Eliminations Segments Unallocated Consolidated
2007
Net sales $ 1,698.6 $ 1,869.2 $ 806.2 $ 353.6 $ (67.5) $ 4,660.1 $ — $ 4,660.1
Segment earnings (loss) 210.1 271.1 100.4 35.0 — 616.6 (115.1) 501.5
Adjustments to reconcile to
reported operating earnings (loss):
Fair value adjustment
to inventory (115.8) — — (3.1) — (118.9) — (118.9)
Reorganization costs (9.7) (17.0) (14.7) (2.8) — (44.2) (5.4) (49.6)
Other integration-related costs (1.4) (1.1) (0.9) (1.2) — (4.6) — (4.6)
Depreciation and amortization (39.4) (26.9) (18.1) (10.3) — (94.7) (1.7) (96.4)
Operating earnings (loss) $ 43.8 $ 226.1 $ 66.7 $ 17.6 $ — $ 354.2 $(122.2) $ 232.0
Other segment data:
Capital expenditures 30.5 21.9 13.1 10.6 — 76.1 5.1 81.2
(1) For 2009, Segment Earnings for the Consumer Solutions segment includes reorganization costs of $3.8 (see Note 16).
(2) Consolidated amount of $17.1 represents executive stock compensation resulting from a strategic review of executive long-term
incentive compensation.
Note: Intersegment sales are recorded at cost plus an agreed upon profit.
Geographic Information
Geographic information as of and for the years ended December 31, 2009, 2008 and 2007 is as follows:
(In millions) Domestic International Total
2009
Net sales $ 3,538.0 $ 1,614.6 $ 5,152.6
Long-lived assets 298.9 206.8 505.7
2008
Net sales $ 3,670.1 $ 1,713.2 $ 5,383.3
Long-lived assets 292.4 214.5 506.9
2007
Net sales $ 3,235.3 $ 1,424.8 $ 4,660.1
Long-lived assets 2,944.6 303.7 3,248.3
18. Accumulated Other Comprehensive Income
The components of AOCI at December 31, 2009 and 2008 are as follows:
December 31,
(In millions) 2009 2008
Foreign currency translation adjustment $ 28.2 $ (10.9)
Derivative financial instruments and other, net (14.8) 1.5
Accrued benefit costs, net (34.3) (42.4)
Total accumulated other comprehensive income (loss) $ (20.9) $ (51.8)
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