Sunbeam 2011 Annual Report Download - page 72

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70
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2011 (Dollars in millions, except per share data and unless otherwise indicated)
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) (3) 277.6 280.5 104.0 30.3 — 692.4 (86.7) 605.7
Adjustments to reconcile to
reported operating earnings (loss):
Reorganization costs (3) (48.5) — — — — (48.5) — (48.5)
Impairment of goodwill and
intangibles (0.8) — (22.1) — — (22.9) — (22.9)
Other (4) — 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:
Capital expenditures 44.0 29.0 27.2 7.0 — 107.2 0.2 107.4
(1) Consolidated amount is net of gain on the sale of certain domestic assets recorded in the Outdoor Solutions segment.
(2) Comprised of $52.4 of acquisition-related and other charges, which primarily relate to acquisitions (see Note 3) and a $10.1 mark-to-market gain
associated with the Company’s Euro-denominated debt and intercompany loans.
(3) Segment Earnings for the Consumer Solutions segment includes reorganization costs of $3.8 (see Note 16).
(4) 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, 2011, 2010 and 2009 is as follows:
18. Accumulated Other Comprehensive Income (Loss)
The components of AOCI at December 31, 2011 and 2010 are as follows:
(In millions) Domestic International Total
2011
Net sales $ 4,082.7 $ 2,597.2 $ 6,679.9
Long-lived assets 309.9 306.0 615.9
2010
Net sales $ 3,830.4 $ 2,192.3 $ 6,022.7
Long-lived assets 333.1 325.8 658.9
2009
Net sales $ 3,538.0 $ 1,614.6 $ 5,152.6
(In millions) 2011 2010
Foreign currency translation adjustment $ 4.0 $ 29.4
Derivative financial instruments and other, net 1.1 (12.2)
Accrued benefit costs, net (61.8) (42.0)
Total accumulated other comprehensive income (loss) $ (56.7) $ (24.8)