|
| | | | | | | | | | | | | | | | | | | | | | | | |
Fiscal 2015 | | Consumer Products | | Insurance | | Corporate and Other | | Discontinued Operations | | Eliminations and adjustments | | Total |
Revenues: | | | | | | | | | | | | |
Net consumer and other product sales | | $ | 4,690.4 |
| | $ | — |
| | $ | 42.7 |
| | $ | — |
| | $ | — |
| | $ | 4,733.1 |
|
Net investment income | | — |
| | 8.9 |
| | 20.6 |
| | — |
| | 54.8 |
| | 84.3 |
|
Net investment gains (losses) | | — |
| | (107.7 | ) | | — |
| | — |
| | (6.3 | ) | | (114.0 | ) |
Insurance and investment product fees and other | | — |
| | — |
| | 0.1 |
| | — |
| | 6.2 |
| | 6.3 |
|
Total revenues | | 4,690.4 |
| | (98.8 | ) | | 63.4 |
| | — |
| | 54.7 |
| | 4,709.7 |
|
Operating costs and expenses: | | | | | | | | | | | | |
Cost of consumer products and other goods sold | | 3,020.0 |
| | — |
| | 30.9 |
| | — |
| | — |
| | 3,050.9 |
|
Benefits and other changes in policy reserves | | — |
| | (43.5 | ) | | — |
| | — |
| | 114.1 |
| | 70.6 |
|
Selling, acquisition, operating and general expenses | | 1,108.5 |
| | 13.4 |
| | 181.1 |
| | — |
| | (1.7 | ) | | 1,301.3 |
|
Impairments and bad debt expense | | — |
| | — |
| | 148.1 |
| | — |
| | 5.2 |
| | 153.3 |
|
Amortization of intangibles | | 87.8 |
| | — |
| | — |
| | — |
| | — |
| | 87.8 |
|
Total operating costs and expenses | | 4,216.3 |
| | (30.1 | ) | | 360.1 |
| | — |
| | 117.6 |
| | 4,663.9 |
|
Operating income | | 474.1 |
| | (68.7 | ) | | (296.7 | ) | | — |
| | (62.9 | ) | | 45.8 |
|
Equity in net loss of subsidiaries | | — |
| | — |
| | (232.4 | ) | | — |
| | 232.4 |
| | — |
|
Interest expense | | (271.9 | ) | | — |
| | (124.2 | ) | | — |
| | (5.5 | ) | | (401.6 | ) |
Affiliated interest expense | | — |
| | — |
| | (29.6 | ) | | — |
| | 29.6 |
| | — |
|
Gain on deconsolidation of subsidiary | | — |
| | — |
| | 38.5 |
| | — |
| | — |
| | 38.5 |
|
Other income (expense), net | | (8.9 | ) | | — |
| | 29.8 |
| | — |
| | (10.7 | ) | | 10.2 |
|
Income (loss) from continuing operations before income taxes | | 193.3 |
| | (68.7 | ) | | (614.6 | ) | | — |
| | 182.9 |
| | (307.1 | ) |
Income tax expense (benefit) | | 43.9 |
| | (24.0 | ) | | (17.5 | ) | | — |
| | (18.6 | ) | | (16.2 | ) |
Net income (loss) from continuing operations | | 149.4 |
| | (44.7 | ) | | (597.1 | ) | | — |
| | 201.5 |
| | (290.9 | ) |
(Loss) income from discontinued operations, net of tax | | — |
| | — |
| | — |
| | (221.5 | ) | | — |
| | (221.5 | ) |
Net (loss) income | | 149.4 |
| | (44.7 | ) | | (597.1 | ) | | (221.5 | ) | | 201.5 |
| | (512.4 | ) |
Less: Net income attributable to noncontrolling interest | | 62.7 |
| | — |
| | (40.3 | ) | | 22.0 |
| | — |
| | 44.4 |
|
Net loss attributable to controlling interest | | $ | 86.7 |
| | $ | (44.7 | ) | | $ | (556.8 | ) | | $ | (243.5 | ) | | $ | 201.5 |
| | $ | (556.8 | ) |
