Annual report pursuant to Section 13 and 15(d)

Segment Information - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Detail)

v3.24.0.1
Segment Information - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Contribution margin      
Total Contribution margin $ 2,212.2 $ 2,340.7 $ 2,729.8
Selling, general and administrative expenses [1] 1,866.0 1,810.4 2,012.1
Other operating income (10.2) (14.9) (16.4)
Interest expense 165.9 139.3 153.1
Interest income 11.5 6.1 4.4
Other (income) expense, net (1.0) (12.8) 24.6
Income before income taxes 203.0 424.8 560.8
Income taxes 60.8 103.5 113.6
Net income 142.2 321.3 447.2
Primary Reporting Segment [Member]      
Contribution margin      
Total Contribution margin 1,937.8 2,005.3 2,175.6
China [Member]      
Contribution margin      
Total Contribution margin 274.4 335.4 554.2
Other operating income $ (10.2) $ (14.9) $ (16.4)
[1] Contribution margin consists of net sales less cost of sales and Royalty overrides. For the China segment, contribution margin does not include the portion of service fees to China independent service providers that is included in selling, general, and administrative expenses, which totaled $165.0 million, $196.2 million, and $350.1 million for the years ended December 31, 2023, 2022, and 2021, respectively.