General form of registration statement for all companies including face-amount certificate companies

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables) - Mafco Worldwide & Merisant
12 Months Ended
Dec. 31, 2019
Summary of estimated useful lives of property, plant and equipment

 

 

 

Land, building and building improvements

    

10 – 40 years

Machinery and equipment

 

3 – 20 years

Furniture and fixtures

 

3 – 10 years

Vehicles

 

3 – 10 years

Computers

 

3 – 5 years

 

Summary of revenue disaggregated by product categories and operating segment

The following table presents the Company’s revenues disaggregated by product categories:

 

 

 

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

Sweeteners

 

$

165.9

 

$

173.8

 

$

168.1

Licorice products

 

 

106.3

 

 

117.2

 

 

119.9

Total Product revenues, net

 

$

272.2

 

$

291.0

 

$

288.0

 

The following table presents the Company’s revenues disaggregated by operating segment:

 

 

 

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

Merisant — North America

 

$

60.0

 

$

59.0

 

$

57.6

Merisant — Europe, Middle East and Africa

 

 

76.0

 

 

82.0

 

 

77.9

Merisant — Asia-Pacific

 

 

17.8

 

 

17.0

 

 

15.4

Merisant — Latin America

 

 

12.1

 

 

15.8

 

 

17.2

Mafco Worldwide

 

 

106.3

 

 

117.2

 

 

119.9

Total Product revenues, net

 

$

272.2

 

$

291.0

 

$

288.0