Segment Information The Company has three reportable segments based on its business activities and organization:  North America  The North America segment primarily consists of sales of Ralph Lauren branded apparel, footwear, accessories, home furnishings, and related products made through the Company's retail and wholesale businesses in the U.S. and Canada, excluding Club Monaco. In North America, the Company's retail business is primarily comprised of its Ralph Lauren stores, its factory stores, and its digital commerce site, www.RalphLauren.com. The Company's wholesale business in North America is comprised primarily of sales to department stores, and to a lesser extent, specialty stores.  Europe  The Europe segment primarily consists of sales of Ralph Lauren branded apparel, footwear, accessories, home furnishings, and related products made through the Company's retail and wholesale businesses in Europe, the Middle East, and Latin America, excluding Club Monaco. In Europe, the Company's retail business is primarily comprised of its Ralph Lauren stores, its factory stores, its concession-based shop-within-shops, and its various digital commerce sites. The Company's wholesale business in Europe is comprised of a varying mix of sales to both department stores and specialty stores, depending on the country.  Asia  The Asia segment primarily consists of sales of Ralph Lauren branded apparel, footwear, accessories, home furnishings, and related products made through the Company's retail and wholesale businesses in Asia, Australia, and New Zealand. The Company's retail business in Asia is primarily comprised of its Ralph Lauren stores, its factory stores, its concession-based shop-within-shops, and its digital commerce site, www.RalphLauren.cn, which launched in September 2018. In addition, the Company sells its products online through various third-party digital partner commerce sites. In Asia, the Company's wholesale business is comprised primarily of sales to department stores, with related products distributed through shop-within-shops. No operating segments were aggregated to form the Company's reportable segments. In addition to these reportable segments, the Company also has other non-reportable segments, which primarily consist of (i) sales of Club Monaco branded products made through its retail and wholesale businesses in the U.S., Canada, and Europe, and its licensing alliances in Europe and Asia, and (ii) royalty revenues earned through its global licensing alliances, excluding Club Monaco. The Company's segment reporting structure is consistent with how it establishes its overall business strategy, allocates resources, and assesses performance of its business. The accounting policies of the Company's segments are consistent with those described in Notes 2 and 3 of the Fiscal 2019 10-K. Sales and transfers between segments are generally recorded at cost and treated as transfers of inventory. All intercompany revenues are eliminated in consolidation and are not reviewed when evaluating segment performance. Each segment's performance is evaluated based upon net revenues and operating income before restructuring-related charges, impairment of assets, and certain other one-time items, if any. Certain corporate overhead expenses related to global functions, most notably the Company's executive office, information technology, finance and accounting, human resources, and legal departments, largely remain at corporate. Additionally, other costs that cannot be allocated to the segments based on specific usage are also maintained at corporate, including corporate advertising and marketing expenses, depreciation and amortization of corporate assets, and other general and administrative expenses resulting from corporate-level activities and projects. Effective beginning in the first quarter of Fiscal 2020, operating results related to the Company's business in Latin America are included within its Europe segment due to a change in the way in which the Company manages this business. Previously, such results were included within the Company's other non-reportable segments. All prior period segment information has been recast to reflect this change on a comparative basis. Net revenues and operating income for each of the Company's segments are as follows: Three Months Ended Nine Months Ended December 28, 2019 December 29, 2018 December 28, 2019 December 29, 2018 (millions) Net revenues: North America $ 910.6 $ 908.7 $ 2,511.2 $ 2,494.5 Europe 437.8 425.0 1,278.8 1,245.0 Asia 289.6 274.8 803.5 767.5 Other non-reportable segments 112.7 117.3 292.2 300.3 Total net revenues $ 1,750.7 $ 1,725.8 $ 4,885.7 $ 4,807.3 Three Months Ended Nine Months Ended December 28, 2019 December 29, 2018 December 28, 2019 December 29, 2018 (millions) Operating income (a) : North America $ 202.7 $ 204.3 $ 560.5 $ 574.0 Europe 111.9 92.6 331.9 294.2 Asia 46.6 47.9 135.6 123.3 Other non-reportable segments 29.5 41.4 85.2 95.6 390.7 386.2 1,113.2 1,087.1 Unallocated corporate expenses (159.3 ) (152.3 ) (461.3 ) (474.8 ) Unallocated restructuring and other charges (b) (7.0 ) (40.1 ) (51.1 ) (78.4 ) Total operating income $ 224.4 $ 193.8 $ 600.8 $ 533.9 (a) Segment operating income and unallocated corporate expenses during the three-month and nine-month periods ended December 28, 2019 and December 29, 2018 included certain restructuring-related inventory charges (see Note 8 ) and asset impairment charges (see Note 7 ), which are detailed below: Three Months Ended Nine Months Ended December 28, 2019 December 29, 2018 December 28, 2019 December 29, 2018 (millions) Restructuring-related inventory charges: Europe $  $ (3.1 ) $ (0.1 ) $ (3.1 ) Asia   (0.9 )  Total restructuring-related inventory charges $  $ (3.1 ) $ (1.0 ) $ (3.1 ) Three Months Ended Nine Months Ended December 28, 2019 December 29, 2018 December 28, 2019 December 29, 2018 (millions) Asset impairment charges: North America $ (0.4 ) $ (1.1 ) $ (0.4 ) $ (1.4 ) Europe  (0.3 )  (1.8 ) Asia (2.4 )  (2.4 ) (3.7 ) Other non-reportable segments (8.6 ) (0.5 ) (12.4 ) (5.8 ) Unallocated corporate expenses (3.0 ) (0.3 ) (6.5 ) (0.6 ) Total asset impairment charges $ (14.4 ) $ (2.2 ) $ (21.7 ) $ (13.3 ) (b) The three-month and nine-month periods ended December 28, 2019 and December 29, 2018 included certain unallocated restructuring and other charges (see Note 8 ), which are detailed below: Three Months Ended Nine Months Ended December 28, 2019 December 29, 2018 December 28, 2019 December 29, 2018 (millions) Unallocated restructuring and other charges: North America-related $  $ (14.1 ) $ (0.7 ) $ (17.6 ) Europe-related (0.1 ) (3.7 ) (3.2 ) (12.7 ) Asia-related (0.1 ) (0.4 ) (0.9 ) (0.2 ) Other non-reportable segment-related (0.1 ) (1.5 ) (0.8 ) (2.7 ) Corporate-related (3.7 ) (16.9 ) (18.5 ) (30.5 ) Unallocated restructuring charges (4.0 ) (36.6 ) (24.1 ) (63.7 ) Other charges (see Note 8) (3.0 ) (3.5 ) (27.0 ) (14.7 ) Total unallocated restructuring and other charges $ (7.0 ) $ (40.1 ) $ (51.1 ) $ (78.4 ) Depreciation and amortization expense for the Company's segments is as follows: Three Months Ended Nine Months Ended December 28, 2019 December 29, 2018 December 28, 2019 December 29, 2018 (millions) Depreciation and amortization: North America $ 18.9 $ 21.7 $ 56.4 $ 61.8 Europe 8.4 8.6 23.7 25.1 Asia 14.9 12.2 44.6 36.8 Other non-reportable segments 1.4 1.8 4.2 5.6 Unallocated corporate expenses 24.6 24.2 72.1 72.2 Unallocated restructuring and other charges (see Note 8)  3.5  10.5 Total depreciation and amortization $ 68.2 $ 72.0 $ 201.0 $ 212.0 Net revenues by geographic location of the reporting subsidiary are as follows: Three Months Ended Nine Months Ended December 28, 2019 December 29, 2018 December 28, 2019 December 29, 2018 (millions) Net revenues (a) : The Americas (b) $ 1,025.4 $ 1,033.4 $ 2,808.4 $ 2,807.0 Europe (c) 435.5 417.4 1,273.0 1,231.8 Asia (d) 289.8 275.0 804.3 768.5 Total net revenues $ 1,750.7 $ 1,725.8 $ 4,885.7 $ 4,807.3 (a) Net revenues for certain of the Company's licensed operations are included within the geographic location of the reporting subsidiary which holds the respective license. (b) Includes the U.S., Canada, and Latin America. Net revenues earned in the U.S. during the three-month and nine-month periods ended December 28, 2019 were $966.0 million and $2.637 billion , respectively, and $968.9 million and $2.631 billion during the three-month and nine-month periods ended December 29, 2018 . (c) Includes the Middle East. (d) Includes Australia and New Zealand.