Reportable Business Segments (Tables)

12 Months Ended

Dec. 31, 2012

Segment Reporting, Measurement Disclosures [Abstract]

Summary of nature of operations of reportable segment

The table below details the nature of the operations for each reportable segment:




Segment	Product or Services	Markets Served	Geographic Areas
Residential Heating & Cooling	Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts	Residential Replacement; Residential New Construction	United States Canada
Commercial Heating & Cooling	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment	Light Commercial	United States Canada Europe
Refrigeration	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems	Light Commercial Food Preservation; Non-Food/Industrial	United States Canada Europe Asia Pacific South America

Net sales, segment profit (loss) by business segment and reconciliation of segment profit (loss) to Income from Continuing Operations before Income Taxes

Net sales and segment profit (loss) by business segment, along with a reconciliation of segment profit (loss) to Income from continuing operations before income taxes are shown below (in millions):



	For the Years Ended December 31,
	2012			2011			2010
Net Sales ⁽¹⁾
Residential Heating & Cooling	$	1,375.8		$	1,259.5		$	1,338.5
Commercial Heating & Cooling	785.4			776.2			695.8
Refrigeration	788.2			805.2			550.9
	$	2,949.4		$	2,840.9		$	2,585.2
Segment Profit (Loss) ⁽²⁾
Residential Heating & Cooling	$	102.9		$	87.6		$	146.8
Commercial Heating & Cooling	99.5			87.6			77.8
Refrigeration	81.9			77.5			61.4
Corporate and other	(60.1		)	(54.9		)	(66.0		)
Subtotal that includes segment profit and eliminations	224.2			197.8			220.0
Reconciliation to income from continuing operations before income taxes:
Special product quality adjustment	1.1			(4.3		)	(0.2		)
Items in (Gains) losses and other expenses, net that are excluded from segment profit ⁽³⁾	(0.2		)	5.2			4.3
Restructuring charges	4.2			12.5			11.4
Interest expense, net	17.1			16.8			12.8
Other expense, net	0.3			0.3			1.0
Income from continuing operations before income taxes	$	201.7		$	167.3		$	190.7

⁽¹⁾ On a consolidated basis, no revenues from transactions with a single customer were 10% or greater of our consolidated net sales for any of the periods presented.

⁽²⁾We define segment profit and loss as a segment's income or loss from continuing operations before income taxes included in the accompanying Consolidated Statements of Operations, excluding the following:


•	Special product quality adjustments;


•	Items in (Gains) losses and other expenses, net (see table note 3 below);


•	Restructuring charges;


•	Goodwill, long-lived asset, and equity method investment impairments;


•	Interest expense, net;


•	Other expense, net.

⁽³⁾ Items in (Gains) losses and other expenses, net that are excluded from segment profit include the following: asset impairment, net change in unrealized gains and/or losses on open futures contracts, special legal contingency charge, and other items.

Total assets by business segment



	As of December 31,
	2012		2011		2010
Total Assets
Residential Heating & Cooling	$	457.5	$	453.2	$	474.6
Commercial Heating & Cooling	321.9		306.4		299.1
Refrigeration	585.3		558.2		389.7
Corporate and other	228.6		227.4		349.7
Total assets	1,593.3		1,545.2		1,513.1
Discontinued operations (See Note 17)	98.6		160.5		178.9
Total assets	$	1,691.9	$	1,705.7	$	1,692.0

Summary of capital expenditures by business segment



	For the Years Ended December 31,
	2012		2011		2010
Capital Expenditures
Residential Heating & Cooling	$	13.7	$	10.9	$	17.2
Commercial Heating & Cooling	8.7		6.7		6.5
Refrigeration	15.6		13.2		6.9
Corporate and other	12.2		10.6		12.5
Total capital expenditures	$	50.2	$	41.4	$	43.1

Summary of depreciation and amortization expense by business segment



	For the Years Ended December 31,
	2012		2011		2010
Depreciation and Amortization
Residential Heating & Cooling	$	19.9	$	19.6	$	18.8
Commercial Heating & Cooling	8.5		8.6		8.5
Refrigeration	13.0		14.8		8.7
Corporate and other	14.0		13.6		12.9
Total depreciation and amortization	$	55.4	$	56.6	$	48.9

Schedule of equity method investees



	For the Years Ended December 31,
	2012		2011		2010
Income from Equity Method Investments
Refrigeration	$	2.6	$	2.5	$	1.3
Corporate and other⁽¹⁾	7.9		7.1		8.8
Total income from equity method investments	$	10.5	$	9.6	$	10.1

Summary of financial information relating to geographic area based operations



	For the Years Ended December 31,
	2012		2011		2010
Net Sales to External Customers by Point of Shipment
United States	$	2,147.2	$	2,018.1	$	1,866.4
Canada	226.7		219.2		214.5
International	575.5		603.6		504.3
Total net sales to external customers	$	2,949.4	$	2,840.9	$	2,585.2



	As of December 31,
	2012		2011		2010
Property, Plant and Equipment, net
United States	$	227.9	$	233.4	$	215.0
Mexico	28.0		28.0		33.0
Canada	0.6		0.6		0.7
International	41.7		38.7		59.8
Total property, plant and equipment, net	$	298.2	$	300.7	$	308.5

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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