Reportable Business Segments (Tables)

9 Months Ended

Sep. 30, 2013

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	North America South America Europe Asia Pacific

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) for each segment, along with a reconciliation of segment profit (loss) to Income from continuing operations before income taxes are shown below (in millions):

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2013			2012			2013			2012
Net Sales
Residential Heating & Cooling	$	433.9		$	386.3		$	1,224.5		$	1,070.7
Commercial Heating & Cooling	239.1			219.7			631.8			597.9
Refrigeration	195.0			203.7			593.2			595.9
	$	868.0		$	809.7		$	2,449.5		$	2,264.5
Segment Profit (Loss) (1)
Residential Heating & Cooling	$	57.0		$	37.7		$	143.7		$	90.7
Commercial Heating & Cooling	39.2			32.5			84.8			74.1
Refrigeration	23.9			25.1			66.5			60.6
Corporate and other	(16.6		)	(14.3		)	(56.2		)	(43.7		)
Subtotal that includes segment profit and eliminations	103.5			81.0			238.8			181.7
Reconciliation to income from continuing operations before income taxes:
Special product quality adjustment	(0.4		)	0.9			(0.5		)	1.0
Items in Losses (gains) and other expenses, net that are excluded from segment profit (loss) (2)	(0.2		)	(1.2		)	2.0			(2.0		)
Restructuring charges	0.3			0.4			3.2			3.1
Interest expense, net	3.8			4.4			10.8			13.4
Other expense (income), net	—			—			(0.1		)	0.1
Income from continuing operations before income taxes	$	100.0		$	76.5		$	223.4		$	166.1

⁽¹⁾ 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:

• Special product quality adjustments;

• Items in Losses (gains) and other expenses, net (see table note 2 below);

• Restructuring charges;

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

• Interest expense, net;

• Other expense (income), net

⁽²⁾ Items in Losses (gains) and other expenses, net that are excluded from segment profit are the net change in unrealized gains and/or losses on unsettled futures contracts, special legal contingency charges, and other items