Reportable Business Segments (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting, Measurement Disclosures [Abstract]

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

While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions):

	Charges Incurred in 2015		Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	0.1	$	1.6	$	1.6
Commercial Heating & Cooling	—		0.9		0.9
Refrigeration	2.0		10.2		10.6
Corporate & Other	—		—		—
Total restructuring charges	$	2.1	$	12.7	$	13.1

The following table describes each 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

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

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 June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
Net sales
Residential Heating & Cooling	$	555.1		$	527.7		$	917.7		$	869.8
Commercial Heating & Cooling	253.6			241.0			413.5			414.0
Refrigeration	183.8			192.0			347.1			372.3
	$	992.5		$	960.7		$	1,678.3		$	1,656.1
Segment profit (loss) (1)
Residential Heating & Cooling	$	99.9		$	85.0		$	131.2		$	109.4
Commercial Heating & Cooling	43.0			39.0			50.7			49.2
Refrigeration	13.3			13.7			17.2			25.8
Corporate and other	(22.0		)	(19.2		)	(33.7		)	(30.6		)
Subtotal that includes segment profit and eliminations	134.2			118.5			165.4			153.8
Reconciliation to Income from continuing operations before income taxes:
Special product quality adjustments	(1.1		)	(0.4		)	(1.4		)	(0.3		)
Items in Losses (gains) and other expenses, net that are excluded from segment profit (loss) (1)	2.6			(0.4		)	6.7			0.8
Restructuring charges	1.8			0.2			2.1			0.3
Interest expense, net	6.4			3.7			12.2			7.0
Other expense (income), net	—			—			—			—
Income from continuing operations before income taxes	$	124.5		$	115.4		$	145.8		$	146.0

⁽¹⁾ The Company defines 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;

• The following items in Losses (gains) and other expenses, net:

◦ Net change in unrealized gains and/or losses on unsettled futures contracts,

◦ Special legal contingency charges,

◦ Asbestos-related litigation,

◦ Contractor tax payments,

◦ Environmental liabilities, and

◦ Other items, net;

• Restructuring charges;

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

• Interest expense, net;

• Special inventory write down; and

• Other expense, net.