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Segment Information
6 Months Ended
Jun. 29, 2018
Segment Reporting [Abstract]  
Segment Information
NOTE 12. SEGMENT INFORMATION
We report our results in two separate business segments consisting of Professional Instrumentation and Industrial Technologies. When determining the reportable segments, we aggregated operating segments based on their similar economic and operating characteristics. Operating profit amounts in the Other category consist of unallocated corporate costs and other costs not considered part of our evaluation of reportable segment operating performance. As of June 29, 2018, there have been no material changes in total assets or liabilities by segment since December 31, 2017. Segment results are shown below ($ in millions):
 
Three Months Ended
 
Six Months Ended
 
June 29, 2018
 
June 30, 2017
 
June 29, 2018
 
June 30, 2017
Sales:
 
 
 
 
 
 
 
Professional Instrumentation
$
889.0

 
$
759.0

 
$
1,760.7

 
$
1,475.1

Industrial Technologies
967.0

 
869.8

 
1,836.0

 
1,688.9

Total
$
1,856.0

 
$
1,628.8

 
$
3,596.7

 
$
3,164.0

Operating Profit:
 
 
 
 
 
 
 
Professional Instrumentation
$
219.4

 
$
185.5

 
$
425.8

 
$
344.0

Industrial Technologies
200.9

 
181.7

 
359.2

 
334.5

Other
(37.9
)
 
(18.1
)
 
(64.4
)
 
(33.8
)
Total Operating Profit
382.4

 
349.1

 
720.6

 
644.7

Interest expense
(25.3
)
 
(22.7
)
 
(49.9
)
 
(45.3
)
Other non-operating expenses
(1.1
)
 
(0.8
)
 
(1.8
)
 
(1.5
)
Earnings before income taxes
$
356.0

 
$
325.6

 
$
668.9

 
$
597.9