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Sales (Tables)
3 Months Ended 6 Months Ended
Jun. 29, 2018
Jun. 30, 2017
Jun. 29, 2018
Jun. 30, 2017
Revenue Recognition [Abstract]        
Contract liabilities    
Our contract liabilities consisted of the following ($ in millions):
 
June 29, 2018
 
December 31, 2017
Deferred revenue - current
$
210.5

 
$
213.4

Deferred revenue - noncurrent
91.8

 
86.9

Total contract liabilities
$
302.3

 
$
300.3

 
Remaining performance obligations    
The aggregate performance obligations attributable to each of our segments is as follows ($ in millions):
 
June 29, 2018
Professional Instrumentation
$
117.0

Industrial Technologies
453.2

Total
$
570.2

 
Disaggregation of revenue
Disaggregation of revenue for the three months ended June 29, 2018 is presented as follows ($ in millions):
 
Total
 
Professional Instrumentation
 
Industrial Technologies
Geographic:
 
 
 
 
 
United States
$
993.5

 
$
435.9

 
$
557.6

China
161.7

 
101.0

 
60.7

Germany
84.3

 
32.0

 
52.3

All other (each country individually less than 5% of total sales)
616.5

 
320.1

 
296.4

Total
$
1,856.0

 
$
889.0

 
$
967.0

 
 
 
 
 
 
Major Products Group:
 
 
 
 
 
Professional tools and equipment
$
1,245.9

 
$
719.8

 
$
526.1

Industrial automation, controls and sensors
333.5

 
104.8

 
228.7

Franchise distribution
152.2

 

 
152.2

All other
124.4

 
64.4

 
60.0

Total
$
1,856.0

 
$
889.0

 
$
967.0

 
 
 
 
 
 
End markets:
 
 
 
 
 
Direct sales:
 
 
 
 
 
  Retail fueling (a)
$
460.9

 
$

 
$
460.9

  Industrial & Manufacturing
175.4

 
97.2

 
78.2

  Vehicle repair (a)
137.7

 

 
137.7

  Utilities & Power
46.6

 
46.0

 
0.6

  Other
541.4

 
331.8

 
209.6

     Total direct sales
1,362.0

 
475.0

 
887.0

Distributors(a)
494.0

 
414.0

 
80.0

Total
$
1,856.0

 
$
889.0

 
$
967.0

 
 
 
 
 
 
(a) Retail fueling and vehicle repair include sales to these end markets made through third-party distributors. Total distributor sales for the three months ended June 29, 2018 was $858.4 million.
Disaggregation of revenue for the three months ended June 30, 2017 is presented as follows ($ in millions):
 
Total
 
Professional Instrumentation
 
Industrial Technologies
Geographic:
 
 
 
 
 
United States
$
888.9

 
$
353.7

 
$
535.2

China
134.2

 
91.9

 
42.3

Germany
71.7

 
27.5

 
44.2

All other (each country individually less than 5% of total sales)
534.0

 
285.9

 
248.1

Total
$
1,628.8

 
$
759.0

 
$
869.8

 
 
 
 
 
 
Major Products Group:
 
 
 
 
 
Professional tools and equipment
$
1,055.0

 
$
593.3

 
$
461.7

Industrial automation, controls and sensors
305.6

 
98.5

 
207.1

Franchise distribution
149.5

 

 
149.5

All other
118.7

 
67.2

 
51.5

Total
$
1,628.8

 
$
759.0

 
$
869.8

 
 
 
 
 
 
End markets:
 
 
 
 
 
Direct sales:
 
 
 
 
 
  Retail fueling (a)
$
401.5

 
$

 
$
401.5

  Industrial & Manufacturing
103.6

 
57.5

 
46.1

  Vehicle repair (a)
135.6

 

 
135.6

  Utilities & Power
59.3

 
57.9

 
1.4

  Other
498.7

 
288.2

 
210.5

     Total direct sales
1,198.7

 
403.6

 
795.1

Distributors(a)
430.1

 
355.4

 
74.7

Total
$
1,628.8

 
$
759.0

 
$
869.8

 
 
 
 
 
 
(a) Retail fueling and vehicle repair include sales to these end markets made through third-party distributors. Total distributor sales for the three months ended June 30, 2017 was $774.2 million.
Disaggregation of revenue for the six months ended June 29, 2018 is presented as follows ($ in millions):
 
Total
 
Professional Instrumentation
 
Industrial Technologies
Geographic:
 
 
 
 
 
United States
$
1,910.3

 
$
844.3

 
$
1,066.0

China
318.1

 
209.3

 
108.8

Germany
170.8

 
67.9

 
102.9

All other (each country individually less than 5% of total sales)
1,197.5

 
639.2

 
558.3

Total
$
3,596.7

 
$
1,760.7

 
$
1,836.0

 
 
 
 
 
 
Major Products Group:
 
 
 
 
 
Professional tools and equipment
$
2,366.0

 
$
1,426.3

 
$
939.7

Industrial automation, controls and sensors
661.3

 
209.4

 
451.9

Franchise distribution
325.1

 

 
325.1

All other
244.3

 
125.0

 
119.3

Total
$
3,596.7

 
$
1,760.7

 
$
1,836.0

 
 
 
 
 
 
End markets:
 
 
 
 
 
Direct sales:
 
 
 
 
 
  Retail fueling (a)
$
809.6

 
$

 
$
809.6

  Industrial & Manufacturing
331.6

 
187.8

 
143.8

  Vehicle repair (a)
296.4

 

 
296.4

  Utilities & Power
102.7

 
101.5

 
1.2

  Other
1,059.3

 
632.6

 
426.7

     Total direct sales
2,599.6

 
921.9

 
1,677.7

Distributors(a)
997.1

 
838.8

 
158.3

Total
$
3,596.7

 
$
1,760.7

 
$
1,836.0

 
 
 
 
 
 
(a) Retail fueling and vehicle repair include sales to these end markets made through third-party distributors. Total distributor sales for the six months ended June 29, 2018 was $1,647.3 million.
Disaggregation of revenue for the six months ended June 30, 2017 is presented as follows ($ in millions):
 
Total
 
Professional Instrumentation
 
Industrial Technologies
Geographic:
 
 
 
 
 
United States
$
1,735.7

 
$
684.1

 
$
1,051.6

China
264.1

 
182.4

 
81.7

Germany
141.3

 
56.2

 
85.1

All other (each country individually less than 5% of total sales)
1,022.9

 
552.4

 
470.5

Total
$
3,164.0

 
$
1,475.1

 
$
1,688.9

 
 
 
 
 
 
Major Products Group:
 
 
 
 
 
Professional tools and equipment
$
2,016.6

 
$
1,151.9

 
$
864.7

Industrial automation, controls and sensors
596.3

 
194.6

 
401.7

Franchise distribution
321.2

 

 
321.2

All other
229.9

 
128.6

 
101.3

Total
$
3,164.0

 
$
1,475.1

 
$
1,688.9

 
 
 
 
 
 
End markets:
 
 
 
 
 
Direct sales:
 
 
 
 
 
  Retail fueling (a)
$
748.0

 
$

 
$
748.0

  Industrial & Manufacturing
213.5

 
122.6

 
90.9

  Vehicle repair (a)
293.5

 

 
293.5

  Utilities & Power
111.9

 
109.6

 
2.3

  Other
959.2

 
549.9

 
409.3

     Total direct sales
2,326.1

 
782.1

 
1,544.0

Distributors(a)
837.9

 
693.0

 
144.9

Total
$
3,164.0

 
$
1,475.1

 
$
1,688.9

 
 
 
 
 
 
(a) Retail fueling and vehicle repair include sales to these end markets made through third-party distributors. Total distributor sales for the six months ended June 30, 2017 was $1,521.1 million.