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Segment Information
9 Months Ended
Sep. 27, 2019
Segment Reporting [Abstract]  
Segment Information
NOTE 14. 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. Our segment results are as follows ($ in millions):
 
Three Months Ended
 
Nine Months Ended
 
September 27, 2019
 
September 28, 2018
 
September 27, 2019
 
September 28, 2018
Sales:
 
 
 
 
 
 
 
Professional Instrumentation
$
1,116.2

 
$
894.1

 
$
3,196.8

 
$
2,654.8

Industrial Technologies
743.8

 
707.1

 
2,120.8

 
2,040.4

Total
$
1,860.0

 
$
1,601.2

 
$
5,317.6

 
$
4,695.2

Operating Profit:
 
 
 
 
 
 
 
Professional Instrumentation
$
118.7

 
$
160.2

 
$
376.9

 
$
583.3

Industrial Technologies
146.0

 
141.7

 
404.2

 
370.5

Other
(22.6
)
 
(20.3
)
 
(72.2
)
 
(69.9
)
Total Operating Profit
242.1

 
281.6

 
708.9

 
883.9

Gain from combination of business
41.2

 

 
41.2

 

Interest expense, net
(47.0
)
 
(23.1
)
 
(116.7
)
 
(70.3
)
Other non-operating expenses, net
(1.2
)
 
(0.8
)
 
(1.6
)
 
(2.6
)
Earnings from continuing operations before income taxes
$
235.1

 
$
257.7

 
$
631.8

 
$
811.0


As of September 27, 2019, the material changes in total assets by segment since December 31, 2018 were due primarily to the acquisitions discussed in Note 2. Our identifiable assets by segment are as follows ($ in millions):
 
September 27, 2019
 
December 31, 2018
Professional Instrumentation
$
12,397.0

 
$
8,592.6

Industrial Technologies
3,022.7

 
3,011.2

Other
1,222.9

 
1,271.8

Assets of Discontinued Operations
17.8

 
30.0

Total
$
16,660.4

 
$
12,905.6