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Segment Information
 9 Months Ended
Sep. 27, 2019
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The Company operates and reports its results in two separate business segments, the Specialty Products & Technologies and Equipment & Consumables segments. When determining the reportable segments, the Company aggregated operating segments based on their similar economic and operating characteristics. Operating profit represents total revenues less operating expenses, excluding nonoperating income (expense) and income taxes. Operating profit amounts in the Other segment consist of unallocated corporate costs and other costs not considered part of management’s evaluation of reportable segment operating performance. Intersegment amounts are not significant and are eliminated to arrive at combined totals.
Segment results are shown below ($ in millions):
 
Three-Month Period Ended
 
Nine-Month Period Ended
 
September 27, 2019
 
September 28, 2018
 
September 27, 2019
 
September 28, 2018
Sales:
 
 
 
 
 
 
 
Specialty Products & Technologies
$
317.8

 
$
318.3

 
$
1,013.9

 
$
1,022.6

Equipment & Consumables
341.5

 
361.2

 
1,017.2

 
1,062.9

Total
$
659.3

 
$
679.5

 
$
2,031.1

 
$
2,085.5

 
 
 
 
 
 
 
 
Operating profit:
 
 
 
 
 
 
 
Specialty Products & Technologies
$
54.6

 
$
51.5

 
$
175.2

 
$
186.7

Equipment & Consumables
31.1

 
36.9

 
48.1

 
63.8

Other
(7.0
)
 
(7.0
)
 
(23.8
)
 
(19.7
)
Total
$
78.7

 
$
81.4

 
$
199.5

 
$
230.8

Segment identifiable assets are shown below ($ in millions):
 
September 27, 2019
 
December 31, 2018
Specialty Products & Technologies
$
3,665.2

 
$
3,539.1

Equipment & Consumables
2,219.9

 
2,294.1

Other
233.3

 
8.4

Total
$
6,118.4

 
$
5,841.6