Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Detailed segment data as of and for the years ended December 31 is as follows ($ in millions):


	2022		2021		2020
Sales:
Specialty Products & Technologies	$	1,598.6	$	1,507.8	$	1,117.3
Equipment & Consumables	970.5		1,001.1		811.8
Total	$	2,569.1	$	2,508.9	$	1,929.1

Operating profit and reconciliation to income (loss) before taxes:
Specialty Products & Technologies	$	268.6	$	272.3	$	65.8
Equipment & Consumables	172.4		153.8		53.6
Other	(121.8)		(119.9)		(75.9)
Operating profit	319.2		306.2		43.5
Nonoperating income (expense):
Other income (expense)	3.1		2.4		(1.0)
Interest expense, net	(38.4)		(54.1)		(62.5)
Income (loss) before taxes	$	283.9	$	254.5	$	(20.0)

Depreciation and amortization:
Specialty Products & Technologies	$	80.7	$	84.0	$	80.6
Equipment & Consumables	54.6		31.4		38.7
Other	2.5		2.4		2.4
Total	$	137.8	$	117.8	$	121.7

Capital expenditures, gross:
Specialty Products & Technologies	$	48.8	$	37.2	$	36.4
Equipment & Consumables	20.6		10.6		5.8
Other	2.7		1.3		1.7
Total	$	72.1	$	49.1	$	43.9

Identifiable assets:	December 31, 2022		December 31, 2021
Specialty Products & Technologies	$	3,475.7	$	3,498.2
Equipment & Consumables	2,455.3		1,946.1
Held for sale	—		12.2
Other	656.0		1,117.7
Total	$	6,587.0	$	6,574.2

Operations in Geographical Areas:


	Year Ended December 31,
($ in millions)	2022		2021		2020
Sales:
United States	$	1,261.9	$	1,223.4	$	960.1
China	222.2		236.7		198.2
All other (each country individually less than 5% of total sales)	1,085.0		1,048.8		770.8
Total	$	2,569.1	$	2,508.9	$	1,929.1

Property, plant and equipment, net:	December 31, 2022		December 31, 2021
United States	$	183.4	$	157.1
Sweden	41.4		49.0
Mexico	15.2		8.8
All other (each country individually less than 5% of total long-lived assets)	53.6		49.2
Total	$	293.6	$	264.1