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SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
The Company's segments are reported on the same basis used internally for evaluating performance and for allocating resources. Our four reportable segments are referred to as: Industrial Process, Motion Technologies, Interconnect Solutions and Control Technologies.
Industrial Process manufactures engineered fluid process equipment serving a diversified mix of customers in global infrastructure industries such as chemical, oil and gas, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.
Motion Technologies manufactures brake components, shock absorbers and damping technologies for the global automotive, truck and trailer, public bus and rail transportation markets.
Interconnect Solutions manufactures and designs a wide range of highly engineered harsh environment connector solutions that make it possible to transfer signal and power between electronic devices which service global customers for the aerospace and defense, industrial and transportation, oil and gas, and medical markets.
Control Technologies manufactures specialized equipment, including actuation, valves, and noise and energy absorption components for the aerospace and defense, and industrial markets.
Corporate and Other consists of corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs, as well as charges related to certain matters, such as asbestos and environmental liabilities, that are managed at a corporate level and are not included in segment results when evaluating performance or allocating resources. Assets of the segments exclude general corporate assets, which principally consist of cash, investments, asbestos-related receivables and certain property, plant and equipment.
 
Revenue
 
Operating Income
 
Operating Margin
Three Months Ended March 31
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
255.6

 
$
285.5

 
$
20.4

 
$
24.3

 
8.0
%
 
8.5
 %
Motion Technologies
191.2

 
217.8

 
41.0

 
40.2

 
21.4
%
 
18.5
 %
Interconnect Solutions
77.5

 
100.0

 
4.8

 
(3.0
)
 
6.2
%
 
(3.0
)%
Control Technologies
65.8

 
72.9

 
14.3

 
15.5

 
21.7
%
 
21.3
 %
Total segment results
590.1

 
676.2

 
80.5

 
77.0

 
13.7
%
 
11.4
 %
Asbestos-related costs, net

 

 
(15.4
)
 
(15.8
)
 

 

Eliminations / Other corporate costs
(1.4
)
 
(1.7
)
 
(7.2
)
 
(12.9
)
 

 

Total Eliminations / Corporate and Other costs
(1.4
)
 
(1.7
)
 
(22.6
)
 
(28.7
)
 

 

Total
$
588.7

 
$
674.5

 
$
57.9

 
$
48.3

 
9.8
%
 
7.2
 %

 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
Three Months Ended March 31
2015
 
2014(a)
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
1,111.4

 
$
1,152.3

 
$
6.2

 
$
8.2

 
$
7.6

 
$
7.2

Motion Technologies
439.6

 
450.1

 
13.3

 
8.2

 
6.9

 
7.2

Interconnect Solutions
371.0

 
365.4

 
7.1

 
1.2

 
2.3

 
2.8

Control Technologies
334.4

 
334.1

 
2.4

 
0.8

 
2.5

 
2.5

Corporate and Other
1,316.2

 
1,329.6

 
1.2

 
0.6

 
1.4

 
1.4

Total
$
3,572.6

 
$
3,631.5

 
$
30.2

 
$
19.0

 
$
20.7

 
$
21.1


(a)
Amounts reflect balances as of December 31, 2014.