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SEGMENT INFORMATION
6 Months Ended
Jun. 30, 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, fuel management, noise and energy absorption, and environmental control system 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 (Loss)
 
Operating Margin
Three Months Ended June 30
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
287.5

 
$
289.4

 
$
41.5

 
$
25.4

 
14.4
 %
 
8.8
%
Motion Technologies
184.4

 
198.0

 
37.0

 
34.7

 
20.1
 %
 
17.5
%
Interconnect Solutions
82.7

 
103.7

 
(0.8
)
 
12.3

 
(1.0
)%
 
11.9
%
Control Technologies
74.5

 
73.7

 
12.2

 
16.2

 
16.4
 %
 
22.0
%
Total segment results
629.1

 
664.8

 
89.9

 
88.6

 
14.3
 %
 
13.4
%
Asbestos-related benefit (costs), net

 

 
84.8

 
(15.9
)
 

 

Eliminations / Other corporate costs
(0.9
)
 
(1.8
)
 
(10.2
)
 
(18.2
)
 

 

Total Eliminations / Corporate and Other costs
(0.9
)
 
(1.8
)
 
74.6

 
(34.1
)
 

 

Total
$
628.2

 
$
663.0

 
$
164.5

 
$
54.5

 
26.2
 %
 
8.2
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating Income (Loss)
 
Operating Margin
Six Months Ended June 30
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
543.1

 
$
574.9

 
$
61.9

 
$
49.7

 
11.4
 %
 
8.6
%
Motion Technologies
375.6

 
415.8

 
78.0

 
74.9

 
20.8
 %
 
18.0
%
Interconnect Solutions
160.2

 
203.7

 
4.0

 
9.3

 
2.5
 %
 
4.6
%
Control Technologies
140.3

 
146.6

 
26.5

 
31.7

 
18.9
 %
 
21.6
%
Total segment results
1,219.2

 
1,341.0

 
170.4

 
165.6

 
14.0
 %
 
12.4
%
Asbestos-related benefit (costs), net

 

 
69.4

 
(31.7
)
 

 

Eliminations / Other corporate costs
(2.3
)
 
(3.5
)
 
(17.4
)
 
(31.1
)
 

 

Total Eliminations / Corporate and Other costs
(2.3
)
 
(3.5
)
 
52.0

 
(62.8
)
 

 

Total
$
1,216.9

 
$
1,337.5

 
$
222.4

 
$
102.8

 
18.3
 %
 
7.7
%

 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
Six Months Ended June 30
2015
 
2014(a)
 
2015
 
2014
 
2015
 
2014
Industrial Process
$
1,120.6

 
$
1,152.3

 
$
9.1

 
$
17.0

 
$
14.2

 
$
14.5

Motion Technologies
454.4

 
450.1

 
19.9

 
20.7

 
13.8

 
14.6

Interconnect Solutions
373.1

 
365.4

 
12.0

 
3.7

 
4.7

 
5.1

Control Technologies
379.0

 
334.1

 
3.1

 
1.0

 
5.9

 
5.0

Corporate and Other
1,248.6

 
1,329.6

 
1.9

 
3.3

 
3.3

 
3.0

Total
$
3,575.7

 
$
3,631.5

 
$
46.0

 
$
45.7

 
$
41.9

 
$
42.2


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