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SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2016
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 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 and specialized sealing solutions, shock absorbers and damping technologies primarily 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 assets and certain property, plant and equipment.
 
Revenue
 
Operating 
Income (Loss)
 
Operating Margin
For the Three Months Ended September 30
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Industrial Process
$
195.0

 
$
270.6

 
$
4.3

 
$
34.0

 
2.2
%
 
12.6
%
Motion Technologies
238.7

 
179.9

 
45.2

 
33.0

 
18.9
%
 
18.3
%
Interconnect Solutions
78.6

 
82.8

 
5.8

 
3.6

 
7.4
%
 
4.3
%
Control Technologies
70.5

 
69.8

 
11.6

 
14.0

 
16.5
%
 
20.1
%
Total segment results
582.8

 
603.1

 
66.9

 
84.6

 
11.5
%
 
14.1
%
Asbestos-related benefit, net

 

 
68.1

 
30.3

 

 

Eliminations / Other corporate costs
(1.1
)
 
(1.2
)
 
(0.2
)
 
(11.0
)
 

 

Total Eliminations / Corporate and Other costs
(1.1
)
 
(1.2
)
 
67.9

 
19.3

 

 

Total
$
581.7

 
$
601.9

 
$
134.8

 
$
103.9

 
23.2
%
 
17.3
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating 
Income (Loss)
 
Operating Margin
For the Nine Months Ended September 30
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Industrial Process
$
618.0

 
$
813.7

 
$
19.6

 
$
95.9

 
3.2
%
 
11.8
%
Motion Technologies
755.3

 
555.5

 
144.8

 
111.0

 
19.2
%
 
20.0
%
Interconnect Solutions
229.8

 
243.0

 
12.6

 
7.6

 
5.5
%
 
3.1
%
Control Technologies
217.2

 
210.1

 
34.0

 
40.5

 
15.7
%
 
19.3
%
Total segment results
1,820.3

 
1,822.3

 
211.0

 
255.0

 
11.6
%
 
14.0
%
Asbestos-related benefit, net

 

 
40.3

 
99.7

 

 

Eliminations / Other corporate costs
(3.3
)
 
(3.5
)
 
(16.0
)
 
(28.4
)
 

 

Total Eliminations / Corporate and Other costs
(3.3
)
 
(3.5
)
 
24.3

 
71.3

 

 

Total
$
1,817.0

 
$
1,818.8

 
$
235.3

 
$
326.3

 
12.9
%
 
17.9
%

 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
For the Nine Months Ended September 30
2016
 
2015(a)
 
2016
 
2015
 
2016
 
2015
Industrial Process
$
1,030.1

 
$
1,097.5

 
$
14.9

 
$
13.0

 
$
21.0

 
$
20.9

Motion Technologies
838.5

 
779.8

 
45.5

 
28.7

 
32.7

 
20.5

Interconnect Solutions
312.8

 
303.2

 
2.9

 
15.6

 
9.0

 
7.9

Control Technologies
380.9

 
370.6

 
4.4

 
4.3

 
9.2

 
9.1

Corporate and Other
1,155.3

 
1,172.5

 
0.4

 
2.6

 
4.6

 
4.7

Total
$
3,717.6

 
$
3,723.6

 
$
68.1

 
$
64.2

 
$
76.5

 
$
63.1


(a)
Amounts reflect balances as of December 31, 2015.