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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
The Company’s segments are reported on the same basis used by our Chief Executive Officer, who is also our chief operating decision maker, for evaluating performance and for allocating resources. Our three reportable segments are referred to as: Motion Technologies, Industrial Process, and Connect & Control Technologies.
Motion Technologies manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, bus and rail transportation markets.
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.
Connect & Control Technologies manufactures harsh-environment connector solutions and critical energy absorption and flow control components for the aerospace and defense, general industrial, medical, and oil and gas 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, environmental-related assets, deferred taxes, and certain property, plant and equipment.
 
Revenue
 
Operating Income
 
Operating Margin
For the Three Months Ended June 30
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Motion Technologies
$
317.7

 
$
330.3

 
$
52.0

 
$
55.5

 
16.4
%
 
16.8
%
Industrial Process
232.6

 
203.2

 
26.0

 
23.4

 
11.2
%
 
11.5
%
Connect & Control Technologies
170.2

 
164.1

 
29.6

 
27.3

 
17.4
%
 
16.6
%
Total segment results
720.5

 
697.6

 
107.6

 
106.2

 
14.9
%
 
15.2
%
Asbestos-related costs, net
—

 
—

 
(11.8
)
 
(13.5
)
 
—

 
—

Eliminations / Other corporate costs
(0.6
)
 
(0.8
)
 
(9.8
)
 
(12.4
)
 
—

 
—

Total Eliminations / Corporate and Other costs
(0.6
)
 
(0.8
)
 
(21.6
)
 
(25.9
)
 
—

 
—

Total
$
719.9

 
$
696.8

 
$
86.0

 
$
80.3

 
11.9
%
 
11.5
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
Operating Income
 
Operating Margin
For the Six Months Ended June 30
2019
 
2018
 
2019
 
2018
 
2019
 
2018
Motion Technologies
$
632.9

 
$
672.5

 
$
112.9

 
$
117.4

 
17.8
%
 
17.5
%
Industrial Process
448.3

 
393.0

 
48.2

 
40.3

 
10.8
%
 
10.3
%
Connect & Control Technologies
335.2

 
322.0

 
57.0

 
50.3

 
17.0
%
 
15.6
%
Total segment results
1,416.4

 
1,387.5

 
218.1

 
208.0

 
15.4
%
 
15.0
%
Asbestos-related (costs) benefit, net
—

 
—

 
(24.4
)
 
6.2

 
—

 
—

Eliminations / Corporate and other costs
(1.0
)
 
(1.4
)
 
(17.1
)
 
(23.3
)
 
—

 
—

Total Eliminations / Corporate and Other costs
(1.0
)
 
(1.4
)
 
(41.5
)
 
(17.1
)
 
—

 
—

Total
$
1,415.4

 
$
1,386.1

 
$
176.6

 
$
190.9

 
12.5
%
 
13.8
%


 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
For the Six Months Ended June 30
2019
 
2018(a)
 
2019
 
2018
 
2019
 
2018
Motion Technologies
$
1,215.0

 
$
1,147.2

 
$
30.1

 
$
40.0

 
$
28.5

 
$
28.7

Industrial Process
1,137.6

 
1,000.1

 
5.6

 
1.8

 
12.6

 
13.7

Connect & Control Technologies
741.4

 
694.0

 
8.5

 
4.3

 
10.3

 
10.7

Corporate and Other
947.4

 
1,005.5

 
1.6

 
0.2

 
1.6

 
2.1

Total
$
4,041.4

 
$
3,846.8

 
$
45.8

 
$
46.3

 
$
53.0

 
$
55.2


(a)
Amounts reflect balances as of December 31, 2018.