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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Revenue by Reporting Segments
 
Revenue
 
Operating Income
 
Operating Margin
 
2019

 
2018

 
2017

 
2019

 
2018

 
2017

 
2019

 
2018

 
2017

Motion Technologies
$
1,241.8

 
$
1,274.1

 
$
1,176.0

 
$
216.1

 
$
223.4

 
$
190.2

 
17.4
%
 
17.5
%
 
16.2
%
Industrial Process
943.8

 
827.1

 
807.2

 
104.7

 
91.4

 
65.8

 
11.1
%
 
11.1
%
 
8.2
%
Connect & Control Technologies
663.9

 
646.6

 
605.6

 
111.5

 
96.5

 
68.4

 
16.8
%
 
14.9
%
 
11.3
%
Total segment results
2,849.5

 
2,747.8


2,588.8

 
432.3

 
411.3

 
324.4

 
15.2
%
 
15.0
%
 
12.5
%
Asbestos-related benefit (cost), net

 

 

 
20.2

 
(4.9
)
 
19.9

 

 

 

(Loss) gain on sale or disposal of long-lived corporate assets

 

 

 
(0.2
)
 
38.5

 

 

 

 

Eliminations / Other corporate costs
(3.1
)
 
(2.7
)
 
(3.5
)
 
(40.9
)
 
(47.6
)
 
(25.0
)
 

 

 

Total Eliminations / Corporate and Other costs
(3.1
)
 
(2.7
)
 
(3.5
)
 
(20.9
)
 
(14.0
)
 
(5.1
)
 

 

 

Total
$
2,846.4

 
$
2,745.1

 
$
2,585.3

 
$
411.4

 
$
397.3

 
$
319.3

 
14.5
%
 
14.5
%
 
12.4
%


Schedule of Segment Reporting Information
 
Assets
 
Capital
Expenditures
 
Depreciation
and Amortization
 
2019

 
2018

 
2019

 
2018

 
2017

 
2019

 
2018

 
2017

Motion Technologies
$
1,178.2

 
$
1,147.2

 
$
57.7

 
$
75.0

 
$
79.1

 
$
58.6

 
$
57.2

 
$
49.4

Industrial Process
1,137.8

 
1,000.1

 
11.2

 
7.8

 
19.3

 
26.3

 
26.9

 
27.5

Connect & Control Technologies
755.6

 
694.0

 
19.4

 
10.8

 
10.6

 
21.8

 
21.2

 
22.8

Corporate and Other
1,036.1

 
1,005.5

 
3.1

 
1.9

 
4.3

 
6.7

 
4.1

 
5.6

Total
$
4,107.7

 
$
3,846.8

 
$
91.4

 
$
95.5

 
$
113.3

 
$
113.4

 
$
109.4

 
$
105.3


Business Segment Information by Geographical Information
The following table displays consolidated revenue by geographic region for the years ended December 31, 2019, 2018, and 2017. Revenue is attributed to individual regions based upon the destination of the product or service delivery.
For the Year Ended December 31, 2019
Motion Technologies
 
Industrial Process
 
Connect & Control Technologies
 
Eliminations
 
Total
North America(a)
$
204.4

 
$
558.7

 
$
431.9

 
$
(2.9
)
 
$
1,192.1

Europe(b)
780.5

 
89.7

 
125.9

 

 
996.1

Asia
241.7

 
101.9

 
83.8

 
(0.2
)
 
427.2

Middle East and Africa
2.3

 
114.1

 
16.3

 

 
132.7

South America
12.9

 
79.4

 
6.0

 

 
98.3

Total
$
1,241.8

 
$
943.8

 
$
663.9

 
$
(3.1
)
 
$
2,846.4

 
 
 
 
 
 
 
 
 
 
For the Year Ended December 31, 2018
 
 
 
 
 
 
 
 
 
North America(a)
$
185.3

 
$
483.6

 
$
404.3

 
$
(2.4
)
 
$
1,070.8

Europe(b)
807.6

 
60.3

 
132.9

 
(0.1
)
 
1,000.7

Asia
265.5

 
81.6

 
84.5

 
(0.2
)
 
431.4

Middle East and Africa
1.3

 
128.1

 
17.2

 

 
146.6

South America
14.4

 
73.5

 
7.7

 

 
95.6

Total
$
1,274.1

 
$
827.1

 
$
646.6

 
$
(2.7
)
 
$
2,745.1

 
 
 
 
 
 
 
 
 
 
For the Year Ended December 31, 2017
 
 
 
 
 
 
 
 
 
North America(a)
$
163.2

 
$
472.3

 
$
376.6

 
$
(3.1
)
 
$
1,009.0

Europe(b)
767.6

 
67.7

 
123.0

 
(0.1
)
 
958.2

Asia
232.9

 
75.3

 
85.4

 
(0.3
)
 
393.3

Middle East and Africa
1.5

 
115.5

 
13.5

 

 
130.5

South America
10.8

 
76.4

 
7.1

 

 
94.3

Total
$
1,176.0

 
$
807.2

 
$
605.6

 
$
(3.5
)
 
$
2,585.3

(a)
Includes revenue of $989.4, $887.0, and $853.6, from the United States for 2019, 2018, and 2017, respectively.
(b)
Includes revenue of $391.2, $412.5, and $389.3, from Germany for 2019, 2018, and 2017, respectively.
Schedule of PP&E by Geographic Region
 
2019

 
2018

North America(a)
$
192.2

 
$
193.4

Europe(b)
250.0

 
228.3

Asia
84.6

 
91.8

Middle East and Africa
0.4

 
0.6

South America
4.3

 
4.7

Total
$
531.5

 
$
518.8


(a)
Includes $158.7 and $159.7, in the United States as of December 31, 2019 and 2018, respectively.
(b)
Includes $95.7 and $101.0, in Italy as of December 31, 2019 and 2018, respectively.