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SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2020
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, public 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, critical energy absorption, flow control components, and composite materials 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 March 31
2020
 
2019
 
2020
 
2019
 
2020
 
2019
Motion Technologies
$
297.9

 
$
315.2

 
$
53.1

 
$
60.9

 
17.8
%
 
19.3
%
Industrial Process
227.3

 
215.7

 
8.9

 
22.2

 
3.9
%
 
10.3
%
Connect & Control Technologies
138.7

 
165.0

 
15.9

 
27.4

 
11.5
%
 
16.6
%
Total segment results
663.9

 
695.9

 
77.9

 
110.5

 
11.7
%
 
15.9
%
Asbestos-related benefit (costs), net
—

 
—

 
40.7

 
(12.6
)
 
—

 
—

Eliminations / Other corporate costs
(0.6
)
 
(0.4
)
 
(9.3
)
 
(7.3
)
 
—

 
—

Total Eliminations / Corporate and Other costs
(0.6
)
 
(0.4
)
 
31.4

 
(19.9
)
 
—

 
—

Total
$
663.3

 
$
695.5

 
$
109.3

 
$
90.6

 
16.5
%
 
13.0
%


 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
As of and for the Three Months Ended March 31
2020
 
2019(a)
 
2020
 
2019
 
2020
 
2019
Motion Technologies
$
1,167.9

 
$
1,178.2

 
$
14.8

 
$
20.2

 
$
14.5

 
$
14.2

Industrial Process
1,062.0

 
1,137.8

 
2.5

 
3.5

 
6.6

 
6.3

Connect & Control Technologies
764.2

 
755.6

 
4.3

 
4.8

 
5.7

 
5.2

Corporate and Other
1,282.5

 
1,036.1

 
0.6

 
0.7

 
0.6

 
0.7

Total
$
4,276.6

 
$
4,107.7

 
$
22.2

 
$
29.2

 
$
27.4

 
$
26.4


(a)
Amounts reflect balances as of December 31, 2019.