Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Revenue by Reporting Segments


	Revenue						Operating Income						Operating Margin
	2020		2019		2018		2020		2019		2018		2020		2019		2018
Motion Technologies	$	1,121.1	$	1,241.8	$	1,274.1	$	184.0	$	216.1	$	223.4	16.4	%	17.4	%	17.5	%
Industrial Process	843.0		943.8		827.1		77.6		104.7		91.4		9.2	%	11.1	%	11.1	%
Connect & Control Technologies	516.5		663.9		646.6		57.0		111.5		96.5		11.0	%	16.8	%	14.9	%
Total segment results	2,480.6		2,849.5		2,747.8		318.6		432.3		411.3		12.9	%	15.2	%	15.0	%
Asbestos-related (costs) benefit, net	—		—		—		(66.3)		20.2		(4.9)		—		—		—
Gain (loss) on sale or disposal of long-lived corporate assets	—		—		—		0.7		(0.2)		38.5		—		—		—
Eliminations / Other corporate costs	(2.8)		(3.1)		(2.7)		(26.5)		(40.9)		(47.6)		—		—		—
Total Eliminations / Corporate and Other costs	(2.8)		(3.1)		(2.7)		(92.1)		(20.9)		(14.0)		—		—		—
Total	$	2,477.8	$	2,846.4	$	2,745.1	$	226.5	$	411.4	$	397.3	9.1	%	14.5	%	14.5	%

Schedule of Segment Reporting Information


	Assets				Capital Expenditures						Depreciation and Amortization
	2020		2019		2020		2019		2018		2020		2019		2018
Motion Technologies	$	1,202.3	$	1,178.2	$	43.8	$	57.7	$	75.0	$	60.0	$	58.6	$	57.2
Industrial Process	1,069.6		1,137.8		8.3		11.2		7.8		23.7		26.3		26.9
Connect & Control Technologies	720.5		755.6		10.6		19.4		10.8		23.1		21.8		21.2
Corporate and Other	1,285.2		1,036.1		1.0		3.1		1.9		5.4		6.7		4.1
Total	$	4,277.6	$	4,107.7	$	63.7	$	91.4	$	95.5	$	112.2	$	113.4	$	109.4

Business Segment Information by Geographical Information

The following table displays consolidated revenue by geographic region for the years ended December 31, 2020, 2019, and 2018. Revenue is attributed to individual regions based upon the destination of the product or service delivery.


For the Year Ended December 31, 2020	Motion Technologies		Industrial Process		Connect & Control Technologies		Eliminations		Total
North America(a)	$	187.3	$	479.0	$	319.3	$	(2.6)	$	983.0
Europe(b)	676.4		95.5		97.4		—		869.3
Asia	243.8		93.1		77.0		(0.2)		413.7
Middle East and Africa	1.5		92.0		18.8		—		112.3
South America	12.1		83.4		4.0		—		99.5
Total	$	1,121.1	$	843.0	$	516.5	$	(2.8)	$	2,477.8

For the Year Ended December 31, 2019
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

(a)Includes revenue of $811.0, $989.4, and $887.0, from the United States for 2020, 2019, and 2018, respectively.

(b)Includes revenue of $334.9, $391.2, and $412.5, from Germany for 2020, 2019, and 2018, respectively.

Schedule of PP&E by Geographic Region

The following table displays Plant, Property and Equipment, net by geographic region as of December 31, 2020, and 2019.


	2020		2019
North America(a)	$	174.1	$	192.2
Europe(b)	263.8		250.0
Asia	83.7		84.6
Middle East and Africa	0.2		0.4
South America	3.3		4.3
Total	$	525.1	$	531.5

(a)Includes $141.8 and $158.7, in the United States as of December 31, 2020 and 2019, respectively.

(b)Includes $108.2 and $95.7, in Italy as of December 31, 2020 and 2019, respectively.