Segment Results (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting Information [Line Items]

Schedule Of Financial Information By Reportable Segment

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2017			2016			2017			2016
Net sales
Fluid Handling	$	266.9		$	245.1		$	770.3		$	759.1
Payment & Merchandising Technologies	188.6			186.7			582.3			551.2
Aerospace & Electronics	172.0			198.2			506.5			559.2
Engineered Materials	68.4			64.2			212.7			197.0
Total	$	695.9		$	694.2		$	2,071.8		$	2,066.5
Operating profit (loss)
Fluid Handling	$	32.6		$	30.7		$	91.3		$	91.5
Payment & Merchandising Technologies	41.4			34.7			123.0			97.1
Aerospace & Electronics	34.8			38.9			104.8			110.6
Engineered Materials	12.2			11.4			39.5			38.6
Corporate *	(15.6		)	(11.9		)	(47.6		)	(45.9		)
Total	105.4			103.8			311.0			291.9
Interest income	0.7			0.5			1.8			1.4
Interest expense	(9.3		)	(9.2		)	(27.3		)	(27.5		)
Miscellaneous - net	0.2			(0.1		)	(0.8		)	(0.6		)
Income before income taxes	$	97.0		$	95.0		$	284.7		$	265.2

* Includes a $5 million legal settlement charge in the nine months ended September 30, 2016.

	As of
(in millions)	September 30, 2017		December 31, 2016
Assets
Fluid Handling	$	962.5	$	845.9
Payment & Merchandising Technologies	1,235.7		1,188.9
Aerospace & Electronics	564.9		555.5
Engineered Materials	227.8		224.7
Corporate	616.2		613.0
Total	$	3,607.1	$	3,428.0

The table below presents net sales by product line for each segment:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in millions)	2017		2016		2017		2016
Fluid Handling
Process Valves and Related Products	$	157.7	$	148.1	$	472.2	$	469.1
Commercial Valves	85.7		75.2		230.2		224.1
Other Products	23.5		21.8		67.9		65.9
Total Fluid Handling	$	266.9	$	245.1	$	770.3	$	759.1
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products	$	136.7	$	123.7	$	431.1	$	373.7
Merchandising Equipment	51.9		63.0		151.2		177.5
Total Payment & Merchandising Technologies	$	188.6	$	186.7	$	582.3	$	551.2
Aerospace & Electronics
Commercial Original Equipment	$	90.1	$	88.4	$	259.9	$	270.6
Military and Other Original Equipment	37.4		63.3		116.3		152.9
Commercial Aftermarket Products	32.3		31.9		96.0		96.3
Military Aftermarket Products	12.2		14.6		34.3		39.4
Total Aerospace & Electronics	$	172.0	$	198.2	$	506.5	$	559.2
Engineered Materials
FRP - Recreational Vehicles	$	37.2	$	32.6	$	116.9	$	99.8
FRP - Building Products	23.7		22.9		72.1		68.3
FRP - Transportation	7.5		8.7		23.7		28.9
Total Engineered Materials	$	68.4	$	64.2	$	212.7	$	197.0
Total Net Sales	$	695.9	$	694.2	$	2,071.8	$	2,066.5

Schedule Of Assets By Segment

	As of
(in millions)	September 30, 2017		December 31, 2016
Assets
Fluid Handling	$	962.5	$	845.9
Payment & Merchandising Technologies	1,235.7		1,188.9
Aerospace & Electronics	564.9		555.5
Engineered Materials	227.8		224.7
Corporate	616.2		613.0
Total	$	3,607.1	$	3,428.0

Schedule Of Goodwill By Segment

	As of
(in millions)	September 30, 2017		December 31, 2016
Goodwill
Fluid Handling	$	244.3	$	212.3
Payment & Merchandising Technologies	587.8		563.3
Aerospace & Electronics	202.4		202.3
Engineered Materials	171.4		171.3
Total	$	1,205.9	$	1,149.2