Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Revenue and earnings from continuing operations by market segment

	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Revenue:
Energy	$	273,248		$	363,872		$	815,486		$	1,160,339
Engineered Systems	570,562			579,396			1,739,989			1,745,683
Fluids	412,822			352,018			1,217,722			1,043,765
Refrigeration & Food Equipment	451,328			492,460			1,243,966			1,312,672
Intra-segment eliminations	(197		)	(164		)	(782		)	(748		)
Total consolidated revenue	$	1,707,763		$	1,787,582		$	5,016,381		$	5,261,711
Earnings from continuing operations:
Segment earnings:
Energy	$	13,279		$	48,726		$	24,448		$	141,940
Engineered Systems	97,240			102,866			295,022			287,717
Fluids	66,178			74,911			166,258			199,713
Refrigeration & Food Equipment	64,111			76,665			165,502			178,547
Total segment earnings	240,808			303,168			651,230			807,917
Corporate expense / other (1)	26,638			25,881			81,066			80,789
Interest expense, net	32,994			31,983			96,865			96,008
Earnings before provision for income taxes and discontinued operations	181,176			245,304			473,299			631,120
Provision for income taxes	51,092			58,821			125,569			171,813
Earnings from continuing operations	$	130,084		$	186,483		$	347,730		$	459,307

⁽¹⁾   Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, and various administrative expenses relating to the corporate headquarters.