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Segment Information
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment Information
18. Segment Information

The Company's businesses are aligned around its key end markets to better focus on growth strategies, provide increased opportunities to leverage Dover's scale and capitalize on productivity initiatives. Operating segments are defined as the components of an enterprise for which separate financial information is available and regularly evaluated by the entity's chief operating decision maker ("CODM") or decision-making group composed of Dover's Chief Executive Officer and Chief Financial Officer, in making resource allocation decisions and evaluating performance.

As described in Note 2 - Spin-off of Apergy Corporation, Dover completed the distribution of Apergy to its shareholders on May 9, 2018. Apergy holds entities conducting upstream energy businesses previously included in the Energy segment. Following completion of the spin-off, the retained Precision Components (Bearings & Compression) and Tulsa Winch Group businesses, which were historically reported within the former Energy segment, became part of the Fluids and Engineered Systems segments, respectively. As a result of the spin-off of Apergy, the Company no longer has the Energy segment.

Effective the second quarter of 2018, the Company categorizes its operating companies into three reportable segments based on how the CODM analyze performance, allocate capital and make strategic and operational decisions. The three reportable segments are as follows: 

•Engineered Systems segment is comprised of two platforms, Printing & Identification and Industrials, and is focused on the design, manufacture and service of critical equipment and components serving the fast-moving consumer goods, digital textile printing, vehicle service, environmental solutions and industrial end markets.

•Fluids segment, serving the Fueling & Transport, Pumps and Process Solutions end markets, is focused on the safe handling of critical fluids, and providing critical components to the retail fueling, chemical, hygienic, oil and gas, power generation and industrial end markets.

•The Refrigeration & Food Equipment segment is a provider of customer-driven solutions and services for safe and efficient production and processing of fuels worldwide and has a strong presence in the bearings and compression components and automation markets.
Segment financial information and a reconciliation of segment results to consolidated results follows:
  Years Ended December 31, 
  2018 2017 2016
Revenue: 
Engineered Systems $2,742,948 $2,667,984 $2,446,665 
Fluids 2,797,338 2,555,065 1,977,050 
Refrigeration & Food Equipment 1,453,093 1,599,105 1,620,339 
Intra-segment eliminations (1,261)(1,268)(830)
Total consolidated revenue $6,992,118 $6,820,886 $6,043,224 
Earnings from continuing operations: 
Segment earnings: (1)
Engineered Systems $451,270 $604,484 $399,209 
Fluids 389,804 368,630 246,545 
Refrigeration & Food Equipment 136,119 193,822 283,628 
Total segment earnings 977,193 1,166,936 929,382 
Corporate expense / other (2)
129,724 154,664 115,521 
Interest expense 130,972 144,948 135,969 
Interest income(8,881)(8,491)(6,752)
Earnings before provision for income taxes and discontinued operations 725,378 875,815 684,644 
Provision for income taxes 134,233 129,152 182,516 
Earnings from continuing operations $591,145 $746,663 $502,128 
Segment margins: 
Engineered Systems16.5 %22.7 %16.3 %
Fluids13.9 %14.4 %12.5 %
Refrigeration & Food Equipment9.4 %12.1 %17.5 %
Total Segments14.0 %17.1 %15.4 %
Net earnings8.5 %10.9 %8.3 %
Depreciation and amortization:      
Engineered Systems$75,879 $85,447 $78,173 
Fluids140,444 135,821 101,266 
Refrigeration & Food Equipment60,477 57,207 65,018 
Corporate5,780 4,803 5,215 
Consolidated total$282,580 $283,278 $249,672 
Capital expenditures:      
Engineered Systems$47,044 $37,495 $32,374 
Fluids86,566 90,625 68,147 
Refrigeration & Food Equipment32,482 32,541 23,651 
Corporate4,902 9,407 15,406 
Consolidated total$170,994 $170,068 $139,578 
(1) Segment earnings includes non-operating income and expense directly attributable to the segments. Non-operating income and expense includes Gain on sale of businesses and other expense (income), net.
(2) 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, shared business services costs and various administrative expenses relating to the corporate headquarters.
Selected financial information by market segment (continued): 
Total assets at December 31:20182017
Engineered Systems$3,070,019 $3,097,066 
Fluids3,458,153 3,410,634 
Refrigeration & Food Equipment1,252,870 1,284,852 
Corporate (3)
584,729 1,000,254 
Total assets - continuing operations8,365,771 8,792,806 
Assets from discontinued operations— 1,865,553 
Consolidated total$8,365,771 $10,658,359 
(3)The significant portion of corporate assets are principally cash and cash equivalents.

 RevenueLong-Lived Assets
 Years Ended December 31,At December 31,
 20182017201620182017
United States$3,619,717 $3,654,102 $3,351,466 $480,780 $459,931 
Europe1,572,788 1,476,686 1,241,297 239,070 238,986 
Asia867,268 754,845 658,425 24,872 29,074 
Other America631,164 621,831 516,544 59,550 57,016 
Other301,181 313,422 275,492 2,225 2,933 
Consolidated total$6,992,118 $6,820,886 $6,043,224 $806,497 $787,940 
Revenue is attributed to regions based on the location of the Company’s customer, which in some instances is an intermediary and not necessarily the end user. Long-lived assets are comprised of net property, plant and equipment. The Company’s businesses are based primarily in the United States, Europe and Asia. The Company’s businesses serve thousands of customers, none of which accounted for more than 10% of consolidated revenue.