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Segment Information
12 Months Ended
Dec. 31, 2015
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company operates and reports its results in five separate business segments consisting of the Test & Measurement, Environmental, Life Sciences & Diagnostics, Dental and Industrial Technologies segments. Operating profit represents total revenues less operating expenses, excluding other expense, interest and income taxes. The identifiable assets by segment are those used in each segment’s operations. Inter-segment amounts are not significant and are eliminated to arrive at consolidated totals.
Detailed segment data for the years ended December 31 is as follows ($ in millions):
 
2015
 
2014
 
2013
Sales:
 
 
 
 
 
Test & Measurement
$
2,654.8

 
$
2,702.1

 
$
2,582.4

Environmental
3,635.4

 
3,547.3

 
3,316.9

Life Sciences & Diagnostics
8,213.1

 
7,185.7

 
6,856.4

Dental
2,736.8

 
2,193.1

 
2,094.9

Industrial Technologies
3,323.0

 
3,525.8

 
3,432.5

Total
$
20,563.1

 
$
19,154.0

 
$
18,283.1

 
 
 
 
 
 
Operating profit:
 
 
 
 
 
Test & Measurement
$
614.4

 
$
573.2

 
$
515.1

Environmental
782.4

 
705.2

 
696.5

Life Sciences & Diagnostics
1,088.5

 
1,105.9

 
1,009.8

Dental
370.4

 
304.4

 
304.9

Industrial Technologies
799.3

 
801.3

 
722.9

Other
(185.9
)
 
(143.4
)
 
(128.7
)
Total
$
3,469.1

 
$
3,346.6

 
$
3,120.5

 
 
 
 
 
 
Identifiable assets:
 
 
 
 
 
Test & Measurement
$
3,575.1

 
$
3,550.9

 
$
3,561.6

Environmental
3,881.7

 
3,824.9

 
3,584.5

Life Sciences & Diagnostics
29,448.7

 
13,743.9

 
13,614.7

Dental
5,906.9

 
6,224.3

 
4,095.1

Industrial Technologies
4,100.2

 
4,149.0

 
4,363.6

Other
1,309.6

 
3,615.2

 
3,519.3

Discontinued Operations

 
1,883.5

 
1,933.4

Total
$
48,222.2

 
$
36,991.7

 
$
34,672.2

 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
Test & Measurement
$
80.2

 
$
83.5

 
$
90.7

Environmental
89.8

 
85.7

 
62.7

Life Sciences & Diagnostics
660.1

 
539.0

 
517.3

Dental
132.0

 
85.0

 
83.3

Industrial Technologies
81.0

 
88.8

 
89.2

Other
8.2

 
7.5

 
7.4

Total
$
1,051.3

 
$
889.5

 
$
850.6

 
2015
 
2014
 
2013
Capital expenditures, gross:
 
 
 
 
 
Test & Measurement
$
23.8

 
$
17.0

 
$
25.4

Environmental
90.8

 
76.1

 
46.5

Life Sciences & Diagnostics
399.4

 
391.1

 
386.7

Dental
53.3

 
24.4

 
30.7

Industrial Technologies
63.6

 
70.6

 
47.1

Other
2.1

 
1.4

 
1.7

Total
$
633.0

 
$
580.6

 
$
538.1


Operations in Geographical Areas:
 
For the Year Ended December 31
($ in millions)
2015
 
2014
 
2013
Sales:
 
 
 
 
 
United States
$
9,072.9

 
$
8,091.2

 
$
7,613.6

China
1,989.7

 
1,727.5

 
1,612.7

Germany
1,123.5

 
1,182.9

 
1,161.5

All other (each country individually less than 5% of total sales)
8,377.0

 
8,152.4

 
7,895.3

Total
$
20,563.1

 
$
19,154.0

 
$
18,283.1

 
 
 
 
 
 
Long-lived assets:
 
 
 
 
 
United States
$
21,939.1

 
$
16,888.3

 
$
15,673.7

Germany
3,159.7

 
1,875.1

 
1,939.7

All other (each country individually less than 5% of total long-lived assets)
15,286.7

 
8,797.0

 
7,945.1

Total
$
40,385.5

 
$
27,560.4

 
$
25,558.5


Sales by Major Product Group:
 
For the Year Ended December 31
($ in millions)
2015
 
2014
 
2013
Analytical and physical instrumentation
$
5,760.6

 
$
5,778.6

 
$
5,443.6

Medical and dental products
10,962.8

 
9,381.6

 
8,958.0

Motion and industrial automation controls
1,407.0

 
1,554.5

 
1,559.1

Product identification
1,571.6

 
1,611.2

 
1,551.5

All other
861.1

 
828.1

 
770.9

Total
$
20,563.1

 
$
19,154.0

 
$
18,283.1