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Segment Information
9 Months Ended
Sep. 29, 2017
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company operates and reports its results in four separate business segments consisting of the Life Sciences, Diagnostics, Dental and Environmental & Applied Solutions segments. When determining the reportable segments, the Company aggregated operating segments based on their similar economic and operating characteristics. Operating profit represents total revenues less operating expenses, excluding nonoperating income and expense, interest and income taxes. Intersegment amounts are not significant and are eliminated to arrive at consolidated totals. Operating profit amounts in the Other segment consist of unallocated corporate costs and other costs not considered part of management’s evaluation of reportable segment operating performance. There has been no material change in total assets or liabilities by segment since December 31, 2016.
Segment results are shown below ($ in millions):
 
Three-Month Period Ended
 
Nine-Month Period Ended
 
September 29, 2017
 
September 30, 2016
 
September 29, 2017
 
September 30, 2016
Sales:
 
 
 
 
 
 
 
Life Sciences
$
1,392.6

 
$
1,325.4

 
$
4,085.0

 
$
3,911.8

Diagnostics
1,448.7

 
1,212.7

 
4,216.0

 
3,606.5

Dental
694.0

 
675.6

 
2,052.1

 
2,046.1

Environmental & Applied Solutions
992.9

 
918.4

 
2,890.9

 
2,733.7

Total
$
4,528.2

 
$
4,132.1

 
$
13,244.0

 
$
12,298.1

 
 
 
 
 
 
 
 
Operating profit:
 
 
 
 
 
 
 
Life Sciences
$
246.8

 
$
204.7

 
$
680.0

 
$
574.1

Diagnostics
242.7

 
193.9

 
554.9

 
606.3

Dental
102.2

 
101.3

 
301.4

 
305.6

Environmental & Applied Solutions
222.8

 
223.4

 
666.0

 
640.1

Other
(47.0
)
 
(24.2
)
 
(127.2
)
 
(103.8
)
Total
$
767.5

 
$
699.1

 
$
2,075.1

 
$
2,022.3