OPERATING SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2016

OPERATING SEGMENTS

Schedule of financial information for each of the entity's reportable segments, including the impact of the preceding changes on previously reported full year 2015 net sales and oeprating income

	December 31, 2015
			Fixed		Venezuela
	Values at		Currency		Bolivar		Values at
(millions)	2015 Rates		Rate Change		Impact	Other	2016 Rates
Net Sales
Global Industrial		$ 4,857.8		$ (332.8)	$ (48.4)	$ 8.9	$ 4,485.5
Global Institutional		4,393.2		(170.5)	(3.6)	(8.2)	4,210.9
Global Energy		3,825.7		(253.6)	(100.6)	(0.7)	3,470.8
Other		773.4		(26.3)	-	-	747.1
Subtotal at fixed currency rates		13,850.1		(783.2)	(152.6)	-	12,914.3
Effect of foreign currency translation		(305.0)		783.2	152.6	-	630.8
Consolidated		$ 13,545.1		$     -	$     -	$     -	$ 13,545.1
Operating Income
Global Industrial		$ 692.7		$ (48.7)	$ (19.6)	$ 2.0	$ 626.4
Global Institutional		900.7		(22.8)	(0.3)	(1.0)	876.6
Global Energy		550.7		(44.2)	(40.9)	(0.1)	465.5
Other		132.0		(3.6)	-	(0.9)	127.5
Corporate		(670.8)		7.0	-	-	(663.8)
Subtotal at fixed currency rates		1,605.3		(112.3)	(60.8)	-	1,432.2
Effect of foreign currency translation		(44.0)		112.3	60.8	-	129.1
Consolidated		$ 1,561.3		$     -	$     -	$     -	$ 1,561.3

Schedule of financial information for each of the entity's reportable segments

	Third Quarter Ended				Nine Months Ended
	September 30				September 30
(millions)	2016		2015		2016		2015
Net Sales
Global Industrial		$ 1,185.2		$ 1,168.0		$ 3,416.5		$ 3,308.9
Global Institutional		1,163.4		1,092.4		3,354.4		3,121.7
Global Energy		760.6		827.3		2,275.2		2,585.7
Other		210.5		195.0		601.5		555.9
Subtotal at fixed currency rates		3,319.7		3,282.7		9,647.6		9,572.2
Effect of foreign currency translation		66.4		163.7		153.1		560.9
Consolidated		$ 3,386.1		$ 3,446.4		$ 9,800.7		$ 10,133.1
Operating Income
Global Industrial		$ 199.8		$ 179.7		$ 499.8		$ 430.2
Global Institutional		266.8		256.9		707.9		651.7
Global Energy		100.9		111.1		238.8		325.2
Other		41.3		37.0		110.2		91.9
Corporate		(44.8)		(208.8)		(222.5)		(378.4)
Subtotal at fixed currency rates		564.0		375.9		1,334.2		1,120.6
Effect of foreign currency translation		10.1		37.1		23.9		117.9
Consolidated		$ 574.1		$ 413.0		$ 1,358.1		$ 1,238.5