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Segment Information (Tables)
12 Months Ended
Dec. 31, 2013
Financial Information by Reportable Business Segment
Financial information by reportable segment is included in the following summary:
 
2013
2012
2011
 
2013
2012
2011
In millions
Net sales
 
Operating income (loss)
Valves & Controls
$
2,469.2

$
548.6

$

 
$
161.4

$
(76.8
)
$

Process Technologies
1,765.9

1,521.1

1,345.9

 
243.2

132.5

(40.2
)
Flow Technologies
1,618.5

1,136.7

1,042.7

 
149.7

35.5

97.9

Technical Solutions
1,663.4

1,236.4

1,086.8

 
285.0

165.0

185.8

Other
(37.3
)
(26.7
)
(18.7
)
 
(65.3
)
(299.3
)
(143.3
)
Consolidated
$
7,479.7

$
4,416.1

$
3,456.7

 
$
774.0

$
(43.1
)
$
100.2

 
Identifiable assets (1)
 
Depreciation
Valves & Controls
$
4,204.0

$
4,369.6

$

 
$
64.0

$
15.1

$

Process Technologies
2,707.7

2,670.2

2,476.2

 
29.2

29.2

27.1

Flow Technologies
2,050.4

2,112.4

1,316.0

 
22.1

16.6

15.5

Technical Solutions
2,093.4

2,154.2

651.7

 
23.6

18.9

17.7

Other
687.8

576.3

142.4

 
10.0

8.0

5.9

Consolidated
$
11,743.3

$
11,882.7

$
4,586.3

 
$
148.9

$
87.8

$
66.2

 
Amortization
 
Capital expenditures
Valves & Controls
$
69.3

$
21.7

$

 
$
67.2

$
21.9

$

Process Technologies
26.0

24.4

21.8

 
45.2

31.2

30.6

Flow Technologies
16.7

13.6

17.8

 
26.2

18.7

18.8

Technical Solutions
25.2

16.2

2.3

 
16.2

13.5

15.6

Other

0.1


 
15.2

9.2

8.3

Consolidated
$
137.2

$
76.0

$
41.9

 
$
170.0

$
94.5

$
73.3

(1)
 All cash and cash equivalents are included in “Other.”
Geographic Information
The following tables present certain geographic information:
 
2013
2012
2011
 
2013
2012
2011
In millions
Net sales
 
Long-lived assets
U.S.
$
3,431.3

$
2,624.3

$
2,336.8

 
$
365.4

$
372.8

$
195.6

Europe
1,912.0

912.6

701.9

 
462.4

394.2

140.3

Australia
761.2

213.2

52.3

 
145.7

170.5

0.5

Asia and other
1,375.2

666.0

365.7

 
196.5

250.7

51.1

Consolidated
$
7,479.7

$
4,416.1

$
3,456.7

 
$
1,170.0

$
1,188.2

$
387.5