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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2014
Financial Information by Reportable Business Segment
Financial information by reportable segment is included in the following summary:
 
2014
2013
2012
 
2014
2013
2012
In millions
Net sales
 
Segment income (loss)
Valves & Controls
$
2,394.8

$
2,469.2

$
548.6

 
$
350.8

$
302.8

$
41.8

Process Technologies
1,833.2

1,765.9

1,521.1

 
267.2

253.2

181.1

Flow Technologies
1,106.6

1,131.6

1,025.5

 
138.5

132.3

104.7

Technical Solutions
1,728.1

1,663.4

1,236.4

 
358.8

322.4

232.1

Other
(23.7
)
(30.4
)
(24.8
)
 
(93.6
)
(108.4
)
(76.2
)
Consolidated
$
7,039.0

$
6,999.7

$
4,306.8

 
$
1,021.7

$
902.3

$
483.5

 
2014
2013
 
2014
2013
2012
In millions
Identifiable assets (1)
 
Depreciation
Valves & Controls
$
4,049.9

$
4,204.0

 
$
59.0

$
64.0

$
15.1

Process Technologies
2,586.9

2,730.6

 
31.1

29.2

29.2

Flow Technologies
1,276.7

1,426.4

 
14.5

14.5

14.0

Technical Solutions
2,117.3

2,093.4

 
24.2

23.6

18.9

Other
624.4

1,288.9

 
9.9

10.0

8.0

Consolidated
$
10,655.2

$
11,743.3

 
$
138.7

$
141.3

$
85.2

 
2014
2013
2012
 
2014
2013
2012
In millions
Amortization
 
Capital expenditures
Valves & Controls
$
53.4

$
69.3

$
21.7

 
$
45.9

$
67.2

$
21.9

Process Technologies
27.2

26.0

24.4

 
30.0

45.2

31.2

Flow Technologies
13.5

13.6

12.5

 
15.5

26.2

18.7

Technical Solutions
19.9

25.2

16.2

 
24.0

16.2

13.5

Other
—

—

0.1

 
14.2

15.2

9.2

Consolidated
$
114.0

$
134.1

$
74.9

 
$
129.6

$
170.0

$
94.5

(1)
 All cash and cash equivalents and assets held for sale are included in “Other.”
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
The following table presents a reconciliation of consolidated segment income to consolidated operating income (loss):
In millions
2014
2013
2012
Segment income
$
1,021.7

$
902.3

$
483.5

Deal related costs and expenses
—

—

(82.8
)
Inventory step-up and customer backlog
—

(86.6
)
(157.7
)
Restructuring and other
(109.6
)
(119.9
)
(45.4
)
Pension and other post-retirement mark-to-market gain (loss)
(49.9
)
63.2

(141.7
)
Trade name impairment
—

(11.0
)
(60.7
)
Redomicile related expenses
(10.3
)
(5.4
)
—

Operating income (loss)
$
851.9

$
742.6

$
(4.8
)
Geographic Information
The following tables present certain geographic information by region:
 
2014
2013
2012
 
2014
2013
In millions
Net sales
 
Long-lived assets
U.S.
$
3,541.1

$
3,431.3

$
2,624.3

 
$
350.0

$
365.4

Western Europe
1,701.0

1,795.3

909.1

 
340.0

393.9

Fast Growth
998.5

921.6

473.8

 
180.9

193.3

Other Developed
798.4

851.5

299.6

 
79.1

91.7

Consolidated
$
7,039.0

$
6,999.7

$
4,306.8

 
$
950.0

$
1,044.3