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Segment Information
6 Months Ended
Jun. 27, 2015
Segment Information
Segment information
During the first quarter of 2015, we reorganized our business segments to reflect a new operating structure and management of our Global Business Units, resulting in a change to our reporting segments in 2015.
Financial information by reportable segment is as follows:
 
Three months ended
 
Six months ended
In millions
June 27,
2015
June 28,
2014
 
June 27,
2015
June 28,
2014
Net sales
 
 
 
 
 
Valves & Controls
$
496.4

$
628.6

 
$
925.6

$
1,159.6

Flow & Filtration Solutions
374.6

424.5

 
724.7

825.6

Water Quality Systems
387.7

377.9

 
694.6

681.9

Technical Solutions
407.1

408.6

 
802.9

823.9

Other
(4.6
)
(5.5
)
 
(11.6
)
(12.9
)
Consolidated
$
1,661.2

$
1,834.1

 
$
3,136.2

$
3,478.1

Segment income (loss)
 
 
 
 
 
Valves & Controls
$
51.1

$
87.7

 
$
93.1

$
148.6

Flow & Filtration Solutions
49.7

54.0

 
78.8

88.7

Water Quality Systems
85.7

82.0

 
135.0

129.7

Technical Solutions
80.8

76.6

 
153.5

155.6

Other
(22.4
)
(21.0
)
 
(44.3
)
(42.7
)
Consolidated
$
244.9

$
279.3

 
$
416.1

$
479.9


The following table presents a reconciliation of consolidated segment income to consolidated operating income:
 
Three months ended
 
Six months ended
In millions
June 27,
2015
June 28,
2014
 
June 27,
2015
June 28,
2014
Segment income
$
244.9

$
279.3

 
$
416.1

$
479.9

Restructuring and other
(25.5
)
(44.1
)
 
(25.5
)
(61.1
)
Inventory step-up
(1.5
)

 
(1.5
)

Redomicile related expenses

(8.8
)
 

(10.3
)
Operating income
$
217.9

$
226.4

 
$
389.1

$
408.5