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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2015
Financial Information by Reportable Business Segment
Financial information by reportable segment is included in the following summary:
 
2015
2014
2013
 
2015
2014
2013
In millions
Net sales
 
Segment income (loss)
Valves & Controls
$
1,840.1

$
2,377.3

$
2,451.7

 
$
223.0

$
398.5

$
349.3

Flow & Filtration Solutions
1,441.6

1,603.1

1,651.8

 
185.1

199.5

202.4

Water Quality Systems
1,381.5

1,356.4

1,269.3

 
281.8

253.3

227.9

Technical Solutions
1,809.3

1,728.1

1,663.4

 
395.0

378.1

342.0

Other
(23.5
)
(25.9
)
(36.5
)
 
(83.7
)
(93.7
)
(108.4
)
Consolidated
$
6,449.0

$
7,039.0

$
6,999.7

 
$
1,001.2

$
1,135.7

$
1,013.2

 
2015
2014
2013
 
2015
2014
2013
In millions
Identifiable assets (1)
 
Depreciation
Valves & Controls
$
3,243.3

$
4,045.2

$
4,198.2

 
$
58.3

$
59.0

$
64.0

Flow & Filtration Solutions
1,822.8

2,040.0

2,311.7

 
23.6

23.7

23.4

Water Quality Systems
1,801.7

1,828.3

1,851.1

 
21.7

21.9

20.3

Technical Solutions
4,488.4

2,117.3

2,093.4

 
27.6

24.2

23.6

Other
500.8

624.4

1,288.9

 
8.3

9.9

10.0

Consolidated
$
11,857.0

$
10,655.2

$
11,743.3

 
$
139.5

$
138.7

$
141.3

 
2015
2014
2013
In millions
Capital expenditures
Valves & Controls
$
43.0

$
45.9

$
67.2

Flow & Filtration Solutions
20.4

24.9

32.2

Water Quality Systems
21.1

20.6

31.5

Technical Solutions
47.4

24.0

16.2

Other
2.4

14.2

22.9

Consolidated
$
134.3

$
129.6

$
170.0

(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:
In millions
2015
2014
2013
Segment income
$
1,001.2

$
1,135.7

$
1,013.2

Deal related costs and expenses
(14.3
)
—

—

Inventory step-up and customer backlog
(35.7
)
—

(86.6
)
Restructuring and other
(120.9
)
(109.6
)
(119.9
)
Intangible amortization, excluding customer backlog
(121.4
)
(114.0
)
(110.9
)
Pension and other post-retirement mark-to-market gain (loss)
23.0

(49.9
)
63.2

Goodwill and trade name impairment
(554.7
)
—

(11.0
)
Redomicile related expenses
—

(10.3
)
(5.4
)
Operating income
$
177.2

$
851.9

$
742.6
Geographic Information
The following tables present certain geographic information by region:
 
2015
2014
2013
 
2015
2014
2013
In millions
Net sales
 
Long-lived assets
U.S.
$
3,091.0

$
3,103.6

$
2,981.7

 
$
381.4

$
350.0

$
365.4

Western Europe
1,141.5

1,355.5

1,373.8

 
324.5

340.0

393.9

Developing (1)
1,425.6

1,662.0

1,733.8

 
158.6

180.9

193.3

Other Developed (2)
790.9

917.9

910.4

 
78.3

79.1

91.7

Consolidated
$
6,449.0

$
7,039.0

$
6,999.7

 
$
942.8

$
950.0

$
1,044.3

(1) - Developing includes China, Eastern Europe, Latin America, the Middle East and Southeast Asia.
(2) - Other Developed includes Australia, Canada and Japan.