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Segment Information
 9 Months Ended
Sep. 30, 2016
Segment Information
Segment Information
We evaluate performance based on net sales and segment income (loss) and use a variety of ratios to measure performance of our reporting segments. Segment income (loss) represents equity income of unconsolidated subsidiaries and operating income exclusive of intangible amortization, certain acquisition related expenses, costs of restructuring activities, "mark-to-market" gain/loss for pension and other post-retirement plans, impairments and other unusual non-operating items.
Financial information by reportable segment is as follows:
 
Three months ended
 
Nine months ended
In millions
September 30,
2016
September 26,
2015
 
September 30,
2016
September 26,
2015
Net sales
 
 
 
 
 
Water Quality Systems
$
328.6

$
322.0

 
$
1,057.2

$
1,016.6

Flow & Filtration Solutions
342.7

362.7

 
1,049.1

1,087.4

Technical Solutions
543.1

432.3

 
1,608.3

1,235.2

Other
(3.7
)
(4.2
)
 
(12.7
)
(11.8
)
Consolidated
$
1,210.7

$
1,112.8

 
$
3,701.9

$
3,327.4

Segment income (loss)
 
 
 
 
 
Water Quality Systems
$
69.6

$
60.5

 
$
229.5

$
200.5

Flow & Filtration Solutions
49.5

53.2

 
144.5

146.7

Technical Solutions
119.6

101.0

 
344.0

265.0

Other
(22.5
)
(27.2
)
 
(82.9
)
(85.4
)
Consolidated
$
216.2

$
187.5

 
$
635.1

$
526.8


The following table presents a reconciliation of consolidated segment income to consolidated operating income:
 
Three months ended
 
Nine months ended
In millions
September 30,
2016
September 26,
2015
 
September 30,
2016
September 26,
2015
Segment income
$
216.2

$
187.5

 
$
635.1

$
526.8

Restructuring and other
(8.1
)
(3.9
)
 
(20.9
)
(20.1
)
Intangible amortization
(24.1
)
(14.8
)
 
(72.6
)
(43.8
)
Inventory step-up
—

(1.4
)
 
—

(2.9
)
Transaction costs
—

(14.3
)
 
—

(14.3
)
Equity income of unconsolidated subsidiaries
(1.2
)
(0.2
)
 
(2.7
)
(1.3
)
Operating income
$
182.8

$
152.9

 
$
538.9

$
444.4