XML 63 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
Segment Information (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Financial Information by Reportable Business Segment
Financial information by reportable segment is included in the following summary:
 
2016
2015
2014
 
2016
2015
2014
In millions
Net sales
 
Segment income (loss)
Water Quality Systems
$
1,428.2

$
1,381.5

$
1,356.4

 
$
313.3

$
281.8

$
253.3

Flow & Filtration Solutions
1,363.1

1,441.6

1,603.1

 
180.7

187.2

201.3

Technical Solutions
2,116.0

1,809.3

1,728.1

 
447.2

395.0

378.1

Other
(17.3
)
(16.0
)
(20.8
)
 
(101.7
)
(108.8
)
(127.5
)
Consolidated
$
4,890.0

$
4,616.4

$
4,666.8

 
$
839.5

$
755.2

$
705.2

 
2016
2015
2014
 
2016
2015
2014
In millions
Identifiable assets (1)
 
Depreciation
Water Quality Systems
$
1,741.1

$
1,801.7

$
1,828.3

 
$
22.8

$
21.7

$
21.9

Flow & Filtration Solutions
1,724.4

1,822.8

2,040.0

 
24.0

23.6

23.7

Technical Solutions
4,419.3

4,488.4

2,117.3

 
31.6

27.6

24.2

Other
3,650.0

3,720.6

4,658.2

 
6.2

8.3

9.9

Consolidated
$
11,534.8

$
11,833.5

$
10,643.8

 
$
84.6

$
81.2

$
79.7

 
2016
2015
2014
In millions
Capital expenditures
Water Quality Systems
$
24.1

$
21.1

$
20.6

Flow & Filtration Solutions
16.7

20.4

24.9

Technical Solutions
74.5

47.4

24.0

Other
2.5

2.4

14.2

Consolidated
$
117.8

$
91.3

$
83.7

(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 income from continuing operations before income taxes:
In millions
2016
2015
2014
Segment income
$
839.5

$
755.2

$
705.2

Deal related costs and expenses

(14.3
)

Inventory step-up

(35.7
)

Restructuring and other
(20.6
)
(42.5
)
(63.1
)
Intangible amortization
(96.4
)
(68.1
)
(60.6
)
Pension and other post-retirement mark-to-market (loss) gain
(4.2
)
23.0

(31.5
)
Trade name impairment
(13.3
)


Redomicile related expenses


(10.3
)
Loss on sale of businesses, net
(3.9
)
(3.2
)
(0.2
)
Interest expense, net

(140.1
)
(101.9
)
(68.6
)
Income from continuing operations before income taxes
$
561.0

$
512.5

$
470.9

Geographic Information
The following tables present certain geographic information by region:
 
2016
2015
2014
 
2016
2015
2014
In millions
Net sales
 
Long-lived assets
U.S.
$
2,897.1

$
2,634.0

$
2,575.9

 
$
309.5

$
285.9

$
248.9

Western Europe
796.0

727.6

793.7

 
138.6

150.7

137.6

Developing (1)
704.0

731.6

796.0

 
65.2

60.3

76.0

Other Developed (2)
492.9

523.2

501.2

 
25.3

42.9

47.2

Consolidated
$
4,890.0

$
4,616.4

$
4,666.8

 
$
538.6

$
539.8

$
509.7

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