Segment Information

3 Months Ended

Mar. 31, 2018

We evaluate performance based on net sales and segment income (loss) and use a variety of ratios to measure performance of our reporting segments. These results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented. Segment income (loss) represents equity income of unconsolidated subsidiaries and operating income exclusive of intangible amortization, certain acquisition related expenses, costs of restructuring activities, impairments and other unusual non-operating items.

Financial information by reportable segment is as follows:



	Three months ended
In millions	March 31, 2018			March 31, 2017
Net sales
Water	$	732.3		$	682.9
Electrical	538.9			502.2
Other	(1.5		)	(1.6		)
Consolidated	$	1,269.7		$	1,183.5
Segment income (loss)
Water	$	132.7		$	116.1
Electrical	106.3			104.3
Other	(28.5		)	(34.7		)
Consolidated	$	210.5		$	185.7

The following table presents a reconciliation of consolidated segment income to consolidated income from continuing operations before income taxes:



	Three months ended
In millions	March 31, 2018			March 31, 2017
Segment income	$	210.5		$	185.7
Restructuring and other	(8.3		)	(20.9		)
Intangible amortization	(24.7		)	(24.0		)
Loss on sale of business	(5.3		)	—
Separation costs	(24.6		)	—
Net interest expense	(13.8		)	(35.0		)
Other expense	(2.0		)	(2.2		)
Income from continuing operations before income taxes	$	131.8		$	103.6