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Segment Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Financial Information by Reportable Segment
Financial information by reportable segment is as follows:
 
Three months ended
 
Six months ended
In millions
June 30,
2019
June 30,
2018
 
June 30,
2019
June 30,
2018
Net sales
 
 
 
 
 
Aquatic Systems
$
270.6

$
276.2

 
$
491.1

$
516.6

Filtration Solutions
285.6

262.1

 
524.9

513.7

Flow Technologies
243.0

241.9

 
471.7

482.2

Other
0.3

0.4

 
0.7

0.7

Consolidated
$
799.5

$
780.6

 
$
1,488.4

$
1,513.2

Segment income (loss)
 
 
 
 
 
Aquatic Systems
$
76.8

$
79.6

 
$
129.2

$
139.6

Filtration Solutions
50.0

52.3

 
83.7

86.0

Flow Technologies
41.9

44.4

 
72.0

83.1

Other
(14.6
)
(12.2
)
 
(32.1
)
(27.6
)
Consolidated
$
154.1

$
164.1

 
$
252.8

$
281.1


Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following table presents a reconciliation of consolidated segment income to consolidated income from continuing operations before income taxes:
 
Three months ended
 
Six months ended
In millions
June 30,
2019
June 30,
2018
 
June 30,
2019
June 30,
2018
Segment income
$
154.1

$
164.1

 
$
252.8

$
281.1

Deal-related costs and expenses


 
(4.2
)

Inventory step-up
(0.5
)

 
(2.2
)

Restructuring and other
(6.7
)
(19.0
)
 
(7.8
)
(24.6
)
Intangible amortization
(8.3
)
(9.1
)
 
(16.5
)
(18.4
)
Pension settlement gain
12.2


 
12.2


Asset impairment
(2.9
)
(6.0
)
 
(18.2
)
(6.0
)
(Loss) gain on sale of business
(0.1
)
(0.9
)
 
3.4

(6.2
)
Loss on early extinguishment of debt

(17.1
)
 

(17.1
)
Corporate allocations

(2.2
)
 

(11.0
)
Net interest expense
(9.4
)
(10.1
)
 
(16.7
)
(23.6
)
Other expense
(1.2
)
(1.0
)
 
(2.4
)
(2.0
)
Income from continuing operations before income taxes
$
137.2

$
98.7

 
$
200.4

$
172.2