Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Financial Information by Reportable Segment

Financial information by reportable segment is as follows:

	Three months ended				Nine months ended
In millions	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
Net sales
Consumer Solutions	$	613.6	$	470.8	$	1,711.9	$	1,260.8
Industrial & Flow Technologies	355.1		327.4		1,063.1		960.1
Other	0.5		0.3		1.2		0.9
Consolidated	$	969.2	$	798.5	$	2,776.2	$	2,221.8
Segment income (loss)
Consumer Solutions	$	144.2	$	113.8	$	418.6	$	295.3
Industrial & Flow Technologies	52.4		42.7		159.5		131.5
Other	(16.9)		(16.0)		(59.1)		(50.1)
Consolidated	$	179.7	$	140.5	$	519.0	$	376.7

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				Nine months ended
In millions	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
Segment income	$	179.7	$	140.5	$	519.0	$	376.7
Deal-related costs and expenses	(2.1)		—		(3.8)		(0.4)
Restructuring, transformation and other costs	(4.1)		(2.1)		(11.4)		(5.6)
Intangible amortization	(6.0)		(6.9)		(19.4)		(21.5)
Gain (loss) on sale of businesses	1.4		—		1.4		(0.1)
COVID-19 related costs and expenses	(0.1)		(2.6)		(0.4)		(8.3)
Legal accrual adjustments	—		—		2.4		—
Net interest expense	(2.6)		(5.4)		(11.5)		(20.0)
Other expense	(0.4)		1.7		(1.2)		0.6
Income from continuing operations before income taxes	$	165.8	$	125.2	$	475.1	$	321.4