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Segment Information
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
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. 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 and transformation activities, impairments and other unusual non-operating items.
Financial information by reportable segment is as follows:
Three months endedSix months ended
In millionsJune 30,
2022
June 30,
2021
June 30,
2022
June 30,
2021
Net sales
Consumer Solutions$686.2 $576.9 $1,327.4 $1,098.3 
Industrial & Flow Technologies377.4 363.9 735.5 708.0 
Other0.6 0.3 0.9 0.7 
Consolidated$1,064.2 $941.1 $2,063.8 $1,807.0 
Segment income (loss)
Consumer Solutions$169.2 $143.4 $307.7 $274.4 
Industrial & Flow Technologies59.1 57.1 111.3 107.1 
Other(22.4)(25.6)(41.0)(42.2)
Consolidated$205.9 $174.9 $378.0 $339.3 
The following table presents a reconciliation of consolidated segment income to consolidated income from continuing operations before income taxes:
Three months endedSix months ended
In millionsJune 30,
2022
June 30,
2021
June 30,
2022
June 30,
2021
Segment income$205.9 $174.9 $378.0 $339.3 
Deal-related costs and expenses(1.6)(1.0)(8.0)(1.7)
Restructuring and other(1.1)(4.0)(3.2)(5.7)
Transformation costs(5.2)(1.9)(10.7)(1.9)
Intangible amortization(6.3)(6.3)(12.9)(13.4)
Russia business exit costs— — (5.9)— 
Legal accrual adjustments and settlements(0.5)— 0.2 2.4 
Net interest expense(9.2)(3.8)(14.9)(8.9)
Other expense(0.5)(0.2)(1.1)(0.8)
Income from continuing operations before income taxes$181.5 $157.7 $321.5 $309.3