Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

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, 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 Technologies	377.4		363.9		735.5		708.0
Other	0.6		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 Technologies	59.1		57.1		111.3		107.1
Other	(22.4)		(25.6)		(41.0)		(42.2)
Consolidated	$	205.9	$	174.9	$	378.0	$	339.3

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, 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