SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Third Party Net Sales

The following tables set forth information about the Company’s segments for the three and six months ended June 30, 2018 and 2017. Certain reclassifications have been made to the prior year’s data in order to conform to the current year presentation:

Third Party Net Sales

	Three Months Ended				Six Months Ended
(in millions)	2018		2017		2018		2017
Technologies & Equipment	$	548.8	$	532.8	$	1,057.1	$	1,011.8
Consumables	493.3		459.9		941.1		881.4
Total net sales	$	1,042.1	$	992.7	$	1,998.2	$	1,893.2

Third Party Net Sales, Excluding Precious Metal Content

Third Party Net Sales, Excluding Precious Metal Content

	Three Months Ended				Six Months Ended
(in millions)	2018		2017		2018		2017
Technologies & Equipment	$	539.4	$	523.1	$	1,037.4	$	991.0
Consumables	493.3		459.9		941.1		881.4
Total net sales, excluding precious metal content	1,032.7		983.0		1,978.5		1,872.4
Precious metal content of sales	9.4		9.7		19.7		20.8
Total net sales, including precious metal content	$	1,042.1	$	992.7	$	1,998.2	$	1,893.2

Segment Adjusted Operating Income

Segment Adjusted Operating Income

	Three Months Ended						Six Months Ended
(in millions)	2018			2017			2018			2017
Technologies & Equipment	$	77.1		$	98.0		$	151.8		$	151.9
Consumables	146.0			122.8			253.2			238.9
Segment adjusted operating income before income taxes and interest	223.1			220.8			405.0			390.8
Reconciling items expense (income):
All Other (a)	50.5			46.3			101.8			82.3
Goodwill impairment	1,085.8			1,092.9			1,085.8			1,092.9
Restructuring and other costs	188.9			81.7			199.1			84.8
Interest expense	9.6			9.6			18.2			18.9
Interest income	(0.4		)	(0.6		)	(1.0		)	(1.3		)
Other expense (income), net	(1.0		)	7.8			(35.1		)	6.8
Amortization of intangible assets	50.2			46.5			100.1			91.8
Depreciation resulting from the fair value step-up of property, plant and equipment from business combinations	1.8			1.4			3.6			2.8
Loss before income taxes	$	(1,162.3	)	$	(1,064.8	)	$	(1,067.5	)	$	(988.2	)

(a) Includes the results of unassigned Corporate headquarter costs, inter-segment eliminations and one distribution warehouse not managed by named segments