SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Third Party Net Sales

The Company’s segment information for the three and nine months ended September 30, 2020 and 2019 was as follows:

Net Sales

	Three Months Ended				Nine Months Ended
(in millions)	2020		2019		2020		2019
Technologies & Equipment	$	503.8	$	534.5	$	1,328.0	$	1,613.7
Consumables	391.0		427.6		931.7		1,304.0
Total net sales	$	894.8	$	962.1	$	2,259.7	$	2,917.7

Segment Adjusted Operating Income

Segment Adjusted Operating Income

	Three Months Ended				Nine Months Ended
(in millions)	2020		2019		2020		2019
Technologies & Equipment	$	109.6	$	104.7	$	216.9	$	272.5
Consumables	99.1		113.8		143.1		341.3
Segment adjusted operating income	208.7		218.5		360.0		613.8
Reconciling items expense (income):
All other (a)	57.9		54.7		141.1		173.3
Goodwill impairment	—		—		156.6		—
Restructuring and other costs	18.7		5.2		62.5		68.1
Interest expense	14.5		6.6		33.5		23.0
Interest income	(0.4)		(0.7)		(1.8)		(2.0)
Other expense (income), net	0.9		(2.9)		3.8		(4.6)
Amortization of intangible assets	48.8		47.4		142.6		142.9
Depreciation resulting from the fair value step-up of property, plant, and equipment from business combinations	1.6		1.7		4.6		5.2
Income (loss) before income taxes	$	66.7	$	106.5	$	(182.9)	$	207.9

(a) Includes the results of unassigned Corporate headquarters costs and inter-segment eliminations.