Information on Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Reportable and Other Operating Segments

Financial data for our reportable segments for the years ended December 31, 2021, 2020 and 2019 were as follows:


	2021		2020		2019
Revenues:
HVAC reportable segment	$	752.1	$	740.8	$	738.7
Detection and Measurement reportable segment	467.4		387.3		384.9
Consolidated revenues	$	1,219.5	$	1,128.1	$	1,123.6

Income:
HVAC reportable segment	$	104.2	$	102.7	$	103.2
Detection and Measurement reportable segment	69.7		69.1		81.7
Total income for segments	173.9		171.8		184.9
Corporate expense	60.5		49.7		55.0

Long-term incentive compensation expense	12.8		13.1		12.6
Impairment of goodwill and intangible assets	5.7		0.7		—
Special charges, net	1.0		2.4		1.5
Other operating expenses, net (1)	20.2		9.0		1.8
Consolidated operating income	$	73.7	$	96.9	$	114.0


Capital expenditures:
HVAC reportable segment	$	5.3	$	7.0	$	8.7
Detection and Measurement reportable segment	3.4		2.7		2.3
General corporate	0.9		5.6		2.5
Total capital expenditures	$	9.6	$	15.3	$	13.5
Depreciation and amortization:
HVAC reportable segment	$	11.5	$	11.0	$	8.2
Detection and Measurement reportable segment	28.0		17.6		13.2
General corporate	2.8		3.3		3.0
Total depreciation and amortization	$	42.3	$	31.9	$	24.4


	2021		2020		2019
Identifiable assets:
HVAC reportable segment	$	808.4	$	632.2	$	654.0
Detection and Measurement reportable segment	835.4		772.5		609.4
General corporate and eliminations (2)	406.4		45.6		33.5
Insurance recovery assets (3)	526.2		496.4		509.6
Discontinued operations	52.2		387.0		361.3
Total identifiable assets	$	2,628.6	$	2,333.7	$	2,167.8
Geographic Areas:
Revenues: (4)
United States	$	991.5	$	935.7	$	972.7
China	57.9		41.7		31.1
United Kingdom	80.1		88.4		59.0
Other	90.0		62.3		60.8
	$	1,219.5	$	1,128.1	$	1,123.6


Tangible Long-Lived Assets:
United States	$	762.4	$	695.6	$	682.3
Other	37.8		26.8		41.4
Long-lived assets of continuing operations	800.2		722.4		723.7
Long-lived assets of discontinued operations, DBT and Heat Transfer	28.0		109.1		95.7
Total tangible long-lived assets	$	828.2	$	831.5	$	819.4

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(1)For 2021, includes charges of $26.3 for asbestos product liability matters related to products we no longer manufacture and $0.6 related to revisions to the liability associated with the contingent consideration for the Sensors & Software acquisition, partially offset by income of $6.7 related to the reduction of the liability associated with contingent consideration for the ECS acquisition. For 2020, includes charges of $9.4 for asbestos product liability matters, net of a gain of $0.4 related to revisions to estimates of certain liabilities retained in connection with the 2016 sale of the dry cooling business. For 2019, includes charges of $1.8 related to revisions to estimates of certain liabilities retained in connection with the 2016 sale of the dry cooling business.

(2)General corporate and eliminations is comprised of general corporate assets and includes elimination or netting of intercompany amounts, primarily related to certain deferred tax balances and cash management arrangements.

(3)Insurance recovery assets are associated with asbestos product liability matters. Refer to Note 15 for additional details.

(4)Revenues are included in the above geographic areas based on the country that recorded the revenue.