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Segment Information (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Geographic wise financial information
Geographic Financial Information:
 
2015
2014
2013
Net sales:
 
 
 
United States
$
1,566.1

$
1,623.6

$
1,663.0

Americas excluding United States
339.7

378.1

349.4

Europe / Middle East / Africa
496.7

559.8

564.4

Asia-Pacific
469.8

514.7

458.6

 
$
2,872.3

$
3,076.2

$
3,035.4

Property, Plant and Equipment, net:
 
 
 
United States
$
446.7

$
443.5

$
497.1

Americas excluding United States
10.6

13.9

14.7

Europe / Middle East / Africa
92.5

96.2

105.5

Asia-Pacific
228.0

226.9

238.5

 
$
777.8

$
780.5

$
855.8

Segment wise financial performance
The following tables provide segment financial information and a reconciliation of segment results to consolidated results:
 
2015
2014
2013
Net sales to external customers:
 
 
 
Mobile Industries
$
1,558.3

$
1,685.4

$
1,775.8

Process Industries
1,314.0

1,390.8

1,259.6

 
$
2,872.3

$
3,076.2

$
3,035.4

Segment EBIT:
 
 
 
Mobile Industries
$
173.3

$
65.6

$
193.7

Process Industries
190.2

267.1

189.3

Total EBIT, for reportable segments
$
363.5

$
332.7

$
383.0

Unallocated corporate expenses
(57.4
)
(71.4
)
(70.4
)
Unallocated pension settlement charges
(465.0
)
(33.0
)

Interest expense
(33.4
)
(28.7
)
(24.4
)
Interest income
2.7

4.4

1.9

(Loss) income from continuing operations before income taxes
$
(189.6
)
$
204.0

$
290.1


 
2015
2014
Assets employed at year-end:
 
 
Mobile Industries
$
1,240.8

$
1,373.8

Process Industries
1,227.4

1,209.6

Corporate
317.1

418.0

 
$
2,785.3

$
3,001.4


 
2015
2014
2013
Capital expenditures:
 
 
 
Mobile Industries
$
47.5

$
55.7

$
48.2

Process Industries
57.5

70.1

80.3

Corporate
0.6

1.0

5.1

 
$
105.6

$
126.8

$
133.6

Depreciation and amortization:
 
 
 
Mobile Industries
$
61.4

$
65.7

$
71.4

Process Industries
68.1

68.8

67.9

Corporate
1.3

2.5

3.1

 
$
130.8

$
137.0

$
142.4