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Segment Information
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Information
Note 10 - Segment Information

The primary measurement used by management to measure the financial performance of each segment is EBIT (earnings before interest and taxes).
 
Three Months Ended
March 31,
 
2016
2015
Net sales:
 
 
Mobile Industries
$
383.2

$
393.0

Process Industries
300.8

329.5

 
$
684.0

$
722.5

 
 
 
Segment EBIT:
 
 
Mobile Industries
$
30.2

$
35.4

Process Industries
32.6

45.2

Total EBIT, for reportable segments
$
62.8

$
80.6

Unallocated corporate expenses
(10.7
)
(14.2
)
Unallocated pension settlement charges
(1.2
)
(215.2
)
       Continued Dumping & Subsidy Offset Act income, net of expenses
47.7


Interest expense
(8.4
)
(8.0
)
Interest income
0.3

0.7

Income (loss) before income taxes
$
90.5

$
(156.1
)