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Segment Information
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Information
Note 12 - 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
June 30,
Six Months Ended
June 30,
 
2016
2015
2016
2015
Net sales:
 
 
 
 
Mobile Industries
$
367.8

$
388.6

$
751.0

$
781.6

Process Industries
305.8

339.4

606.6

668.9

 
$
673.6

$
728.0

$
1,357.6

$
1,450.5

 
 
 
 
 
Segment EBIT:
 
 
 
 
Mobile Industries
$
35.3

$
36.0

$
65.5

$
71.4

Process Industries
46.7

56.7

79.3

101.9

Total EBIT, for reportable segments
$
82.0

$
92.7

$
144.8

$
173.3

Unallocated corporate expenses
(14.5
)
(14.0
)
(25.2
)
(28.2
)
Unallocated pension settlement charges
(0.4
)
(4.4
)
(1.6
)
(219.6
)
Continued Dumping & Subsidy Offset Act income, net of
expenses
6.1

—

53.8

—

Interest expense
(8.7
)
(8.4
)
(17.1
)
(16.4
)
Interest income
0.4

0.7

0.7

1.4

Income (loss) before income taxes
$
64.9

$
66.6

$
155.4

$
(89.5
)