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Segment Information (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Geographic wise financial information Geographic Financial Information:
 
2016
2015
2014
Net sales:
 
 
 
United States
$
1,478.6

$
1,566.1

$
1,623.6

Americas excluding United States
308.2

339.7

378.1

Europe / Middle East / Africa
461.3

496.7

559.8

Asia-Pacific
421.7

469.8

514.7

 
$
2,669.8

$
2,872.3

$
3,076.2

Property, Plant and Equipment, net:
 
 
 
United States
$
418.0

$
446.7

$
443.5

Americas excluding United States
14.9

10.6

13.9

Europe / Middle East / Africa
141.1

92.5

96.2

Asia-Pacific
230.4

228.0

226.9

 
$
804.4

$
777.8

$
780.5

Segment wise financial performance The following tables provide segment financial information and a reconciliation of segment results to consolidated results:
 
2016
2015
2014
Net sales to external customers:
 
 
 
Mobile Industries
$
1,446.4

$
1,558.3

$
1,685.4

Process Industries
1,223.4

1,314.0

1,390.8

 
$
2,669.8

$
2,872.3

$
3,076.2

Segment EBIT:
 
 
 
Mobile Industries
$
108.8

$
173.3

$
65.6

Process Industries
163.2

190.2

267.1

Total EBIT, for reportable segments
$
272.0

$
363.5

$
332.7

Corporate expenses
(49.8
)
(57.4
)
(71.4
)
CDSOA income, net

59.6



Pension settlement charges
(28.1
)
(465.0
)
(33.0
)
Interest expense
(33.5
)
(33.4
)
(28.7
)
Interest income
1.9

2.7

4.4

Income (loss) from continuing operations before income taxes
$
222.1

$
(189.6
)
$
204.0


 
2016
2015
Assets employed at year-end:
 
 
Mobile Industries
$
1,159.5

$
1,240.1

Process Industries
1,320.5

1,226.9

Corporate
278.3

317.1

 
$
2,758.3

$
2,784.1


 
2016
2015
2014
Capital expenditures:
 
 
 
Mobile Industries
$
88.4

$
47.5

$
55.7

Process Industries
48.4

57.5

70.1

Corporate
0.7

0.6

1.0

 
$
137.5

$
105.6

$
126.8

Depreciation and amortization:
 
 
 
Mobile Industries
$
64.9

$
61.4

$
65.7

Process Industries
65.6

68.1

68.8

Corporate
1.2

1.3

2.5

 
$
131.7

$
130.8

$
137.0