Segment Information (Tables)

12 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Geographic wise financial information

Geographic Financial Information:

	2017		2016		2015
Net sales:
United States	$	1,603.0	$	1,478.6	$	1,566.1
Americas excluding United States	333.2		308.2		339.7
Europe / Middle East / Africa	570.3		461.3		496.7
Asia-Pacific	497.3		421.7		469.8
	$	3,003.8	$	2,669.8	$	2,872.3
Property, Plant and Equipment, net:
United States	$	392.1	$	418.0	$	446.7
Americas excluding United States	14.7		14.9		10.6
Europe / Middle East / Africa	203.4		141.1		92.5
Asia-Pacific	254.0		230.4		228.0
	$	864.2	$	804.4	$	777.8

Segment wise financial performance

The following tables provide segment financial information and a reconciliation of segment results to consolidated results:

	2017			2016			2015
Net sales to external customers:
Mobile Industries	$	1,640.0		$	1,446.4		$	1,558.3
Process Industries	1,363.8			1,223.4			1,314.0
	$	3,003.8		$	2,669.8		$	2,872.3
Segment EBIT:
Mobile Industries	$	132.1		$	87.1		$	205.5
Process Industries	220.5			149.5			207.6
Total EBIT, for reportable segments	$	352.6		$	236.6		$	413.1
Corporate expenses	(58.5		)	(61.4		)	(44.8		)
CDSOA income, net	—			59.6			—
Pension settlement charges	—			(1.6		)	(119.9		)
Interest expense	(37.1		)	(33.5		)	(33.4		)
Interest income	2.9			1.9			2.7
Income before income taxes	$	259.9		$	201.6		$	217.7

	2017		2016
Assets employed at year-end:
Mobile Industries	$	1,775.7	$	1,162.7
Process Industries	1,383.1		1,322.2
Corporate (1)	243.6		278.3
	$	3,402.4	$	2,763.2

⁽¹⁾ Corporate assets include corporate buildings and cash and cash equivalents.

	2017		2016		2015
Capital expenditures:
Mobile Industries	$	57.3	$	88.4	$	47.5
Process Industries	46.2		48.4		57.5
Corporate	1.2		0.7		0.6
	$	104.7	$	137.5	$	105.6
Depreciation and amortization:
Mobile Industries	$	70.0	$	64.9	$	61.4
Process Industries	66.6		65.6		68.1
Corporate	1.1		1.2		1.3
	$	137.7	$	131.7	$	130.8