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Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment wise financial performance The primary measurement used by management to measure the financial performance of each segment is earnings before interest and taxes ("EBIT").
 
Three Months Ended
September 30,
Nine Months Ended
September 30,
 
2018
2017
2018
2017
Net sales:
 
 
 
 
Mobile Industries
$
464.2

$
422.8

$
1,441.8

$
1,214.2

Process Industries
417.1

348.6

1,228.9

1,011.6

Net sales
$
881.3

$
771.4

$
2,670.7

$
2,225.8

Segment EBIT:
 
 
 
 
Mobile Industries
$
50.6

$
35.0

$
156.2

$
102.0

Process Industries
81.8

61.7

254.0

166.0

Total EBIT, for reportable segments
$
132.4

$
96.7

$
410.2

$
268.0

Corporate expenses
(17.9
)
(12.1
)
(47.2
)
(36.4
)
Pension-related charges
(5.3
)

(3.1
)
(4.4
)
Interest expense
(12.5
)
(10.1
)
(33.2
)
(26.5
)
Interest income
0.6

0.7

1.5

2.0

Income before income taxes
$
97.3

$
75.2

$
328.2

$
202.7