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Segment Information
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment Information
17. Segment Information

The Company categorizes its operating companies into five reportable segments as follows:

•Engineered Products segment is a provider of a wide range of products, software and services that have broad customer applications across a number of markets, including aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing.

•Fueling Solutions segment is focused on providing components, equipment and software and service solutions enabling safe transport of fuels and other hazardous fluids along the supply chain, as well as the safe and efficient operation of retail fueling and vehicle wash establishments.

•Imaging & Identification segment supplies precision marking and coding, product traceability and digital textile printing equipment, as well as related consumables, software and services.

•Pumps & Process Solutions segment manufactures specialty industrial pumps, fluid handling components, plastics and polymer processing equipment, single use pumps, flow meters and connectors for biopharma and other hygienic applications, and highly engineered components for rotating and reciprocating machines.

•Refrigeration & Food Equipment segment is a provider of innovative and energy-efficient equipment and systems that serve the commercial refrigeration, heating and cooling and food equipment markets.
Segment financial information and a reconciliation of segment results to consolidated results was as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
 2021202020212020
Revenue:  
Engineered Products$447,798 $386,562 $1,318,016 $1,137,102 
Fueling Solutions410,561 380,511 1,237,281 1,066,988 
Imaging & Identification292,535 265,690 870,939 750,432 
Pumps & Process Solutions438,240 347,875 1,261,318 976,506 
Refrigeration & Food Equipment429,425 368,395 1,232,008 973,835 
Intra-segment eliminations(290)(777)(1,716)(1,493)
Total consolidated revenue$2,018,269 $1,748,256 $5,917,846 $4,903,370 
Net earnings: 
Segment earnings (EBIT): (1)
  
Engineered Products (2)
$71,717 $64,890 $203,216 $181,686 
Fueling Solutions65,593 66,601 210,828 167,313 
Imaging & Identification63,419 51,928 181,158 141,456 
Pumps & Process Solutions142,414 89,786 404,691 223,567 
Refrigeration & Food Equipment(3)
42,841 40,159 129,929 75,147 
Total segment earnings (EBIT)385,984 313,364 1,129,822 789,169 
Corporate expense / other (4)
33,498 35,603 112,880 87,011 
Interest expense26,433 27,724 79,917 83,703 
Interest income(1,466)(960)(3,088)(2,871)
Earnings before provision for income taxes327,519 250,997 940,113 621,326 
Provision for income taxes63,763 50,697 179,080 119,981 
Net earnings$263,756 $200,300 $761,033 $501,345 
(1) Segment earnings (EBIT) includes non-operating income and expense directly attributable to the segments. Non-operating income and expense includes gain on sale of a business and other income, net.
(2) Q3 2021 includes a $9,078 payment received for previously incurred restructuring costs related to a product line exit.
(3) The three and nine months ended September 30, 2020 include a $557 expense and a $5,213 gain on the sale of AMS Chino, respectively. The nine months ended September 30, 2020 also include a $3,640 write-off of assets.
(4) Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, shared business services overhead costs, deal related expenses and various administrative expenses relating to the corporate headquarters.

The following table presents revenue disaggregated by geography based on the location of the Company's customer:
Three Months Ended September 30,Nine Months Ended September 30,
Revenue by geography2021202020212020
United States$1,108,513 $952,548 $3,235,542 $2,762,187 
Europe452,066 383,867 1,356,435 1,065,109 
Asia222,366 207,474 650,481 525,758 
Other Americas166,230 138,060 468,298 380,104 
Other69,094 66,307 207,090 170,212 
Total$2,018,269 $1,748,256 $5,917,846 $4,903,370