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Reportable Business Segments (Tables) | 3 Months Ended
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Mar. 31, 2018
Segment Reporting, Measurement Disclosures [Abstract] |
Summary of segment description | While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions):
| Charges Incurred in 2018 |  | Charges Incurred to Date |  | Total Charges Expected to be Incurred
Residential Heating & Cooling | $ | 0.1 |  |  | $ | 1.5 |  |  | $ | 2.8 |
Commercial Heating & Cooling | 0.7 |  |  | 2.7 |  |  | 2.7 |
Refrigeration | 0.1 |  |  | 13.2 |  |  | 13.2 |
Corporate & Other | — |  |  | 2.3 |  |  | 2.3 |
Total restructuring charges | $ | 0.9 |  |  | $ | 19.7 |  |  | $ | 21.0 |
The following table describes each segment:
Segment |  | Product or Services |  | Markets Served |  | Geographic Areas
Residential Heating & Cooling |  | Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts |  | Residential Replacement; Residential New Construction |  | United States Canada
Commercial Heating & Cooling |  | Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment |  | Light Commercial |  | United States Canada Europe Central America South America
Refrigeration |  | Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems |  | Light Commercial; Food Preservation; Non-Food/Industrial |  | United States Canada Europe Asia Pacific South America Central America
Net sales and segment profit (loss) and reconciliation of segment profit (loss) to income from continuing operations before income taxes | Net sales and segment profit (loss) for each segment, along with a reconciliation of segment profit (loss) to Operating income, are shown below (in millions):
| For the Three Months Ended March 31,
| 2018 |  | 2017
Net sales |  |  |
Residential Heating & Cooling | $ | 453.7 |  |  | $ | 419.8 |
Commercial Heating & Cooling | 205.5 |  |  | 195.5 |
Refrigeration | 175.6 |  |  | 178.1 |
| $ | 834.8 |  |  | $ | 793.4 |
Segment profit (loss) (1) |  |  |
Residential Heating & Cooling | $ | 51.3 |  |  | $ | 42.5 |
Commercial Heating & Cooling | 19.5 |  |  | 19.1 |
Refrigeration | 11.2 |  |  | 14.1 |
Corporate and other | (11.2 | ) |  | (11.0 | )
Total segment profit | 70.8 |  |  | 64.7 |
Reconciliation to Operating income: |  |  |
One time inventory write down | 0.1 |  |  | — |
Loss on assets held for sale | 10.3 |  |  | — |
Items in Losses (Gains) and other expenses, net that are excluded from segment profit (loss) (1) | 6.5 |  |  | 3.8 |
Restructuring charges | 0.9 |  |  | 0.1 |
Operating income | $ | 53.0 |  |  | $ | 60.8 |
(1) We define segment profit (loss) as a segment's operating income included in the accompanying Consolidated Statements of Operations, excluding:
• | The following items in Losses (gains) and other expenses, net:
◦ | Net change in unrealized losses (gains) on unsettled futures contracts,
◦ | Special legal contingency charges,
◦ | Asbestos-related litigation,
◦ | Contractor tax payments,
◦ | Environmental liabilities,
◦ | Acquisition costs,
◦ | Other items, net,
• | One time inventory write down,
• | Loss on assets held for sale; and,
• | Restructuring charges

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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