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Segment Information | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Segment Information | Segment Information We evaluate performance based on net sales and segment income (loss) and use a variety of ratios to measure performance of our reporting segments. These results are not necessarily indicative of the results of operations that would have occurred had each segment been an independent, stand-alone entity during the periods presented. Segment income (loss) represents equity income of unconsolidated subsidiaries and operating income exclusive of intangible amortization, certain acquisition related expenses, costs of restructuring activities, impairments and other unusual non-operating items. Financial information by reportable segment is as follows:
| Three months ended |  | Six months ended
In millions | June 30, 2019 | June 30, 2018 |  | June 30, 2019 | June 30, 2018
Net sales |  |  |  |  |
Aquatic Systems | $ | 270.6 |  | $ | 276.2 |  |  | $ | 491.1 |  | $ | 516.6 |
Filtration Solutions | 285.6 |  | 262.1 |  |  | 524.9 |  | 513.7 |
Flow Technologies | 243.0 |  | 241.9 |  |  | 471.7 |  | 482.2 |
Other | 0.3 |  | 0.4 |  |  | 0.7 |  | 0.7 |
Consolidated | $ | 799.5 |  | $ | 780.6 |  |  | $ | 1,488.4 |  | $ | 1,513.2 |
Segment income (loss) |  |  |  |  |
Aquatic Systems | $ | 76.8 |  | $ | 79.6 |  |  | $ | 129.2 |  | $ | 139.6 |
Filtration Solutions | 50.0 |  | 52.3 |  |  | 83.7 |  | 86.0 |
Flow Technologies | 41.9 |  | 44.4 |  |  | 72.0 |  | 83.1 |
Other | (14.6 | ) | (12.2 | ) |  | (32.1 | ) | (27.6 | )
Consolidated | $ | 154.1 |  | $ | 164.1 |  |  | $ | 252.8 |  | $ | 281.1 |
The following table presents a reconciliation of consolidated segment income to consolidated income from continuing operations before income taxes:
| Three months ended |  | Six months ended
In millions | June 30, 2019 | June 30, 2018 |  | June 30, 2019 | June 30, 2018
Segment income | $ | 154.1 |  | $ | 164.1 |  |  | $ | 252.8 |  | $ | 281.1 |
Deal-related costs and expenses | — |  | — |  |  | (4.2 | ) | — |
Inventory step-up | (0.5 | ) | — |  |  | (2.2 | ) | — |
Restructuring and other | (6.7 | ) | (19.0 | ) |  | (7.8 | ) | (24.6 | )
Intangible amortization | (8.3 | ) | (9.1 | ) |  | (16.5 | ) | (18.4 | )
Pension settlement gain | 12.2 |  | — |  |  | 12.2 |  | — |
Asset impairment | (2.9 | ) | (6.0 | ) |  | (18.2 | ) | (6.0 | )
(Loss) gain on sale of business | (0.1 | ) | (0.9 | ) |  | 3.4 |  | (6.2 | )
Loss on early extinguishment of debt | — |  | (17.1 | ) |  | — |  | (17.1 | )
Corporate allocations | — |  | (2.2 | ) |  | — |  | (11.0 | )
Net interest expense | (9.4 | ) | (10.1 | ) |  | (16.7 | ) | (23.6 | )
Other expense | (1.2 | ) | (1.0 | ) |  | (2.4 | ) | (2.0 | )
Income from continuing operations before income taxes | $ | 137.2 |  | $ | 98.7 |  |  | $ | 200.4 |  | $ | 172.2 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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