Segment Information (Tables)
|
3 Months Ended |
12 Months Ended |
Mar. 31, 2017 |
Dec. 31, 2016 |
| Segment Reporting [Abstract] |
|
|
| Schedule of Segment Reporting Information |
Segment results are shown below ($ in millions):
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
| |
|
March 31,
2017 |
|
|
April 1,
2016 |
|
|
Sales:
|
|
|
|
|
|
|
|
|
|
Professional Instrumentation
|
|
$ |
716.1 |
|
|
$ |
697.4 |
|
|
Industrial Technologies
|
|
|
819.1 |
|
|
|
777.3 |
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
1,535.2 |
|
|
$ |
1,474.7 |
|
|
|
|
|
|
|
|
|
|
|
Operating Profit:
|
|
|
|
|
|
|
|
|
|
Professional Instrumentation
|
|
$ |
158.0 |
|
|
$ |
146.0 |
|
|
Industrial Technologies
|
|
|
152.6 |
|
|
|
130.7 |
|
|
Other
|
|
|
(15.7 |
) |
|
|
(13.7 |
) |
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
294.9 |
|
|
$ |
263.0 |
|
|
|
|
|
|
|
|
|
|
|
Detailed segment data is as follows ($ in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For The Year Ended
December 31 |
|
| |
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Sales:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Professional Instrumentation
|
|
$ |
2,891.6 |
|
|
$ |
2,974.2 |
|
|
$ |
3,121.6 |
|
|
Industrial Technologies
|
|
|
3,332.7 |
|
|
|
3,204.6 |
|
|
|
3,215.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
6,224.3 |
|
|
$ |
6,178.8 |
|
|
$ |
6,337.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Profit:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Professional Instrumentation
|
|
$ |
642.3 |
|
|
$ |
694.8 |
|
|
$ |
691.6 |
|
|
Industrial Technologies
|
|
|
667.4 |
|
|
|
617.2 |
|
|
|
597.0 |
|
|
Other
|
|
|
(63.7 |
) |
|
|
(42.3 |
) |
|
|
(43.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
1,246.0 |
|
|
$ |
1,269.7 |
|
|
$ |
1,245.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Identifiable assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Professional Instrumentation
|
|
$ |
3,905.2 |
|
|
$ |
3,894.0 |
|
|
$ |
4,124.6 |
|
|
Industrial Technologies
|
|
|
3,294.8 |
|
|
|
3,316.6 |
|
|
|
3,231.0 |
|
|
Other
|
|
|
989.8 |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
8,189.8 |
|
|
$ |
7,210.6 |
|
|
$ |
7,355.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Professional Instrumentation
|
|
$ |
99.4 |
|
|
$ |
103.5 |
|
|
$ |
107.4 |
|
|
Industrial Technologies
|
|
|
75.7 |
|
|
|
73.4 |
|
|
|
70.6 |
|
|
Other
|
|
|
1.3 |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
176.4 |
|
|
$ |
176.9 |
|
|
$ |
178.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures, gross:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Professional Instrumentation
|
|
$ |
36.2 |
|
|
$ |
34.6 |
|
|
$ |
30.0 |
|
|
Industrial Technologies
|
|
|
84.4 |
|
|
|
85.5 |
|
|
|
72.6 |
|
|
Other
|
|
|
9.0 |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
129.6 |
|
|
$ |
120.1 |
|
|
$ |
102.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Operations in Geographical Areas |
|
Operations in Geographical Areas:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For The Year Ended
December 31 |
|
| ($ in millions) |
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Sales:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States
|
|
$ |
3,471.2 |
|
|
$ |
3,415.8 |
|
|
$ |
3,289.5 |
|
|
China
|
|
|
536.0 |
|
|
|
501.4 |
|
|
|
498.2 |
|
|
Germany
|
|
|
268.1 |
|
|
|
268.2 |
|
|
|
321.5 |
|
|
All other (each country individually less than 5% of total
sales)
|
|
|
1,949.0 |
|
|
|
1,993.4 |
|
|
|
2,228.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
6,224.3 |
|
|
$ |
6,178.8 |
|
|
$ |
6,337.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-lived assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States
|
|
$ |
4,480.7 |
|
|
$ |
4,333.9 |
|
|
$ |
4,273.3 |
|
|
United Kingdom
|
|
|
353.4 |
|
|
|
359.2 |
|
|
|
432.4 |
|
|
Germany
|
|
|
262.7 |
|
|
|
349.1 |
|
|
|
346.3 |
|
|
All other (each country individually less than 5% of total
long-lived assets)
|
|
|
604.3 |
|
|
|
574.3 |
|
|
|
620.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
5,701.1 |
|
|
$ |
5,616.5 |
|
|
$ |
5,672.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Sales by Major Product Group |
|
Sales by Major Product Group:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For The Year Ended
December 31 |
|
| ($ in millions) |
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Professional tools and equipment
|
|
$ |
4,005.9 |
|
|
$ |
3,959.7 |
|
|
$ |
4,020.8 |
|
|
Industrial automation, controls and sensors
|
|
|
1,138.2 |
|
|
|
1,170.5 |
|
|
|
1,306.1 |
|
|
Franchise distribution
|
|
|
618.1 |
|
|
|
590.4 |
|
|
|
535.0 |
|
|
All other
|
|
|
462.1 |
|
|
|
458.2 |
|
|
|
475.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
6,224.3 |
|
|
$ |
6,178.8 |
|
|
$ |
6,337.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|