v3.8.0.1

Segment Information | 12 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | NOTE 17. SEGMENT INFORMATION We report our results in two separate business segments consisting of Professional Instrumentation and Industrial Technologies. When determining the reportable segments, we aggregated operating segments based on their similar economic and operating characteristics. Operating profit represents total revenues less operating expenses, excluding other income/expense, interest and income taxes. The identifiable assets by segment are those used in each segment’s operations. Inter-segment amounts are not significant and are eliminated to arrive at combined totals. Operating profit amounts in the Other category consist of unallocated corporate costs and other costs not considered part of our evaluation of reportable segment operating performance. Segment results are shown below ($ in millions):
| For The Year Ended December 31
| 2017 |  | 2016 |  | 2015
Sales: |  |  |  |  |
Professional Instrumentation | $ | 3,139.1 |  |  | $ | 2,891.6 |  |  | $ | 2,974.2 |
Industrial Technologies | 3,516.9 |  |  | 3,332.7 |  |  | 3,204.6 |
Total | $ | 6,656.0 |  |  | $ | 6,224.3 |  |  | $ | 6,178.8 |
Operating Profit: |  |  |  |  |
Professional Instrumentation | $ | 709.7 |  |  | $ | 642.3 |  |  | $ | 694.8 |
Industrial Technologies | 718.7 |  |  | 667.4 |  |  | 617.2 |
Other | (73.5 | ) |  | (63.7 | ) |  | (42.3 | )
Total | $ | 1,354.9 |  |  | $ | 1,246.0 |  |  | $ | 1,269.7 |
Identifiable assets: |  |  |  |  |
Professional Instrumentation | $ | 5,588.1 |  |  | $ | 3,905.2 |  |  | $ | 3,894.0 |
Industrial Technologies | 3,773.7 |  |  | 3,294.8 |  |  | 3,316.6 |
Other | 1,138.8 |  |  | 989.8 |  |  | — |
Total | $ | 10,500.6 |  |  | $ | 8,189.8 |  |  | $ | 7,210.6 |
Depreciation and amortization: |  |  |  |  |
Professional Instrumentation | $ | 82.0 |  |  | $ | 99.4 |  |  | $ | 103.5 |
Industrial Technologies | 86.1 |  |  | 75.7 |  |  | 73.4 |
Other | 6.0 |  |  | 1.3 |  |  | — |
Total | $ | 174.1 |  |  | $ | 176.4 |  |  | $ | 176.9 |
Capital expenditures, gross: |  |  |  |  |
Professional Instrumentation | $ | 37.0 |  |  | $ | 36.2 |  |  | $ | 34.6 |
Industrial Technologies | 96.8 |  |  | 84.4 |  |  | 85.5 |
Other | 2.3 |  |  | 9.0 |  |  | — |
Total | $ | 136.1 |  |  | $ | 129.6 |  |  | $ | 120.1 |
Operations in Geographical Areas:
| For The Year Ended December 31
($ in millions) | 2017 |  | 2016 |  | 2015
Sales: |  |  |  |  |
United States | $ | 3,636.1 |  |  | $ | 3,471.2 |  |  | $ | 3,415.8 |
China | 612.1 |  |  | 536.0 |  |  | 501.4 |
Germany | 307.7 |  |  | 268.1 |  |  | 268.2 |
All other (each country individually less than 5% of total sales) | 2,100.1 |  |  | 1,949.0 |  |  | 1,993.4 |
Total | $ | 6,656.0 |  |  | $ | 6,224.3 |  |  | $ | 6,178.8 |
Long-lived assets: |  |  |  |  |
United States | $ | 5,931.2 |  |  | $ | 4,480.7 |  |  | $ | 4,333.9 |
United Kingdom | 405.8 |  |  | 353.4 |  |  | 359.2 |
Germany | 295.9 |  |  | 262.7 |  |  | 349.1 |
All other (each country individually less than 5% of total long-lived assets) | 930.9 |  |  | 604.3 |  |  | 574.3 |
Total | $ | 7,563.8 |  |  | $ | 5,701.1 |  |  | $ | 5,616.5 |
Sales by Major Product Group:
| For The Year Ended December 31
($ in millions) | 2017 |  | 2016 |  | 2015
Professional tools and equipment | $ | 4,352.5 |  |  | $ | 4,005.9 |  |  | $ | 3,959.7 |
Industrial automation, controls and sensors | 1,207.7 |  |  | 1,138.2 |  |  | 1,170.5 |
Franchise distribution | 626.2 |  |  | 618.1 |  |  | 590.4 |
All other | 469.6 |  |  | 462.1 |  |  | 458.2 |
Total | $ | 6,656.0 |  |  | $ | 6,224.3 |  |  | $ | 6,178.8 |

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: 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 14: 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 + Details
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