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v3.20.4

Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Schedule of Revenue by Reporting Segments |
| Revenue |  | Operating Income |  | Operating Margin
| 2020 |  | 2019 |  | 2018 |  | 2020 |  | 2019 |  | 2018 |  | 2020 |  | 2019 |  | 2018
Motion Technologies | $ | 1,121.1 |  |  | $ | 1,241.8 |  |  | $ | 1,274.1 |  |  | $ | 184.0 |  |  | $ | 216.1 |  |  | $ | 223.4 |  |  | 16.4 | % |  | 17.4 | % |  | 17.5 | %
Industrial Process | 843.0 |  |  | 943.8 |  |  | 827.1 |  |  | 77.6 |  |  | 104.7 |  |  | 91.4 |  |  | 9.2 | % |  | 11.1 | % |  | 11.1 | %
Connect & Control Technologies | 516.5 |  |  | 663.9 |  |  | 646.6 |  |  | 57.0 |  |  | 111.5 |  |  | 96.5 |  |  | 11.0 | % |  | 16.8 | % |  | 14.9 | %
Total segment results | 2,480.6 |  |  | 2,849.5 |  |  | 2,747.8 |  |  | 318.6 |  |  | 432.3 |  |  | 411.3 |  |  | 12.9 | % |  | 15.2 | % |  | 15.0 | %
Asbestos-related (costs) benefit, net | — |  |  | — |  |  | — |  |  | (66.3) |  |  | 20.2 |  |  | (4.9) |  |  | — |  |  | — |  |  | — |
Gain (loss) on sale or disposal of long-lived corporate assets | — |  |  | — |  |  | — |  |  | 0.7 |  |  | (0.2) |  |  | 38.5 |  |  | — |  |  | — |  |  | — |
Eliminations / Other corporate costs | (2.8) |  |  | (3.1) |  |  | (2.7) |  |  | (26.5) |  |  | (40.9) |  |  | (47.6) |  |  | — |  |  | — |  |  | — |
Total Eliminations / Corporate and Other costs | (2.8) |  |  | (3.1) |  |  | (2.7) |  |  | (92.1) |  |  | (20.9) |  |  | (14.0) |  |  | — |  |  | — |  |  | — |
Total | $ | 2,477.8 |  |  | $ | 2,846.4 |  |  | $ | 2,745.1 |  |  | $ | 226.5 |  |  | $ | 411.4 |  |  | $ | 397.3 |  |  | 9.1 | % |  | 14.5 | % |  | 14.5 | %
Schedule of Segment Reporting Information |
| Assets |  | Capital Expenditures |  | Depreciation and Amortization
| 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2018 |  | 2020 |  | 2019 |  | 2018
Motion Technologies | $ | 1,202.3 |  |  | $ | 1,178.2 |  |  | $ | 43.8 |  |  | $ | 57.7 |  |  | $ | 75.0 |  |  | $ | 60.0 |  |  | $ | 58.6 |  |  | $ | 57.2 |
Industrial Process | 1,069.6 |  |  | 1,137.8 |  |  | 8.3 |  |  | 11.2 |  |  | 7.8 |  |  | 23.7 |  |  | 26.3 |  |  | 26.9 |
Connect & Control Technologies | 720.5 |  |  | 755.6 |  |  | 10.6 |  |  | 19.4 |  |  | 10.8 |  |  | 23.1 |  |  | 21.8 |  |  | 21.2 |
Corporate and Other | 1,285.2 |  |  | 1,036.1 |  |  | 1.0 |  |  | 3.1 |  |  | 1.9 |  |  | 5.4 |  |  | 6.7 |  |  | 4.1 |
Total | $ | 4,277.6 |  |  | $ | 4,107.7 |  |  | $ | 63.7 |  |  | $ | 91.4 |  |  | $ | 95.5 |  |  | $ | 112.2 |  |  | $ | 113.4 |  |  | $ | 109.4 |
Business Segment Information by Geographical Information | The following table displays consolidated revenue by geographic region for the years ended December 31, 2020, 2019, and 2018. Revenue is attributed to individual regions based upon the destination of the product or service delivery.
For the Year Ended December 31, 2020 | Motion Technologies |  | Industrial Process |  | Connect & Control Technologies |  | Eliminations |  | Total
North America(a) | $ | 187.3 |  |  | $ | 479.0 |  |  | $ | 319.3 |  |  | $ | (2.6) |  |  | $ | 983.0 |
Europe(b) | 676.4 |  |  | 95.5 |  |  | 97.4 |  |  | — |  |  | 869.3 |
Asia | 243.8 |  |  | 93.1 |  |  | 77.0 |  |  | (0.2) |  |  | 413.7 |
Middle East and Africa | 1.5 |  |  | 92.0 |  |  | 18.8 |  |  | — |  |  | 112.3 |
South America | 12.1 |  |  | 83.4 |  |  | 4.0 |  |  | — |  |  | 99.5 |
Total | $ | 1,121.1 |  |  | $ | 843.0 |  |  | $ | 516.5 |  |  | $ | (2.8) |  |  | $ | 2,477.8 |
For the Year Ended December 31, 2019 |  |  |  |  |  |  |  |  |
North America(a) | $ | 204.4 |  |  | $ | 558.7 |  |  | $ | 431.9 |  |  | $ | (2.9) |  |  | $ | 1,192.1 |
Europe(b) | 780.5 |  |  | 89.7 |  |  | 125.9 |  |  | — |  |  | 996.1 |
Asia | 241.7 |  |  | 101.9 |  |  | 83.8 |  |  | (0.2) |  |  | 427.2 |
Middle East and Africa | 2.3 |  |  | 114.1 |  |  | 16.3 |  |  | — |  |  | 132.7 |
South America | 12.9 |  |  | 79.4 |  |  | 6.0 |  |  | — |  |  | 98.3 |
Total | $ | 1,241.8 |  |  | $ | 943.8 |  |  | $ | 663.9 |  |  | $ | (3.1) |  |  | $ | 2,846.4 |
For the Year Ended December 31, 2018 |  |  |  |  |  |  |  |  |
North America(a) | $ | 185.3 |  |  | $ | 483.6 |  |  | $ | 404.3 |  |  | $ | (2.4) |  |  | $ | 1,070.8 |
Europe(b) | 807.6 |  |  | 60.3 |  |  | 132.9 |  |  | (0.1) |  |  | 1,000.7 |
Asia | 265.5 |  |  | 81.6 |  |  | 84.5 |  |  | (0.2) |  |  | 431.4 |
Middle East and Africa | 1.3 |  |  | 128.1 |  |  | 17.2 |  |  | — |  |  | 146.6 |
South America | 14.4 |  |  | 73.5 |  |  | 7.7 |  |  | — |  |  | 95.6 |
Total | $ | 1,274.1 |  |  | $ | 827.1 |  |  | $ | 646.6 |  |  | $ | (2.7) |  |  | $ | 2,745.1 |
(a)Includes revenue of $811.0, $989.4, and $887.0, from the United States for 2020, 2019, and 2018, respectively. (b)Includes revenue of $334.9, $391.2, and $412.5, from Germany for 2020, 2019, and 2018, respectively.
Schedule of PP&E by Geographic Region | The following table displays Plant, Property and Equipment, net by geographic region as of December 31, 2020, and 2019.
| 2020 |  | 2019
North America(a) | $ | 174.1 |  |  | $ | 192.2 |
Europe(b) | 263.8 |  |  | 250.0 |
Asia | 83.7 |  |  | 84.6 |
Middle East and Africa | 0.2 |  |  | 0.4 |
South America | 3.3 |  |  | 4.3 |
Total | $ | 525.1 |  |  | $ | 531.5 |
(a)Includes $141.8 and $158.7, in the United States as of December 31, 2020 and 2019, respectively. (b)Includes $108.2 and $95.7, in Italy as of December 31, 2020 and 2019, respectively.

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