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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Schedule of Revenue by Reporting Segments | The following table presents our revenue, operating income, and operating margin for each segment.
| Revenue |  | Operating Income |  | Operating Margin
For the Year Ended | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
Motion Technologies | $ | 1,368.6 |  |  | $ | 1,121.1 |  |  | $ | 1,241.8 |  |  | $ | 258.2 |  |  | $ | 184.0 |  |  | $ | 216.1 |  |  | 18.9 | % |  | 16.4 | % |  | 17.4 | %
Industrial Process | 843.2 |  |  | 843.0 |  |  | 943.8 |  |  | 126.8 |  |  | 77.6 |  |  | 104.7 |  |  | 15.0 | % |  | 9.2 | % |  | 11.1 | %
Connect & Control Technologies | 554.7 |  |  | 516.5 |  |  | 663.9 |  |  | 81.7 |  |  | 57.0 |  |  | 111.5 |  |  | 14.7 | % |  | 11.0 | % |  | 16.8 | %
Eliminations | (1.5) |  |  | (2.8) |  |  | (3.1) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  | 0 | — |
Total segment results | 2,765.0 |  |  | 2,477.8 |  |  | 2,846.4 |  |  | 466.7 |  |  | 318.6 |  |  | 432.3 |  |  | 16.9 | % |  | 12.9 | % |  | 15.2 | %
Asbestos-related benefit (costs), net(a) | — |  |  | — |  |  | — |  |  | 74.4 |  |  | (66.3) |  |  | 20.2 |  |  | — |  |  | — |  |  | — |
Other corporate costs | — |  |  | — |  |  | — |  |  | (36.8) |  |  | (25.8) |  |  | (41.1) |  |  | — |  |  | — |  |  | — |
Total Corporate and other benefit (costs) | — |  |  | — |  |  | — |  |  | 37.6 |  |  | (92.1) |  |  | (20.9) |  |  | — |  |  | — |  |  | — |
Total | $ | 2,765.0 |  |  | $ | 2,477.8 |  |  | $ | 2,846.4 |  |  | $ | 504.3 |  |  | $ | 226.5 |  |  | $ | 411.4 |  |  | 18.2 | % |  | 9.1 | % |  | 14.5 | %
(a)The 2021 period includes a pre-tax gain of $88.8 resulting from the InTelCo Management LLC (InTelCo) divestiture transaction. The 2020 period includes the impact of extending the net asbestos measurement over the full time period we expected claims to be filed against InTelCo. See Note 20, Commitments and Contingencies, for further information.
Schedule of Segment Reporting Information | The following table presents our assets as of December 31, 2021 and 2020, as well as our capital expenditures and depreciation and amortization expense for the years ended December 31, 2021, 2020, and 2019, by segment.
| Assets |  | Capital Expenditures |  | Depreciation and Amortization
| 2021 |  | 2020 |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
Motion Technologies | $ | 1,272.8 |  |  | $ | 1,202.3 |  |  | $ | 71.1 |  |  | $ | 43.8 |  |  | $ | 57.7 |  |  | $ | 64.1 |  |  | $ | 60.0 |  |  | $ | 58.6 |
Industrial Process | 1,030.0 |  |  | 1,069.6 |  |  | 6.7 |  |  | 8.3 |  |  | 11.2 |  |  | 22.3 |  |  | 23.7 |  |  | 26.3 |
Connect & Control Technologies | 719.3 |  |  | 720.5 |  |  | 8.5 |  |  | 10.6 |  |  | 19.4 |  |  | 21.8 |  |  | 23.1 |  |  | 21.8 |
Corporate and Other(a) | 543.3 |  |  | 1,285.2 |  |  | 2.1 |  |  | 1.0 |  |  | 3.1 |  |  | 4.9 |  |  | 5.4 |  |  | 6.7 |
Total | $ | 3,565.4 |  |  | $ | 4,277.6 |  |  | $ | 88.4 |  |  | $ | 63.7 |  |  | $ | 91.4 |  |  | $ | 113.1 |  |  | $ | 112.2 |  |  | $ | 113.4 |
(a)The decrease in Corporate total assets during 2021 is due to the InTelCo divestiture transaction. See Note 20, Commitments and Contingencies, for further information.
Business Segment Information by Geographical Information | The following table displays consolidated revenue by geographic region. Revenue is attributed to individual regions based on the destination of the product or service delivery.
For the Year Ended December 31, 2021 | Motion Technologies |  | Industrial Process |  | Connect & Control Technologies |  | Eliminations |  | Total
North America(a) | $ | 249.9 |  |  | $ | 470.1 |  |  | $ | 331.4 |  |  | $ | (1.5) |  |  | $ | 1,049.9 |
Europe(b) | 798.8 |  |  | 96.0 |  |  | 115.5 |  |  | — |  |  | 1,010.3 |
Asia(c) | 307.8 |  |  | 99.8 |  |  | 84.0 |  |  | — |  |  | 491.6 |
Middle East and Africa | 1.0 |  |  | 97.7 |  |  | 18.1 |  |  | — |  |  | 116.8 |
South America | 11.1 |  |  | 79.6 |  |  | 5.7 |  |  | — |  |  | 96.4 |
Total | $ | 1,368.6 |  |  | $ | 843.2 |  |  | $ | 554.7 |  |  | $ | (1.5) |  |  | $ | 2,765.0 |
For the Year Ended December 31, 2020 |  |  |  |  |  |  |  |  |
North America(a) | $ | 187.3 |  |  | $ | 479.0 |  |  | $ | 319.3 |  |  | $ | (2.6) |  |  | $ | 983.0 |
Europe(b) | 676.4 |  |  | 95.5 |  |  | 97.4 |  |  | — |  |  | 869.3 |
Asia(c) | 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(c) | 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 |
(a)Includes revenue of $842.9, $811.0, and $989.4 from the United States for 2021, 2020, and 2019, respectively. (b)Includes revenue of $418.3, $334.9, and $391.2 from Germany for 2021, 2020, and 2019, respectively. (c)Includes revenue of $306.5, $232.9, and $227.6 from China for 2021, 2020, and 2019, respectively.
Schedule of PP&E by Geographic Region | The following table displays Plant, Property and Equipment (PPE), net by geographic region.
As of December 31 | 2021 |  | 2020
North America(a) | $ | 160.6 |  |  | $ | 174.1 |
Europe(b) | 263.8 |  |  | 263.8 |
Asia(c) | 81.1 |  |  | 83.7 |
Middle East and Africa | 0.6 |  |  | 0.2 |
South America | 3.0 |  |  | 3.3 |
Total | $ | 509.1 |  |  | $ | 525.1 |
(a)Includes PPE, net of $130.3 and $141.8 in the United States as of December 31, 2021 and 2020, respectively. (b)Includes PPE, net of $115.7 and $108.2 in Italy as of December 31, 2021 and 2020, respectively. (c)Includes PPE, net of $52.5 and $51.7 in China as of December 31, 2021 and 2020, respectively.

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