XML 79 R36.htm IDEA: XBRL DOCUMENT v3.19.3
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment wise financial performance
The primary measurement used by management to measure the financial performance of each segment is earnings before interest and taxes ("EBIT").
 
Three Months Ended
September 30,
Nine Months Ended
September 30,
 
2019
2018
2019
2018
Net sales:
 
 
 
 
Mobile Industries
$
455.1

$
464.2

$
1,448.8

$
1,441.8

Process Industries
458.9

417.1

1,444.9

1,228.9

Net sales
$
914.0

$
881.3

$
2,893.7

$
2,670.7

Segment EBIT:
 
 
 
 
Mobile Industries
$
52.0

$
50.6

$
172.5

$
156.2

Process Industries
95.6

81.8

304.8

254.0

Total EBIT, for reportable segments
$
147.6

$
132.4

$
477.3

$
410.2

Corporate expenses
(11.4
)
(17.9
)
(41.1
)
(47.2
)
Corporate pension and other postretirement
   benefit related charges
(16.9
)
(5.3
)
(16.9
)
(3.1
)
Interest expense
(18.2
)
(12.5
)
(55.5
)
(33.2
)
Interest income
1.1

0.6

3.5

1.5

Income before income taxes
$
102.2

$
97.3

$
367.3

$
328.2