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Business Segments (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Net sales and earnings from operations by segment are summarized as follows:
 
 
Three months ended March 31,
(in millions)
 
2013
 
2012
Net sales:
 
 

 
 

Crane
 
$
547.4

 
$
507.9

Foodservice
 
350.6

 
344.0

Total net sales
 
$
898.0

 
$
851.9

Earnings (loss) from continuing operations:
 
 

 
 

Crane
 
$
31.3

 
$
21.4

Foodservice
 
49.1

 
51.0

Corporate expense
 
(18.5
)
 
(16.0
)
Amortization expense
 
(9.1
)
 
(9.3
)
Restructuring expense
 
(0.3
)
 
(0.7
)
Other
 
(0.3
)
 

Earnings from continuing operations
 
$
52.2

 
$
46.4

Other income (expenses):
 
 
 
 
Interest expense
 
$
(33.3
)
 
$
(33.0
)
Amortization of deferred financing fees
 
(1.8
)
 
(2.0
)
Loss on debt extinguishment
 
(0.4
)
 

Other income (expense)-net
 
1.6

 
(1.8
)
Earnings from continuing operations before taxes on earnings
 
$
18.3

 
$
9.6

Reconciliation of Assets from Segment to Consolidated
As of March 31, 2013 and December 31, 2012, the total assets by segment were as follows:
(in millions)
 
March 31, 2013
 
December 31, 2012
Crane
 
$
1,973.3

 
$
1,903.3

Foodservice
 
1,944.9

 
1,956.8

Corporate
 
204.2

 
197.2

Total
 
$
4,122.4

 
$
4,057.3