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Business Segments (Tables)
 9 Months Ended
Sep. 30, 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
September 30,
 
Nine Months Ended
September 30,
(in millions)
 
2013
 
2012
 
2013
 
2012
Net sales:
 
 

 
 

 
 

 
 

Crane
 
$
612.6

 
$
555.1

 
$
1,816.9

 
$
1,673.6

Foodservice
 
401.9

 
392.4

 
1,142.2

 
1,123.0

Total net sales
 
$
1,014.5

 
$
947.5

 
$
2,959.1

 
$
2,796.6

Earnings (loss) from continuing operations:
 
 

 
 

 
 

 
 

Crane
 
$
55.7

 
$
26.5

 
$
152.0

 
$
99.7

Foodservice
 
69.5

 
71.6

 
181.6

 
188.8

Corporate expense
 
(16.1
)
 
(16.7
)
 
(51.1
)
 
(49.1
)
Amortization expense
 
(8.7
)
 
(9.3
)
 
(26.8
)
 
(27.9
)
Restructuring expense
 
(0.4
)
 
(0.7
)
 
(1.6
)
 
(1.6
)
Other
 
(0.2
)
 
(1.9
)
 
(0.5
)
 
(2.0
)
Earnings from continuing operations
 
$
99.8

 
$
69.5

 
$
253.6

 
$
207.9

Other income (expenses):
 
 
 
 
 
 
 
 
Interest expense
 
$
(32.0
)
 
$
(34.4
)
 
$
(97.9
)
 
$
(101.2
)
Amortization of deferred financing fees
 
(1.8
)
 
(2.0
)
 
(5.3
)
 
(6.1
)
Loss on debt extinguishment
 
—

 
—

 
(0.4
)
 
—

Other income (expense)-net
 
0.9

 
(0.2
)
 
1.1

 
—

Earnings from continuing operations before taxes on earnings
 
$
66.9

 
$
32.9

 
$
151.1

 
$
100.6
Reconciliation of Assets from Segment to Consolidated
As of September 30, 2013 and December 31, 2012, the total assets by segment were as follows:
(in millions)
 
September 30, 2013
 
December 31, 2012
Crane
 
$
2,018.2

 
$
1,903.3

Foodservice
 
1,916.2

 
1,956.8

Corporate
 
232.7

 
197.2

Total
 
$
4,167.1

 
$
4,057.3