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Business Segments (Tables)
3 Months Ended
Mar. 31, 2015
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)
 
2015
 
2014
Net sales:
 
 

 
 

Crane
 
$
406.7

 
$
466.7

Foodservice
 
345.4

 
383.3

Total net sales
 
$
752.1

 
$
850.0

Earnings (loss) from continuing operations:
 
 

 
 

Crane
 
$
9.7

 
$
22.6

Foodservice
 
33.0

 
57.9

Corporate expense
 
(18.8
)
 
(16.1
)
Amortization expense
 
(8.6
)
 
(8.8
)
Separation expense
 
(1.5
)
 

Restructuring expense
 
(1.1
)
 
(2.0
)
Earnings from continuing operations
 
$
12.7

 
$
53.6

Other income (expenses):
 
 
 
 
Interest expense
 
$
(23.6
)
 
$
(19.3
)
Amortization of deferred financing fees
 
(1.1
)
 
(1.2
)
Loss on debt extinguishment
 

 
(25.3
)
Other income - net
 
2.5

 
0.8

(Loss) earnings from continuing operations before taxes on earnings
 
$
(9.5
)
 
$
8.6

Reconciliation of Assets from Segment to Consolidated
As of March 31, 2015 and December 31, 2014, the total assets by segment were as follows:
(in millions)
 
March 31, 2015
 
December 31, 2014
Crane
 
$
1,730.5

 
$
1,742.3

Foodservice
 
1,921.2

 
1,902.0

Corporate
 
165.2

 
172.3

Total
 
$
3,816.9

 
$
3,816.6