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Business Segments (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, |  | Six Months Ended June 30,
(in millions) |  | 2015 |  | 2014 |  | 2015 |  | 2014
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Crane |  | $ | 477.7 |  |  | $ | 606.1 |  |  | $ | 884.4 |  |  | $ | 1,072.8 |
Foodservice |  | 407.7 |  |  | 406.7 |  |  | 753.1 |  |  | 790.0 |
Total net sales |  | $ | 885.4 |  |  | $ | 1,012.8 |  |  | $ | 1,637.5 |  |  | $ | 1,862.8 |
Earnings (loss) from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
Crane |  | $ | 26.2 |  |  | $ | 54.4 |  |  | $ | 35.9 |  |  | $ | 77.0 |
Foodservice |  | 63.6 |  |  | 65.9 |  |  | 96.6 |  |  | 123.8 |
Corporate expense |  | (12.0 | ) |  | (15.0 | ) |  | (30.8 | ) |  | (31.1 | )
Amortization expense |  | (8.6 | ) |  | (8.8 | ) |  | (17.2 | ) |  | (17.6 | )
Separation expense |  | (8.3 | ) |  | — |  |  | (9.8 | ) |  | — |
Restructuring expense |  | (0.1 | ) |  | (1.0 | ) |  | (1.2 | ) |  | (3.0 | )
Other |  | (0.4 | ) |  | (0.1 | ) |  | (0.4 | ) |  | (0.1 | )
Earnings from continuing operations |  | $ | 60.4 |  |  | $ | 95.4 |  |  | $ | 73.1 |  |  | $ | 149.0 |
Other income (expenses): |  |  |  |  |  |  |  |
Interest expense |  | $ | (24.4 | ) |  | $ | (25.1 | ) |  | $ | (48.0 | ) |  | $ | (44.4 | )
Amortization of deferred financing fees |  | (1.0 | ) |  | (1.1 | ) |  | (2.1 | ) |  | (2.3 | )
Loss on debt extinguishment |  | — |  |  | — |  |  | — |  |  | (25.3 | )
Other income (expense) - net |  | 2.9 |  |  | (3.1 | ) |  | 5.4 |  |  | (2.3 | )
Earnings from continuing operations before taxes on earnings |  | $ | 37.9 |  |  | $ | 66.1 |  |  | $ | 28.4 |  |  | $ | 74.7 |
Reconciliation of Assets from Segment to Consolidated | As of June 30, 2015 and December 31, 2014, the total assets by segment were as follows:
(in millions) |  | June 30, 2015 |  | December 31, 2014
Crane |  | $ | 1,775.1 |  |  | $ | 1,742.3 |
Foodservice |  | 1,933.6 |  |  | 1,902.0 |
Corporate |  | 136.8 |  |  | 172.3 |
Total |  | $ | 3,845.5 |  |  | $ | 3,816.6 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 + Details
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