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Business Segments (Tables)
 9 Months Ended
Sep. 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
September 30,
 
Nine Months Ended
September 30,
(in millions)
 
2015
 
2014
 
2015
 
2014
Net sales:
 
 

 
 

 
 

 
 

Crane
 
$
438.2

 
$
569.2

 
$
1,322.6

 
$
1,642.0

Foodservice
 
425.3

 
417.1

 
1,178.4

 
1,207.1

Total net sales
 
$
863.5

 
$
986.3

 
$
2,501.0

 
$
2,849.1

Earnings (loss) from continuing operations:
 
 

 
 

 
 

 
 

Crane
 
$
4.3

 
$
41.6

 
$
40.2

 
$
118.6

Foodservice
 
70.4

 
61.9

 
167.0

 
185.7

Corporate expense
 
(13.4
)
 
(11.7
)
 
(44.2
)
 
(42.8
)
Amortization expense
 
(8.6
)
 
(8.8
)
 
(25.8
)
 
(26.4
)
Separation expense
 
(10.0
)
 
—

 
(19.8
)
 
—

Restructuring expense
 
(0.4
)
 
(1.7
)
 
(1.6
)
 
(4.7
)
Other
 
(0.1
)
 
—

 
(0.5
)
 
(0.1
)
Earnings from continuing operations
 
$
42.2

 
$
81.3

 
$
115.3

 
$
230.3

Other income (expenses):
 
 
 
 
 
 
 
 
Interest expense
 
$
(24.3
)
 
$
(24.7
)
 
$
(72.3
)
 
$
(69.1
)
Amortization of deferred financing fees
 
(1.1
)
 
(1.0
)
 
(3.2
)
 
(3.3
)
Loss on debt extinguishment
 
—

 
—

 
—

 
(25.3
)
Other income (expense) - net
 
(1.0
)
 
0.7

 
4.4

 
(1.6
)
Earnings from continuing operations before taxes on earnings
 
$
15.8

 
$
56.3

 
$
44.2

 
$
131.0
Reconciliation of Assets from Segment to Consolidated
As of September 30, 2015 and December 31, 2014, the total assets by segment were as follows:
(in millions)
 
September 30, 2015
 
December 31, 2014
Crane
 
$
1,758.4

 
$
1,742.3

Foodservice
 
1,951.7

 
1,902.0

Corporate
 
94.7

 
172.3

Total
 
$
3,804.8

 
$
3,816.6