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Business Segments (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of financial information relating to the company's reportable segments
Financial information relating to the company’s reportable segments for the years ended December 31, 2015, 2014 and 2013 is as follows: 
(in millions)
 
2015
 
2014
 
2013
Net sales from continuing operations:
 
 

 
 

 
 

Crane
 
$
1,865.7

 
$
2,305.2

 
$
2,506.3

Foodservice
 
1,570.1

 
1,581.3

 
1,541.8

Total
 
$
3,435.8

 
$
3,886.5

 
$
4,048.1

Operating earnings (loss) from continuing operations:
 
 

 
 

 
 

Crane
 
$
64.3

 
$
163.9

 
$
218.8

Foodservice
 
239.7

 
234.0

 
250.3

Corporate
 
(58.4
)
 
(53.4
)
 
(64.9
)
Asset impairment expense
 
(24.4
)
 
(1.1
)
 

Amortization expense
 
(34.4
)
 
(35.1
)
 
(35.3
)
Restructuring expense
 
(14.0
)
 
(9.0
)
 
(4.8
)
Separation expense
 
(39.4
)
 

 

Other (expense) income
 
(0.9
)
 
(0.5
)
 
0.3

Operating earnings from continuing operations
 
$
132.5

 
$
298.8

 
$
364.4

Other income (expense):
 
 
 
 
 
 
Interest expense
 
$
(97.0
)
 
$
(94.0
)
 
$
(128.4
)
Amortization of deferred financing fees
 
(4.2
)
 
(4.4
)
 
(7.0
)
Loss on debt extinguishment
 
(0.2
)
 
(25.5
)
 
(3.0
)
Other income (expense) - net
 
25.5

 
(5.5
)
 
(0.8
)
Earnings from continuing operations before taxes on earnings
 
$
56.6

 
$
169.4

 
$
225.2

 
 
 
 
 
 
 
Capital expenditures:
 
 

 
 

 
 

Crane
 
$
54.1

 
$
57.3

 
$
69.3

Foodservice
 
13.2

 
25.3

 
33.6

Corporate
 
0.8

 
2.2

 
7.8

Total
 
$
68.1

 
$
84.8

 
$
110.7

Total depreciation:
 
 

 
 

 
 

Crane
 
$
49.4

 
$
45.7

 
$
46.9

Foodservice
 
19.6

 
21.2

 
20.1

Corporate
 
0.9

 
1.5

 
1.5

Total
 
$
69.9

 
$
68.4

 
$
68.5

Total assets:
 
 

 
 

 
 

Crane
 
$
1,606.3

 
$
1,742.3

 
$
1,900.4

Foodservice
 
1,792.7

 
1,902.0

 
1,904.3

Corporate
 
49.9

 
172.3

 
171.9

Total
 
$
3,448.9

 
$
3,816.6

 
$
3,976.6

Schedule of net sales from continuing operations and long-lived asset information by geographic area
Net sales from continuing operations and long-lived asset information by geographic area as of and for the years ended December 31 are as follows:
 
 
Net Sales
 
Long-Lived Assets
(in millions)
 
2015
 
2014
 
2013
 
2015
 
2014
United States
 
$
1,851.2

 
$
1,977.4

 
$
1,978.0

 
$
1,768.0

 
$
1,880.8

Other North America
 
179.1

 
238.3

 
292.1

 
12.4

 
12.4

Europe
 
626.5

 
821.2

 
937.6

 
423.6

 
478.9

Asia
 
324.5

 
377.6

 
364.5

 
172.9

 
189.7

Middle East
 
221.1

 
223.2

 
174.2

 
1.5

 
1.5

Central and South America
 
75.9

 
106.9

 
166.9

 
11.8

 
30.0

Africa
 
82.4

 
56.7

 
30.0

 

 

South Pacific and Caribbean
 
8.6

 
13.3

 
12.6

 
3.8

 
4.0

Australia
 
66.5

 
71.9

 
92.2

 
2.9

 
3.0

Total
 
$
3,435.8

 
$
3,886.5

 
$
4,048.1

 
$
2,396.9

 
$
2,600.3