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Industry Segments (Tables)
3 Months Ended
Mar. 30, 2014
Segment Reporting [Abstract]  
Industry segment disclosures for net sales and operating profit including other segment income
The following table presents Teledyne’s interim industry segment disclosures for net sales and operating profit including other segment income. The table also provides a reconciliation of segment operating profit to total net income attributable to Teledyne (dollars in millions):
 
 
First Quarter
 
%
 
 
2014
 
2013
 
Change
Net sales:
 
 
 
 
 
 
Instrumentation (a)
 
$
258.9

 
$
232.7

 
11.3
 %
Digital Imaging
 
101.9

 
102.4

 
(0.5
)%
Aerospace and Defense Electronics (a)
 
153.3

 
163.1

 
(6.0
)%
Engineered Systems
 
59.4

 
71.2

 
(16.6
)%
Total net sales
 
$
573.5

 
$
569.4

 
0.7
 %
Segment operating profit:
 
 
 
 
 
 
Instrumentation (a)
 
$
37.5

 
$
36.6

 
2.5
 %
Digital Imaging
 
9.7

 
5.2

 
86.5
 %
Aerospace and Defense Electronics (a)
 
23.8

 
20.2

 
17.8
 %
Engineered Systems
 
6.1

 
6.4

 
(4.7
)%
Total segment operating profit
 
77.1

 
68.4

 
12.7
 %
Corporate expense
 
(11.1
)
 
(9.5
)
 
16.8
 %
Other income/(expense), net
 
0.6

 
(0.5
)
 
*
Interest and debt expense, net
 
(4.7
)
 
(5.4
)
 
(13.0
)%
Income before income taxes
 
61.9

 
53.0

 
16.8
 %
Provision for income taxes
 
15.9

 
13.2

 
20.5
 %
Net income
 
46.0

 
39.8

 
15.6
 %
Noncontrolling interest
 
(0.2
)
 
0.6

 
*
Net income attributable to Teledyne
 
$
45.8

 
$
40.4

 
13.4
 %
*     not meaningful
a)
Our previously reported 2013 segment data has been restated to reflect a revised segment reporting structure adopted in the second quarter of 2013. The change only impacted the Instrumentation and Aerospace and Defense Electronics segments.
Summary of the sales by product line
The following tables provide a summary of the sales by product line for the Instrumentation segment and the Engineered Systems segment (in millions):
 
First Quarter
Instrumentation
2014
 
2013
Environmental Instrumentation
$
61.3

 
$
60.1

Marine Instrumentation
150.6

 
127.1

Test and Measurement Instrumentation
47.0

 
45.5

Total
$
258.9

 
$
232.7

 
 
 
 
 
First Quarter
Engineered Systems
2014
 
2013
Engineered Products and Services
$
47.6

 
$
58.6

Turbine Engines
6.1

 
6.0

Energy Systems
5.7

 
6.6

Total
$
59.4

 
$
71.2