Business segment information was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (In millions) | 2021 | | 2020 | | 2021 | | 2020 | | Revenue | | | | | | | | | JBT FoodTech | $ | 359.1 | | | $ | 301.0 | | | $ | 1,031.6 | | | $ | 913.5 | | | JBT AeroTech | 118.3 | | | 118.2 | | | 339.1 | | | 374.9 | | | Total revenue | 477.4 | | | 419.2 | | | 1,370.7 | | | 1,288.4 | | | | | | | | | | | Income before income taxes | | | | | | | | | Segment operating profit: | | | | | | | | | JBT FoodTech | 48.9 | | | 37.9 | | | 141.9 | | | 127.6 | | | JBT AeroTech | 7.0 | | | 11.4 | | | 29.0 | | | 40.2 | | | Total segment operating profit | 55.9 | | | 49.3 | | | 170.9 | | | 167.8 | | | Corporate items: | | | | | | | | Corporate expense (1) | 14.3 | | | 13.9 | | | 42.2 | | | 37.0 | | Restructuring expense (2) | 1.1 | | | 7.1 | | | 3.1 | | | 11.2 | | | Operating income | 40.5 | | | 28.3 | | | 125.6 | | | 119.6 | | | | | | | | | | | Pension expense, other than service cost | 0.1 | | | 1.1 | | | 0.1 | | | 3.1 | | | Interest expense, net | 2.1 | | | 2.9 | | | 6.3 | | | 11.2 | | | Income from continuing operations before income taxes | $ | 38.3 | | | $ | 24.3 | | | $ | 119.2 | | | $ | 105.3 | |
(1)Corporate expense generally includes corporate staff-related expense, stock-based compensation, LIFO adjustments, certain foreign currency-related gains and losses, and the impact of unusual or strategic events not representative of segment operations.
(2)Refer to Note 15. Restructuring for further information on restructuring charges.
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