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Business Segments (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segment Revenue and Segment Operating Profit



(In millions)	2015				2014				2013
Revenue
JBT FoodTech	$	725.1			$	634.7			$	611.1
JBT AeroTech	383.1				350.2				323.6
Intercompany eliminations	(0.9		)		(0.7		)		(0.5		)
Total revenue	$	1,107.3			$	984.2			$	934.2

Income before income taxes
Segment operating profit:
JBT FoodTech	$	85.4			$	72.7			$	64.5
JBT AeroTech	38.2				30.0				26.8
Total segment operating profit	123.6				102.7				91.3
Corporate items:
Corporate expense⁽¹⁾	(34.6		)		(37.5		)		(36.5		)
Restructuring expense	—				(14.5		)		(1.6		)
Net interest expense	(6.8		)		(6.0		)		(5.4		)
Total corporate items	(41.4		)		(58.0		)		(43.5		)
Income from continuing operations before income taxes	82.2				44.7				47.8
Provision for income taxes	26.2				13.9				13.8
Income from continuing operations	56.0				30.8				34.0
Loss from discontinued operations, net of income taxes	(0.1		)		—				(0.9		)
Net income	$	55.9			$	30.8			$	33.1


(1)	Corporate expense generally includes corporate staff costs, stock-based compensation, pension and other post-retirement benefits expenses not related to service, LIFO adjustments, and the impact of unusual or strategic transactions not representative of segment operations.

Schedule of Segment Operating Capital Employed and Segment Assets



(In millions)	2015				2014				2013
Segment operating capital employed ⁽¹⁾:
JBT FoodTech	$	414.7			$	298.1			$	204.5
JBT AeroTech	114.1				114.0				138.1
Total segment operating capital employed	528.8				412.1				342.6
Segment liabilities included in total segment operating capital employed ⁽²⁾	322.6				248.6				243.2
Corporate ⁽³⁾	24.7				37.1				35.4
Total assets	$	876.1			$	697.8			$	621.2

Segment assets:
JBT FoodTech	$	663.1			$	478.1			$	392.4
JBT AeroTech	188.9				183.8				194.0
Intercompany eliminations	(0.6		)		(1.2		)		(0.6		)
Total segment assets	851.4				660.7				585.8
Corporate ⁽³⁾	24.7				37.1				35.4
Total assets	$	876.1			$	697.8			$	621.2


(1)	Management views segment operating capital employed, which consists of segment assets, net of its liabilities, as the primary measure of segment capital. Segment operating capital employed excludes debt, pension liabilities, restructuring reserves, income taxes and LIFO inventory reserves.


(2)	Segment liabilities included in total segment operating capital employed consist of trade and other accounts payable, advance and progress payments, accrued payroll and other liabilities.


(3)	Corporate includes cash, LIFO inventory reserves, income tax balances, investments, and property, plant and equipment not associated with a specific segment.

Schedule of Geographic Segment Sales



(In millions)	2015				2014				2013
Revenue (by location of customers):
United States	$	600.9			$	512.5			$	460.9
All other countries	506.4				471.7				473.2
Total revenue	$	1,107.3			$	984.2			$	934.2

Schedule of Geographic Segment Long-lived Assets



(In millions)	2015				2014				2013
Long-lived assets:
United States	$	132.7			$	99.0			$	79.4
Brazil	9.5				12.5				14.0
All other countries	49.1				41.3				45.8
Total long-lived assets	$	191.3			$	152.8			$	139.2

Schedule of Other Business Segment Information



	Capital Expenditures												Depreciation and Amortization												Research and Development Expense
(In millions)	2015				2014				2013				2015				2014				2013				2015				2014				2013
JBT FoodTech	$	31.9			$	32.8			$	27.7			$	25.5			$	22.2			$	22.0			$	13.5			$	12.1			$	11.2
JBT AeroTech	3.5				2.5				1.0				2.0				1.8				1.8				4.7				2.5				2.8
Corporate	2.3				1.4				0.5				2.1				1.3				1.2				—				—				—
Total	$	37.7			$	36.7			$	29.2			$	29.6			$	25.3			$	25.0			$	18.2			$	14.6			$	14.0