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Business Segment Information
 6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
The Company classifies its businesses into the following four reportable segments based on industry and market focus: Climate Solutions, Residential Solutions, Industrial Technologies and Security Technologies.
Segment operating income is the measure of profit and loss that the Company's chief operating decision maker uses to evaluate the financial performance of the business and as the basis for performance reviews, compensation and resource allocation. For these reasons, the Company believes that Segment operating income represents the most relevant measure of segment profit and loss. The Company may exclude certain charges or gains from Operating income to arrive at a Segment operating income that is a more meaningful measure of profit and loss upon which to base its operating decisions.
A summary of operations by reportable segment for the three and six months ended June 30 was as follows:
 
Three months ended

Six months ended
In millions
2013
 
2012
 
2013
 
2012
Net revenues
 
 
 
 
 
 
 
Climate Solutions
$
2,058.2

 
$
1,967.1

 
$
3,674.6

 
$
3,628.9

Residential Solutions
713.0

 
652.5

 
1,177.0

 
1,074.1

Industrial Technologies
762.9

 
790.3

 
1,443.2

 
1,479.0

Security Technologies
398.6

 
411.4

 
750.3

 
790.0

Total
$
3,932.7

 
$
3,821.3

 
$
7,045.1

 
$
6,972.0

Segment operating income
 
 
 
 
 
 
 
Climate Solutions *
$
271.1

 
$
238.5

 
$
352.2

 
$
332.6

Residential Solutions
79.8

 
51.7

 
86.7

 
41.0

Industrial Technologies
122.4

 
134.4

 
224.6

 
225.9

Security Technologies
86.2

 
82.4

 
145.0

 
152.2

Total
$
559.5

 
$
507.0

 
$
808.5

 
$
751.7

Reconciliation to Operating income
 
 
 
 
 
 
 
Gain (loss) on sale/asset impairment *
—

 
4.2

 
—

 
4.5

Unallocated corporate expense
(76.5
)
 
(33.3
)
 
(132.0
)
 
(66.3
)
Operating income
$
483.0

 
$
477.9

 
$
676.5

 
$
689.9


* During the three and six months ended June 30, 2012, the Company recorded $4.2 million and $4.5 million of purchase price adjustments, respectively, related to the 2011 Hussmann sale. These amounts have been excluded from Segment operating income within the Climate Solutions segment as management excludes these charges from Operating income when making operating decisions about the business.