Segment Results (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting Information [Line Items]

Schedule Of Financial Information By Reportable Segment

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2018			2017			2018			2017
Net sales
Fluid Handling	$	276.9		$	263.8		$	543.5		$	503.4
Payment & Merchandising Technologies	324.3			198.2			616.7			393.7
Aerospace & Electronics	187.2			171.1			357.5			334.5
Engineered Materials	62.6			69.4			132.3			144.3
Total	$	851.0		$	702.5		$	1,650.0		$	1,375.9
Operating profit (loss)
Fluid Handling	$	29.5		$	29.1		$	57.6		$	53.5
Payment & Merchandising Technologies	46.1			41.9			82.6			80.3
Aerospace & Electronics	43.3			37.6			77.5			69.4
Engineered Materials	11.2			13.3			23.7			27.2
Corporate	(17.1		)	(16.1		)	(34.1		)	(31.4		)
Total	113.0			105.8			207.3			199.0
Interest income	0.4			0.6			1.2			1.1
Interest expense	(12.8		)	(9.0		)	(27.5		)	(18.0		)
Miscellaneous income	4.3			2.3			8.3			5.6
Income before income taxes	$	104.9		$	99.7		$	189.3		$	187.7

(in millions)	June 30, 2018		December 31, 2017
Assets
Fluid Handling	$	875.2	$	941.6
Payment & Merchandising Technologies	2,161.6		1,215.7
Aerospace & Electronics	584.7		573.0
Engineered Materials	224.1		220.8
Corporate	274.9		642.4
Total	$	4,120.5	$	3,593.5

The table below presents net sales by product line for each segment:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in millions)	2018		2017		2018		2017
Fluid Handling
Process Valves and Related Products	$	175.4	$	165.8	$	340.4	$	314.5
Commercial Valves	79.2		75.0		159.7		144.5
Other Products	22.3		23.0		43.4		44.4
Total Fluid Handling	$	276.9	$	263.8	$	543.5	$	503.4
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products	$	155.3	$	148.6	$	300.7	$	294.5
Banknotes and Security Products	121.6		—		221.4		—
Merchandising Equipment	47.4		49.6		94.6		99.2
Total Payment & Merchandising Technologies	$	324.3	$	198.2	$	616.7	$	393.7
Aerospace & Electronics
Commercial Original Equipment	$	86.2	$	87.3	$	170.8	$	169.8
Military and Other Original Equipment	48.7		40.9		90.7		78.9
Commercial Aftermarket Products	37.5		31.6		70.2		63.7
Military Aftermarket Products	14.8		11.3		25.8		22.1
Total Aerospace & Electronics	$	187.2	$	171.1	$	357.5	$	334.5
Engineered Materials
FRP - Recreational Vehicles	$	31.2	$	38.1	$	68.5	$	79.7
FRP - Building Products	23.4		23.9		47.2		48.4
FRP - Transportation	8.0		7.4		16.6		16.2
Total Engineered Materials	$	62.6	$	69.4	$	132.3	$	144.3
Total net sales	$	851.0	$	702.5	$	1,650.0	$	1,375.9

Schedule Of Assets By Segment

(in millions)	June 30, 2018		December 31, 2017
Assets
Fluid Handling	$	875.2	$	941.6
Payment & Merchandising Technologies	2,161.6		1,215.7
Aerospace & Electronics	584.7		573.0
Engineered Materials	224.1		220.8
Corporate	274.9		642.4
Total	$	4,120.5	$	3,593.5

Schedule Of Goodwill By Segment

(in millions)	June 30,  2018		December 31,  2017
Goodwill
Fluid Handling	$	243.0	$	245.4
Payment & Merchandising Technologies	815.8		587.7
Aerospace & Electronics	202.4		202.4
Engineered Materials	171.3		171.4
Total	$	1,432.5	$	1,206.9