Segment Results (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting Information [Line Items]

Schedule Of Financial Information By Reportable Segment

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2018			2017			2018			2017
Net sales
Fluid Handling	$	278.7		$	266.9		$	822.1		$	770.3
Payment & Merchandising Technologies	327.4			188.6			944.2			582.3
Aerospace & Electronics	189.5			172.0			547.0			506.5
Engineered Materials	60.2			68.4			192.5			212.7
Total	$	855.8		$	695.9		$	2,505.8		$	2,071.8
Operating profit (loss)
Fluid Handling	$	30.4		$	30.7		$	88.0		$	84.1
Payment & Merchandising Technologies	57.3			40.7			139.8			121.0
Aerospace & Electronics	42.5			35.5			120.0			104.9
Engineered Materials	8.7			12.2			32.4			39.4
Corporate	(15.0		)	(17.0		)	(49.0		)	(48.4		)
Total	123.9			102.1			331.2			301.0
Interest income	0.5			0.7			1.7			1.8
Interest expense	(12.3		)	(9.3		)	(39.8		)	(27.3		)
Miscellaneous income	5.7			3.5			13.9			9.2
Income before income taxes	$	117.8		$	97.0		$	307.0		$	284.7

(in millions)	September 30, 2018		December 31, 2017
Assets
Fluid Handling	$	888.6	$	941.6
Payment & Merchandising Technologies	2,122.4		1,215.7
Aerospace & Electronics	602.0		573.0
Engineered Materials	226.2		220.8
Corporate	270.8		642.4
Total	$	4,110.0	$	3,593.5

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in millions)	2018		2017		2018		2017
Fluid Handling
Process Valves and Related Products	$	168.7	$	157.7	$	509.0	$	472.2
Commercial Valves	86.2		85.7		245.9		230.2
Other Products	23.8		23.5		67.2		67.9
Total Fluid Handling	$	278.7	$	266.9	$	822.1	$	770.3
Payment & Merchandising Technologies
Payment Acceptance and Dispensing Products	$	144.9	$	136.7	$	445.7	$	431.1
Banknotes and Security Products	126.7		—		348.1		—
Merchandising Equipment	55.8		51.9		150.4		151.2
Total Payment & Merchandising Technologies	$	327.4	$	188.6	$	944.2	$	582.3
Aerospace & Electronics
Commercial Original Equipment	$	85.2	$	90.1	$	256.0	$	259.9
Military and Other Original Equipment	51.5		37.4		142.2		116.3
Commercial Aftermarket Products	38.8		32.3		109.0		96.0
Military Aftermarket Products	14.0		12.2		39.8		34.3
Total Aerospace & Electronics	$	189.5	$	172.0	$	547.0	$	506.5
Engineered Materials
FRP - Recreational Vehicles	$	28.4	$	37.2	$	96.9	$	116.9
FRP - Building Products	23.5		23.7		70.7		72.1
FRP - Transportation	8.3		7.5		24.9		23.7
Total Engineered Materials	$	60.2	$	68.4	$	192.5	$	212.7
Total net sales	$	855.8	$	695.9	$	2,505.8	$	2,071.8

Schedule Of Assets By Segment

(in millions)	September 30, 2018		December 31, 2017
Assets
Fluid Handling	$	888.6	$	941.6
Payment & Merchandising Technologies	2,122.4		1,215.7
Aerospace & Electronics	602.0		573.0
Engineered Materials	226.2		220.8
Corporate	270.8		642.4
Total	$	4,110.0	$	3,593.5

Schedule Of Goodwill By Segment

(in millions)	September 30, 2018		December 31,  2017
Goodwill
Fluid Handling	$	242.3	$	245.4
Payment & Merchandising Technologies	791.0		587.7
Aerospace & Electronics	202.4		202.4
Engineered Materials	171.3		171.4
Total	$	1,407.0	$	1,206.9