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Segment Information
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
Before the Separation, the Company operated and reported its results in five separate business segments consisting of the Test & Measurement, Environmental, Life Sciences & Diagnostics, Dental and Industrial Technologies segments. The Company reevaluated its business segments after the Separation, and the Company now operates and reports its results in four separate business segments consisting of the Life Sciences, Diagnostics, Dental and Environmental & Applied Solutions segments. When determining the reportable segments, the Company aggregated operating segments based on their similar economic and operating characteristics. The identifiable assets by segment are those used in each segment’s operations. Inter-segment amounts are not significant and are eliminated to arrive at consolidated totals.
Segment results are shown below ($ in millions):
 
Three Month Period Ended
 
Nine Month Period Ended
 
September 30, 2016
 
October 2, 2015
 
September 30, 2016
 
October 2, 2015
Sales:
 
 
 
 
 
 
 
Life Sciences
$
1,325.4

 
$
804.5

 
$
3,911.8

 
$
1,940.5

Diagnostics
1,212.7

 
1,175.8

 
3,606.5

 
3,545.0

Dental
675.6

 
652.2

 
2,046.1

 
2,002.2

Environmental & Applied Solutions
918.4

 
879.7

 
2,733.7

 
2,623.0

Total
$
4,132.1

 
$
3,512.2

 
$
12,298.1

 
$
10,110.7

 
 
 
 
 
 
 
 
Operating Profit:
 
 
 
 
 
 
 
Life Sciences
$
204.7

 
$
51.5

 
$
574.1

 
$
196.6

Diagnostics
193.9

 
159.2

 
606.3

 
510.3

Dental
101.3

 
96.8

 
305.6

 
254.2

Environmental & Applied Solutions
223.4

 
215.6

 
640.1

 
661.6

Other
(24.2
)
 
(43.1
)
 
(103.8
)
 
(112.1
)
Total
$
699.1

 
$
480.0

 
$
2,022.3

 
$
1,510.6


As of September 30, 2016, there were material changes in total assets by segment since December 31, 2015 due to the Fortive Separation. Segment identifiable assets are shown below ($ in millions):
 
September 30, 2016
 
December 31, 2015
Life Sciences
$
19,764.4

 
$
19,658.4

Diagnostics
9,928.2

 
9,950.7

Dental
5,924.6

 
5,906.9

Environmental & Applied Solutions
4,171.7

 
4,168.8

Other
1,508.6

 
1,261.9

Discontinued operations

 
7,275.5

Total
$
41,297.5

 
$
48,222.2