OPERATING SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2017

OPERATING SEGMENTS

Schedule of financial information for each of the entity's reportable segments, including the impact of the preceding changes on previously reported full year 2016 net sales and oeprating income

	December 31, 2016
			Fixed
	Values at		Currency		Segment	Values at
(millions)	2016 Rates		Rate Change		Change	2017 Rates
Net Sales
Global Industrial		$ 4,617.1		$ 6.9	$ 63.2	$ 4,687.2
Global Institutional		4,495.6		7.7	(63.2)	4,440.1
Global Energy		3,035.8		40.0	-	3,075.8
Other		806.5		(4.8)	-	801.7
Subtotal at fixed currency rates		12,955.0		49.8	-	13,004.8
Effect of foreign currency translation		197.8		(49.8)	-	148.0
Consolidated reported GAAP net sales		$ 13,152.8		$ -	$ -	$ 13,152.8
Operating Income
Global Industrial		$ 703.0		$ (0.9)	$ 17.9	$ 720.0
Global Institutional		966.7		3.0	(19.2)	950.5
Global Energy		337.1		7.9	1.7	346.7
Other		148.1		(2.5)	(0.4)	145.2
Corporate		(272.1)		(0.5)	-	(272.6)
Subtotal at fixed currency rates		1,882.8		7.0	-	1,889.8
Effect of foreign currency translation		32.2		(7.0)	-	25.2
Consolidated reported GAAP operating income		$ 1,915.0		$ -	$ -	$ 1,915.0

Schedule of financial information for each of the entity's reportable segments

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2017		2016		2017		2016
Net Sales
Global Industrial		$ 1,209.8		$ 1,170.8		$ 2,338.4		$ 2,266.3
Global Institutional		1,221.1		1,128.4		2,299.2		2,165.8
Global Energy		792.4		762.8		1,549.4		1,534.4
Other		215.3		202.2		412.1		388.9
Subtotal at fixed currency rates		3,438.6		3,264.2		6,599.1		6,355.4
Effect of foreign currency translation		24.1		53.0		25.2		59.2
Consolidated reported GAAP net sales		$ 3,462.7		$ 3,317.2		$ 6,624.3		$ 6,414.6
Operating Income
Global Industrial		$ 167.5		$ 174.5		$ 294.5		$ 306.0
Global Institutional		259.8		243.0		451.9		435.7
Global Energy		73.4		79.7		146.4		142.3
Other		37.0		38.2		66.9		67.8
Corporate		(102.6)		(129.8)		(152.0)		(177.9)
Subtotal at fixed currency rates		435.1		405.6		807.7		773.9
Effect of foreign currency translation		3.9		6.9		4.6		10.1
Consolidated reported GAAP operating income		$ 439.0		$ 412.5		$ 812.3		$ 784.0