OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Dec. 31, 2018

OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION

Schedule of financial information for each of the entity's reportable segments, including the impact of the preceding changes on previously reported full year 2017 net sales and oeprating income

	December 31, 2017
	2017 Reported		Revenue		Pension				Fixed	2017 Revised
	Valued at 2017		Standard		Standard		Segment		Currency	Valued at 2018
(millions)	Management Rates		Adoption		Adoption		Change		Rate Change	Management Rates
Net Sales
Global Industrial		$4,878.5		$(0.8)		$-		$(56.9)	$286.0	$5,106.8
Global Institutional		4,744.9		(1.4)		-		(23.7)	190.2	4,910.0
Global Energy		3,199.3		-		-		0.7	81.7	3,281.7
Other		823.5		-		-		79.9	28.1	931.5
Subtotal at fixed currency rates		13,646.2		(2.2)		-		-	586.0	14,230.0
Effect of foreign currency translation		192.1		(0.2)		-		-	(586.0)	(394.1)
Consolidated reported GAAP net sales		$13,838.3		$(2.4)		$-		$-	$-	$13,835.9
Operating Income
Global Industrial		$722.0		$(0.8)		$(12.8)		$2.6	$47.5	$758.5
Global Institutional		985.7		(1.4)		(13.1)		(14.9)	23.5	979.8
Global Energy		338.5		-		(16.7)		(0.7)	15.0	336.1
Other		149.3		-		(24.5)		13.0	4.7	142.5
Corporate		(208.6)		-		-		-	(5.3)	(213.9)
Subtotal at fixed currency rates		1,986.9		(2.2)		(67.1)		-	85.4	2,003.0
Effect of foreign currency translation		32.9		(0.2)		(0.2)		-	(85.4)	(52.9)
Consolidated reported GAAP operating income		$2,019.8		$(2.4)		$(67.3)		$-	$-	$1,950.1

	December 31, 2016
	2016 Reported		Revenue		Pension				Fixed	2016 Revised
	Valued at 2017		Standard		Standard		Segment		Currency	Valued at 2018
(millions)	Management Rates		Adoption		Adoption		Change		Rate Change	Management Rates
Net Sales
Global Industrial		$4,687.2		$(0.4)		$-		$(70.3)	$274.6	$4,891.1
Global Institutional		4,440.1		(0.5)		-		-	158.6	4,598.2
Global Energy		3,075.8		-		-		-	80.0	3,155.8
Other		801.7		-		-		70.3	26.4	898.4
Subtotal at fixed currency rates		13,004.8		(0.9)		-		-	539.6	13,543.5
Effect of foreign currency translation		148.0		(0.1)		-		-	(539.6)	(391.7)
Consolidated reported GAAP net sales		$13,152.8		$(1.0)		$-		$-	$-	$13,151.8
Operating Income
Global Industrial		$720.0		$(0.4)		$(4.2)		$(0.8)	$43.7	$758.3
Global Institutional		950.5		(0.5)		(10.2)		(9.8)	19.5	949.5
Global Energy		346.7		-		(8.0)		(1.5)	12.7	349.9
Other		145.2		-		(20.4)		12.1	4.7	141.6
Corporate		(272.6)		-		-		-	(5.2)	(277.8)
Subtotal at fixed currency rates		1,889.8		(0.9)		(42.8)		-	75.4	1,921.5
Effect of foreign currency translation		25.2		(0.1)		(1.0)		-	(75.4)	(51.3)
Consolidated reported GAAP operating income		$1,915.0		$(1.0)		$(43.8)		$-	$-	$1,870.2

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

	Net Sales						Operating Income (Loss)
(millions)	2018		2017		2016		2018		2017		2016
Global Industrial		$5,462.4		$5,106.8		$4,891.1		$768.1		$758.5		$758.3
Global Institutional		5,204.5		4,910.0		4,598.2		1,026.9		979.8		949.5
Global Energy		3,501.8		3,281.7		3,155.8		358.5		336.1		349.9
Other		877.6		931.5		898.4		161.3		142.5		141.6
Corporate		-		-		-		(307.1)		(213.9)		(277.8)
Subtotal at fixed currency		15,046.3		14,230.0		13,543.5		2,007.7		2,003.0		1,921.5
Effect of foreign currency translation		(378.1)		(394.1)		(391.7)		(60.7)		(52.9)		(51.3)
Consolidated		$14,668.2		$13,835.9		$13,151.8		$1,947.0		$1,950.1		$1,870.2

Schedule of net sales and long-lived assets at public exchange rates by geographic region

	Long-Lived Assets, net
(millions)	2018		2017
United States		$9,175.4		$8,853.7
Europe		2,538.7		2,623.8
Asia Pacific, excluding Greater China		1,003.4		1,022.5
Latin America		565.8		605.8
MEA		302.1		310.1
Canada		616.8		649.1
Greater China		1,194.6		1,301.0
Total		$15,396.8		$15,366.0