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SEGMENT AND GEOGRAPHIC INFORMATION
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC INFORMATION SEGMENT AND GEOGRAPHIC INFORMATION
The accounting policies of the operating segments are the same as those described in Note 1 of the Company's Form 10-K. Revenue is recognized based on the invoice price at the point in time when the customer obtains control of the product, which is typically upon shipment to the customer. The Water and Fueling segments include manufacturing operations and supply certain components and finished goods, both between segments and to the Distribution segment. The Company reports these product transfers between Water and Fueling as inventory transfers as a significant number of the Company's manufacturing facilities are shared across segments for scale and efficiency purposes. The Company reports intersegment transfers from Water to Distribution as intersegment revenue at market prices to properly reflect the commercial arrangement of vendor to customer that exists between the Water and Distribution segments.

Segment operating income is a key financial performance measure. Operating income by segment is based on net sales less identifiable operating expenses and allocations and includes profits recorded on sales to other segments of the Company. 



Financial information by reportable business segment is included in the following summary:
Second Quarter EndedSix Months Ended
(In millions)June 30, 2022June 30, 2021June 30, 2022June 30, 2021
Net sales
Water Systems
External sales
United States & Canada$158.4 $114.1 $293.1 $198.3 
Latin America41.7 34.7 79.6 66.4 
Europe, Middle East & Africa49.7 51.4 100.7 95.8 
Asia Pacific24.2 20.1 44.7 40.3 
Intersegment sales
United States & Canada36.5 26.9 65.0 44.0 
Total sales310.5 247.2 583.1 444.8 
Distribution
External sales
United States & Canada191.1 144.8 326.0 240.5 
Intersegment sales— — — — 
Total sales191.1 144.8 326.0 240.5 
Fueling Systems
External sales
United States & Canada64.2 50.6 116.0 88.1 
All other21.8 21.6 42.5 40.9 
Intersegment sales— — — — 
Total sales86.0 72.2 158.5 129.0 
Intersegment Eliminations/Other(36.5)(26.9)(65.0)(44.0)
Consolidated$551.1 $437.3 $1,002.6 $770.3 
Second Quarter EndedSix Months Ended
June 30, 2022June 30, 2021June 30, 2022June 30, 2021
Operating income/(loss)
Water Systems$49.0 $34.6 $82.2 $65.9 
Distribution23.3 16.0 32.7 18.0 
Fueling Systems26.1 18.5 43.8 33.4 
Intersegment Eliminations/Other(17.4)(17.5)(37.8)(31.9)
Consolidated$81.0 $51.6 $120.9 $85.4 

June 30, 2022December 31, 2021
Total assets
Water Systems$1,019.3 $894.4 
Distribution407.2 363.0 
Fueling Systems278.8 273.6 
Other46.2 44.2 
Consolidated$1,751.5 $1,575.2 

Other Assets are generally Corporate assets that are not allocated to the segments and are comprised primarily of cash and property, plant and equipment.