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Business Segments (Tables)
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Net sales and earnings from operations by segment are summarized as follows:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in millions)
 
2014
 
2013
 
2014
 
2013
Net sales:
 
 

 
 

 
 

 
 

Crane
 
$
606.1

 
$
647.4

 
$
1,072.8

 
$
1,191.4

Foodservice
 
406.7

 
389.7

 
790.0

 
740.3

Total net sales
 
$
1,012.8

 
$
1,037.1

 
$
1,862.8

 
$
1,931.7

Earnings (loss) from continuing operations:
 
 

 
 

 
 

 
 

Crane
 
$
54.4

 
$
70.0

 
$
77.0

 
$
104.9

Foodservice
 
65.9

 
63.0

 
123.8

 
112.1

Corporate expense
 
(15.0
)
 
(16.5
)
 
(31.1
)
 
(35.0
)
Amortization expense
 
(8.8
)
 
(8.9
)
 
(17.6
)
 
(17.9
)
Restructuring expense
 
(1.0
)
 
(0.9
)
 
(3.0
)
 
(1.2
)
Other
 
(0.1
)
 
—

 
(0.1
)
 
(0.3
)
Earnings from continuing operations
 
$
95.4

 
$
106.7

 
$
149.0

 
$
162.6

Other income (expenses):
 
 
 
 
 
 
 
 
Interest expense
 
$
(25.1
)
 
$
(32.2
)
 
$
(44.4
)
 
$
(65.2
)
Amortization of deferred financing fees
 
(1.1
)
 
(1.7
)
 
(2.3
)
 
(3.5
)
Loss on debt extinguishment
 
—

 
—

 
(25.3
)
 
(0.4
)
Other (expense) income - net
 
(3.1
)
 
(1.4
)
 
(2.3
)
 
0.2

Earnings from continuing operations before taxes on earnings
 
$
66.1

 
$
71.4

 
$
74.7

 
$
93.7
Reconciliation of Assets from Segment to Consolidated
As of June 30, 2014 and December 31, 2013, the total assets by segment were as follows:
(in millions)
 
June 30, 2014
 
December 31, 2013
Crane
 
$
2,058.3

 
$
1,900.4

Foodservice
 
1,961.6

 
1,904.3

Corporate
 
167.9

 
171.9

Total
 
$
4,187.8

 
$
3,976.6