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Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Financial Information by Reportable Business Segment
Financial information by reportable segment is included in the following summary:
 
2017
2016
2015
 
2017
2016
2015
In millions
Net sales
 
Segment income (loss)
Water
$
2,844.4

$
2,777.7

$
2,808.3

 
$
546.0

$
494.0

$
469.0

Electrical
2,097.9

2,116.0

1,809.3

 
447.0

447.2

395.0

Other
(5.8
)
(3.7
)
(1.2
)
 
(95.8
)
(101.7
)
(108.8
)
Consolidated
$
4,936.5

$
4,890.0

$
4,616.4

 
$
897.2

$
839.5

$
755.2

 
2017
2016
2015
 
2017
2016
2015
In millions
Identifiable assets (1)
 
Depreciation
Water
$
3,667.1

$
3,465.5

$
3,624.5

 
$
45.6

$
46.8

$
45.3

Electrical
4,634.1

4,419.3

4,488.4

 
34.3

31.6

27.6

Other
332.5

3,650.0

3,720.6

 
5.3

6.2

8.3

Consolidated
$
8,633.7

$
11,534.8

$
11,833.5

 
$
85.2

$
84.6

$
81.2

 
 
2017
2016
2015
In millions
 
Capital expenditures
Water
 
$
36.1

$
40.8

$
41.5

Electrical
 
31.8

74.5

47.4

Other
 
3.0

2.5

2.4

Consolidated
 
$
70.9

$
117.8

$
91.3

(1)
 All cash and cash equivalents and assets held for sale are included in "Other."
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
The following table presents a reconciliation of consolidated segment income to consolidated income from continuing operations before income taxes:
In millions
2017
2016
2015
Segment income
$
897.2

$
839.5

$
755.2

Deal related costs and expenses


(14.3
)
Inventory step-up


(35.7
)
Restructuring and other
(30.7
)
(20.6
)
(42.5
)
Separation costs
(53.1
)


Intangible amortization
(97.7
)
(96.4
)
(68.1
)
Pension and other post-retirement mark-to-market (loss) gain
(1.6
)
(4.2
)
23.0

Trade name and other impairment
(32.0
)
(13.3
)

Loss on sale of businesses
(4.2
)
(3.9
)
(3.2
)
Loss on early extinguishment of debt
(101.4
)


Interest expense, net
(87.3
)
(140.1
)
(101.9
)
Income from continuing operations before income taxes
$
489.2

$
561.0

$
512.5

Geographic Information
The following tables present certain geographic information by region:
 
2017
2016
2015
 
2017
2016
2015
In millions
Net sales
 
Long-lived assets
U.S.
$
2,973.7

$
2,897.1

$
2,634.0

 
$
301.4

$
309.5

$
285.9

Western Europe
827.2

796.0

727.6

 
61.7

138.6

150.7

Developing (1)
723.7

704.0

731.6

 
157.1

65.2

60.3

Other Developed (2)
411.9

492.9

523.2

 
25.3

25.3

42.9

Consolidated
$
4,936.5

$
4,890.0

$
4,616.4

 
$
545.5

$
538.6

$
539.8

(1) - Developing includes China, Eastern Europe, Latin America, the Middle East and Southeast Asia.
(2) - Other Developed includes Australia, Canada and Japan.