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Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Financial Information by Reportable Segment
Financial information by reportable segment is as follows:
 
Three months ended
 
Six months ended
In millions
June 30,
2020
June 30,
2019
 
June 30,
2020
June 30,
2019
Net sales
 
 
 
 
 
Consumer Solutions
$
401.2

$
437.1

 
$
790.0

$
795.3

Industrial & Flow Technologies
311.8

362.1

 
632.7

692.4

Other
0.3

0.3

 
0.6

0.7

Consolidated
$
713.3

$
799.5

 
$
1,423.3

$
1,488.4

Segment income (loss)
 
 
 
 
 
Consumer Solutions
$
96.7

$
109.0

 
$
181.5

$
184.2

Industrial & Flow Technologies
44.1

59.7

 
88.8

100.7

Other
(16.1
)
(14.6
)
 
(34.1
)
(32.1
)
Consolidated
$
124.7

$
154.1

 
$
236.2

$
252.8


Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following table presents a reconciliation of consolidated segment income to consolidated income from continuing operations before income taxes:
 
Three months ended
 
Six months ended
In millions
June 30,
2020
June 30,
2019
 
June 30,
2020
June 30,
2019
Segment income
$
124.7

$
154.1

 
$
236.2

$
252.8

Deal-related costs and expenses


 
(0.4
)
(4.2
)
Inventory step-up

(0.5
)
 

(2.2
)
Restructuring and other
(1.1
)
(6.7
)
 
(3.5
)
(7.8
)
Intangible amortization
(7.0
)
(8.3
)
 
(14.6
)
(16.5
)
Pension settlement gain

12.2

 

12.2

Asset impairment

(2.9
)
 

(18.2
)
(Loss) gain on sale of businesses
(0.1
)
(0.1
)
 
(0.1
)
3.4

COVID-19 related costs and expenses
(4.8
)

 
(5.7
)

Net interest expense
(7.7
)
(9.4
)
 
(14.6
)
(16.7
)
Other expense
(0.4
)
(1.2
)
 
(1.1
)
(2.4
)
Income from continuing operations before income taxes
$
103.6

$
137.2

 
$
196.2

$
200.4