Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

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, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Net sales
Consumer Solutions	$	576.9	$	401.2	$	1,098.3	$	790.0
Industrial & Flow Technologies	363.9		311.8		708.0		632.7
Other	0.3		0.3		0.7		0.6
Consolidated	$	941.1	$	713.3	$	1,807.0	$	1,423.3
Segment income (loss)
Consumer Solutions	$	143.4	$	96.7	$	274.4	$	181.5
Industrial & Flow Technologies	57.1		44.1		107.1		88.8
Other	(25.6)		(16.1)		(42.2)		(34.1)
Consolidated	$	174.9	$	124.7	$	339.3	$	236.2

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, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Segment income	$	174.9	$	124.7	$	339.3	$	236.2
Deal-related costs and expenses	(1.0)		—		(1.7)		(0.4)
Restructuring, transformation and other costs	(5.8)		(1.1)		(7.3)		(3.5)
Intangible amortization	(6.3)		(7.0)		(13.4)		(14.6)
Loss on sale of businesses	—		(0.1)		—		(0.1)
COVID-19 related costs and expenses	(0.1)		(4.8)		(0.3)		(5.7)
Legal accrual adjustments	—		—		2.4		—
Net interest expense	(3.8)		(7.7)		(8.9)		(14.6)
Other expense	(0.2)		(0.4)		(0.8)		(1.1)
Income from continuing operations before income taxes	$	157.7	$	103.6	$	309.3	$	196.2