XML 27 R17.htm IDEA: XBRL DOCUMENT v3.19.1
Business Segments
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Business Segments
Business Segments

Net revenues and operating profit by segment are set forth in the following table:
 
Three months ended March 31,
 
 
 
2019
 
2018
 
Change %
Net revenues:
 
 
 
 
 
Application Software
$
381.2

 
$
323.9

 
17.7
 %
Network Software & Systems
345.7

 
313.9

 
10.1
 %
Measurement & Analytical Solutions
401.8

 
404.0

 
(0.5
)%
Process Technologies
158.5

 
160.7

 
(1.4
)%
Total
$
1,287.2

 
$
1,202.5

 
7.0
 %
Gross profit:
 
 
 
 
 
Application Software
$
253.4

 
$
213.9

 
18.5
 %
Network Software & Systems
239.0

 
212.7

 
12.4
 %
Measurement & Analytical Solutions
231.2

 
234.0

 
(1.2
)%
Process Technologies
87.0

 
89.9

 
(3.2
)%
Total
$
810.6

 
$
750.5

 
8.0
 %
Operating profit*:
 
 
 
 
 
Application Software
$
91.4

 
$
70.2

 
30.2
 %
Network Software & Systems
125.3

 
106.0

 
18.2
 %
Measurement & Analytical Solutions
118.1

 
115.4

 
2.3
 %
Process Technologies
50.1

 
50.3

 
(0.4
)%
Total
$
384.9

 
$
341.9

 
12.6
 %
Long-lived assets:
 
 
 
 
 
Application Software
$
82.0

 
$
71.7

 
14.4
 %
Network Software & Systems
35.4

 
39.7

 
(10.8
)%
Measurement & Analytical Solutions
40.2

 
43.6

 
(7.8
)%
Process Technologies
22.0

 
21.1

 
4.3
 %
Total
$
179.6

 
$
176.1

 
2.0
 %
 
*Segment operating profit is before unallocated corporate general and administrative expenses; these expenses were $38.5 and $41.7 for the three months ended March 31, 2019 and 2018, respectively.