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Business Segments
9 Months Ended
Sep. 30, 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 September 30,
 
 
 
Nine months ended September 30,
 
 
 
2019
 
2018
 
Change %
 
2019
 
2018
 
Change %
Net revenues:
 
 
 
 
 
 
 
 
 
 
 
Application Software
$
405.4

 
$
378.3

 
7.2
 %
 
$
1,177.2

 
$
1,060.4

 
11.0
 %
Network Software & Systems
391.2

 
341.9

 
14.4
 %
 
1,103.7

 
989.7

 
11.5
 %
Measurement & Analytical Solutions
398.3

 
429.6

 
(7.3
)%
 
1,208.5

 
1,259.4

 
(4.0
)%
Process Technologies
159.6

 
168.9

 
(5.5
)%
 
482.6

 
505.4

 
(4.5
)%
Total
$
1,354.5

 
$
1,318.7

 
2.7
 %
 
$
3,972.0

 
$
3,814.9

 
4.1
 %
Gross profit:
 
 
 
 
 
 
 
 
 
 
 
Application Software
$
275.4

 
$
255.7

 
7.7
 %
 
$
791.5

 
$
712.5

 
11.1
 %
Network Software & Systems
271.9

 
236.7

 
14.9
 %
 
763.6

 
674.8

 
13.2
 %
Measurement & Analytical Solutions
234.7

 
253.2

 
(7.3
)%
 
706.1

 
737.1

 
(4.2
)%
Process Technologies
91.6

 
94.4

 
(3.0
)%
 
273.0

 
282.0

 
(3.2
)%
Total
$
873.6

 
$
840.0

 
4.0
 %
 
$
2,534.2

 
$
2,406.4

 
5.3
 %
Operating profit*:
 
 
 
 
 
 
 
 
 
 
 
Application Software
$
110.1

 
$
97.7

 
12.7
 %
 
$
299.9

 
$
265.6

 
12.9
 %
Network Software & Systems
137.5

 
128.1

 
7.3
 %
 
392.0

 
349.7

 
12.1
 %
Measurement & Analytical Solutions
127.0

 
136.1

 
(6.7
)%
 
375.4

 
379.8

 
(1.2
)%
Process Technologies
55.5

 
57.0

 
(2.6
)%
 
162.8

 
164.9

 
(1.3
)%
Total
$
430.1

 
$
418.9

 
2.7
 %
 
$
1,230.1

 
$
1,160.0

 
6.0
 %
Long-lived assets:
 
 
 
 
 
 
 
 
 
 
 
Application Software
$
85.6

 
$
76.4

 
12.0
 %
 
 
 
 
 
 
Network Software & Systems
50.0

 
36.4

 
37.4
 %
 
 
 
 
 
 
Measurement & Analytical Solutions
41.6

 
39.1

 
6.4
 %
 
 
 
 
 
 
Process Technologies
21.3

 
21.2

 
0.5
 %
 
 
 
 
 
 
Total
$
198.5

 
$
173.1

 
14.7
 %
 
 
 
 
 
 
 
*Segment operating profit is before unallocated corporate general and administrative expenses; these expenses were $44.9 and $41.4 for the three months ended September 30, 2019 and 2018, respectively, and $130.1 and $128.0 for the nine months ended September 30, 2019 and 2018, respectively.