Business Segments

3 Months Ended

Mar. 31, 2021

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,
	2021		2020		Change %
Net revenues:
Application Software	$	576.6	$	405.1	42.3	%
Network Software & Systems	440.2		438.2		0.5	%
Measurement & Analytical Solutions	381.0		365.2		4.3	%
Process Technologies	130.8		142.2		(8.0)	%
Total	$	1,528.6	$	1,350.7	13.2	%
Gross profit:
Application Software	$	398.7	$	270.4	47.4	%
Network Software & Systems	299.4		293.2		2.1	%
Measurement & Analytical Solutions	224.7		214.6		4.7	%
Process Technologies	71.0		78.6		(9.7)	%
Total	$	993.8	$	856.8	16.0	%
Operating profit*:
Application Software	$	153.7	$	97.6	57.5	%
Network Software & Systems	135.5		138.7		(2.3)	%
Measurement & Analytical Solutions	124.1		114.0		8.9	%
Process Technologies	38.3		43.3		(11.5)	%
Total	$	451.6	$	393.6	14.7	%
Long-lived assets:
Application Software	$	126.7	$	85.1	48.9	%
Network Software & Systems	44.8		48.5		(7.6)	%
Measurement & Analytical Solutions	35.4		39.1		(9.5)	%
Process Technologies	19.5		21.0		(7.1)	%
Total	$	226.4	$	193.7	16.9	%

*Segment operating profit is before unallocated corporate general and administrative expenses; these expenses were $51.1 and $44.4 for the three months ended March 31, 2021 and 2020, respectively.