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Business Segments (Tables)
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Reporting Information
Net revenues and operating profit by segment are set forth in the following table:
Three months ended June 30,Six months ended June 30,
20212020Change %20212020Change %
Net revenues:
Application Software$591.6 $398.4 48.5 %$1,168.2 $803.5 45.4 %
Network Software & Systems458.7 422.0 8.7 %898.9 860.2 4.5 %
Measurement & Analytical Solutions397.0 363.9 9.1 %778.0 729.1 6.7 %
Process Technologies140.3 120.7 16.2 %271.1 262.9 3.1 %
Total$1,587.6 $1,305.0 21.7 %$3,116.2 $2,655.7 17.3 %
Gross profit:
Application Software$409.3 $273.8 49.5 %$808.0 $544.2 48.5 %
Network Software & Systems318.8 284.8 11.9 %618.2 578.0 7.0 %
Measurement & Analytical Solutions230.4 221.5 4.0 %455.1 436.1 4.4 %
Process Technologies75.6 63.6 18.9 %146.6 142.2 3.1 %
Total$1,034.1 $843.7 22.6 %$2,027.9 $1,700.5 19.3 %
Operating profit*:
Application Software$154.2 $113.4 36.0 %$307.9 $211.0 45.9 %
Network Software & Systems150.5 130.6 15.2 %286.0 269.3 6.2 %
Measurement & Analytical Solutions124.0 123.0 0.8 %248.1 237.0 4.7 %
Process Technologies43.9 16.9 159.8 %82.2 60.2 36.5 %
Total$472.6 $383.9 23.1 %$924.2 $777.5 18.9 %
Long-lived assets:
Application Software$127.9 $88.5 44.5 %
Network Software & Systems52.7 46.5 13.3 %
Measurement & Analytical Solutions34.3 37.4 (8.3)%
Process Technologies16.1 20.6 (21.8)%
Total$231.0 $193.0 19.7 %
 
*Segment operating profit is before unallocated corporate general and administrative expenses. These expenses were $54.6 and $50.3 for the three months ended June 30, 2021 and 2020, respectively, and 105.7 and 94.7 for the six months ended June 30, 2021 and 2020, respectively.