Business Segments

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Business Segments

Business Segments

Operating segments are defined as components of an enterprise for which separate financial information is available that is evaluated regularly by the chief operating decision maker(s) in deciding how to allocate resources and in assessing performance. The accounting policies of the reportable segments are the same as those described in Note 1, “Accounting Policies”.

External customer sales by geographic area are based upon the destination of products sold. In 2014 and 2013 one household refrigeration and freezer customer accounted for 6.3% and 8.3% of our consolidated sales, respectively. Long-lived assets by geographic area are based upon the physical location of the assets.

Business Segment Information

Assets, capital expenditures and depreciation and amortization from continuing operations for the years ended December 31, were as follows:

(in millions)	2014		2013		2012
Assets:
Compressor products	$	263.5	$	356.0	$	392.3
Corporate and consolidating items	131.0		129.0		133.5
Assets held for sale	1.8		2.4		2.1
Total assets	$	396.3	$	487.4	$	527.9
Capital expenditures:
Compressor products	$	11.4	$	10.3	$	11.9
Corporate and consolidating items	2.2		1.5		1.9
Total capital expenditures	$	13.6	$	11.8	$	13.8
Depreciation and amortization:
Compressor products	$	24.1	$	27.3	$	29.0
Corporate and consolidating items	0.9		6.2		7.4
Total depreciation and amortization	$	25.0	$	33.5	$	36.4

Geographic Information

Customer sales by geographic location for the years ended December 31, were as follows:

(in millions)	2014		2013		2012
Customer sales by destination:
North America
United States	$	125.8	$	135.9	$	168.0
Other North America	15.7		15.7		18.3
Total North America	$	141.5	$	151.6	$	186.3
South America
Brazil	$	182.8	$	223.9	$	193.4
Other South America	45.6		58.8		65.9
Total South America	$	228.4	$	282.7	$	259.3
Europe	$	191.3	$	207.1	$	203.2
Asia
China	$	13.0	$	20.0	$	26.2
India	105.0		74.5		66.3
Other Asia	5.9		21.1		27.2
Total Asia	$	123.9	$	115.6	$	119.7
Middle East and Africa	$	39.3	$	66.6	$	86.2
Total sales	$	724.4	$	823.6	$	854.7

Property, plant and equipment at December 31, were as follows:

(in millions)	2014		2013		2012
Property, plant and equipment, net:
North America	$	28.9	$	27.1	$	30.2
Brazil	41.7		60.1		85.4
India	19.0		20.4		24.8
Europe	14.1		15.2		16.6
Total property, plant and equipment, net	$	103.7	$	122.8	$	157.0