XML 42 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segment wise financial performance
The primary measurement used by management to measure the financial performance of each segment is EBIT (earnings before interest and taxes).
 
Three Months Ended
September 30,
Nine Months Ended
September 30,
 
2013
2012
2013
2012
Net sales to external customers:
 
 
 
 
Mobile Industries
$
348.0

$
396.7

$
1,137.5

$
1,314.0

Process Industries
307.2

309.8

907.8

1,000.5

Aerospace
76.3

84.0

240.8

262.5

Steel
330.0

352.0

991.8

1,329.7

 
$
1,061.5

$
1,142.5

$
3,277.9

$
3,906.7

Intersegment sales:
 
 
 
 
Mobile Industries
$
0.1

$
0.2

$
0.8

$
0.4

Process Industries
1.1

1.3

3.1

3.9

Steel
20.5

25.0

58.9

82.6

 
$
21.7

$
26.5

$
62.8

$
86.9

Segment EBIT:
 
 
 
 
Mobile Industries
$
29.1

$
37.9

$
132.7

$
173.4

Process Industries
50.8

60.1

148.0

213.7

Aerospace
4.9

7.7

21.4

26.3

Steel
29.2

49.7

107.3

226.6

Total EBIT for reportable segments
$
114.0

$
155.4

$
409.4

$
640.0

Unallocated corporate expenses
(24.3
)
(20.1
)
(67.0
)
(63.8
)
CDSOA receipts, net of expense
—

(0.9
)
—

108.6

Interest expense
(4.9
)
(7.3
)
(17.5
)
(24.0
)
Interest income
0.5

0.6

1.5

2.0

Intersegment adjustments
(0.4
)
0.4

1.2

(1.3
)
Income before income taxes
$
84.9

$
128.1

$
327.6

$
661.5