Year ended December 31 (In millions, except percentages; unaudited) | 2013 | 2012 | Change |
---|---|---|---|
Sales |
|||
Flow Control | $1,299.7 | $1,095.3 | 19% |
Controls | 898.2 | 726.7 | 24% |
Surface Technologies | 312.9 | 275.7 | 14% |
Total Sales | $2,510.8 | $2,016.7 | 20% |
Operating Income |
|||
Flow Control | $116.5 | $78.8 | 48% |
Controls | 108.6 | 86.5 | 25% |
Surface Technologies | 51.0 | 27.5 | 85% |
Total Segments | $276.1 | $192.8 | 43% |
Corporate and Other | (42.4) | (31.3) | (35%) |
Total Operating Income | $233.6 | $161.4 | 45% |
Operating Margins |
|||
Flow Control | 9.0% | 7.2% | 180 bps |
Controls | 12.1% | 11.9% | 20 bps |
Surface Technologies | 16.3% | 10.0% | 630 bps |
Total Segments | 11.0% | 9.2% | 180 bps |
Consolidated Margin | 9.3% | 7.7% | 160 bps |
Note: Amounts may not add to the total due to rounding. |