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Acquisitions Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information [Table Text Block]
The pro forma results were calculated by combining the results of Crane Co. with the stand-alone results of MEI for the pre-acquisition periods, which were adjusted to account for certain costs which would have been incurred during this pre-acquisition period:
 
For the Three Months Ended
 
For the Nine Months Ended
(in millions, except per share data)
September 30, 2013
Net sales
$
722

 
$
2,183

Net income attributable to common shareholders
$
35

 
$
157

Basic earnings per share from operations
$
0.60

 
$
2.67

Diluted earnings per share from operations
$
0.59

 
$
2.62