Segment Information (Tables)

9 Months Ended

Sep. 30, 2013

Revenue and Earnings from continuing operations by market segment

Segment financial information and a reconciliation of segment results to consolidated results follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
REVENUE:
Communication Technologies	$	413,608		$	396,470		$	1,187,875		$	1,115,734
Energy	577,350			562,263			1,712,019			1,632,619
Engineered Systems	1,004,955			892,121			2,876,783			2,600,368
Printing & Identification	256,571			246,945			745,094			742,390
Intra-segment eliminations	(135		)	(194		)	(1,086		)	(603		)
Total consolidated revenue	$	2,252,349		$	2,097,605		$	6,520,685		$	6,090,508

EARNINGS FROM CONTINUING OPERATIONS:
Segment earnings:
Communication Technologies	$	76,076		$	63,706		$	172,073		$	160,584
Energy	145,494			139,038			417,965			405,089
Engineered Systems	172,223			144,245			454,841			400,145
Printing & Identification	42,881			39,502			108,600			94,509
Total segments	436,674			386,491			1,153,479			1,060,327
Corporate expense / other (1)	43,278			32,001			115,382			104,882
Net interest expense	30,237			30,399			90,761			90,145
Earnings from continuing operations before provision for income taxes and discontinued operations	363,159			324,091			947,336			865,300
Provision for taxes	99,507			90,761			192,343			240,405
Earnings from continuing operations	$	263,652		$	233,330		$	754,993		$	624,895

(1)

Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, and various administrative expenses relating to the corporate headquarters. Corporate expenses also include one-time transaction costs associated with the Knowles spin off of $10,637 and $13,959 for the three and nine months ended September 30, 2013, respectively, as well as a one-time pension curtailment gain of $4,411.