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Segment Data
12 Months Ended
Dec. 31, 2011
Segment Data [Abstract]  
Segment Data
(20) SEGMENT DATA:

The Company operates and reports its results in five separate business segments consisting of the Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental; and Industrial Technologies segments. In addition, the historical results of the hand tools related business and the Company's equity in earnings of the Apex joint venture is shown separately in the Company's segment disclosures.

Operating profit represents total revenues less operating expenses, excluding other expense, interest and income taxes. The identifiable assets by segment are those used in each segment's operations. Inter-segment amounts are not significant and are eliminated to arrive at consolidated totals. During 2011, the Company commenced reporting geographic external sales attributable to individual countries based on the location of the customer. In prior annual filings, the Company reported external geographic sales attributable to individual countries based on the location where the product was manufactured. Prior period amounts have been reclassified to conform to the current reporting format.

Detailed segment data for the years ended December 31, 2011, 2010 and 2009 is presented in the following table ($ in millions):

 

     2011     2010     2009  

Total Sales:

      

Test & Measurement

   $ 3,390.9      $ 2,832.9      $ 2,221.3   

Environmental

     2,939.6        2,738.0        2,418.7   

Life Sciences & Diagnostics

     4,627.4        2,298.3        1,484.9   

Dental

     2,011.2        1,824.6        1,657.0   

Industrial Technologies

     3,121.4        2,540.6        2,126.9   

Businesses contributed to Apex joint venture attributable to periods prior to contribution

     —          315.6        607.9   
  

 

 

   

 

 

   

 

 

 
   $ 16,090.5      $ 12,550.0      $ 10,516.7   
  

 

 

   

 

 

   

 

 

 

Operating Profit:

      

Test & Measurement

   $ 751.2      $ 572.9      $ 301.4   

Environmental

     622.7        564.3        471.0   

Life Sciences & Diagnostics

     402.3        227.9        179.6   

Dental

     236.1        203.3        215.9   

Industrial Technologies

     655.0        513.3        297.5   

Businesses contributed to Apex joint venture:

      

Attributable to periods prior to contribution

     —          41.5        63.9   

Equity method earnings subsequent to JV formation

     66.8        22.8        —     

Other

     (116.9     (96.4     (89.6
  

 

 

   

 

 

   

 

 

 
   $ 2,617.2      $ 2,049.6      $ 1,439.7   
  

 

 

   

 

 

   

 

 

 

Identifiable Assets (Including Assets Held for Sale):

      

Test & Measurement

   $ 5,280.6      $ 5,322.9      $ 4,577.7   

Environmental

     2,784.8        2,634.9        2,591.3   

Life Sciences & Diagnostics

     12,888.4        4,071.7        2,609.5   

Dental

     4,047.5        4,120.2        3,947.8   

Industrial Technologies

     3,394.9        2,876.8        2,796.0   

Businesses contributed to Apex joint venture

     —          —          399.0   

Other

     1,553.2        3,190.6        2,674.1   
  

 

 

   

 

 

   

 

 

 
   $ 29,949.4      $ 22,217.1      $ 19,595.4   
  

 

 

   

 

 

   

 

 

 
     2011      2010      2009  

Depreciation and Amortization:

        

Test & Measurement

   $ 126.6       $ 107.7       $ 93.5   

Environmental

     45.9         45.9         43.1   

Life Sciences & Diagnostics

     297.2         90.7         56.6   

Dental

     94.0         81.7         71.3   

Industrial Technologies

     65.8         51.5         51.5   

Businesses contributed to Apex joint venture attributable to periods prior to contribution

     —           6.2         13.8   

Other

     5.4         4.6         2.0   
  

 

 

    

 

 

    

 

 

 
   $ 634.9       $ 388.3       $ 331.8   
  

 

 

    

 

 

    

 

 

 

Capital Expenditures, Gross

        

Test & Measurement

   $ 37.7       $ 35.6       $ 25.3   

Environmental

     29.1         25.4         22.8   

Life Sciences & Diagnostics

     167.0         49.6         25.7   

Dental

     35.4         31.8         28.5   

Industrial Technologies

     51.3         35.4         36.6   

Businesses contributed to Apex joint venture attributable to periods prior to contribution

     —           6.9         9.4   

Other

     14.0         6.4         27.1   
  

 

 

    

 

 

    

 

 

 
   $ 334.5       $ 191.1       $ 175.4   
  

 

 

    

 

 

    

 

 

 

Operations in Geographical Areas

Year Ended December 31

 

($ in millions)    2011      2010      2009  

Sales:

        

United States

   $ 6,787.8       $ 5,703.3       $ 4,963.9   

Germany

     1,189.0         928.9         802.0   

China

     1,133.2         748.7         561.9   

Japan

     809.4         603.0         410.3   

All other (each country individually less than 5% of total sales)

     6,171.1         4,566.1         3,778.6   
  

 

 

    

 

 

    

 

 

 
   $ 16,090.5       $ 12,550.0       $ 10,516.7   
  

 

 

    

 

 

    

 

 

 

Long-lived Assets (Including Assets Held for Sale):

        

United States

   $ 16,433.0       $ 9,979.4       $ 8,886.8   

Germany

     1,455.8         1,398.9         1,488.2   

All other (each country individually less than 5% of total long-lived assets)

     5,788.3         4,773.4         3,999.8   
  

 

 

    

 

 

    

 

 

 
   $ 23,677.1       $ 16,151.7       $ 14,374.8   
  

 

 

    

 

 

    

 

 

 

 

Sales by Major Product Group

Year Ended December 31

 

($ in millions)    2011      2010      2009  

Analytical and physical instrumentation

   $ 5,920.9       $ 5,206.0       $ 4,364.9   

Medical & dental products

     6,653.5         4,122.9         3,141.9   

Motion and industrial automation controls

     1,677.1         1,517.7         1,107.1   

Mechanics and related hand tools

     305.2         590.9         843.8   

Product identification

     1,162.1         818.4         780.2   

Defense

     162.0         136.6         126.3   

All other

     209.7         157.5         152.5   
  

 

 

    

 

 

    

 

 

 
   $ 16,090.5       $ 12,550.0       $ 10,516.7