Goodwill (Tables)

9 Months Ended

Sep. 30, 2011

Goodwill [Abstract]

Changes in carrying amount of goodwill

					Foreign
	Balance				Currency			Balance
	December 31,		Business		Translation/			September 30,
	2010		Combinations		Other			2011
			(Dollars in millions)
Actuation and Landing Systems(1)	$	327.7	$	213.1	$	(13.6	)	$	527.2
Nacelles and Interior Systems(2)		591.6		34.0		(0.4	)		625.2
Electronic Systems		842.9		—		(1.8	)		841.1
	$	1,762.2	$	247.1	$	(15.8	)	$	1,993.5

(1)	On May 12, 2011, the Company acquired Microtecnica S.r.l. for $457.1 million in cash, net of cash acquired. Based on the Company’s preliminary purchase price allocation, $312.4 million was identifiable intangible assets primarily related to customer relationships, $213.1 million was goodwill and $106.4 million was net deferred tax liabilities primarily related to the intangible assets. The fair value of the intangible assets will be amortized over a weighted-average useful life of 27 years. Goodwill primarily represents the expected value from combining Microtecnica’s expertise in flight controls with the Company’s flight control actuation business. The goodwill related to the Microtecnica acquisition is not deductible for tax purposes. The final purchase price allocation will be based on information that provides a better estimate of the fair value of assets acquired and liabilities assumed.
(2)	On September 22, 2010, the Company acquired the cabin management assets of DeCrane Holdings Co. In the three months ended March 31, 2011, the Company finalized the purchase price which resulted in a decrease in goodwill.
	On September 30, 2011, the Company acquired Winslow Marine Products Corporation (Winslow) for $49.5 million in cash, net of cash acquired. Based on the Company’s preliminary purchase price allocation, $19.9 million was identifiable intangible assets and $36.9 million was goodwill. The fair value of the intangible assets will be amortized over a weighted-average useful life of 20 years. The final purchase price allocation will be based on information that provides a better estimate of the fair value of assets acquired and liabilities assumed.