8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 25, 2013

PARKER-HANNIFIN CORPORATION

(Exact Name of Registrant as Specified in Charter)

Ohio	34-0451060
(State or other jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification No.)
6035 Parkland Boulevard, Cleveland, Ohio	44124-4141
(Address of Principal Executive Offices)	(Zip Code)

Registrant's telephone number, including area code: (216) 896-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

• Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

• Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

• Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

• Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

Item 7.01 Regulation FD Disclosure

The following information is furnished pursuant to Item 2.02, “Results of Operations and Financial Condition” and Item 7.01, “Regulation FD Disclosure”

On April 25, 2013, Parker-Hannifin Corporation issued a press release and presented a Webcast announcing earnings for the quarter ended March 31, 2013. The press release contains references to sales growth excluding the effects of acquisitions and currency exchange rates and the effect on cash flows from operating activities as a percent of sales of a discretionary pension plan contribution. The effects of acquisitions, currency exchange rates and the discretionary pension plan contribution are removed to allow investors and the company to meaningfully evaluate changes in sales and cash flows from operating activities as a percent of sales on a comparable basis from period to period. A copy of the press release is filed as Exhibit 99.1 to this report. A copy of the Webcast presentation is filed as Exhibit 99.2 to this report.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits:

99.1    Press release issued by Parker-Hannifin Corporation, dated April 25, 2013.

99.2    Webcast presentation by Parker-Hannifin Corporation, dated April 25, 2013.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	PARKER-HANNIFIN CORPORATION
	By: /s/ Jon P. Marten
	Jon P. Marten
	Executive Vice President - Finance &
	Administration and Chief Financial Officer
Date: April 25, 2013

EX-99.1

Exhibit 99.1    

For Release:    Immediately                    

Contact:	Media -
	Christopher M. Farage - Vice President, Communications & External Affairs	216-896-2750
	cfarage@parker.com
	Financial Analysts -
	Pamela Huggins, Vice President - Treasurer	216-896-2240
	phuggins@parker.com
Stock symbol:	PH - NYSE

Parker Reports Fiscal 2013 Third Quarter Results and Increases Dividend

• Third quarter diluted earnings per share $1.68

• Company maintains fiscal 2013 earnings guidance midpoint

• Board approves second consecutive quarterly dividend increase, totaling 10 percent this year

CLEVELAND, April 25, 2013 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2013 third quarter ended March 31, 2013 and announced a 5 percent increase in its quarterly cash dividend. Fiscal 2013 third quarter sales were $3.30 billion compared with $3.39 billion in the prior year quarter. Acquisitions contributed 4 percent which was offset by a 6 percent reduction in organic sales. Net income was $256.6 million in the current quarter compared with $312.7 million in the third quarter of fiscal 2012. Fiscal 2013 third quarter earnings per diluted share were $1.68 compared with $2.01 in the prior year quarter.

Cash flow from operations for the first nine months of fiscal 2013 was $718.8 million, or 7.5 percent of sales, compared with $1,006.5 million, or 10.3 percent of sales for the first nine months of fiscal 2012. Cash flow from operations for the first nine months of fiscal 2013 included a $225.6 million discretionary contribution to the company's pension plan. Excluding this contribution, cash flow from operations as a percent of sales was 9.9 percent for the first nine months of fiscal 2013.

The Board of Directors increased the company's regular quarterly cash dividend to 45 cents per share of common stock and declared a dividend payable June 7, 2013 to shareholders of record as of May 10, 2013. This represents a 5 percent increase over the previous quarterly dividend of 43 cents per common share and is the second consecutive increase this year. This is the company's 252nd consecutive quarterly dividend, resulting in a total distribution to shareholders of approximately $67 million.

“The fundamentals of our business remain very strong despite a mediocre global economic environment,” said Chairman, CEO and President, Don Washkewicz. “I am particularly pleased that we were able to deliver such strong total segment operating margins of 14 percent this quarter. We also continue to drive high levels of operating cash flow, which has allowed us the flexibility to announce our second consecutive quarterly dividend increase this year. This puts our fiscal 2013 dividend increase at 10 percent. We have now extended our long-standing annual dividend increase record to 57 consecutive fiscal years, which is among the top five longest running dividend-increase records in the S&P 500 index, and we have more than doubled our annual payout in the past five years.”

Segment Results

In Industrial North America, third quarter sales decreased 2.4 percent to $1.28 billion, and operating income was $209.0 million compared with $227.0 million in the same period a year ago.

In Industrial International, third quarter sales decreased 3.5 percent to $1.24 billion, and operating income was $152.3 million compared with $195.1 million in the same period a year ago.

In Aerospace, third quarter sales increased 6.5 percent to $578.0 million, and operating income was $80.1 million compared with $65.9 million in the same period a year ago.

In Climate and Industrial Controls, third quarter sales decreased 18.0 percent to $203.9 million, and operating income was $21.3 million compared with $23.2 million in the same period a year ago. These

results reflect the impact of a business divestiture in the fiscal 2013 second quarter.

Orders

Parker reported a decrease of 7 percent in orders for the quarter ending March 31, 2013, compared with the same quarter a year ago. The company reported the following orders:

• Orders declined 10 percent in Industrial North America compared with the same quarter a year ago.

• Orders declined 7 percent in Industrial International compared with the same quarter a year ago.

• Orders were unchanged in Aerospace on a rolling 12-month average basis.

• Orders declined 1 percent in Climate and Industrial Controls compared with the same quarter a year ago.

Outlook

For the fiscal year ending June 30, 2013, the company has maintained the midpoint and narrowed the range of guidance for earnings from continuing operations to $6.25 to $6.65 per diluted share. Fiscal 2013 guidance includes an expected year-over-year increase in domestic qualified pension expense of approximately $0.35 per diluted share due to accounting regulations which require the use of a lower discount rate based on current market conditions.

Washkewicz added, “We are not anticipating any meaningful change in global economic conditions through the remainder of the fiscal year. We will continue to take actions to drive operating cash flow while at the same time position ourselves for ongoing profitable growth and strong shareholder returns.”

NOTICE OF CONFERENCE CALL: Parker Hannifin's conference call and slide presentation to discuss its fiscal 2013 third quarter results are available to all interested parties via live webcast today at 10:00 a.m. ET, on the company's investor information web site at www.phstock.com. To access the call, click on the "Live Webcast" link. From this link, users also may complete a pre-call system test and register for e-mail notification of future events and information available from Parker. A replay of the conference call will also be available at www.phstock.com for one year after the call.

With annual sales exceeding $13 billion in fiscal year 2012, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 60,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 57 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at www.parker.com or its investor information web site at www.phstock.com.

Notes on Orders

Orders provide near-term perspective on the company's outlook, particularly when viewed in the context of prior and future quarterly order rates. However, orders are not in themselves an indication of future performance. All comparisons are at constant currency exchange rates, with the prior year restated to the current-year rates. All exclude acquisitions until they can be reflected in both the numerator and denominator. Aerospace comparisons are rolling 12-month average computations. The total Parker orders number is derived from a weighted average of the year-over-year quarterly percent change in orders for Industrial North America, Industrial International, and Climate and Industrial Controls, and the year-over-year 12-month rolling average of orders for Aerospace.

Forward-Looking Statements

Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. All statements regarding future performance, earnings projections, events or developments are forward-looking statements. It is possible that the future performance and earnings projections of the company, including its individual segments, may differ materially from current expectations, depending on economic conditions within its mobile, industrial and aerospace markets, and the company's ability to maintain and achieve anticipated benefits associated with announced realignment activities, strategic initiatives to improve operating margins, actions taken to combat the effects of the current economic environment, and growth, innovation and global diversification initiatives. A change in the economic conditions in individual markets may have a particularly volatile effect on segment performance. Among other factors which may affect future performance are: changes in business relationships with and purchases by or from major customers, suppliers or distributors, including delays or cancellations in shipments, disputes regarding contract terms or significant changes in financial condition, changes in contract cost and revenue estimates for new development programs and changes in product mix; ability to identify acceptable strategic acquisition targets; uncertainties surrounding timing, successful completion or integration of acquisitions; ability to realize anticipated cost savings from business realignment activities; threats associated with and efforts to combat terrorism; uncertainties surrounding the ultimate resolution of outstanding legal proceedings, including the outcome of any appeals; competitive market conditions and resulting effects on sales and pricing; increases in raw material costs that cannot be recovered in product pricing; the company's ability to manage costs related to insurance and employee retirement and health care benefits; and global economic factors, including manufacturing activity, air travel trends, currency exchange rates, difficulties entering new markets and general economic conditions such as inflation, deflation, interest rates and credit availability. The company makes these statements as of the date of this disclosure, and undertakes no obligation to update them unless otherwise required by law.

###

									Exhibit 99.1
PARKER HANNIFIN CORPORATION - MARCH 31, 2013
CONSOLIDATED STATEMENT OF INCOME
(Unaudited)	Three Months Ended March 31,					Nine Months Ended March 31,
(Dollars in thousands except per share amounts)	2013			2012		2013			2012
Net sales	$	3,307,041		$	3,393,563	$	9,587,471		$	9,734,276
Cost of sales	2,569,189			2,590,315		7,468,608			7,386,079
Gross profit	737,852			803,248		2,118,863			2,348,197
Selling, general and administrative expenses	379,690			377,479		1,141,912			1,132,635
Interest expense	23,050			22,313		70,775			69,303
Other (income), net	(3,439		)	2,629		(31,062		)	(5,100		)
Income before income taxes	338,551			400,827		937,238			1,151,359
Income taxes	81,959			88,138		259,584			298,169
Net income	256,592			312,689		677,654			853,190
Less: Noncontrolling interests	32			615		391			3,332
Net income attributable to common shareholders	$	256,560		$	312,074	$	677,263		$	849,858
Earnings per share attributable to common shareholders:
Basic earnings per share	$	1.72		$	2.07	$	4.54		$	5.61
Diluted earnings per share	$	1.68		$	2.01	$	4.46		$	5.49
Average shares outstanding during period - Basic	149,287,628			151,017,910		149,191,583			151,472,380
Average shares outstanding during period - Diluted	152,360,612			154,944,246		151,853,522			154,904,549
Cash dividends per common share	$	0.43		$	0.39	$	1.25		$	1.13
BUSINESS SEGMENT INFORMATION BY INDUSTRY
(Unaudited)	Three Months Ended March 31,					Nine Months Ended March 31,
(Dollars in thousands)	2013			2012		2013			2012
Net sales
Industrial:
North America	$	1,283,649		$	1,315,357	$	3,747,401		$	3,703,526
International	1,241,464			1,286,751		3,587,315			3,794,678
Aerospace	578,026			542,760		1,647,765			1,536,757
Climate & Industrial Controls	203,902			248,695		604,990			699,315
Total	$	3,307,041		$	3,393,563	$	9,587,471		$	9,734,276
Segment operating income
Industrial:
North America	$	209,048		$	226,986	$	620,154		$	645,951
International	152,309			195,065		427,514			569,224
Aerospace	80,080			65,925		194,150			204,824
Climate & Industrial Controls	21,324			23,203		51,164			52,818
Total segment operating income	462,761			511,179		1,292,982			1,472,817
Corporate general and administrative expenses	41,410			38,377		126,578			142,529
Income before interest expense and other expense	421,351			472,802		1,166,404			1,330,288
Interest expense	23,050			22,313		70,775			69,303
Other expense	59,750			49,662		158,391			109,626
Income before income taxes	$	338,551		$	400,827	$	937,238		$	1,151,359

			Exhibit 99.1
PARKER HANNIFIN CORPORATION - MARCH 31, 2013
CONSOLIDATED BALANCE SHEET
(Unaudited)	March 31,		June 30,		March 31,
(Dollars in thousands)	2013		2012		2012
Assets
Current assets:
Cash and cash equivalents	$	1,677,319	$	838,317	$	773,459
Accounts receivable, net	2,017,126		1,992,284		2,061,501
Inventories	1,473,072		1,400,732		1,429,014
Prepaid expenses	136,268		137,429		100,336
Deferred income taxes	134,724		129,352		132,991
Total current assets	5,438,509		4,498,114		4,497,301
Plant and equipment, net	1,829,715		1,719,968		1,721,970
Goodwill	3,229,827		2,925,856		2,926,311
Intangible assets, net	1,313,990		1,095,218		1,096,306
Other assets	859,731		931,126		647,236
Total assets	$	12,671,772	$	11,170,282	$	10,889,124
Liabilities and equity
Current liabilities:
Notes payable	$	1,527,696	$	225,589	$	273,907
Accounts payable	1,162,125		1,194,684		1,148,939
Accrued liabilities	838,376		911,931		872,547
Accrued domestic and foreign taxes	120,352		153,809		193,907
Total current liabilities	3,648,549		2,486,013		2,489,300
Long-term debt	1,496,026		1,503,946		1,515,217
Pensions and other postretirement benefits	1,693,048		1,909,755		848,521
Deferred income taxes	127,159		88,091		141,467
Other liabilities	294,582		276,747		308,151
Shareholders' equity	5,409,058		4,896,515		5,577,592
Noncontrolling interests	3,350		9,215		8,876
Total liabilities and equity	$	12,671,772	$	11,170,282	$	10,889,124

				Exhibit 99.1
PARKER HANNIFIN CORPORATION - MARCH 31, 2013
CONSOLIDATED STATEMENT OF CASH FLOWS
(Unaudited)	Nine Months Ended March 31,
(Dollars in thousands)	2013			2012
Cash flows from operating activities:
Net income	$	677,654		$	853,190
Depreciation and amortization	250,574			244,403
Stock incentive plan compensation	65,516			64,102
Net change in receivables, inventories, and trade payables	(13,743		)	(191,071		)
Net change in other assets and liabilities	(258,332		)	85,060
Other, net	(2,870		)	(49,223		)
Net cash provided by operating activities	718,799			1,006,461
Cash flows from investing activities:
Acquisitions (net of cash of $33,932 in 2013 and $6,802 in 2012)	(620,647		)	(31,004		)
Capital expenditures	(214,061		)	(154,097		)
Proceeds from sale of plant and equipment	24,321			15,560
Proceeds from sale of business	72,190			—
Other, net	(9,375		)	(16,381		)
Net cash (used in) investing activities	(747,572		)	(185,922		)
Cash flows from financing activities:
Net payments for common stock activity	(125,325		)	(312,545		)
Acquisition of noncontrolling interests	(1,072		)	(147,441		)
Net proceeds from debt	1,186,679			47,763
Dividends	(187,705		)	(178,606		)
Net cash provided by (used in) financing activities	872,577			(590,829		)
Effect of exchange rate changes on cash	(4,802		)	(113,717		)
Net increase in cash and cash equivalents	839,002			115,993
Cash and cash equivalents at beginning of period	838,317			657,466
Cash and cash equivalents at end of period	$	1,677,319		$	773,459

EX-99.2

3rd Quarter FY2013 Earnings Release Parker Hannifin Corporation April 25, 2013 Exhibit 99.2

Forward-Looking Statements Forward-looking statements contained in this and other written and oral reports are made based on known events and circumstances at the time of release, and as such, are subject in the future to unforeseen uncertainties and risks. All statements regarding future performance, earnings projections, events or developments are forward-looking statements. It is possible that the future performance and earnings projections of the company, including its individual segments, may differ materially from current expectations, depending on economic conditions within its mobile, industrial and aerospace markets, and the company's ability to maintain and achieve anticipated benefits associated with announced realignment activities, strategic initiatives to improve operating margins, actions taken to combat the effects of the current economic environment, and growth, innovation and global diversification initiatives. A change in the economic conditions in individual markets may have a particularly volatile effect on segment performance. Among other factors which may affect future performance are: changes in business relationships with and purchases by or from major customers, suppliers or distributors, including delays or cancellations in shipments, disputes regarding contract terms or significant changes in financial condition, changes in contract cost and revenue estimates for new development programs and changes in product mix; ability to identify acceptable strategic acquisition targets; uncertainties surrounding timing, successful completion or integration of acquisitions; ability to realize anticipated cost savings from business realignment activities; threats associated with and efforts to combat terrorism; uncertainties surrounding the ultimate resolution of outstanding legal proceedings, including the outcome of any appeals; competitive market conditions and resulting effects on sales and pricing; increases in raw material costs that cannot be recovered in product pricing; the company’s ability to manage costs related to insurance and employee retirement and health care benefits; and global economic factors, including manufacturing activity, air travel trends, currency exchange rates, difficulties entering new markets and general economic conditions such as inflation, deflation, interest rates and credit availability. The company makes these statements as of the date of this disclosure, and undertakes no obligation to update them unless otherwise required by law. 2

Non-GAAP Financial Measures This presentation reconciles sales amounts reported in accordance with U.S. GAAP to sales amounts adjusted to remove the effects of acquisitions made within the prior four quarters and the effects of currency exchange rates. This presentation also reconciles cash flow from operating activities as a percent of sales in accordance with U.S. GAAP to cash flow from operating activities as a percent of sales without the effect of a discretionary pension plan contribution. The effects of acquisitions, currency exchange rates and the discretionary pension plan contribution are removed to allow investors and the company to meaningfully evaluate changes in sales and cash flow from operating activities as a percent of sales on a comparable basis from period to period. 3

Agenda 4 • CEO 3rd Quarter FY2013 Highlights • Key Performance Measures & Outlook • CEO Closing Comments • Questions and Answers

Highlights 3rd Quarter FY2013 Sales • Slightly down year over year • Organic revenues decreased 6% • Acquisitions contributed 4% • Signs global economy bottoming out Earnings & Margins • Achieved $257m or $1.68 per diluted share • Decreased International volume • Acquisition, divestiture & integration expenses • Strong operating margins of 14.0% Cash Flow • Generated $371m or 11.2% of sales • 5% dividend increase 5

Diluted Earnings Per Share 3rd Quarter FY2013 6 $1.68 $2.01 $4.46 $5.49 0.00 1.00 2.00 3.00 4.00 5.00 6.00 Q3 FY13 Q3 FY12 YTD FY13 YTD FY12

2.01 0.03 0.02 0.05 0.05 0.24 1.68 1 2 2 FY12 Q3 Actual Share Impact Corp G&A Other Expense Tax Segment Operating Income * FY13 Q3 ActualInfluences on Earnings 3rd Quarter FY2013 vs. 3rd Quarter FY2012 * Segment Operating Income decline mainly due to Industrial International 7

Sales & Operating Margin 3rd Quarter FY2013 - Total Parker 8 $ in millions FY2013 % Change FY2012 FY2013 % Change FY2012 Sales As reported 3,307$ (2.5)% 3,394$ 9,588$ (1.5)% 9,734$ Acquisitions 134 3.9 % 344 3.5 % Currency (24) (0.7)% (134) (1.4)% Adjusted Sales 3,197$ (5.7)% 9,378$ (3.6)% Operating Margin As reported 463$ 511$ 1,293$ 1,473$ % of Sales 14.0 % 15.1 % 13.5 % 15.1 % 3rd Quarter Total Year

Sales & Operating Margin 3rd Quarter FY2013 - Industrial North America 9 $ in millions FY2013 % Change FY2012 FY2013 % Change FY2012 Sales As reported 1,284$ (2.4)% 1,315$ 3,748$ 1.2 % 3,703$ Acquisitions 72 5.5 % 170 4.6 % Currency (1) (0.1)% 1 0.0 % Adjusted Sales 1,213$ (7.8)% 3,577$ (3.4)% Operating Margin As reported 209$ 227$ 620$ 646$ % of Sales 16.3 % 17.3 % 16.5 % 17.4 % Total Year3rd Quarter

Sales & Operating Margin 3rd Quarter FY2013 - Industrial International 10 $ in millions FY2013 % Change FY2012 FY2013 % Change FY2012 Sales As reported 1,241$ (3.5)% 1,287$ 3,587$ (5.5)% 3,795$ Acquisitions 62 4.8 % 174 4.6 % Currency (22) (1.7)% (128) (3.4)% Adjusted Sales 1,201$ (6.6)% 3,541$ (6.7)% Operating Margin As reported 152$ 195$ 428$ 569$ % of Sales 12.3 % 15.2 % 11.9 % 15.0 % 3rd Quarter Total Year

Sales & Operating Margin 3rd Quarter FY2013 - Aerospace 11 $ in millions FY2013 % Change FY2012 FY2013 % Change FY2012 Sales As reported 578$ 6.5 % 543$ 1,648$ 7.2 % 1,537$ Acquisitions - - % - - % Currency - - % (3) (0.1)% Adjusted Sales 578$ 6.5 % 1,651$ 7.3 % Operating Margin As reported 80$ 66$ 194$ 205$ % of Sales 13.9 % 12.1 % 11.8 % 13.3 % 3rd Quarter Total Year

Sales & Operating Margin 3rd Quarter FY2013 - Climate & Industrial Controls 12 $ in millions FY2013 % Change FY2012 FY2013 % Change FY2012 Sales As reported 204$ (18.0)% 249$ 605$ (13.5)% 699$ Acquisitions - - % - - % Currency (1) (0.3)% (4) (0.6)% Adjusted Sales 205$ (17.7)% 609$ (12.9)% Operating Margin As reported 21$ 23$ 51$ 53$ % of Sales 10.5 % 9.3 % 8.5 % 7.6 % 3rd Quarter Total Year

Order Rates 13 Excludes Acquisitions, Divestitures & Currency 3-month year-over-year comparisons of total dollars, except Aerospace Aerospace is calculated using a 12-month rolling average Mar 2013 Dec 2012 Mar 2012 Dec 2011 Total Parker 7 %- 2 %- 2 %+ 3 %+ Industrial North America 10 %- 6 %- 7 %+ 8 %+ Industrial International 7 %- 5 %- 1 %- 1 %+ Aerospace 0 %+ 14 %+ 4 %+ 0 %+ Climate & Industrial Controls 1 %- 1 %+ 6 %- 5 %-

Balance Sheet Summary • Cash • Working capital • Accounts receivable • Inventory • Accounts payable 14

Cash Flow from Operating Activities 3rd Quarter FY2013 15 3rd Quarter Total Year FY2013 FY2012 FY2013 FY2012 As Reported 371$ 443$ 719$ 1,006$ As Reported % Sales 11.2% 13.1% 7.5% 10.3% Discretionary Pension Plan Contribution -$ -$ 226$ -$ Adjusted Cash From Operating Activities 371$ 443$ 945$ 1,006$ Adjusted % Sales 11.2% 13.1% 9.9% 10.3% $371 $443 $945 $1,006 Q3 FY13 Q3 FY12 YTD FY13 YTD FY12

Guidance Assumptions Sales & Segment Operating Margins 16 FY 2013 Sales Change versus FY 2012 Total Parker (1.7)% -- 0.7% Industrial North America (0.1)% -- 1.9 % Industrial International (4.3)% -- (1.5)% Aerospace 7.1 % -- 9.1 % Climate & Industrial Controls (14.8)% -- (12.4)% FY 2013 Segment Operating Margin Percentages Total Parker 13.9 % -- 14.1 % Industrial North America 16.8 % -- 17.0 % Industrial International 12.4 % -- 12.8 % Aerospace 12.3 % -- 12.5 % Climate & Industrial Controls 9.6 % -- 10.0 %

Guidance Assumptions Below Segment Operating Income Items (+/- 1.3%) • Corporate Admin, Interest and Other Expense (Income) • $471M at Midpoint • Tax Rate • 28.0% • Shares Outstanding • 152.2M 17

6.45 0.03 0.03 6.45 FY13 Full Year Guidance @Q2 Segment Operating Income Other Items (Below the Line) FY13 Full Year Guidance @Q3 Maintained Midpoint of FY2013 Guidance Range Narrowed 18 Low Midpoint High Diluted Earnings Per Share 6.25$ 6.45$ 6.65$

19

Appendix • Consolidated Statement of Income • Business Segment Information By Industry • Consolidated Balance Sheet • Consolidated Statement of Cash Flows

Consolidated Statement of Income 21 (Unaudited) Three Months Ended March 31, Nine Months Ended March 31, (Dollars in thousands except per share amounts) 2013 2012 2013 2012 Net sales 3,307,041$ 3,393,563$ 9,587,471$ 9,734,276$ Cost of sales 2,569,189 2,590,315 7,468,608 7,386,079 Gross profit 737,852 803,248 2,118,863 2,348,197 Selling, general and administrative expenses 379,690 377,479 1,141,912 1,132,635 Interest expense 23,050 22,313 70,775 69,303 Other (income) expense, net (3,439) 2,629 (31,062) (5,100) Income before income taxes 338,551 400,827 937,238 1,151,359 Income taxes 81,959 88,138 259,584 298,169 Net income 256,592 312,689 677,654 853,190 Less: Noncontrolling interests 32 615 391 3,332 Net inco e attributable to common shareholders 256,560$ 312,074$ 677,263$ 849,858$ Earnings per share attributable to common shareholders: Basic earnings per share 1.72$ 2.07$ 4.54$ 5.61$ Diluted earnings per share 1.68$ 2.01$ 4.46$ 5.49$ Average shares outstanding during period - Basic 149,287,628 151,017,910 149,191,583 151,472,380 Average shares outstanding during period - Diluted 152,360,612 154,944,246 151,853,522 154,904,549

Business Segment Information By Industry 22 (Unaudited) Three Months Ended March 31, Nine Months Ended March 31, (Dollars in thousands) 2013 2012 2013 2012 Net sales Industrial: North America 1,283,649$ 1,315,357$ 3,747,401$ 3,703,526$ International 1,241,464 1,286,751 3,587,315 3,794,678 Aerospace 578,026 542,760 1,647,765 1,536,757 Climate & Industrial Controls 203,902 248,695 604,990 699,315 Total 3,307,041$ 3,393,563$ 9,587,471$ 9,734,276$ Segment operating income Industrial: North America 209,048$ 226,986$ 620,154$ 645,951$ International 152,309 195,065 427,514 569,224 Aerospace 80,080 65,925 194,150 204,824 Climate & Industrial Controls 21,324 23,203 51,164 52,818 Total segment operating income 462,761 511,179 1,292,982 1,472,817 Corporate general and administrative expenses 41,410 38,377 126,578 142,529 Income before interest and other expense 421,351 472,802 1,166,404 1,330,288 Interest expense 23,050 22,313 70,775 69,303 Other expense 59,750 49,662 158,391 109,626 Income before income taxes 338,551$ 400,827$ 937,238$ 1,151,359$

Consolidated Balance Sheet 23 (Unaudited) March 31, June, 30 March 31, (Dollars in thousands) 2013 2012 2012 Assets Current assets: Cash and cash equivalents 1,677,319$ 838,317$ 773,459$ Accounts receivable, net 2,017,126 1,992,284 2,061,501 Inventories 1,473,072 1,400,732 1,429,014 Prepaid expenses 136,268 137,429 100,336 Deferred income taxes 134,724 129,352 132,991 Total current assets 5,438,509 4,498,114 4,497,301 Plant and equipment, net 1,829,715 1,719,968 1,721,970 Goodw ill 3,229,827 2,925,856 2,926,311 Intangible assets, net 1,313,990 1,095,218 1,096,306 Other assets 859,731 931,126 647,236 Total assets 12,671,772$ 11,170,282$ 10,889,124$ Liabilities and equity Current liabilities: Notes payable 1,527,696$ 225,589$ 273,907$ Accounts payable 1,162,125 1,194,684 1,148,939 Accrued liabilities 838,376 911,931 872,547 Accrued domestic and foreign taxes 120,352 153,809 193,907 Total current liabilities 3,648,549 2,486,013 2,489,300 Long-term debt 1,496,026 1,503,946 1,515,217 Pensions and other postretirement benefits 1,693,048 1,909,755 848,521 Deferred income taxes 127,159 88,091 141,467 Other liabilities 294,582 276,747 308,151 Shareholders' equity 5,409,058 4,896,515 5,577,592 Noncontrolling interests 3,350 9,215 8,876 Total liabilities and equity 12,671,772$ 11,170,282$ 10,889,124$

Consolidated Statement of Cash Flows 24 (Unaudited) Nine Months Ended March 31, (Dollars in thousands) 2013 2012 Cash flows from operating activities: Net income 677,654$ 853,190$ Depreciation and amortization 250,574 244,403 Stock incentive plan compensation 65,516 64,102 Net change in receivables, inventories, and trade payables (13,743) (191,071) Net change in other assets and liabilities (258,332) 85,060 Other, net (2,870) (49,223) Net cash provided by operating activities 718,799 1,006,461 Cash flows from investing activities: Acquisitions (net of cash of $33,932 in 2013 and $6,802 in 2012) (620,647) (31,004) Capital expenditures (214,061) (154,097) Proceeds from sale of plant and equipment 24,321 15,560 Proceeds from sale of business 72,190 - Other, net (9,375) (16,381) Net cash (used in) investing activities (747,572) (185,922) Cash flows from financing activities: Net payments for common stock activity (125,325) (312,545) Acquisition of noncontrolling interests (1,072) (147,441) Net proceeds from debt 1,186,679 47,763 Dividends (187,705) (178,606) Net cash provided by (used in) financing activities 872,577 (590,829) Effect of exchange rate changes on cash (4,802) (113,717) Net increase in cash and cash equivalents 839,002 115,993 Cash and cash equivalents at beginning of period 838,317 657,466 Cash and cash equivalents at end of period 1,677,319$ 773,459$