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Goodwill and Other Identifiable Intangible Assets - Changes in Carrying Amount of Goodwill by Segment (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Goodwill [Line Items]    
Beginning Balance $ 2,273,918 $ 2,066,044
Acquisitions/Divestitures 2,822,690 466,182
Foreign Currency Translation/Other 14,344 (258,308)
Ending Balance 5,110,952 2,273,918
Water & Fluid Solutions
   
Goodwill [Line Items]    
Beginning Balance 1,994,781 1,784,100
Acquisitions/Divestitures 429,506 466,182
Foreign Currency Translation/Other 13,420 (255,501)
Ending Balance 2,437,707 1,994,781
Valves & Controls
   
Goodwill [Line Items]    
Beginning Balance 0  
Acquisitions/Divestitures 1,511,616  
Foreign Currency Translation/Other 0  
Ending Balance 1,511,616  
Technical Solutions
   
Goodwill [Line Items]    
Beginning Balance 279,137 281,944
Acquisitions/Divestitures 881,568  
Foreign Currency Translation/Other 924 (2,807)
Ending Balance $ 1,161,629 $ 279,137