Intangible Assets

9 Months Ended

Sep. 30, 2011

Intangible Assets

Note 5.                  Intangible Assets

The table below sets forth the intangible assets by major asset class, all of which were acquired through business purchase transactions:

			September 30, 2011
							Net
	Useful Life		Original		Accumulated		Book
	(Years)		Cost		Amortization		Value
Acquired technologies		9-34	$	121.4	$	45.5	$	75.9
Trade names	indefinite			17.9		--		17.9
Trademarks and patents		5-20		30.2		20.9		9.3
Technical qualifications, plans
and drawings		18-30		30.5		24.8		5.7
Replacement parts annuity
and product approvals		5-30		39.7		35.8		3.9
Customer contracts and relationships		8-30		315.2		41.2		274.0
Covenants not to compete and
other identified intangibles		5-30		5.7		5.5		0.2
			$	560.6	$	173.7	$	386.9

Amortization expense on identifiable intangible assets was approximately $6.3 and $5.2 for the three month periods ended September 30, 2011 and 2010, respectively, and $19.1 and $15.5 for the nine month periods ended September 30, 2011 and 2010, respectively.  The Company expects to report amortization expense of approximately $26.0 in each of the next five fiscal years.  The future amortization amounts are estimates.  Actual future amortization expense may be different due to future acquisitions, impairments, changes in amortization periods or other factors.  The Company expenses costs to renew or extend the term of a recognized intangible asset.