GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

Intangible Assets by Major Asset Class

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

		December 31, 2012						December 31, 2011
						Net						Net
	Useful Life	Original		Accumulated		Book		Original		Accumulated		Book
	(Years)	Cost		Amortization		Value		Cost		Amortization		Value
Customer contracts and
relationships	8-30	$	410.8	$	64.0	$	346.8	$	314.7	$	44.5	$	270.2
Acquired technologies	9-34		127.7		50.6		77.1		128.5		46.5		82.0
Replacement parts annuity
and product approvals	16-22		28.3		25.7		2.6		39.5		36.0		3.5
Technical qualifications,
plans and drawings	15-22		26.9		22.7		4.2		30.4		25.0		5.4
Trademarks and patents	2-20		27.1		19.4		7.7		29.9		21.2		8.7
Covenants not to compete	3-5		3.3		0.8		2.5		5.7		5.6		0.1
Trade names	Indefinite		43.6		-		43.6		19.9		-		19.9
		$	667.7	$	183.2	$	484.5	$	568.6	$	178.8	$	389.8

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2012 and 2011 are as follows:

	Commercial			Consumables			Business
	Aircraft			Management			Jet			Total
Balance as of
December 31, 2010	$	388.5		$	517.3		$	88.7		$	994.5
Acquisitions		4.7			22.1			--			26.8
Dispositions		(6.8	)		--			--			(6.8	)
Effect of foreign
currency translation		(2.2	)		(4.0	)		--			(6.2	)
Balance as of
December 31, 2011		384.2			535.4			88.7			1,008.3
Acquisitions		2.5			450.6			1.5			454.6
Effect of foreign
currency translation		1.7			19.8			(0.2	)		21.3
Balance as of
December 31, 2012	$	388.4		$	1,005.8		$	90.0		$	1,484.2