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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2012
Net Revenues and Other Financial Information by Business Segment
The following table presents net revenues and other financial information by business segment:

   
Year Ended December 31, 2012
 
   
Commercial
   
Consumables
   
Business
       
   
Aircraft
   
Management
   
Jet
   
Consolidated
 
Net revenues
  $ 1,551.2     $ 1,171.0     $ 363.1     $ 3,085.3  
Operating earnings (1)
    271.3       216.7       52.0       540.0  
Total assets(2)
    1,719.1       3,006.7       380.6       5,106.4  
Goodwill
    388.4       1,005.8       90.0       1,484.2  
Capital expenditures(3)
    92.5       22.6       10.3       125.4  
Depreciation and amortization(3)
    42.3       25.0       7.7       75.0  
 
   
Year Ended December 31, 2011
 
   
Commercial
   
Consumables
   
Business
       
   
Aircraft
   
Management
   
Jet
   
Consolidated
 
Net revenues
  $ 1,302.0     $ 943.5     $ 254.3     $ 2,499.8  
Operating earnings (1)
    216.0       183.1       28.9       428.0  
Total assets(2)
    1,387.0       2,120.2       330.1       3,837.3  
Goodwill
    384.2       535.4       88.7       1,008.3  
Capital expenditures(3)
    51.6       17.6       6.8       76.0  
Depreciation and amortization(3)
    36.0       19.7       6.4       62.1  
 
   
Year Ended December 31, 2010
 
   
Commercial
   
Consumables
   
Business
       
   
Aircraft
   
Management
   
Jet
   
Consolidated
 
Net revenues
  $ 997.5     $ 772.9     $ 213.8     $ 1,984.2  
Operating earnings (1)
    148.7       153.2       14.1       316.0  
Total assets(2)
    1,149.6       1,993.2       275.2       3,418.0  
Goodwill
    388.5       517.3       88.7       994.5  
Capital expenditures(3)
    55.4       9.7       3.8       68.9  
Depreciation and amortization(3)
    29.2       16.9       6.3       52.4  
 
(1) Operating earnings includes an allocation of corporate IT costs, employee benefits and general and administrative costs based on the proportion of each segment’s systems users, number of employees and sales, respectively.
 
(2) Corporate assets (including cash and cash equivalents) of $599.4, $304.6 and $123.8 at December 31, 2012, 2011 and 2010, respectively, have been allocated to the above segments in a manner consistent with our corporate expense allocations. Prior year amounts have been restated to reflect this revised allocation methodology.
 
(3) Corporate capital expenditures and depreciation and amortization have been allocated to the above segments in a manner consistent with our corporate expense allocations. Prior year amounts have been restated to reflect this revised allocation methodology.
Revenues and Operating Earnings Based on Originating Location
The following table presents revenues and operating earnings based on the originating location for the years ended December 31, 2012, 2011 and 2010. Additionally, it presents all identifiable assets related to the operations in each geographic area as of December 31, 2012 and 2011:
 
   
Year Ended December 31,
 
   
2012
   
2011
   
2010
 
Revenues:
                 
Domestic
  $ 2,230.1     $ 1,750.2     $ 1,422.6  
Foreign
    855.2       749.6       561.6  
    $ 3,085.3     $ 2,499.8     $ 1,984.2  
                         
Operating earnings:
                       
Domestic
  $ 334.2     $ 246.9     $ 181.3  
Foreign
    205.8       181.1       134.7  
    $ 540.0     $ 428.0     $ 316.0  
                         
All Identifiable Assets in Each Geographic Area
 
December 31,
         
Identifiable assets:
    2012       2011          
Domestic
  $ 3,817.0     $ 3,128.6          
Foreign
    1,289.4       708.7          
    $ 5,106.4     $ 3,837.3          
 
Revenues by Geographic Area Based on Destination
Revenues by geographic area, based on destination, for the years ended December 31, 2012, 2011, and 2010 were as follows:
 
   
Year Ended December 31,
 
   
2012
   
2011
   
2010
 
       
% of
       
% of
       
% of
 
   
Revenues
 
Revenues
   
Revenues
 
Revenues
   
Revenues
 
Revenues
 
                               
U.S.
  $ 1,499.5     48.6 %   $ 1,296.4     51.9 %   $ 1,005.6     50.7 %
Europe
    755.9     24.5 %     606.0     24.2 %     495.1     25.0 %
Asia, Pacific Rim,
                                         
  Middle East and other
    829.9     26.9 %     597.4     23.9 %     483.5     24.3 %
    $ 3,085.3     100.0 %   $ 2,499.8     100.0 %   $ 1,984.2     100.0 %