XML 50 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2013
Revenues and Operating Earnings by Reportable Segment
The following table presents revenues and operating earnings by reportable segment:
 
   
THREE MONTHS ENDED
 
   
March 31,
   
March 31,
 
   
2013
   
2012
 
Revenues
           
  Commercial aircraft
  $ 420.0     $ 374.7  
  Consumables management
    326.7       286.8  
  Business jet
    95.5       85.8  
    $ 842.2     $ 747.3  
                 
Operating earnings (1)
               
  Commercial aircraft
  $ 74.2     $ 65.5  
  Consumables management
    64.8       51.8  
  Business jet
    14.6       12.5  
      153.6       129.8  
Interest expense
    30.6       28.4  
Earnings before income taxes
  $ 123.0     $ 101.4  
 
(1)
Operating earnings include 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.
Capital Expenditures by Reportable Segment
The following table presents capital expenditures by reportable segment:
 
   
THREE MONTHS ENDED
 
   
March 31,
   
March 31,
 
   
2013
   
2012
 
Capital expenditures(2)
           
  Commercial aircraft
  $ 24.0     $ 15.7  
  Consumables management
    9.7       4.9  
  Business jet
    3.5       2.7  
    $ 37.2     $ 23.3  
 
(2)
Corporate capital expenditures 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.
Goodwill by Reportable Segment
The following table presents goodwill by reportable segment:
 
             
   
March 31,
   
December 31,
 
   
2013
   
2012
 
Goodwill
           
  Commercial aircraft
  $ 384.8     $ 388.4  
  Consumables management
    1,004.9       1,005.8  
  Business jet
    90.1       90.0  
    $ 1,479.8     $ 1,484.2  
Total Assets by Reportable Segment
The following table presents total assets by reportable segment:
 
   
March 31,
   
December 31,
 
   
2013
   
2012
 
Total assets (3)
           
  Commercial aircraft
  $ 1,769.9     $ 1,719.1  
  Consumables management
    3,064.3       3,006.7  
  Business jet
    411.9       380.6  
    $ 5,246.1     $ 5,106.4  
 
(3)
Corporate assets (including cash and cash equivalents) of $633.9 and $599.4 at March 31, 2013 and December 31, 2012, respectively, have been allocated to the above segments in a manner consistent with our corporate expense allocations.