Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2013

Revenues and Operating Earnings by Reportable Segment

The following table presents revenues and operating earnings by reportable segment:

	THREE MONTHS ENDED				SIX MONTHS ENDED
	June 30,		June 30,		June 30,		June 30,
	2013		2012		2013		2012
Revenues
Commercial aircraft	$	431.2	$	392.3	$	851.2	$	767.0
Consumables management		312.7		286.6		639.4		573.4
Business jet		106.4		89.2		201.9		175.0
	$	850.3	$	768.1	$	1,692.5	$	1,515.4
Operating earnings (1)
Commercial aircraft	$	79.7	$	69.9	$	153.9	$	135.4
Consumables management		61.3		55.5		126.1		107.3
Business jet		17.7		12.4		32.3		24.9
		158.7		137.8		312.3		267.6
Interest expense		30.5		33.2		61.1		61.6
Earnings before income taxes	$	128.2	$	104.6	$	251.2	$	206.0

(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				SIX MONTHS ENDED
	June 30,		June 30,		June 30,		June 30,
	2013		2012		2013		2012
Capital expenditures (2)
Commercial aircraft	$	18.3	$	20.6	$	42.3	$	36.3
Consumables management		9.2		6.5		18.9		11.4
Business jet		3.1		3.0		6.6		5.7
	$	30.6	$	30.1	$	67.8	$	53.4

(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:

	June 30,		December 31,
	2013		2012
Goodwill
Commercial aircraft	$	388.9	$	388.4
Consumables management		1,006.0		1,005.8
Business jet		89.9		90.0
	$	1,484.8	$	1,484.2

Total Assets by Reportable Segment

The following table presents total assets by reportable segment:

	June 30,		December 31,
	2013		2012
Total assets (3)
Commercial aircraft	$	1,824.6	$	1,719.1
Consumables management		3,087.3		3,006.7
Business jet		433.0		380.6
	$	5,344.9	$	5,106.4

  (3) Corporate assets (including cash and cash equivalents) of $671.0 and $599.4 at June 30, 2013 and December 31, 2012,   respectively, have been allocated to the above segments in a manner consistent with our corporate expense allocations.