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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Revenues $ 1,102.4 $ 888.1 $ 3,203.1 $ 2,580.6
Cost of sales 736.0 545.8 2,053.4 1,592.4
Selling, general and administrative 146.2 120.0 419.5 349.5
Research, development and engineering 71.7 62.2 213.4 166.3
Operating earnings 148.5 [1] 160.1 [1] 516.8 [1] 472.4 [1]
Operating earnings, as percentage of revenues 13.50% 18.00% 16.10% 18.30%
Interest expense 34.2 30.5 96.5 91.6
Earnings before income taxes 114.3 129.6 420.3 380.8
Income taxes 12.1 36.9 100.5 105.8
Net earnings 102.2 92.7 319.8 275.0
Other comprehensive income (loss):        
Foreign currency translation adjustment and other (82.5) 43.6 (73.2) 12.6
Comprehensive income $ 19.7 $ 136.3 $ 246.6 $ 287.6
Net earnings per common share:        
Basic $ 0.98 $ 0.90 $ 3.08 $ 2.67
Diluted $ 0.98 $ 0.89 $ 3.06 $ 2.65
Weighted average common shares:        
Basic 103.9 103.2 103.9 103.2
Diluted 104.6 104.0 104.5 103.9
[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.