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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Revenues and Operating Earnings by Reportable Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

September 30,

 

September 30,

 

    

2015

    

2014

    

2015

    

2014

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial aircraft

 

$

507.8

 

$

513.9

 

$

1,573.2

 

$

1,578.4

Business jet

 

 

172.0

 

 

139.8

 

 

497.2

 

 

382.7

 

 

$

679.8

 

$

653.7

 

$

2,070.4

 

$

1,961.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating earnings(1) 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial aircraft

 

$

66.9

 

$

80.4

 

$

265.0

 

$

271.8

Business jet

 

 

8.3

 

 

(6.9)

 

 

63.2

 

 

30.1

 

 

 

75.2

 

 

73.5

 

 

328.2

 

 

301.9

Corporate allocations related to discontinued operations

 

 

 -

 

 

(9.4)

 

 

 -

 

 

(16.1)

Operating earnings

 

 

75.2

 

 

64.1

 

 

328.2

 

 

285.8

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

 

24.0

 

 

34.2

 

 

72.4

 

 

96.5

Earnings from continuing operations

 

 

 

 

 

 

 

 

 

 

 

 

before income taxes

 

$

51.2

 

$

29.9

 

$

255.8

 

$

189.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital Expenditures by Reportable Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

September 30,

 

September 30,

 

    

2015

    

2014

    

2015

    

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial aircraft

 

$

11.4

 

$

20.6

 

$

47.9

 

$

68.2

Business jet

 

 

3.9

 

 

3.6

 

 

15.4

 

 

17.7

Discontinued operations

 

 

 -

 

 

36.1

 

 

 -

 

 

97.1

 

 

$

15.3

 

$

60.3

 

$

63.3

 

$

183.0

 

Goodwill by Reportable Segment

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

    

2015

    

2014

 

 

 

 

 

 

 

 

 

Commercial aircraft

 

$

374.6

 

$

379.8

 

Business jet

 

 

446.0

 

 

460.6

 

 

 

$

820.6

 

$

840.4

 

 

Total Assets by Reportable Segment

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

    

2015

    

2014

 

 

 

 

 

 

 

 

 

Commercial aircraft

 

$

2,129.0

 

$

2,112.4

 

Business jet

 

 

1,086.5

 

 

1,079.7

 

 

 

$

3,215.5

 

$

3,192.1