Plant and Equipment, Goodwill and Other Assets

12 Months Ended

Dec. 31, 2011

Plant and Equipment, Goodwill and Other Assets [Abstract]

Plant and Equipment, Goodwill and Other Assets

Note 6: Plant and Equipment, Goodwill and Other Assets

Plant and equipment consisted of the following:

	December 31,
(dollars in millions)	2011			2010
Land and land improvements	$	80.3		$	73.8
Buildings		561.5			493.4
Machinery and equipment		1,208.0			1,040.9
Tooling, dies, patterns, etc.		189.6			148.3
Office furniture & equipment		156.9			140.0
Capitalized software		220.1			156.1
Assets under capital leases		54.3			46.2
Construction in progress		183.4			145.0
All other		33.9			42.2
		2,688.0			2,285.9
Accumulated depreciation		(1,187.9	)		(1,038.1	)
Total plant and equipment, net	$	1,500.1		$	1,247.8

Changes in goodwill during 2011 were as follows:

(dollars in millions)	DPS			V&M			PCS		Total
Balance at December 31, 2010	$	306.4		$	322.8		$	846.6	$	1,475.8
Current year acquisitions		134.2			–			8.2		142.4
Translation and other		(2.9	)		(2.4	)		2.4		(2.9	)
Balance at December 31, 2011	$	437.7		$	320.4		$	857.2	$	1,615.3

 Other assets consisted of the following:

	December 31,
(dollars in millions)	2011			2010
Deferred income taxes	$	56.3		$	41.2
Other intangibles:
Gross:
Customer lists		144.0			118.0
Patents and technology		123.0			102.3
Trademarks		64.2			53.2
Noncompete agreements, engineering drawings and other		103.6			82.6
Accumulated amortization		(125.6	)		(100.1	)
Other		52.2			51.4
Total other assets	$	417.7		$	348.6

Amortization expense associated with the Company's capitalized software and other amortizable intangibles recorded as of December 31, 2011 is expected to approximate $35.2 million, $31.8 million, $28.4 million, $21.2 million and $21.1 million for the years ending December 31, 2012, 2013, 2014, 2015 and 2016, respectively.