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Business Segments (Tables)
3 Months Ended
Mar. 31, 2012
Business Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment
The Company's operations are organized into three separate business segments – Drilling & Production Systems (DPS), Valves & Measurement (V&M) and Process & Compression Systems (PCS).  Summary financial data by segment follows (in millions):

   
Three Months Ended
March 31,
 
   
2012
  
2011
 
Revenues:
      
DPS
 $1,042.1  $865.7 
V&M
  491.2   339.9 
PCS
  271.0   295.7 
   $1,804.3  $1,501.3 
          
Income (loss) before income taxes:
        
DPS
 $135.3  $116.3 
V&M
  92.6   55.2 
PCS
  10.6   30.6 
Corporate & other
  (66.7)  (62.2)
   $171.8  $139.9