Plant and Equipment, Goodwill and Other Assets

12 Months Ended

Dec. 31, 2012

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)	2012			2011
Land and land improvements	$	100.0		$	80.3
Buildings		610.5			561.5
Machinery and equipment		1,387.5			1,208.0
Tooling, dies, patterns, etc.		205.3			189.6
Office furniture & equipment		177.1			156.9
Capitalized software		288.3			220.1
Assets under capital leases		102.5			54.3
Construction in progress		251.6			183.4
All other		33.1			33.9
		3,155.9			2,688.0
Accumulated depreciation		(1,390.8	)		(1,187.9	)
Total plant and equipment, net	$	1,765.1		$	1,500.1

Changes in goodwill during 2012 were as follows:

(dollars in millions)	DPS			V&M			PCS			Total
Balance at December 31, 2011	$	438.5		$	318.0		$	858.8		$	1,615.3
Current year acquisitions		249.6			–			–			249.6
Adjustments to the purchase price allocation for prior year acquisitions		67.3			–			(1.0	)		66.3
Impairment		(13.9	)		(0.7	)		–			(14.6	)
Translation		2.9			1.5			2.9			7.3
Balance at December 31, 2012	$	744.4		$	318.8		$	860.7		$	1,923.9

 Other assets consisted of the following:

	December 31,
(dollars in millions)	2012			2011
Deferred income taxes	$	127.6		$	56.3
Other intangibles:
Gross:
Customer relationships		136.3			144.0
Patents and technology		198.0			123.0
Trademarks		71.6			64.2
Noncompete agreements, engineering drawings and other		87.0			103.6
Accumulated amortization		(157.1	)		(125.6	)
Other		95.2			52.2
Total other assets	$	558.6		$	417.7

Amortization expense associated with the Company's other amortizable intangibles recorded as of December 31, 2012 is expected to approximate $49.5 million, $43.2 million, $41.6 million, $40.7 million and $29.4 million for the years ending December 31, 2013, 2014, 2015, 2016 and 2017, respectively.