Curtiss-Wright (CW) 10-Q 1 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 31, 2013
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'Curtiss Wright Corporation	'
Entity Central Index Key	'0000026324	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Amendment Flag	'false	'
Entity common stock shares outstanding	'	47,367,918
Entity well known seasoned issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Net sales	'	'	'	'
Product sales	$502,818	$385,641	$1,500,450	$1,214,541
Service sales	97,849	93,581	310,591	292,728
Total net sales	600,667	479,222	1,811,041	1,507,269
Cost of sales	'	'	'	'
Cost of product sales	340,955	275,142	1,027,695	848,616
Cost of service sales	65,010	62,664	203,923	193,956
Total cost of sales	405,965	337,806	1,231,618	1,042,572
Gross profit	194,702	141,416	579,423	464,697
Research and development expenses	16,054	13,267	49,565	43,965
Selling expenses	38,019	28,009	113,715	93,378
General and administrative expenses	77,742	76,774	257,442	227,889
Operating income	62,887	23,366	158,701	99,465
Interest expense	-9,690	-6,648	-27,681	-19,656
Other income, net	378	-119	1,076	113
Earnings from continuing operations before income taxes	53,575	16,599	132,096	79,922
Provision for income taxes	17,214	5,156	41,422	25,802
Earnings from continuing operations	36,361	11,443	90,674	54,120
Discontinued operations, net of taxes	'	'	'	'
Earnings from discontinued operations	0	0	0	3,059
Gain (loss) on divestiture	0	-144	0	18,172
Earnings (loss) from discontinued operations	0	-144	0	21,231
Net earnings	$36,361	$11,299	$90,674	$75,351
Basic earnings per share	'	'	'	'
Earnings from continuing operations (usd per share)	$0.77	$0.24	$1.94	$1.17
Earnings from discontinued operations (usd per share)	$0	$0	$0	$0.45
Total, Basic earnings per share (usd per share)	$0.77	$0.24	$1.94	$1.62
Diluted earnings per share	'	'	'	'
Earnings from continuing operations (usd per share)	$0.76	$0.24	$1.90	$1.14
Earnings from discontinued operations (usd per share)	$0	$0	$0	$0.45
Total, Diluted earnings per share (usd per share)	$0.76	$0.24	$1.90	$1.59
Dividends per share	$0.10	$0.09	$0.29	$0.26
Weighted average shares outstanding:	'	'	'	'
Basic (shares)	47,081	46,884	46,839	46,795
Diluted (shares)	48,063	47,415	47,685	47,493

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Statement of Comprehensive Income [Abstract]	'		'		'		'
Net earnings	$36,361		$11,299		$90,674		$75,351
Other comprehensive income	'		'		'		'
Foreign currency translation, net of tax (1)	33,886	[1]	23,614	[1]	-7,864	[1]	23,711	[1]
Pension and postretirement adjustments, net of tax (2)	-13,982	[2]	1,688	[2]	41,669	[2]	5,146	[2]
Other comprehensive income, net of tax	19,904		25,302		33,805		28,857
Comprehensive income	$56,265		$36,601		$124,479		$104,208
[1]	The tax benefit (expense) included in other comprehensive income for foreign currency translation adjustments for the three and nine months ended, September 30, 2013 were ($1.4) million and $(1.5) million, respectively. The tax benefit (expense) included in other comprehensive income for foreign currency translation adjustments for the three and nine months ended, September 30, 2012 were and $4.8 million and $3.4 million, respectively.
[2]	The tax benefit (expense) included in other comprehensive income for pension and postretirement adjustments for the three and nine months ended September 30, 2013 were ($20.6) million and ($23.5) million, respectively. The tax benefit (expense) included in other comprehensive income for pension and postretirement adjustments for the three and nine months ended September 30, 2012 were and ($0.9) million and ($2.9) million, respectively.

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parentheticals) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Statement of Comprehensive Income [Abstract]	'	'	'	'
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	($1.40)	$4.80	($1.50)	$3.40
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax, Portion Attributable to Parent	($20.60)	($0.90)	($23.50)	($2.90)

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$171,362	$112,023
Receivables, net	567,259	578,313
Inventories, net	456,884	397,471
Deferred tax assets, net	49,372	50,760
Other current assets	50,352	37,194
Total current assets	1,295,229	1,175,761
Property, plant, and equipment, net	504,413	489,593
Goodwill	1,047,880	1,013,300
Other intangible assets, net	425,620	419,021
Deferred tax assets, net	1,228	1,709
Other assets	14,796	15,204
Total assets	3,289,166	3,114,588
Current liabilities:	'	'
Current portion of long-term debt and short-term debt	1,227	128,225
Accounts payable	163,130	157,825
Dividends payable	4,738	0
Accrued expenses	136,506	131,067
Income taxes payable	5,677	7,793
Deferred revenue	158,321	171,624
Other current liabilities	31,992	43,214
Total current liabilities	501,591	639,748
Long-term debt	918,778	751,990
Deferred tax liabilities, net	88,694	50,450
Accrued pension and other postretirement benefit costs	193,293	264,047
Long-term portion of environmental reserves	15,397	14,905
Other liabilities	119,256	80,856
Total liabilities	1,837,009	1,801,996
Stockholders' Equity	'	'
Common stock, $1 par value	49,190	49,190
Additional paid in capital	150,663	151,883
Retained earnings	1,338,421	1,261,377
Accumulated other comprehensive loss	-21,703	-55,508
Cost of treasury stock	-64,414	-94,350
Total stockholders' equity	1,452,157	1,312,592
Total liabilities and stockholders' equity	$3,289,166	$3,114,588

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]	'	'
Common stock, par value (usd per share)	$1	$1

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net earnings	$90,674	$75,351
Adjustments to reconcile net earnings to net cash provided by operating activities:	'	'
Depreciation and amortization	89,660	69,154
Gain on divestiture	0	-29,198
Net loss on sale of assets	40	663
Deferred income taxes	5,880	1,294
Share-based compensation	5,475	7,469
Impairment of assets	0	4,836
Change in operating assets and liabilities, net of businesses acquired and divested:	'	'
Accounts receivable, net	26,388	17,104
Inventories, net	-36,335	-36,837
Progress payments	-7,589	-9,421
Accounts payable and accrued expenses	-6,803	-28,455
Deferred revenue	-13,303	-6,807
Income taxes payable	-11,672	2,479
Net pension and postretirement liabilities	-12,152	-9,954
Other current and long-term assets and liabilities	4,123	-3,740
Net cash provided by operating activities	134,386	53,938
Cash flows from investing activities:	'	'
Proceeds from sales and disposals of long lived assets	1,542	977
Proceeds from divestiture	0	52,123
Acquisitions of intangible assets	0	-2,439
Additions to property, plant, and equipment	-57,876	-56,043
Acquisition of businesses, net of cash acquired	-101,230	-6,231
Additional consideration of prior period acquisitions	-6,303	-1,152
Net cash used for investing activities	-163,867	-12,765
Cash flows from financing activities:	'	'
Borrowings under revolving credit facility	610,735	0
Borrowings on debt	500,000	0
Payment of revolving credit facility	-906,907	0
Principal payments on debt	-125,024	-76
Repurchases of common stock	0	-4,974
Proceeds from share-based compensation	21,556	14,113
Dividends paid	-8,892	-7,967
Excess tax benefits from share-based compensation plans	773	22
Net cash provided by financing activities	92,241	1,118
Effect of exchange-rate changes on cash	-3,421	2,868
Net increase in cash and cash equivalents	59,339	45,159
Cash and cash equivalents at beginning of period	112,023	194,387
Cash and cash equivalents at end of period	171,362	239,546
Supplemental disclosure of non-cash activities:	'	'
Capital expenditures incurred but not yet paid	$1,500	$3,670

CONDENSED_CONSOLIDATED_STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) (USD $)	Total	Common Stock Member	Additional Paid In Capital Member	Retained Earnings Member	Accumulated Other Comprehensive Loss Member	Treasury Stock Member
In Thousands, unless otherwise specified
Beginning Balance at Dec. 31, 2011	'	$48,879	$143,192	$1,163,925	($65,131)	($85,890)
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'
Net earnings	'	'	'	113,844	'	'
Other comprehensive income, net of tax	9,623	'	'	'	9,623	'
Dividends paid/declared	'	'	'	-16,392	'	'
Stock options exercised, net of tax	'	311	6,431	'	'	10,077
Restricted stock	'	'	-6,233	'	'	6,233
Share-based compensation	'	'	8,907	'	'	521
Repurchases of common stock	'	'	'	'	'	-25,705
Other	'	'	-414	'	'	414
Ending Balance at Dec. 31, 2012	1,312,592	49,190	151,883	1,261,377	-55,508	-94,350
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'
Net earnings	90,674	'	'	90,674	'	'
Other comprehensive income, net of tax	33,805	'	'	'	33,805	'
Dividends paid/declared	'	'	'	-13,630	'	'
Stock options exercised, net of tax	'	0	-2,917	'	'	26,158
Restricted stock	'	'	-3,028	'	'	3,028
Share-based compensation	'	'	5,055	'	'	420
Other	'	'	-330	'	'	330
Ending Balance at Sep. 30, 2013	$1,452,157	$49,190	$150,663	$1,338,421	($21,703)	($64,414)

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	Curtiss-Wright Corporation and its subsidiaries (the Corporation or the Company) is a diversified, multinational manufacturing and service company that designs, manufactures, and overhauls precision components and systems and provides highly engineered products and services to the aerospace, defense, automotive, shipbuilding, processing, oil, petrochemical, agricultural equipment, railroad, power generation, security, and metalworking industries.
	The unaudited condensed consolidated financial statements include the accounts of Curtiss-Wright and its majority-owned subsidiaries.  All intercompany transactions and accounts have been eliminated.
	On March 30, 2012, the Corporation sold its heat treating business to Bodycote plc.  The Corporation divested this non-core cyclical business to focus on higher technology engineered services such as specialty coatings and materials testing.  As a result of the divestiture, the results of operations for the heat treating business, which were previously reported as part of the Surface Technologies segment, have been reclassified as discontinued operations for all periods presented. Please refer to Footnote 3 of the Corporation's Condensed Consolidated Financial Statements for further information.
	The unaudited condensed consolidated financial statements of the Corporation have been prepared in conformity with accounting principles generally accepted in the United States of America, which requires management to make estimates and judgments that affect the reported amount of assets, liabilities, revenue, and expenses and disclosure of contingent assets and liabilities in the accompanying financial statements. Actual results may differ from these estimates. The most significant of these estimates includes the estimate of costs to complete long-term contracts under the percentage-of-completion accounting methods, the estimate of useful lives for property, plant, and equipment, cash flow estimates used for testing the recoverability of assets, pension plan and postretirement obligation assumptions, estimates for inventory obsolescence, estimates for the valuation and useful lives of intangible assets, warranty reserves, legal reserves, and the estimate of future environmental costs. Changes in estimates of contract sales, costs, and profits are recognized using the cumulative catch-up method of accounting. This method recognizes in the current period the cumulative effect of the changes on current and prior periods. Accordingly, the effect of the changes on future periods of contract performance is recognized as if the revised estimate had been the original estimate. During the three and nine months ended September 30, 2012, the Corporation incurred unanticipated additional costs, within its Flow Control segment, of $12.2 million and $20.3 million, respectively, on its long-term contract with Westinghouse for disassembly, inspection, and packaging costs related to the reactor coolant pumps (RCP) that the Corporation is supplying for the AP1000 nuclear power plants in China. In the opinion of management, all adjustments considered necessary for a fair presentation have been reflected in these financial statements.
	The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s 2012 Annual Report on Form 10-K.  The results of operations for interim periods are not necessarily indicative of trends or of the operating results for a full year.
	Corrections to Prior Years Amounts
	The presentation of net sales and cost of sales in the prior year's statement of earnings has been corrected to separately present the components of product and service revenues and costs of sales. This change in presentation did not affect total revenues, total cost of sales, total gross profit, operating income, or net earnings.
	Out of Period Correction of an Immaterial Error Related to Three and Six Month Periods ended June 30, 2013
	In the third quarter of 2013, the Corporation recorded an out of period adjustment related to the three and six month periods ended June 30, 2013 of $18 million to decrease comprehensive income and increase our deferred tax liability to reflect the tax impact of a May 31, 2013 amendment to our Curtiss-Wright Pension Plan which required a plan remeasurement. This error did not affect our condensed consolidated statement of net earnings or condensed consolidated statements of cash flows for the three and nine month periods ended September 30, 2013 or the three and six month periods ended June 30, 2013.  The Corporation evaluated the effects of this error on the June 30, 2013 condensed consolidated financial statements and based on an analysis of quantitative and qualitative factors, the Corporation determined that the error was not material and, therefore, amendment of previously filed reports is not required.
	RECENTLY ISSUED ACCOUNTING STANDARDS
	ADOPTION OF NEW STANDARDS
	Other Comprehensive Income:  Presentation of Comprehensive Income
	In February 2013, new guidance was issued that amends the current comprehensive income guidance.  The new guidance requires entities to disclose the effect of each item that was reclassified in its entirety out of accumulated other comprehensive income and into net income on each affected net income line item.  For reclassification items that are not reclassified in their entirety into net income, a cross-reference to other required disclosures is required. The new guidance is to be applied prospectively for annual reporting periods beginning after December 15, 2012 and interim periods within those years.  The adoption of this new guidance did not have an impact on the Corporation’s consolidated financial position, results of operations, or cash flows.

ACQUISITION

ACQUISITION	9 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]	'
ACQUISITION	'
	ACQUISITION
	The Corporation continually evaluates potential acquisitions that either strategically fit within the Corporation’s existing portfolio or expand the Corporation’s portfolio into new product lines or adjacent markets.  The Corporation has completed a number of acquisitions that have been accounted for as business combinations and have resulted in the recognition of goodwill in the Corporation's financial statements.  This goodwill arises because the purchase prices for these businesses reflect the future earnings and cash flow potential in excess of the earnings and cash flows attributable to the current product and customer set at the time of acquisition.  Thus, goodwill inherently includes the know-how of the assembled workforce, the ability of the workforce to further improve the technology and product offerings, and the expected cash flows resulting from these efforts.  Goodwill may also include expected synergies resulting from the complementary strategic fit these businesses bring to existing operations.
	The Corporation allocates the purchase price at the date of acquisition based upon its understanding of the fair value of the acquired assets and assumed liabilities. In the months after closing, as the Corporation obtains additional information about these assets and liabilities, including through tangible and intangible asset appraisals, and as the Corporation learns more about the newly acquired business, it is able to refine the estimates of fair value and more accurately allocate the purchase price.  Only items identified as of the acquisition date are considered for subsequent adjustment.  The Corporation will make appropriate adjustments to the purchase price allocation prior to completion of the measurement period, as required.
	Flow Control
	2013 Acquisitions
	Gulf33 Valve Pros, LLC
	On September 16, 2013, the Corporation acquired the assets of Gulf33 for $4.1 million, with a portion of the purchase price held back as security for potential indemnification claims against the seller. Management funded the purchase from the Corporation's revolving credit facility.
	Based in Louisiana, Gulf33 provides valve repair and maintenance services to the offshore oil and gas market, and will operate within the Oil & Gas division of the Flow Control segment.
	The Corporation recorded $2.0 million of goodwill in connection with the transaction. Revenues of the acquired business were approximately $4.0 million in 2012.
	Phönix Group
	On February 28, 2013, the Corporation acquired all the outstanding shares of Phönix Holding GmbH for $97.9 million, net of cash acquired.  The Share Purchase and Transfer Agreement contains a purchase price adjustment mechanism and representations and warranties customary for a transaction of this type, including a portion of the purchase price deposited into escrow as security for potential indemnification claims against the seller.  Management funded the purchase from the Corporation’s revolving credit facility and excess cash at foreign locations.
	Phönix, headquartered in Germany, is a designer and manufacturer of valves, valve systems and related support services to the global chemical, petrochemical and power (both conventional and nuclear) markets.  Phönix has 282 employees and operates Phönix Valves in Volkmarsen, Germany; Strack, located in Barleben, Germany; and Daume Control Valves, located in Hanover, Germany. Phönix also owns sales subsidiaries with warehouses in Texas and France.
	Revenues of the acquired business were approximately $60.0 million in 2012. The business operates within the Marine & Power Products Division of Curtiss-Wright's Flow Control segment.
	The amounts of net sales and net loss included in the Corporation’s consolidated statement of earnings from the acquisition date to the period ended September 30, 2013 are $36.4 million and $1.6 million, respectively.
	The purchase price of the acquisition has been allocated to the net tangible and intangible assets acquired with the remainder recorded as goodwill on the basis of estimated fair values, as follows:
	(In thousands)	Phönix
	Accounts receivable	$	12,226
	Inventory	20,358
	Property, plant, and equipment	12,575
	Other current and non-current assets	2,153
	Intangible assets	42,791
	Current and non-current liabilities	(8,153		)
	Pension and postretirement benefits	(6,472		)
	Deferred income taxes	(13,746		)
	Net tangible and intangible assets	61,732
	Purchase price	97,886
	Goodwill	$	36,154
	Amount of tax deductible goodwill	$	—
	Supplemental Pro Forma Statements of Operations Data
	The assets, liabilities and results of operations of the businesses acquired in 2013 were not material to the Corporation’s consolidated financial position or results of operations, and therefore pro forma financial information for the Phonix and Gulf33 acquisitions are not presented.
	The following table presents unaudited consolidated pro forma financial information for the combined results of the Corporation and its completed business acquisitions during the year ended December 31, 2012 as if the acquisitions had occurred on January 1, 2012 for purposes of the financial information presented for the periods ended September 30, 2012.
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
	(In thousands, except per share data)	2012			2012
	Net sales	$	561,997		$	1,759,248
	Net earnings from continuing operations	13,131			60,591
	Diluted earnings per share from continuing operations	0.28			1.28
	The unaudited pro forma consolidated results were prepared using the acquisition method of accounting and are based on historical financial information.  The unaudited pro forma consolidated results are not necessarily indicative of what our consolidated results of operations actually would have been had we completed the acquisition on January 1, 2012. In addition, the unaudited pro forma consolidated results do not purport to project the future results of operations of the combined company nor do they reflect the expected realization of any cost savings associated with the acquisition. The unaudited pro forma consolidated results reflect primarily the following pro forma pre-tax adjustments:
	•	Additional amortization expense related to the fair value of identifiable intangible assets acquired of approximately $3.3 million and $9.7 million for the three and nine months ended, September 30, 2012, respectively.
	•	Elimination of historical interest expense of approximately $0.9 million and $2.9 million for the three and nine months ended, September 30, 2012, respectively.
	•	Additional interest expense associated with the incremental borrowings that would have been incurred to acquire these companies as of January 1, 2012 of $4.6 million and $13.6 million for the three and nine months ended, September 30, 2012, respectively.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	DISCONTINUED OPERATIONS
	On March 30, 2012, the Corporation sold the assets and real estate of its heat treating business, which had been reported in the Surface Technologies segment, to Bodycote plc.  The Corporation divested this non-core business to focus on higher technology services such as specialty coatings and materials testing.  The heat treating business’ operating results are included in discontinued operations in the Corporation's Condensed Consolidated Statements of Earnings for all periods presented.
	Components of earnings from discontinued operations were as follows:
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
		2012			2012
	Net sales	$	—		$	10,785
	Earnings from discontinued operations before income taxes	—			4,929
	Provision for income taxes	—			(1,870		)
	Gain (loss) on divestiture, net of taxes (1)	(144		)	18,172
	Earnings (loss) from discontinued operations	$	(144	)	$	21,231
	(1) Net of year-to-date 2012 taxes of $11 million

RECEIVABLES

RECEIVABLES	9 Months Ended
	Sep. 30, 2013
Receivables [Abstract]	'
RECEIVABLES	'
	RECEIVABLES
	Receivables primarily include amounts billed to customers, unbilled charges on long-term contracts consisting of amounts recognized as sales but not billed, and other receivables.  Substantially all amounts of unbilled receivables are expected to be billed and collected within one year. An immaterial amount of unbilled receivables are subject to retainage provisions. The amount of claims and unapproved change orders within our receivables balances are immaterial.
	The composition of receivables is as follows:
		(In thousands)
		September 30, 2013			December 31, 2012
	Billed receivables:
	Trade and other receivables	$	400,230		$	402,891
	Less: Allowance for doubtful accounts	(6,979		)	(7,013		)
	Net billed receivables	393,251			395,878
	Unbilled receivables:
	Recoverable costs and estimated earnings not billed	195,385			207,679
	Less: Progress payments applied	(21,377		)	(25,244		)
	Net unbilled receivables	174,008			182,435
	Receivables, net	$	567,259		$	578,313

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2013
Inventory, Net [Abstract]	'
INVENTORIES	'
	INVENTORIES
	Inventoried costs contain amounts relating to long-term contracts and programs with long production cycles, a portion of which will not be realized within one year. Long term contract inventory includes an immaterial amount of claims or other similar items subject to uncertainty concerning their determination or realization. Inventories are valued at the lower of cost (principally average cost) or market. The composition of inventories is as follows:
		(In thousands)
		30-Sep-13			31-Dec-12
	Raw materials	$	234,423		$	224,613
	Work-in-process	114,203			92,761
	Finished goods and component parts	118,082			107,173
	Inventoried costs related to long-term contracts	55,695			38,000
	Gross inventories	522,403			462,547
	Less:  Inventory reserves	(54,498		)	(50,333		)
	Progress payments applied	(11,021		)	(14,743		)
	Inventories, net	$	456,884		$	397,471
	As of September 30, 2013 and December 31, 2012, inventory also includes capitalized contract development costs of $30.5 million and $23.8 million, respectively, related to certain aerospace and defense programs.  These capitalized costs will be liquidated as production units are delivered to the customer.  As of September 30, 2013 and December 31, 2012, $5.2 million and $5.4 million, respectively, are scheduled to be liquidated under existing firm orders.

GOODWILL

GOODWILL	9 Months Ended
	Sep. 30, 2013
Goodwill [Abstract]	'
GOODWILL	'
	GOODWILL
	The Corporation accounts for acquisitions by assigning the purchase price to acquired tangible and intangible assets and liabilities. Assets acquired and liabilities assumed are recorded at their fair values, and the excess of the purchase price over the amounts assigned is recorded as goodwill.
	The changes in the carrying amount of goodwill for the nine months ended September 30, 2013 are as follows:
		(In thousands)
		Flow Control			Controls			Surface Technologies			Consolidated
	December 31, 2012	$	418,184		$	541,226		$	53,890		$	1,013,300
	Acquisitions	38,149			—			—			38,149
	Goodwill adjustments	1,378			(1,372		)	525			531
	Foreign currency translation adjustment	(498		)	(3,592		)	(10		)	(4,100		)
	September 30, 2013	$	457,213		$	536,262		$	54,405		$	1,047,880

OTHER_INTANGIBLE_ASSETS_NET

OTHER INTANGIBLE ASSETS, NET	9 Months Ended
	Sep. 30, 2013
Intangible Assets, Net (Excluding Goodwill) [Abstract]	'
OTHER INTANGIBLE ASSETS, NET	'
	OTHER INTANGIBLE ASSETS, NET
	The following tables present the cumulative composition of the Corporation’s intangible assets:
		(In thousands)
	September 30, 2013	Gross		Accumulated Amortization			Net
	Technology	$	205,169	$	(85,290	)	$	119,879
	Customer related intangibles	381,203		(118,690		)	262,513
	Other intangible assets	65,036		(21,808		)	43,228
	Total	$	651,408	$	(225,788	)	$	425,620
		(In thousands)
	December 31, 2012	Gross		Accumulated Amortization			Net
	Technology	$	186,869	$	(76,067	)	$	110,802
	Customer related intangibles	337,558		(95,880		)	241,678
	Other intangible assets	86,157		(19,616		)	66,541
	Total	$	610,584	$	(191,563	)	$	419,021
	During the first nine months of 2013, the Corporation acquired intangible assets of $44.1 million. The Corporation acquired Technology of $12.6 million, Customer related intangibles of $28.8 million, and Other intangibles of $2.7 million, which have a weighted average amortization period of 15, 16.2, and 6.9 years, respectively.
	Total intangible amortization expense for the nine months ended September 30, 2013 was $36.0 million as compared to $22.2 million in the prior year period.  The estimated amortization expense for the five years ending December 31, 2013 through 2017 is $48.4 million, $41.6 million, $39.6 million, $38.7 million, and $38.2 million, respectively.

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	FAIR VALUE OF FINANCIAL INSTRUMENTS
	Forward Foreign Exchange and Currency Option Contracts
	The Corporation has foreign currency exposure primarily in the United Kingdom, Europe, and Canada.  The Corporation uses financial instruments, such as forward and option contracts, to hedge a portion of existing and anticipated foreign currency denominated transactions.  The purpose of the Corporation’s foreign currency risk management program is to reduce volatility in earnings caused by exchange rate fluctuations.  Guidance on accounting for derivative instruments and hedging activities requires companies to recognize all of the derivative financial instruments as either assets or liabilities at fair value in the Condensed Consolidated Balance Sheets based upon quoted market prices for comparable instruments.
	Interest Rate Risks and Related Strategies
	The Corporation’s primary interest rate exposure results from changes in U.S. dollar interest rates. The Corporation’s policy is to manage interest cost using a mix of fixed and variable rate debt. The Corporation periodically uses interest rate swaps to manage such exposures. Under these interest rate swaps, the Corporation exchanges, at specified intervals, the difference between fixed and floating interest amounts calculated by reference to an agreed-upon notional principal amount.
	For interest rate swaps designated as fair value hedges (i.e., hedges against the exposure to changes in the fair value of an asset or a liability or an identified portion thereof that is attributable to a particular risk), changes in the fair value of the interest rate swaps offset changes in the fair value of the fixed rate debt due to changes in market interest rates.
	In March 2013, the Corporation entered into fixed-to-floating interest rate swap agreements to convert the interest payments of (i) the $100 million, 3.85% notes, due February 26, 2025, from a fixed rate to a floating interest rate based on 1-Month LIBOR plus a 1.77% spread, and (ii) the $75 million, 4.05% notes, due February 26, 2028, from a fixed rate to a floating interest rate based on 1-Month LIBOR plus a 1.73% spread.
	In January 2012, the Corporation entered into fixed-to-floating interest rate swap agreements to convert the interest payments of (i) the $200 million, 4.24% notes, due December 1, 2026, from a fixed rate to a floating interest rate based on 1-Month LIBOR plus a 2.02% spread, and (ii) $25 million of the $100 million, 3.84% notes, due December 1, 2021, from a fixed rate to a floating interest rate based on 1-Month LIBOR plus a 1.90% spread.
	The notional amounts of the Corporation’s outstanding interest rate swaps designated as fair value hedges were $400 million at September 30, 2013.
	The fair value accounting guidance requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories:
	Level 1: Quoted market prices in active markets for identical assets or liabilities that the company has the ability to access.
	Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data such as quoted prices, interest rates and yield curves.
	Level 3: Inputs are unobservable data points that are not corroborated by market data.
	Based upon the fair value hierarchy, all of the forward foreign exchange contracts and interest rate swaps are valued at a Level 2.
	Effects on Consolidated Balance Sheets
	The location and amounts of derivative instrument fair values in the condensed consolidated balance sheet are below.
		(In thousands)
		September 30, 2013				December 31, 2012
	Assets
	Designated for hedge accounting
	Interest rate swaps	$	—			$	677
	Undesignated for hedge accounting
	Forward exchange contracts	$	184			$	250
	Total asset derivatives (A)	$	184			$	927
	Liabilities
	Designated for hedge accounting
	Interest rate swaps	$	39,679			$	1,419
	Undesignated for hedge accounting
	Forward exchange contracts	$	251			$	170
	Total liability derivatives (B)	$	39,930			$	1,589
	(A)Forward exchange derivatives are included in Other current assets and interest rate swap assets are included in Other assets.
	(B)Forward exchange derivatives are included in Other current liabilities and interest rate swap liabilities are included in Other liabilities.
	Effects on Condensed Consolidated Statements of Earnings
	Fair value hedge
	The location and amount of gains or losses on the hedged fixed rate debt attributable to changes in the market interest rates and the offsetting gain (loss) on the related interest rate swaps for the three and nine months ended September 30, were as follows:
			(In thousands)
			Gain/(Loss) on Swap														Gain/(Loss) on Borrowings
			Three Months Ended								Nine Months Ended						Three Months Ended				Nine Months Ended
			September 30,								September 30,						September 30,				September 30,
	Income Statement Classification		2013				2012				2013				2012		2013		2012		2013		2012
	Other income, net		$	(3,106	)		$	(20	)		$	(39,679	)		$	1,771	$	3,106	$	20	$	39,679	$	(1,771	)
	Undesignated hedges
	The location and amount of gains and losses recognized in income on forward exchange derivative contracts not designated for hedge accounting for the three and nine months ended September 30, were as follows:
			(In thousands)
			Three Months Ended								Nine Months Ended
			September 30,								September 30,
	Derivatives not designated as hedging instrument		2013				2012				2013				2012
	Forward exchange contracts:
	General and administrative expenses		$	2,143			$	2,082			$	(3,693	)		$	1,912
	Debt
	The estimated fair value amounts were determined by the Corporation using available market information that is primarily based on quoted market prices for the same or similar issues as of September 30, 2013.  Accordingly, all of the Corporation’s debt is valued at a Level 2.  The fair values described below may not be indicative of net realizable value or reflective of future fair values.  Furthermore, the use of different methodologies to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date.
	The carrying amount of the variable interest rate debt approximates fair value as the interest rates are reset periodically to reflect current market conditions.
	On February 26, 2013, the Corporation issued $400 million of Senior Notes (the 2013 Notes).  The 2013 Notes consist of $225 million of 3.70% Senior Notes that mature on February 26, 2023, $100 million of 3.85% Senior Notes that mature on February 26, 2025, and $75 million of 4.05% Senior Notes that mature on February 26, 2028.  An additional $100 million of 4.11% Senior Notes that mature on September 26, 2028, were issued on September 26, 2013. The 2013 Notes are senior unsecured obligations, equal in right of payment to the Corporation's existing senior indebtedness. The Corporation, at its option, can prepay at any time all or any part of the 2013 Notes, subject to a make-whole payment in accordance with the terms of the Note Purchase Agreement.  In connection with the issuance of the 2013 Notes, the Corporation paid customary fees that have been deferred and are being amortized over the term of the 2013 Notes.  Under the terms of the Note Purchase Agreement, the Corporation is required to maintain certain financial ratios, the most restrictive of which is a debt to capitalization limit of 60%. The debt to capitalization ratio is calculated using the same formula for all of the Corporation's debt agreements and is a measure of the Corporation's indebtedness, as defined per the notes purchase agreement and credit agreement, to capitalization, where capitalization equals debt plus equity. The Corporation had the ability to borrow additional debt of $1.2 billion without violating our debt to capitalization covenant. The 2013 Notes also contain a cross default provision with respect to the Corporation’s other senior indebtedness.
		September 30, 2013								December 31, 2012
		Carrying Value				Estimated Fair Value				Carrying Value				Estimated Fair Value
	Industrial revenue bond, due 2023	$	8,400			$	8,400			$	8,400			$	8,400
	Revolving credit agreement, due 2017	—				—				286,800				286,800
	5.74% Senior notes due 2013	—				—				125,011				128,198
	5.51% Senior notes due 2017	150,000				164,174				150,000				168,491
	3.84% Senior notes due 2021	99,075				99,075				100,677				100,677
	3.70% Senior notes due 2023	225,000				218,520				—				—
	3.85% Senior notes due 2025	91,065				91,065				—				—
	4.24% Senior notes due 2026	178,668				178,668				198,581				198,581
4.05% Senior notes due 2028	66,513				66,513				—				—
4.11% Senior notes due 2028	100,000				91,244
Other debt	1,285				1,285				10,746				10,746
Total debt	$	920,006			$	918,944			$	880,215			$	901,893

WARRANTY_RESERVES

WARRANTY RESERVES	9 Months Ended
	Sep. 30, 2013
Product Warranties Disclosures [Abstract]	'
WARRANTY RESERVES	'
	WARRANTY RESERVES
	The Corporation provides its customers with warranties on certain products.  Estimated warranty costs are charged to expense in the period the related revenue is recognized based on quantitative historical experience.  Estimated warranty costs are reduced as these costs are incurred and as the warranty period expires or may be otherwise modified as specific product performance issues are identified and resolved.  Warranty reserves are included within Other current liabilities in the Condensed Consolidated Balance Sheets.  The following table presents the changes in the Corporation’s warranty reserves:
		(In thousands)
		2013			2012
	Warranty reserves at January 1,	$	18,169		$	16,076
	Provision for current year sales	6,018			5,495
	Current year claims	(5,846		)	(4,056		)
	Change in estimates to pre-existing warranties	(2,615		)	(2,242		)
	Increase due to acquisitions	—			75
	Foreign currency translation adjustment	(84		)	99
	Warranty reserves at September 30,	$	15,642		$	15,447

FACILITIES_RELOCATION_AND_REST

FACILITIES RELOCATION AND RESTRUCTURING	9 Months Ended
	Sep. 30, 2013
Restructuring Reserve [Abstract]	'
FACILITIES RELOCATION AND RESTRUCTURING	'
	FACILITIES RELOCATION AND RESTRUCTURING
	2012 Restructuring Initiative
	The Corporation focuses on being the low-cost provider of its products by reducing operating costs and implementing lean manufacturing initiatives, which have in part led to the involuntary termination of certain positions and the consolidation of facilities and product lines.
	During the third quarter of 2012, the Corporation recorded restructuring costs by segment as follows:
		(In thousands)
		Three Months Ended
		September 30, 2012
		Flow Control		Controls		Surface Technologies		Consolidated
	Cost of sales	$	18	$	215	$	769	$	1,002
	Selling expenses		512		153		32		697
	General and administrative		—		—		—		—
	Total	$	530	$	368	$	801	$	1,699
	During the nine months ended of 2012, the Corporation recorded restructuring costs by segment as follows:
		(In thousands)
		Nine Months Ended
		September 30, 2012
		Flow Control		Controls		Surface Technologies		Consolidated
	Cost of sales	$	1,303	$	2,351	$	1,163	$	4,817
	Selling expenses		312		—		—		312
	General and administrative		1,649		1,075		4,879		7,603
	Total	$	3,264	$	3,426	$	6,042	$	12,732
	The components of the restructuring costs by segment are as follows:
	Flow Control
	During the three and nine month periods ended September 30, 2012, the Flow Control segment recorded $0.5 million and $3.3 million, respectively, of restructuring charges, primarily for severance and benefits costs associated with headcount reductions to streamline operations.
	Controls
	During the three and nine month periods ended September 30, 2012, the Controls segment recorded $0.4 million and $3.4 million, respectively, of restructuring charges, primarily for severance and benefits costs associated with headcount reductions to streamline operations.
	Surface Technologies
	During the three and nine month periods ended September 30, 2012, the Surface Technologies segment recorded $0.8 million and $6.0 million, respectively, of restructuring charges. The $6.0 million of restructuring charges recorded during the nine month period ended September 30, 2012, includes non-cash charges of $4.8 million recorded during the second quarter of 2012, primarily related to fixed asset write-downs. The remainder of the restructuring charges were primarily associated with severance and benefits costs related to headcount reductions.
	In June of 2013, the Corporation entered into a lease termination agreement for the facility that was vacated as part of the 2012 restructuring initiative. The lease termination payment was made in July, resulting in a $3.7 million decrease to the restructuring liability, which is reflected in Other current liabilities of the Corporation’s Condensed Consolidated Balance Sheet.
	Nonrecurring measurements
	In connection with our 2012 restructuring initiative, during the second quarter of 2012, the Corporation announced a plan to cease operations at a certain facility within our Surface Technologies segment by the fourth quarter of 2012. This decision resulted in a reduction of the useful life of the asset group at the facility. In accordance with the provisions of the Impairment or Disposal of Long-Lived Assets guidance of FASB Codification Subtopic 360-10, long-lived assets held and used with a carrying amount of $4.8 million were written down to their fair value of zero, resulting in an impairment charge of $4.8 million. The fair value of the impairment charge was determined using the income approach over the reduced useful life of the asset group. In accordance with the fair value hierarchy, the impairment charge is classified as a Level 3 measurement as it is based on significant other observable inputs.

PENSION_AND_OTHER_POSTRETIREME

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS	9 Months Ended
	Sep. 30, 2013
General Discussion of Pension and Other Postretirement Benefits [Abstract]	'
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS	'
	PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
	The following tables are consolidated disclosures of all domestic and foreign defined pension plans as described in the Corporation’s 2012 Annual Report on Form 10-K.  The postretirement benefits information includes the domestic Curtiss-Wright Corporation and EMD postretirement benefit plans, as there are no foreign postretirement benefit plans.
	Pension Plans
	The components of net periodic pension cost for the three and nine months ended September 30, 2013 and 2012 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	8,449		$	10,061		$	30,167		$	30,194
	Interest cost	7,163			6,564			20,679			19,695
	Expected return on plan assets	(9,306		)	(8,382		)	(27,067		)	(25,152		)
	Amortization of prior service cost	165			300			719			901
	Amortization of unrecognized actuarial loss	3,560			2,755			11,767			8,266
	Curtailments	(2,818		)	—			(107		)	—
	Net periodic benefit cost	$	7,213		$	11,298		$	36,158		$	33,904
	In May 2013, the Corporation's Board of Directors approved an amendment to the CW Pension Plan.   The amendment, which is effective January 1, 2014, changes the time period used to calculate final and career average pay formulas and resulted
	in a $3 million reduction to the projected benefit obligation of the plan and a second quarter 2013 curtailment charge of $2 million. The plan amendments also required a remeasurement of the assets and liabilities of the Curtiss-Wright Pension Plan.  Due to favorable asset performance and an increase in the discount rate, the remeasurement decreased the pension liability by $45 million in the second quarter of 2013. The tax impact of the remeasurement was $18 million and recorded during the third quarter of 2013 as an out of period adjustment. The combined impact of the amendment, curtailment, and remeasurement resulted in a gain in Accumulated other comprehensive income, net of tax, of $32 million.
	In September 2013, the Corporation amended the Metal Improvement Company - Salaried Staff pension Scheme (U.K.) and the Penny & Giles Pension Plan (U.K.) to cease the accrual of future benefits effective December 31, 2013. The amendments to the plans resulted in a $7 million reduction to the projected benefit obligations and a curtailment gain of $2.8 million. The plan amendments also required a remeasurement of the assets and liabilities, which resulted in an increase to the pension liability of approximately $1 million. The combined impact of the amendment, curtailment and remeasurement resulted in a gain in Accumulated other comprehensive income, net of tax, of $2 million.
	During the nine months ended September 30, 2013, the Corporation made $41 million in contributions to the Curtiss-Wright Pension Plan, and does not expect to make any further contributions in 2013.  In addition, contributions of $4 million were made to the Corporation’s foreign benefit plans during the nine months ended September 30, 2013.  Contributions to the foreign benefit plans are expected to be $5 million in 2013.
	Other Postretirement Benefit Plans
	The components of the net postretirement benefit cost for the Curtiss-Wright and EMD postretirement benefit plans for the three and nine months ended September 30, 2013 and 2012 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	81		$	109		$	280		$	329
	Interest cost	213			232			630			695
	Amortization of prior service cost	(158		)	(158		)	(472		)	(472		)
	Amortization of unrecognized actuarial gain	(140		)	(180		)	(460		)	(539		)
	Net postretirement benefit cost (income)	$	(4	)	$	3		$	(22	)	$	13
	During the nine months ended September 30, 2013, the Corporation paid $0.8 million to the postretirement plans.  During 2013, the Corporation anticipates contributing $1.2 million to the postretirement plans.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
EARNINGS PER SHARE	'
	EARNINGS PER SHARE
	Diluted earnings per share were computed based on the weighted-average number of shares outstanding plus all potentially dilutive common shares.  A reconciliation of basic to diluted shares used in the earnings per share calculation is as follows:
		(In thousands)
		Three Months Ended		Nine Months Ended
		September 30,		September 30,
		2013	2012	2013	2012
	Basic weighted-average shares outstanding	47,081	46,884	46,839	46,795
	Dilutive effect of stock options and deferred stock compensation	982	531	846	698
	Diluted weighted-average shares outstanding	48,063	47,415	47,685	47,493
	As of September 30, 2013 and 2012, there were 304,000 and 1,260,000 stock options outstanding, respectively, that could potentially dilute earnings per share in the future, which were excluded from the computation of diluted earnings per share as they would be considered anti-dilutive.

SEGMENT_INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	SEGMENT INFORMATION
	The Corporation manages and evaluates its operations based on the products and services it offers and the different markets it serves.  Based on this approach, the Corporation operates through three segments: Flow Control, Controls, and Surface Technologies.
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Net sales
	Flow Control	$	311,480		$	236,733		$	943,164		$	778,177
	Controls	212,623			176,649			635,555			528,472
	Surface Technologies	77,004			68,446			235,137			209,602
	Less: Intersegment revenues	(440		)	(2,606		)	(2,815		)	(8,982		)
	Total consolidated	$	600,667		$	479,222		$	1,811,041		$	1,507,269
	Operating income (expense)
	Flow Control	$	24,858		$	1,194		$	76,696		$	38,335
	Controls	32,620			22,790			72,142			59,246
	Surface Technologies	11,728			8,200			38,556			23,993
	Corporate and eliminations (1)	(6,319		)	(8,818		)	(28,693		)	(22,109		)
	Total consolidated	$	62,887		$	23,366		$	158,701		$	99,465
	(1) Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.
	Operating income by reportable segment and the reconciliation to income from continuing operations before income taxes are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Total operating income	$	62,887		$	23,366		$	158,701		$	99,465
	Interest expense	(9,690		)	(6,648		)	(27,681		)	(19,656		)
	Other income, net	378			(119		)	1,076			113
	Earnings from continuing operations before income taxes	$	53,575		$	16,599		$	132,096		$	79,922
		(In thousands)
		30-Sep-13			31-Dec-12
	Identifiable assets
	Flow Control	$	1,559,339		$	1,417,047
	Controls	1,360,945			1,365,112
	Surface Technologies	311,162			302,079
	Corporate and Other	57,720			30,350
	Total consolidated	$	3,289,166		$	3,114,588

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	'
	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
	The cumulative balance of each component of accumulated other comprehensive (loss) income, net of tax, is as follows:
		(In thousands)
		Foreign currency translation adjustments, net			Total pension and postretirement adjustments, net			Accumulated other comprehensive income (loss)
	December 31, 2011	$	39,768		$	(104,899	)	$	(65,131	)
	Current period other comprehensive income (loss)	25,954			(16,331		)	9,623
	December 31, 2012	$	65,722		$	(121,230	)	$	(55,508	)
	Other comprehensive income (loss) before reclassifications (1)	(7,864		)	32,959			25,095
	Amounts reclassified from accumulated other comprehensive loss (1)	—			8,710			8,710
	Net current period other comprehensive income (loss)	(7,864		)	41,669			33,805
	September 30, 2013	$	57,858		$	(79,561	)	$	(21,703	)
	-1	All amounts are after tax.
	Details of amounts reclassified from accumulated other comprehensive income (loss) are below:
		(In thousands)
		Amount reclassified from Accumulated other comprehensive income (loss)			Affected line item in the statement where net earnings is presented
	Defined benefit pension and other postretirement benefit plans
	Amortization of prior service costs	(247		)	-1
	Amortization of actuarial losses	(11,307		)	-1
	Curtailments	(2,178		)	-1
		(13,732		)	Total before tax
		5,022			Income tax
	Total reclassifications	$	(8,710	)	Net of tax
	-1	These items are included in the computation of net periodic pension cost.  See Note 11, Pension and Other Postretirement Benefit Plans.

CONTINGENCIES_AND_COMMITMENTS

CONTINGENCIES AND COMMITMENTS	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
CONTINGENCIES AND COMMITMENTS	'
	CONTINGENCIES AND COMMITMENTS
	Legal Proceedings
	The Corporation has been named in a number of lawsuits that allege injury from exposure to asbestos.  To date, the Corporation has not been found liable for or paid any material sum of money in settlement in any case.  The Corporation believes its minimal use of asbestos in its past and current operations and the relatively non-friable condition of asbestos in its products makes it unlikely that it will face material liability in any asbestos litigation, whether individually or in the aggregate.  The Corporation maintains insurance coverage for these potential liabilities and believes adequate coverage exists to cover any unanticipated asbestos liability.
	The Corporation is party to a number of legal actions and claims, none of which individually or in the aggregate, in the opinion of management, are expected to have a material effect on the Corporation’s results of operations or financial position.
	Environmental Matters
	The aggregate environmental liability was $16.8 million at September 30, 2013 and $16.4 million at December 31, 2012.  All environmental reserves exclude any potential recovery from insurance carriers or third-party legal actions.
	Letters of Credit and Other Financial Arrangements
	The Corporation enters into standby letters of credit agreements and guarantees with financial institutions and customers primarily relating to guarantees of repayment, future performance on certain contracts to provide products and services, and to secure advance payments from certain international customers. At September 30, 2013 and December 31, 2012, there were $51.1 million and $51.8 million of stand-by letters of credit outstanding, respectively, and $18.3 million and $6.8 million of bank guarantees outstanding, respectively.   In addition, the Corporation is required to provide the Nuclear Regulatory Commission financial assurance demonstrating its ability to cover the cost of decommissioning its Cheswick, Pennsylvania facility upon closure, though the Corporation does not intend to close this facility.  The Corporation has provided this financial assurance in the form of a $52.9 million surety bond.
	AP1000 Program
	The Corporation’s Electro-Mechanical Division is the reactor coolant pump (RCP) supplier for the Westinghouse AP1000 nuclear power plants under construction in China and the United States.  The terms of the AP1000 China and United States contracts include liquidated damage penalty provisions for failure to meet contractual delivery dates if the Corporation caused the delay and the delay was not excusable.  On October 10, 2013, the Corporation received a letter from Westinghouse stating entitlements to the maximum amount of liquidated damages allowable under the AP1000 China contract from Westinghouse of approximately $25 million.  The Corporation would be liable for liquidated damages under the contract if certain contractual delivery dates were not met and if the Corporation was deemed responsible for the delay. To date, the Corporation has not met certain contractual delivery dates under its AP 1000 China contract; however there are significant uncertainties as to which parties are responsible for the delays.  The Corporation believes it has adequate legal defenses and we intend to vigorously defend this matter. Given the uncertainties surrounding the responsibility for the delays no accrual has been made for this matter as of September 30, 2013.  The range of possible loss is $0 to $25 million.
	U.S. Government Defense Budget/Sequestration
	In August 2011, the Budget Control Act (the Act) announced a reduction in the Department of Defense (DoD) top line budget by approximately $490 billion over 10 years starting in 2013.  The initial and mandatory budget cuts (or sequestration) as outlined in the Act were to be implemented starting on January 2, 2013. However, on January 1, 2013, Congress elected to delay the impact of sequestration until at least March 1, 2013, and these cuts were to be automatically implemented if an agreement had not been reached by March 27, 2013.  On March 26, 2013, President Obama signed into law a continuing budget resolution which provides additional funding and flexibility for U.S. Government agencies to reallocate funds to priority areas in FY2013.  In April 2013, the President released his initial budget proposal for FY2014, which leaves uncertainty as to how the sequester to be imposed on defense spending next year will be determined.  While such reductions to future DoD spending levels are largely undetermined, any reduction in levels of DoD spending, cancellations or delays impacting existing contracts or programs, including through sequestration, could have a material impact on the Corporation’s results of operations, financial position, or cash flows.
	Lease Agreements
	On June 3, 2013, the Corporation entered into a build to suit agreement for the construction and lease of a new manufacturing facility in Bethlehem, Pennsylvania. The new facility will consist of two buildings totaling approximately 178,975 square feet situated on 12.5 acres, and will serve as a facility for warehousing, heavy manufacturing, research and development, general office, and hazardous material storage for the Electro Mechanical division in the Flow Control segment. Under the terms of the lease agreement, the Corporation is obligated to pay annual fixed rent of $1.9 million every year for the first eight years with rent escalation of 2.5% every year thereafter for a total of fifteen years.
	On June 5, 2013, the Corporation entered into a build to suit agreement for the construction and lease of a new facility in Idaho Falls, Idaho. The new facility will consist of two buildings totaling approximately 112,000 square feet situated on 8.6 acres, and will serve as a general office, assembly, and testing facility for the Nuclear Group division in the Flow Control segment. Under the terms of the lease agreement, the Corporation is obligated to pay initial annual rent of $1.1 million with rent escalation of 2.5% every year thereafter for a total of fifteen years.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	SUBSEQUENT EVENTS
	On October 1, 2013, the Corporation acquired the stock of Parvus Corporation for $38 million in cash. Parvus is a designer and manufacturer of rugged small form factor computers and communications subsystems for the aerospace, defense, homeland security, and industrial markets. The business will operate within the Corporation's Controls segment.
	On October 1, 2013, the Corporation acquired the assets of Ovalpath, Inc. for $2.5 million in cash. The agreement also provides for future consideration of up to an additional $6.4 million based on the achievement of certain financial metrics over a five year period immediately after the closing date. Ovalpath is the developer of a proprietary software platform used in mobile-device based applications serving the commercial nuclear power market. The business will operate within the Corporation's Flow Control segment.
	On October 4, 2013, the Corporation acquired the membership interests of Arens Controls, LLC for $98 million in cash. Arens is a designer and manufacturer of highly-engineered, precision operator interface controls, and power management systems for commercial and off-road industrial vehicles. The business will operate within the Corporation's Controls segment.

BASIS_OF_PRESENTATION_Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis Of Accounting	'
	Curtiss-Wright Corporation and its subsidiaries (the Corporation or the Company) is a diversified, multinational manufacturing and service company that designs, manufactures, and overhauls precision components and systems and provides highly engineered products and services to the aerospace, defense, automotive, shipbuilding, processing, oil, petrochemical, agricultural equipment, railroad, power generation, security, and metalworking industries.
	The unaudited condensed consolidated financial statements include the accounts of Curtiss-Wright and its majority-owned subsidiaries.  All intercompany transactions and accounts have been eliminated.
	On March 30, 2012, the Corporation sold its heat treating business to Bodycote plc.  The Corporation divested this non-core cyclical business to focus on higher technology engineered services such as specialty coatings and materials testing.  As a result of the divestiture, the results of operations for the heat treating business, which were previously reported as part of the Surface Technologies segment, have been reclassified as discontinued operations for all periods presented. Please refer to Footnote 3 of the Corporation's Condensed Consolidated Financial Statements for further information.
	The unaudited condensed consolidated financial statements of the Corporation have been prepared in conformity with accounting principles generally accepted in the United States of America, which requires management to make estimates and judgments that affect the reported amount of assets, liabilities, revenue, and expenses and disclosure of contingent assets and liabilities in the accompanying financial statements. Actual results may differ from these estimates. The most significant of these estimates includes the estimate of costs to complete long-term contracts under the percentage-of-completion accounting methods, the estimate of useful lives for property, plant, and equipment, cash flow estimates used for testing the recoverability of assets, pension plan and postretirement obligation assumptions, estimates for inventory obsolescence, estimates for the valuation and useful lives of intangible assets, warranty reserves, legal reserves, and the estimate of future environmental costs. Changes in estimates of contract sales, costs, and profits are recognized using the cumulative catch-up method of accounting. This method recognizes in the current period the cumulative effect of the changes on current and prior periods. Accordingly, the effect of the changes on future periods of contract performance is recognized as if the revised estimate had been the original estimate. During the three and nine months ended September 30, 2012, the Corporation incurred unanticipated additional costs, within its Flow Control segment, of $12.2 million and $20.3 million, respectively, on its long-term contract with Westinghouse for disassembly, inspection, and packaging costs related to the reactor coolant pumps (RCP) that the Corporation is supplying for the AP1000 nuclear power plants in China. In the opinion of management, all adjustments considered necessary for a fair presentation have been reflected in these financial statements.
	The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s 2012 Annual Report on Form 10-K.  The results of operations for interim periods are not necessarily indicative of trends or of the operating results for a full year.
Corrections of Prior Years Amounts	'
	Corrections to Prior Years Amounts
	The presentation of net sales and cost of sales in the prior year's statement of earnings has been corrected to separately present the components of product and service revenues and costs of sales. This change in presentation did not affect total revenues, total cost of sales, total gross profit, operating income, or net earnings.
	Out of Period Correction of an Immaterial Error Related to Three and Six Month Periods ended June 30, 2013
	In the third quarter of 2013, the Corporation recorded an out of period adjustment related to the three and six month periods ended June 30, 2013 of $18 million to decrease comprehensive income and increase our deferred tax liability to reflect the tax impact of a May 31, 2013 amendment to our Curtiss-Wright Pension Plan which required a plan remeasurement. This error did not affect our condensed consolidated statement of net earnings or condensed consolidated statements of cash flows for the three and nine month periods ended September 30, 2013 or the three and six month periods ended June 30, 2013.  The Corporation evaluated the effects of this error on the June 30, 2013 condensed consolidated financial statements and based on an analysis of quantitative and qualitative factors, the Corporation determined that the error was not material and, therefore, amendment of previously filed reports is not required.
Adoption of New Standards	'
	ADOPTION OF NEW STANDARDS
	Other Comprehensive Income:  Presentation of Comprehensive Income
	In February 2013, new guidance was issued that amends the current comprehensive income guidance.  The new guidance requires entities to disclose the effect of each item that was reclassified in its entirety out of accumulated other comprehensive income and into net income on each affected net income line item.  For reclassification items that are not reclassified in their entirety into net income, a cross-reference to other required disclosures is required. The new guidance is to be applied prospectively for annual reporting periods beginning after December 15, 2012 and interim periods within those years.  The adoption of this new guidance did not have an impact on the Corporation’s consolidated financial position, results of operations, or cash flows.

ACQUISITION_Table

ACQUISITION (Table)	9 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]	'
Schedule Of Business Acquisitions By Acquisition	'
	The purchase price of the acquisition has been allocated to the net tangible and intangible assets acquired with the remainder recorded as goodwill on the basis of estimated fair values, as follows:
	(In thousands)	Phönix
	Accounts receivable	$	12,226
	Inventory	20,358
	Property, plant, and equipment	12,575
	Other current and non-current assets	2,153
	Intangible assets	42,791
	Current and non-current liabilities	(8,153		)
	Pension and postretirement benefits	(6,472		)
	Deferred income taxes	(13,746		)
	Net tangible and intangible assets	61,732
	Purchase price	97,886
	Goodwill	$	36,154
	Amount of tax deductible goodwill	$	—
Business Acquisition Pro Forma Information	'
	The following table presents unaudited consolidated pro forma financial information for the combined results of the Corporation and its completed business acquisitions during the year ended December 31, 2012 as if the acquisitions had occurred on January 1, 2012 for purposes of the financial information presented for the periods ended September 30, 2012.
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
	(In thousands, except per share data)	2012			2012
	Net sales	$	561,997		$	1,759,248
	Net earnings from continuing operations	13,131			60,591
	Diluted earnings per share from continuing operations	0.28			1.28

DISCONTINUED_OPERATIONS_Table

DISCONTINUED OPERATIONS (Table)	9 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	'
	Components of earnings from discontinued operations were as follows:
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
		2012			2012
	Net sales	$	—		$	10,785
	Earnings from discontinued operations before income taxes	—			4,929
	Provision for income taxes	—			(1,870		)
	Gain (loss) on divestiture, net of taxes (1)	(144		)	18,172
	Earnings (loss) from discontinued operations	$	(144	)	$	21,231
	(1) Net of year-to-date 2012 taxes of $11 million

RECEIVABLES_Table

RECEIVABLES (Table)	9 Months Ended
	Sep. 30, 2013
Receivables [Abstract]	'
Schedule Of Accounts Notes Loans And Financing Receivable	'
	The composition of receivables is as follows:
		(In thousands)
		September 30, 2013			December 31, 2012
	Billed receivables:
	Trade and other receivables	$	400,230		$	402,891
	Less: Allowance for doubtful accounts	(6,979		)	(7,013		)
	Net billed receivables	393,251			395,878
	Unbilled receivables:
	Recoverable costs and estimated earnings not billed	195,385			207,679
	Less: Progress payments applied	(21,377		)	(25,244		)
	Net unbilled receivables	174,008			182,435
	Receivables, net	$	567,259		$	578,313

INVENTORIES_Table

INVENTORIES (Table)	9 Months Ended
	Sep. 30, 2013
Inventory, Net [Abstract]	'
Schedule Of Inventory	'
	The composition of inventories is as follows:
		(In thousands)
		30-Sep-13			31-Dec-12
	Raw materials	$	234,423		$	224,613
	Work-in-process	114,203			92,761
	Finished goods and component parts	118,082			107,173
	Inventoried costs related to long-term contracts	55,695			38,000
	Gross inventories	522,403			462,547
	Less:  Inventory reserves	(54,498		)	(50,333		)
	Progress payments applied	(11,021		)	(14,743		)
	Inventories, net	$	456,884		$	397,471

GOODWILL_Table

GOODWILL (Table)	9 Months Ended
	Sep. 30, 2013
Goodwill [Abstract]	'
Schedule Of Goodwill	'
	The changes in the carrying amount of goodwill for the nine months ended September 30, 2013 are as follows:
		(In thousands)
		Flow Control			Controls			Surface Technologies			Consolidated
	December 31, 2012	$	418,184		$	541,226		$	53,890		$	1,013,300
	Acquisitions	38,149			—			—			38,149
	Goodwill adjustments	1,378			(1,372		)	525			531
	Foreign currency translation adjustment	(498		)	(3,592		)	(10		)	(4,100		)
	September 30, 2013	$	457,213		$	536,262		$	54,405		$	1,047,880

OTHER_INTANGIBLE_ASSETS_NET_Ta

OTHER INTANGIBLE ASSETS, NET (Table)	9 Months Ended
	Sep. 30, 2013
Intangible Assets, Net (Excluding Goodwill) [Abstract]	'
Schedule Of Intangible Assets By Major Class	'
	The following tables present the cumulative composition of the Corporation’s intangible assets:
		(In thousands)
	September 30, 2013	Gross		Accumulated Amortization			Net
	Technology	$	205,169	$	(85,290	)	$	119,879
	Customer related intangibles	381,203		(118,690		)	262,513
	Other intangible assets	65,036		(21,808		)	43,228
	Total	$	651,408	$	(225,788	)	$	425,620
		(In thousands)
	December 31, 2012	Gross		Accumulated Amortization			Net
	Technology	$	186,869	$	(76,067	)	$	110,802
	Customer related intangibles	337,558		(95,880		)	241,678
	Other intangible assets	86,157		(19,616		)	66,541
	Total	$	610,584	$	(191,563	)	$	419,021

FAIR_VALUE_OF_FINANCIAL_INSTRU1

FAIR VALUE OF FINANCIAL INSTRUMENTS (Table)	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	'
	The location and amounts of derivative instrument fair values in the condensed consolidated balance sheet are below.
		(In thousands)
		September 30, 2013				December 31, 2012
	Assets
	Designated for hedge accounting
	Interest rate swaps	$	—			$	677
	Undesignated for hedge accounting
	Forward exchange contracts	$	184			$	250
	Total asset derivatives (A)	$	184			$	927
	Liabilities
	Designated for hedge accounting
	Interest rate swaps	$	39,679			$	1,419
	Undesignated for hedge accounting
	Forward exchange contracts	$	251			$	170
	Total liability derivatives (B)	$	39,930			$	1,589
	(A)Forward exchange derivatives are included in Other current assets and interest rate swap assets are included in Other assets.
	(B)Forward exchange derivatives are included in Other current liabilities and interest rate swap liabilities are included in Other liabilities.
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	'
	The location and amount of gains or losses on the hedged fixed rate debt attributable to changes in the market interest rates and the offsetting gain (loss) on the related interest rate swaps for the three and nine months ended September 30, were as follows:
			(In thousands)
			Gain/(Loss) on Swap														Gain/(Loss) on Borrowings
			Three Months Ended								Nine Months Ended						Three Months Ended				Nine Months Ended
			September 30,								September 30,						September 30,				September 30,
	Income Statement Classification		2013				2012				2013				2012		2013		2012		2013		2012
	Other income, net		$	(3,106	)		$	(20	)		$	(39,679	)		$	1,771	$	3,106	$	20	$	39,679	$	(1,771	)
	Undesignated hedges
	The location and amount of gains and losses recognized in income on forward exchange derivative contracts not designated for hedge accounting for the three and nine months ended September 30, were as follows:
			(In thousands)
			Three Months Ended								Nine Months Ended
			September 30,								September 30,
	Derivatives not designated as hedging instrument		2013				2012				2013				2012
	Forward exchange contracts:
	General and administrative expenses		$	2,143			$	2,082			$	(3,693	)		$	1,912
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	'
		September 30, 2013								December 31, 2012
		Carrying Value				Estimated Fair Value				Carrying Value				Estimated Fair Value
	Industrial revenue bond, due 2023	$	8,400			$	8,400			$	8,400			$	8,400
	Revolving credit agreement, due 2017	—				—				286,800				286,800
	5.74% Senior notes due 2013	—				—				125,011				128,198
	5.51% Senior notes due 2017	150,000				164,174				150,000				168,491
	3.84% Senior notes due 2021	99,075				99,075				100,677				100,677
	3.70% Senior notes due 2023	225,000				218,520				—				—
	3.85% Senior notes due 2025	91,065				91,065				—				—
	4.24% Senior notes due 2026	178,668				178,668				198,581				198,581
	4.05% Senior notes due 2028	66,513				66,513				—				—
	4.11% Senior notes due 2028	100,000				91,244
	Other debt	1,285				1,285				10,746				10,746
	Total debt	$	920,006			$	918,944			$	880,215			$	901,893

WARRANTY_RESERVES_Table

WARRANTY RESERVES (Table)	9 Months Ended
	Sep. 30, 2013
Product Warranties Disclosures [Abstract]	'
Schedule of Product Warranty Liability	'
	The following table presents the changes in the Corporation’s warranty reserves:
		(In thousands)
		2013			2012
	Warranty reserves at January 1,	$	18,169		$	16,076
	Provision for current year sales	6,018			5,495
	Current year claims	(5,846		)	(4,056		)
	Change in estimates to pre-existing warranties	(2,615		)	(2,242		)
	Increase due to acquisitions	—			75
	Foreign currency translation adjustment	(84		)	99
	Warranty reserves at September 30,	$	15,642		$	15,447

FACILITIES_RELOCATION_AND_REST1

FACILITIES RELOCATION AND RESTRUCTURING (Table)	9 Months Ended
	Sep. 30, 2013
Restructuring Reserve [Abstract]	'
Schedule of Restructuring and Related Costs	'
	During the third quarter of 2012, the Corporation recorded restructuring costs by segment as follows:
		(In thousands)
		Three Months Ended
		September 30, 2012
		Flow Control		Controls		Surface Technologies		Consolidated
	Cost of sales	$	18	$	215	$	769	$	1,002
	Selling expenses		512		153		32		697
	General and administrative		—		—		—		—
	Total	$	530	$	368	$	801	$	1,699
	During the nine months ended of 2012, the Corporation recorded restructuring costs by segment as follows:
		(In thousands)
		Nine Months Ended
		September 30, 2012
		Flow Control		Controls		Surface Technologies		Consolidated
	Cost of sales	$	1,303	$	2,351	$	1,163	$	4,817
	Selling expenses		312		—		—		312
	General and administrative		1,649		1,075		4,879		7,603
	Total	$	3,264	$	3,426	$	6,042	$	12,732

PENSION_AND_OTHER_POSTRETIREME1

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Table)	9 Months Ended
	Sep. 30, 2013
General Discussion of Pension and Other Postretirement Benefits [Abstract]	'
Schedule Of Defined Benefit Plans Disclosures	'
	The components of net periodic pension cost for the three and nine months ended September 30, 2013 and 2012 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	8,449		$	10,061		$	30,167		$	30,194
	Interest cost	7,163			6,564			20,679			19,695
	Expected return on plan assets	(9,306		)	(8,382		)	(27,067		)	(25,152		)
	Amortization of prior service cost	165			300			719			901
	Amortization of unrecognized actuarial loss	3,560			2,755			11,767			8,266
	Curtailments	(2,818		)	—			(107		)	—
	Net periodic benefit cost	$	7,213		$	11,298		$	36,158		$	33,904
	The components of the net postretirement benefit cost for the Curtiss-Wright and EMD postretirement benefit plans for the three and nine months ended September 30, 2013 and 2012 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	81		$	109		$	280		$	329
	Interest cost	213			232			630			695
	Amortization of prior service cost	(158		)	(158		)	(472		)	(472		)
	Amortization of unrecognized actuarial gain	(140		)	(180		)	(460		)	(539		)
	Net postretirement benefit cost (income)	$	(4	)	$	3		$	(22	)	$	13

EARNINGS_PER_SHARE_Table

EARNINGS PER SHARE (Table)	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share Reconciliation	'
	A reconciliation of basic to diluted shares used in the earnings per share calculation is as follows:
		(In thousands)
		Three Months Ended		Nine Months Ended
		September 30,		September 30,
		2013	2012	2013	2012
	Basic weighted-average shares outstanding	47,081	46,884	46,839	46,795
	Dilutive effect of stock options and deferred stock compensation	982	531	846	698
	Diluted weighted-average shares outstanding	48,063	47,415	47,685	47,493

SEGMENT_INFORMATION_Table

SEGMENT INFORMATION (Table)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Schedule Of Segment Reporting Information By Segment	'
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Net sales
	Flow Control	$	311,480		$	236,733		$	943,164		$	778,177
	Controls	212,623			176,649			635,555			528,472
	Surface Technologies	77,004			68,446			235,137			209,602
	Less: Intersegment revenues	(440		)	(2,606		)	(2,815		)	(8,982		)
	Total consolidated	$	600,667		$	479,222		$	1,811,041		$	1,507,269
	Operating income (expense)
	Flow Control	$	24,858		$	1,194		$	76,696		$	38,335
	Controls	32,620			22,790			72,142			59,246
	Surface Technologies	11,728			8,200			38,556			23,993
	Corporate and eliminations (1)	(6,319		)	(8,818		)	(28,693		)	(22,109		)
	Total consolidated	$	62,887		$	23,366		$	158,701		$	99,465
	(1) Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	'
	Operating income by reportable segment and the reconciliation to income from continuing operations before income taxes are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Total operating income	$	62,887		$	23,366		$	158,701		$	99,465
	Interest expense	(9,690		)	(6,648		)	(27,681		)	(19,656		)
	Other income, net	378			(119		)	1,076			113
	Earnings from continuing operations before income taxes	$	53,575		$	16,599		$	132,096		$	79,922
Reconciliation Of Assets From Segment To Consolidated	'
		(In thousands)
		30-Sep-13			31-Dec-12
	Identifiable assets
	Flow Control	$	1,559,339		$	1,417,047
	Controls	1,360,945			1,365,112
	Surface Technologies	311,162			302,079
	Corporate and Other	57,720			30,350
	Total consolidated	$	3,289,166		$	3,114,588

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Table)	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Schedule of Comprehensive Income (Loss)	'
	The cumulative balance of each component of accumulated other comprehensive (loss) income, net of tax, is as follows:
		(In thousands)
		Foreign currency translation adjustments, net			Total pension and postretirement adjustments, net			Accumulated other comprehensive income (loss)
	December 31, 2011	$	39,768		$	(104,899	)	$	(65,131	)
	Current period other comprehensive income (loss)	25,954			(16,331		)	9,623
	December 31, 2012	$	65,722		$	(121,230	)	$	(55,508	)
	Other comprehensive income (loss) before reclassifications (1)	(7,864		)	32,959			25,095
	Amounts reclassified from accumulated other comprehensive loss (1)	—			8,710			8,710
	Net current period other comprehensive income (loss)	(7,864		)	41,669			33,805
	September 30, 2013	$	57,858		$	(79,561	)	$	(21,703	)
	-1	All amounts are after tax.
Reclassification out of Accumulated Other Comprehensive Income	'
	Details of amounts reclassified from accumulated other comprehensive income (loss) are below:
		(In thousands)
		Amount reclassified from Accumulated other comprehensive income (loss)			Affected line item in the statement where net earnings is presented
	Defined benefit pension and other postretirement benefit plans
	Amortization of prior service costs	(247		)	-1
	Amortization of actuarial losses	(11,307		)	-1
	Curtailments	(2,178		)	-1
		(13,732		)	Total before tax
		5,022			Income tax
	Total reclassifications	$	(8,710	)	Net of tax
	-1	These items are included in the computation of net periodic pension cost.  See Note 11, Pension and Other Postretirement Benefit Plans.

BASIS_OF_PRESENTATION_Narrativ

BASIS OF PRESENTATION - Narrative (Details) (USD $)	3 Months Ended	9 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2012	Jun. 30, 2013
			Change in Assumptions for Pension Plans [Member]
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'	'	'
Additional costs	$12.20	$20.30	'
Error Corrections and Prior Period Adjustments Restatement [Line Items]	'	'	'
Prior period reclassification adjustment	'	'	$18

ACQUISITION_Narrative_Detail

ACQUISITION (Narrative) (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2012	Sep. 16, 2013	Sep. 30, 2013	Feb. 28, 2013	Sep. 30, 2013	Dec. 31, 2012
			Flow Control [Member]	Flow Control [Member]	Gufl33 [Member]	Gufl33 [Member]	Gufl33 [Member]	Phonix Group [Member]	Phonix Group [Member]	Phonix Group [Member]
							Flow Control [Member]	Flow Control [Member]	Flow Control [Member]	Flow Control [Member]
								employee
Business Acquisition [Line Items]	'	'	'	'	'	'	'	'	'	'
Assets acquired	'	'	'	'	'	$4,100,000	'	'	'	'
Goodwill	1,047,880,000	1,013,300,000	457,213,000	418,184,000	'	2,000,000	'	36,154,000	'	'
Revenue of acquiree before acquistion	'	'	'	'	4,000,000	'	'	'	'	'
Effective date of acquisition	'	'	'	'	'	'	16-Sep-13	'	28-Feb-13	'
Purchase price net of cash acquired	'	'	'	'	'	'	'	97,886,000	'	'
Number of employees at the date of acquisition	'	'	'	'	'	'	'	282	'	'
Revenue reported by acquiree in last reporting period	'	'	'	'	'	'	'	'	'	60,000,000
Actual pro forma Revenue by acquiree	'	'	'	'	'	'	'	'	36,400,000	'
Actual pro forma earnings of aquiree	'	'	'	'	'	'	'	'	($1,600,000)	'

ACQUISITION_Detail

ACQUISITION (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Feb. 28, 2013
In Thousands, unless otherwise specified			Flow Control [Member]	Flow Control [Member]	Phonix Group [Member]
					Flow Control [Member]
Business Acquisition [Line Items]	'	'	'	'	'
Accounts receivable	'	'	'	'	$12,226
Inventory	'	'	'	'	20,358
Property, plant, and equipment	'	'	'	'	12,575
Other current and non-current assets	'	'	'	'	2,153
Intangible assets	'	'	'	'	42,791
Current and non-current liabilities	'	'	'	'	-8,153
Pension and postretirement benefits	'	'	'	'	-6,472
Deferred income taxes	'	'	'	'	-13,746
Net tangible and intangible assets	'	'	'	'	61,732
Purchase price	'	'	'	'	97,886
Goodwill	1,047,880	1,013,300	457,213	418,184	36,154
Amount of tax deductible goodwill	'	'	'	'	$0

ACQUISITION_Proforma_Detail

ACQUISITION (Proforma) (Detail) (USD $)	3 Months Ended	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2012
Business Combinations [Abstract]	'	'
Net sales	$561,997	$1,759,248
Net earnings from continuing operations	$13,131	$60,591
Diluted earnings per share from continuing operations (in usd per share)	$0.28	$1.28

ACQUISITION_Proforma_Narrative

ACQUISITION (Proforma Narrative) (Detail) (Phonix Group [Member], Flow Control [Member], USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2012
Phonix Group [Member] | Flow Control [Member]	'	'
Business Acquisition [Line Items]	'	'
Additional amortization of intangible assets	$3.30	$9.70
Elimination of historical interest expense	0.9	2.9
Additional interest expense	$4.60	$13.60

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Detail) (USD $)	3 Months Ended		9 Months Ended		3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2012		Dec. 31, 2012
					Heat Treating [Member]	Heat Treating [Member]		Heat Treating [Member]
Income Statement Disclosures By Disposal Groups Including Discontinued Operations [Line Items]	'	'	'	'	'	'		'
Net sales	'	'	'	'	$0	$10,785,000		'
Earnings from discontinued operations before income taxes	'	'	'	'	0	4,929,000		'
Provision for income taxes	'	'	'	'	0	-1,870,000		'
Gain (loss) on divestiture, net of taxes (1)	0	-144,000	0	18,172,000	-144,000	18,172,000	[1]	'
Earnings (loss) from discontinued operations	0	-144,000	0	21,231,000	-144,000	21,231,000		'
Year-to-date taxes	'	'	'	'	'	'		$11,000,000
[1]	Net of year-to-date 2012 taxes of $11 million

RECEIVABLES_Detail

RECEIVABLES (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Billed receivables:	'	'
Trade and other receivables	$400,230	$402,891
Less: Allowance for doubtful accounts	-6,979	-7,013
Net billed receivables	393,251	395,878
Unbilled receivables:	'	'
Recoverable costs and estimated earnings not billed	195,385	207,679
Less: Progress payments applied	-21,377	-25,244
Net unbilled receivables	174,008	182,435
Receivables, net	$567,259	$578,313

INVENTORIES_Detail

INVENTORIES (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Inventory, Net [Abstract]	'	'
Raw material	$234,423	$224,613
Work-in-process	114,203	92,761
Finished goods and component parts	118,082	107,173
Inventoried costs related to long-term contracts	55,695	38,000
Gross inventories	522,403	462,547
Less: Inventory reserves	-54,498	-50,333
Progress payments applied	-11,021	-14,743
Inventories, net	$456,884	$397,471

INVENTORIES_Narrative_Detail

INVENTORIES (Narrative) (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Inventory, Net [Abstract]	'	'
Other inventory, capitalized costs	$30.50	$23.80
Other inventory, capitalized costs to be liquidated under firm orders	$5.20	$5.40

GOODWILL_Detail

GOODWILL (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013
Goodwill [Roll Forward]	'
31-Dec-12	$1,013,300
Acquisitions	38,149
Goodwill adjustments	531
Foreign currency translation adjustment	-4,100
30-Sep-13	1,047,880
Flow Control [Member]	'
Goodwill [Roll Forward]	'
31-Dec-12	418,184
Acquisitions	38,149
Goodwill adjustments	1,378
Foreign currency translation adjustment	-498
30-Sep-13	457,213
Controls [Member]	'
Goodwill [Roll Forward]	'
31-Dec-12	541,226
Acquisitions	0
Goodwill adjustments	-1,372
Foreign currency translation adjustment	-3,592
30-Sep-13	536,262
Surface Technologies [Member]	'
Goodwill [Roll Forward]	'
31-Dec-12	53,890
Acquisitions	0
Goodwill adjustments	525
Foreign currency translation adjustment	-10
30-Sep-13	$54,405

OTHER_INTANGIBLE_ASSETS_NET_De

OTHER INTANGIBLE ASSETS, NET (Detail) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Finite Lived Intangible Assets [Line Items]	'	'
Gross	$651,408	$610,584
Accumulated Amortization	-225,788	-191,563
Net	425,620	419,021
Technology [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Gross	205,169	186,869
Accumulated Amortization	-85,290	-76,067
Net	119,879	110,802
Customer Related Intangibles [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Gross	381,203	337,558
Accumulated Amortization	-118,690	-95,880
Net	262,513	241,678
Other Intangible Assets [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Gross	65,036	86,157
Accumulated Amortization	-21,808	-19,616
Net	$43,228	$66,541

OTHER_INTANGIBLE_ASSETS_NET_Na

OTHER INTANGIBLE ASSETS, NET (Narrative) (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Finite Lived Intangible Assets [Line Items]	'	'
Acquired intangible assets	$44.10	'
Amortization expense	36	22.2
Future amortization expense in remainder of fiscal year	48.4	'
Future amortization expense in year two	41.6	'
Future amortization expense in year three	39.6	'
Future amortization expense in year four	38.7	'
Future amortization expense in year five	38.2	'
Technology-Based Intangible Assets [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Acquired intangible assets	12.6	'
Weighted average useful life	'15 years	'
Customer-Related Intangible Assets [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Acquired intangible assets	28.8	'
Weighted average useful life	'16 years 2 months 12 days	'
Other Intangible Assets [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Acquired intangible assets	$2.70	'
Weighted average useful life	'6 years 10 months 24 days	'

FAIR_VALUE_OF_FINANCIAL_INSTRU2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Interest Rate Swap) (Details) (USD $)	9 Months Ended	1 Months Ended	9 Months Ended	1 Months Ended	9 Months Ended	1 Months Ended	9 Months Ended	1 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Mar. 31, 2013	Sep. 30, 2013	Mar. 31, 2013	Sep. 30, 2013	Jan. 31, 2012	Sep. 30, 2013	Jan. 31, 2012	Sep. 30, 2013
		3.85% Senior notes due 2025 [Member]	3.85% Senior notes due 2025 [Member]	4.05% Senior notes due 2028 [Member]	4.05% Senior notes due 2028 [Member]	4.24% Senior notes due 2026 [Member]	4.24% Senior notes due 2026 [Member]	3.84% Senior notes due 2021 [Member]	3.84% Senior notes due 2021 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'	'	'	'	'	'	'
Issuance date	26-Feb-13	'	1-Mar-13	'	1-Mar-13	'	1-Jan-12	'	1-Jan-12
Notional amount	$400	$100	'	$75	'	$200	'	$25	'
Interest rate	'	3.85%	'	4.05%	'	4.24%	'	3.84%	'
Maturity date	'	'	26-Feb-25	'	26-Feb-28	'	1-Dec-26	'	1-Dec-21
Variable rate basis	'	'LIBOR	'	'LIBOR	'	'LIBOR	'	'LIBOR	'
Basis spread on variable rate	'	1.77%	'	1.73%	'	2.02%	'	1.90%	'
Face amount	'	'	'	'	'	'	'	$100	'

FAIR_VALUE_OF_FINANCIAL_INSTRU3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Balance Sheet) (Detail) (USD $)	Sep. 30, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'		'
Assets	$184	[1]	$927	[1]
Liabilities	39,930	[2]	1,589	[2]
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]	'		'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'		'
Assets	0		677
Liabilities	39,679		1,419
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]	'		'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'		'
Assets	184		250
Liabilities	$251		$170
[1]	Forward exchange derivatives are included in Other current assets and interest rate swap assets are included in Other assets.
[2]	Forward exchange derivatives are included in Other current liabilities and interest rate swap liabilities are included in Other liabilities.

FAIR_VALUE_OF_FINANCIAL_INSTRU4

FAIR VALUE OF FINANCIAL INSTRUMENTS (Income Loss) (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
General And Administrative Expense [Member]	'	'	'	'
Derivative Instruments Gain Loss [Line Items]	'	'	'	'
General and administrative expenses	$2,143	$2,082	($3,693)	$1,912
Swap [Member] | Other Income [Member]	'	'	'	'
Derivative Instruments Gain Loss [Line Items]	'	'	'	'
Other income, net	-3,106	-20	-39,679	1,771
Borrowings [Member] | Other Income [Member]	'	'	'	'
Derivative Instruments Gain Loss [Line Items]	'	'	'	'
Other income, net	$3,106	$20	$39,679	($1,771)

FAIR_VALUE_OF_FINANCIAL_INSTRU5

FAIR VALUE OF FINANCIAL INSTRUMENTS (New Notes) (Detail) (USD $)	9 Months Ended			9 Months Ended		9 Months Ended		9 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 26, 2013	Feb. 26, 2013	Sep. 30, 2013	Feb. 26, 2013	Sep. 30, 2013	Feb. 26, 2013	Sep. 30, 2013	Feb. 26, 2013	Sep. 30, 2013	Feb. 26, 2013
			2013 Senior Notes [Member]	3.70% Senior notes due 2023 [Member]	3.70% Senior notes due 2023 [Member]	3.85% Senior notes due 2025 [Member]	3.85% Senior notes due 2025 [Member]	4.05% Senior notes due 2028 [Member]	4.05% Senior notes due 2028 [Member]	4.11% Senior Notes [Member]	4.11% Senior Notes [Member]
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Issuance date	26-Feb-13	'	'	'	'	'	'	'	'	26-Sep-13	'
Face amount	'	'	$400,000,000	'	$225,000,000	'	$100,000,000	'	$75,000,000	'	'
Interest rate	'	'	'	3.70%	3.70%	3.85%	3.85%	4.05%	4.05%	'	'
Maturity date	'	'	'	26-Feb-23	'	26-Feb-25	'	26-Feb-28	'	26-Sep-28	'
Debt Instrument, Issuable Face Amount	'	'	'	'	'	'	'	'	'	'	100,000,000
Debt Instrument, Interest Rate, Issuable Stated Percentage	'	'	'	'	'	'	'	'	'	'	4.11%
Debt to capitalization, covenant ratio	60.00%	'	'	'	'	'	'	'	'	'	'
Amount of borrowing capacity available	'	$1,200,000,000	'	'	'	'	'	'	'	'	'

FAIR_VALUE_OF_FINANCIAL_INSTRU6

FAIR VALUE OF FINANCIAL INSTRUMENTS (Debt) (Detail) (USD $)	Sep. 30, 2013	Feb. 26, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	$920,006	'	$880,215
Estimated Fair Value	918,944	'	901,893
Industrial revenue bond, due 2023 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	8,400	'	8,400
Estimated Fair Value	8,400	'	8,400
Revolving credit agreement, due 2017 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	0	'	286,800
Estimated Fair Value	0	'	286,800
5.74% Senior notes due 2013 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	0	'	125,011
Estimated Fair Value	0	'	128,198
Interest rate	5.74%	'	'
5.51% Senior notes due 2017 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	150,000	'	150,000
Estimated Fair Value	164,174	'	168,491
Interest rate	5.51%	'	'
3.84% Senior notes due 2021 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	99,075	'	100,677
Estimated Fair Value	99,075	'	100,677
Interest rate	3.84%	'	'
3.70% Senior notes due 2023 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	225,000	'	0
Estimated Fair Value	218,520	'	0
Interest rate	3.70%	3.70%	'
3.85% Senior notes due 2025 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	91,065	'	0
Estimated Fair Value	91,065	'	0
Interest rate	3.85%	3.85%	'
4.24% Senior notes due 2026 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	178,668	'	198,581
Estimated Fair Value	178,668	'	198,581
Interest rate	4.24%	'	'
4.05% Senior notes due 2028 [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	66,513	'	0
Estimated Fair Value	66,513	'	0
Interest rate	4.05%	4.05%	'
4.11% Senior Notes [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	100,000	'	'
Estimated Fair Value	91,244	'	'
Other debt [Member]	'	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'	'
Carrying Value	1,285	'	10,746
Estimated Fair Value	$1,285	'	$10,746

WARRANTY_RESERVES_Detail

WARRANTY RESERVES (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Movement in Standard Product Warranty Accrual [Roll Forward]	'	'
Warranty reserves at January 1,	$18,169	$16,076
Provision for current year sales	6,018	5,495
Current year claims	-5,846	-4,056
Change in estimates to pre-existing warranties	-2,615	-2,242
Increase due to acquisitions	0	75
Foreign currency translation adjustment	-84	99
Warranty reserves at September 30,	$15,642	$15,447

FACILITIES_RELOCATION_AND_REST2

FACILITIES RELOCATION AND RESTRUCTURING (Detail) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Jul. 31, 2013

Cost Of Sales [Member]

Cost Of Sales [Member]

Selling Expenses [Member]

Selling Expenses [Member]

General And Administrative [Member]

General And Administrative [Member]

Flow Control [Member]

Flow Control [Member]

Flow Control [Member]

Flow Control [Member]

Flow Control [Member]

Flow Control [Member]

Flow Control [Member]

Flow Control [Member]

Controls [Member]

Controls [Member]

Controls [Member]

Controls [Member]

Controls [Member]

Controls [Member]

Controls [Member]

Controls [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Surface Technologies [Member]

Other Current Liabilities [Member]

Cost Of Sales [Member]

Cost Of Sales [Member]

Selling Expenses [Member]

Selling Expenses [Member]

General And Administrative [Member]

General And Administrative [Member]

Cost Of Sales [Member]

Cost Of Sales [Member]

Selling Expenses [Member]

Selling Expenses [Member]

General And Administrative [Member]

General And Administrative [Member]

Cost Of Sales [Member]

Cost Of Sales [Member]

Selling Expenses [Member]

Selling Expenses [Member]

General And Administrative [Member]

General And Administrative [Member]

Restructuring Cost And Reserve [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring and related costs incurred to date

$1,699,000

'

$12,732,000

$1,002,000

$4,817,000

$697,000

$312,000

$0

$7,603,000

$530,000

$3,264,000

$18,000

$1,303,000

$512,000

$312,000

$0

$1,649,000

$368,000

$3,426,000

$215,000

$2,351,000

$153,000

$0

$0

$1,075,000

$801,000

$6,042,000

'

'

$769,000

$1,163,000

$32,000

$0

$0

$4,879,000

'

Impairment of assets

'

0

4,836,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,800,000

'

'

'

'

'

'

'

'

'

Decrease in restructuring reserve

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,700,000

Long lived assets held for use

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0

$4,800,000

'

'

'

'

'

'

'

PENSION_AND_OTHER_POSTRETIREME2

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Pension Plans Defined Benefit [Member]	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Service cost	$8,449	$10,061	$30,167	$30,194
Interest cost	7,163	6,564	20,679	19,695
Expected return on plan assets	-9,306	-8,382	-27,067	-25,152
Amortization of prior service cost	165	300	719	901
Amortization of unrecognized actuarial loss	3,560	2,755	11,767	8,266
Curtailments	-2,818	0	-107	0
Net postretirement benefit cost (income)	7,213	11,298	36,158	33,904
Other Postretirement Benefit Plan, Defined Benefit [Member]	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Service cost	81	109	280	329
Interest cost	213	232	630	695
Amortization of prior service cost	-158	-158	-472	-472
Amortization of unrecognized actuarial loss	-140	-180	-460	-539
Net postretirement benefit cost (income)	($4)	$3	($22)	$13

PENSION_AND_OTHER_POSTRETIREME3

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Additional) (Detail) (USD $)

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

3 Months Ended

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

31-May-13

Jun. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Domestic Defined Benefit Plan [Member]

Domestic Defined Benefit Plan [Member]

Domestic Defined Benefit Plan [Member]

Salaried Staff Pension Scheme and Penny and Giles Pension Plan [Member]

Foreign Defined Benefit [Member]

Other Postretirement Benefit Plan, Defined Benefit [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Accumulated Defined Benefit Plans Adjustment [Member]

Change in Assumptions for Pension Plans [Member]

Domestic Defined Benefit Plan [Member]

Salaried Staff Pension Scheme and Penny and Giles Pension Plan [Member]

Defined Benefit Plan Disclosure [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Reduction in defined benefit plan

'

'

'

'

'

'

$3,000,000

'

'

$7,000,000

'

'

'

'

'

'

'

Curtailments

'

'

'

'

'

'

'

2,000,000

'

2,800,000

'

'

'

'

'

'

'

Benefit obligation, period increase (decrease)

-1,000,000

'

'

'

'

'

-45,000,000

'

'

'

'

'

'

'

'

'

'

Prior period reclassification adjustment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,000,000

Gain (loss) in other comprehensive income

'

19,904,000

25,302,000

33,805,000

28,857,000

9,623,000

'

'

'

'

'

'

41,669,000

-16,331,000

-32,000,000

2,000,000

'

Contributions by employer

'

'

'

'

'

'

'

'

40,800,000

'

4,100,000

800,000

'

'

'

'

'

Future employer contributions

'

'

'

'

'

'

'

'

'

'

$5,000,000

$1,200,000

'

'

'

'

'

EARNINGS_PER_SHARE_Detail

EARNINGS PER SHARE (Detail)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share Reconciliation [Abstract]	'	'	'	'
Basic weighted-average shares outstanding (shares)	47,081	46,884	46,839	46,795
Dilutive effect of stock options and deferred stock compensation (shares)	982	531	846	698
Diluted weighted-average shares outstanding (shares)	48,063	47,415	47,685	47,493

EARNINGS_PER_SHARE_AntiDilutiv

EARNINGS PER SHARE (AntiDilutive) (Detail)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share [Abstract]	'	'
Antidilutive securities excluded from computation of earnings per share, amount	304,000	1,260,000

SEGMENT_INFORMATION_Detail

SEGMENT INFORMATION (Detail) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Dec. 31, 2012
					segment
Segment Reporting Information [Line Items]	'		'		'		'		'
Number of operating segments	'		'		3		'		'
Net sales	$600,667		$479,222		$1,811,041		$1,507,269		'
Operating income (expense)	62,887		23,366		158,701		99,465		'
Identifiable assets	3,289,166		'		3,289,166		'		3,114,588
Flow Control [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Net sales	311,480		236,733		943,164		778,177		'
Operating income (expense)	24,858		1,194		76,696		38,335		'
Identifiable assets	1,559,339		'		1,559,339		'		1,417,047
Controls [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Net sales	212,623		176,649		635,555		528,472		'
Operating income (expense)	32,620		22,790		72,142		59,246		'
Identifiable assets	1,360,945		'		1,360,945		'		1,365,112
Surface Technologies [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Net sales	77,004		68,446		235,137		209,602		'
Operating income (expense)	11,728		8,200		38,556		23,993		'
Identifiable assets	311,162		'		311,162		'		302,079
Intersegment Eliminations [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Net sales	-440		-2,606		-2,815		-8,982		'
Corporate and Eliminations [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Operating income (expense)	-6,319	[1]	-8,818	[1]	-28,693	[1]	-22,109	[1]	'
Corporate and Other [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Identifiable assets	$57,720		'		$57,720		'		$30,350
[1]	Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.

SEGMENT_INFORMATION_Reconcilia

SEGMENT INFORMATION (Reconciliation) (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Segment Reporting [Abstract]	'	'	'	'
Total operating income	$62,887	$23,366	$158,701	$99,465
Interest expense	-9,690	-6,648	-27,681	-19,656
Other income, net	378	-119	1,076	113
Earnings from continuing operations before income taxes	$53,575	$16,599	$132,096	$79,922

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Detail) (USD $)	3 Months Ended		9 Months Ended			12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013		Sep. 30, 2012	Dec. 31, 2012
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'	'	'		'	'
Beginning balance	'	'	($55,508)		($65,131)	($65,131)
Other comprehensive income (loss) before reclassifications	'	'	25,095	[1]	'	'
Amounts reclassified from accumulated other comprehensive loss	'	'	8,710	[1]	'	'
Other comprehensive income, net of tax	19,904	25,302	33,805		28,857	9,623
Ending balance	-21,703	'	-21,703		'	-55,508
Foreign Currency Translation Adjustments, Net [Member]	'	'	'		'	'
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'	'	'		'	'
Beginning balance	'	'	65,722		39,768	39,768
Other comprehensive income (loss) before reclassifications	'	'	-7,864	[1]	'	'
Amounts reclassified from accumulated other comprehensive loss	'	'	0	[1]	'	'
Other comprehensive income, net of tax	'	'	-7,864		'	25,954
Ending balance	57,858	'	57,858		'	65,722
Total Pension and Postretirment Adjustments, Net [Member]	'	'	'		'	'
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'	'	'		'	'
Beginning balance	'	'	-121,230		-104,899	-104,899
Other comprehensive income (loss) before reclassifications	'	'	32,959	[1]	'	'
Amounts reclassified from accumulated other comprehensive loss	'	'	8,710	[1]	'	'
Other comprehensive income, net of tax	'	'	41,669		'	-16,331
Ending balance	($79,561)	'	($79,561)		'	($121,230)
[1]	All amounts are after tax.

ACCUMULATED_OTHER_COMPREHENSIV3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Reclass) (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013		Sep. 30, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'		'
Earnings from continuing operations before income taxes	$53,575	$16,599	$132,096		$79,922
Income tax	-17,214	-5,156	-41,422		-25,802
Net earnings	36,361	11,299	90,674		75,351
Reclassification out of Accumulated Other Comprehensive Income [Member] | Total Pension and Postretirment Adjustments, Net [Member]	'	'	'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'		'
Amortization of prior service costs	'	'	-247	[1]	'
Amortization of actuarial losses	'	'	-11,307	[1]	'
Curtailments	'	'	-2,178	[1]	'
Earnings from continuing operations before income taxes	'	'	-13,732		'
Income tax	'	'	5,022		'
Net earnings	'	'	($8,710)		'
[1]	These items are included in the computation of net periodic pension cost. See Note 11, Pension and Other Postretirement Benefit Plans.

CONTINGENCIES_AND_COMMITMENTS_

CONTINGENCIES AND COMMITMENTS (Detail) (USD $)

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Jun. 03, 2013

Sep. 30, 2013

Jun. 05, 2013

Oct. 10, 2013

Oct. 10, 2013

Environmental Matters [Member]

Environmental Matters [Member]

Standby Letters Of Credit [Member]

Standby Letters Of Credit [Member]

FinancialStandbyLetterOfCreditMember

FinancialStandbyLetterOfCreditMember

PENNSYLVANIA

PENNSYLVANIA

IDAHO

IDAHO

Subsequent Event [Member]

Subsequent Event [Member]

building

building

Failure to Meet Contractual Obligations [Member]

acre

sqft

sqft

acre

Loss Contingencies [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Accrual for environmental loss contingencies

'

$16,800,000

$16,400,000

'

'

'

'

'

'

'

'

'

'

Letters of credit, outstanding

'

'

'

51,100,000

51,800,000

18,300,000

6,800,000

'

'

'

'

'

'

Surety Bond Outstanding

52,900,000

'

'

'

'

'

'

'

'

'

'

'

'

Damages sought

'

'

'

'

'

'

'

'

'

'

'

'

25,000,000

Range of possible loss, minimum

'

'

'

'

'

'

'

'

'

'

'

0

'

Range of possible loss, maximum

'

'

'

'

'

'

'

'

'

'

'

25,000,000

'

Number of buildings

'

'

'

'

'

'

'

'

2

'

2

'

'

Area of real estate property

'

'

'

'

'

'

'

'

178,975

'

112,000

'

'

Area of land

'

'

'

'

'

'

'

'

12.5

'

8.6

'

'

Future minimum operating expenses

'

'

'

'

'

'

'

$1,900,000

'

$1,100,000

'

'

'

Annual rent escalation

'

'

'

'

'

'

'

2.50%

'

2.50%

'

'

'

Term of operating lease

'

'

'

'

'

'

'

'15 years

'

'15 years

'

'

'

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	9 Months Ended		0 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Oct. 02, 2013	Oct. 02, 2013	Oct. 04, 2013
			Parvus Corporation [Member]	Ovalpath [Member]	Arens Controls [Member]
			Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
Subsequent Event [Line Items]	'	'	'	'	'
Payments for business combinations	$101,230,000	$6,231,000	$38,000,000	$2,500,000	$98,000,000
Contingent liability	'	'	'	$6,400,000	'