Curtiss-Wright (CW) 10-Q 30 Oct 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014
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-14
Document Fiscal Year Focus	'2014
Document Fiscal Period Focus	'Q3
Amendment Flag	'false
Entity common stock shares outstanding	48,024,062
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, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net sales	'	'	'	'
Product sales	$457,026	$417,259	$1,351,126	$1,232,336
Service sales	102,468	95,150	322,828	301,080
Total net sales	559,494	512,409	1,673,954	1,533,416
Cost of sales	'	'	'	'
Cost of product sales	301,592	270,902	890,051	809,949
Cost of service sales	64,474	62,829	207,430	196,492
Total cost of sales	366,066	333,731	1,097,481	1,006,441
Gross profit	193,428	178,678	576,473	526,975
Research and development expenses	16,909	14,693	51,150	45,395
Selling expenses	30,659	31,816	95,504	95,279
General and administrative expenses	71,720	66,539	222,757	221,311
Operating income	74,140	65,630	207,062	164,990
Interest expense	-9,013	-9,701	-27,054	-27,701
Other income, net	-158	288	-64	852
Earnings from continuing operations before income taxes	64,969	56,217	179,944	138,141
Provision for income taxes	20,659	18,282	56,359	43,801
Earnings from continuing operations	44,310	37,935	123,585	94,340
Loss from discontinued operations, net of taxes	-19,277	-1,574	-26,997	-3,666
Net earnings	$25,033	$36,361	$96,588	$90,674
Basic earnings per share	'	'	'	'
Earnings from continuing operations (usd per share)	$0.92	$0.81	$2.57	$2.02
Earnings from discontinued operations (usd per share)	($0.40)	($0.04)	($0.56)	($0.08)
Total, Basic earnings per share (usd per share)	$0.52	$0.77	$2.01	$1.94
Diluted earnings per share	'	'	'	'
Earnings from continuing operations (usd per share)	$0.90	$0.79	$2.52	$1.98
Earnings from discontinued operations (usd per share)	($0.39)	($0.03)	($0.55)	($0.08)
Total, Diluted earnings per share (usd per share)	$0.51	$0.76	$1.97	$1.90
Dividends per share	$0.13	$0.10	$0.39	$0.29
Weighted average shares outstanding:	'	'	'	'
Basic (shares)	48,067	47,081	48,054	46,839
Diluted (shares)	49,101	48,063	49,136	47,685

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, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'		'		'		'
Net earnings	$25,033		$36,361		$96,588		$90,674
Other comprehensive income	'		'		'		'
Foreign currency translation, net of tax (1)	-47,934	[1]	33,886	[1]	-40,114	[1]	-7,864	[1]
Pension and postretirement adjustments, net of tax (2)	1,147	[2]	-13,982	[2]	2,847	[2]	41,669	[2]
Other comprehensive income, net of tax	-46,787		19,904		-37,267		33,805
Comprehensive income (loss)	($21,754)		$56,265		$59,321		$124,479
[1]	The tax expense included in other comprehensive income for foreign currency translation adjustments for the three and nine months ended September 30, 2014 were $2.0 million and $1.3 million, respectively. The tax 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.
[2]	The tax expense included in other comprehensive income for pension and postretirement adjustments for the three and nine months ended September 30, 2014 were $0.7 million and $1.6 million, respectively. The tax 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.

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parentheticals) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	($2)	($1.40)	($1.30)	($1.50)
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax, Portion Attributable to Parent	($0.70)	($20.60)	($1.60)	($23.50)

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$222,471	$175,294
Receivables, net	539,638	603,592
Inventories, net	403,924	452,087
Deferred tax assets, net	46,707	47,650
Assets held for sale	316,211	0
Other current assets	81,731	58,660
Total current assets	1,610,682	1,337,283
Property, plant, and equipment, net	464,683	515,718
Goodwill	991,487	1,110,429
Other intangible assets, net	364,144	471,379
Other assets	22,827	23,465
Total assets	3,453,823	3,458,274
Current liabilities:	'	'
Current portion of long-term debt and short-term debt	606	1,334
Accounts payable	148,617	186,941
Accrued expenses	134,048	142,935
Income taxes payable	2,783	789
Deferred revenue	168,384	164,343
Liabilities held for sale	77,303	0
Other current liabilities	44,339	38,251
Total current liabilities	576,080	534,593
Long-term debt	936,006	958,604
Deferred tax liabilities, net	111,325	123,644
Accrued pension and other postretirement benefit costs	105,826	138,904
Long-term portion of environmental reserves	15,204	15,498
Other liabilities	111,790	134,326
Total liabilities	1,856,231	1,905,569
Stockholders' Equity	'	'
Common stock, $1 par value,100,000,000 shares authorized at September 30, 2014 and December 31, 2013; 49,189,702 shares issued at September 30, 2014 and December 31, 2013; outstanding shares were 48,024,062 at September 30, 2014 and 47,638,835 at December 31, 2013	49,190	49,190
Additional paid in capital	160,037	150,618
Retained earnings	1,458,782	1,380,981
Accumulated other comprehensive (loss) income	-12,008	25,259
Common treasury stock, at cost (1,165,640 shares at September 30, 2014 and 1,550,867 shares at December 31, 2013)	-58,409	-53,343
Total stockholders' equity	1,597,592	1,552,705
Total liabilities and stockholders' equity	$3,453,823	$3,458,274

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
Common stock, par value (usd per share)	$1	$1
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	49,189,702	49,189,702
Common Stock, Shares, Outstanding	48,024,062	47,638,835
Treasury Stock, Shares	1,165,640	1,550,867

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net earnings	$96,588	$90,674
Adjustments to reconcile net earnings to net cash provided by operating activities:	'	'
Depreciation and amortization	90,934	89,660
Loss on sale of businesses	15,178	0
Net loss on sale of fixed assets	402	40
Deferred income taxes	12,130	5,880
Share-based compensation	6,542	5,475
Impairment of fixed assets	2,357	0
Impairment of assets held for sale	17,573	0
Change in operating assets and liabilities, net of businesses acquired and divested:	'	'
Accounts receivable, net	-17,031	26,388
Inventories, net	-27,951	-36,335
Progress payments	-10,249	-7,589
Accounts payable and accrued expenses	-20,072	-6,803
Deferred revenue	18,525	-13,303
Income taxes payable	-6,053	-11,672
Net pension and postretirement liabilities	-30,825	-12,152
Other current and long-term assets and liabilities	5,125	4,123
Net cash provided by operating activities	153,173	134,386
Cash flows from investing activities:	'	'
Proceeds from sales and disposals of long lived assets	701	1,542
Proceeds from divestitures, net of cash sold	54,096	0
Proceeds from insurance	2,357	0
Additions to property, plant, and equipment	-54,480	-57,876
Acquisition of businesses, net of cash acquired	-34,362	-101,230
Additional consideration of prior period acquisitions	-989	-6,303
Net cash used for investing activities	-32,677	-163,867
Cash flows from financing activities:	'	'
Borrowings under revolving credit facility	363,458	610,735
Borrowings on debt	0	500,000
Payment of revolving credit facility	-414,157	-906,907
Principal payments on debt	-80	-125,024
Repurchases of common stock	-44,555	0
Proceeds from share-based compensation	34,924	21,556
Dividends paid	-12,536	-8,892
Capital lease payments	158	0
Excess tax benefits from share-based compensation plans	7,717	773
Net cash provided by (used for) financing activities	-65,071	92,241
Effect of exchange-rate changes on cash	-8,248	-3,421
Net increase in cash and cash equivalents	47,177	59,339
Cash and cash equivalents at beginning of period	175,294	112,023
Cash and cash equivalents at end of period	222,471	171,362
Supplemental disclosure of non-cash activities:	'	'
Capital expenditures incurred but not yet paid	638	1,500
Property and equipment acquired under build to suit transaction	$14,886	$0

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, 2012	'		$49,190	$151,883	$1,261,377	($55,508)	($94,350)
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'	'	'	'	'
Net earnings	'		'	'	137,981	'	'
Other comprehensive income, net of tax	80,767	[1]	'	'	'	80,767	'
Dividends paid/declared	'		'	'	-18,377	'	'
Stock options exercised, net of tax	'		0	-5,728	'	'	34,451
Restricted stock	'		'	-2,127	'	'	5,796
Share-based compensation	'		'	6,920	'	'	430
Other	'		'	-330	'	'	330
Ending Balance at Dec. 31, 2013	1,552,705		49,190	150,618	1,380,981	25,259	-53,343
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'		'	'	'	'	'
Net earnings	96,588		'	'	96,588	'	'
Other comprehensive income, net of tax	-37,267		'	'	'	-37,267	'
Dividends paid/declared	'		'	'	-18,787	'	'
Stock options exercised, net of tax	'		0	5,575	'	'	35,688
Restricted stock	'		'	-2,052	'	'	3,155
Share-based compensation	'		'	6,308	'	'	234
Repurchases of common stock	'		'	'	'	'	-44,555
Other	'		'	-412	'	'	412
Ending Balance at Sep. 30, 2014	$1,597,592		$49,190	$160,037	$1,458,782	($12,008)	($58,409)
[1]	All amounts are after tax.

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2014
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 commercial/industrial, defense, and energy markets.
	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.
	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 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, 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. There were no individual significant changes in estimated contract costs in the three and nine month periods ended September 30, 2014 and 2013. 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 2013 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.
	Changes in Segment Presentation
	As a result of certain organizational changes in 2014, the Corporation revised its reportable segments to align to the major markets it currently serves: Commercial/Industrial, Defense, and Energy. Prior period financial information has been reclassified to conform to the current period presentation. The change in reportable segments did not impact the Corporation's previously reported Condensed Consolidated Financial Statements. See Note 11 of the Notes to the Condensed Consolidated Financial Statements for more information on the Corporation's reportable segments.
	Discontinued operations
	During the second quarter the Corporation sold its Benshaw and 3D Radar businesses, which had been previously reported within the Defense segment, and during the third quarter, the Corporation sold its Vessels business, which had been previously reported within the Energy segment. In addition, during the third quarter, the Corporation reclassified (i) the upstream processing and downstream refining oil and gas businesses (ii) an engineered packaging business and an aviation ground vehicle support business and (iii) two surface treatment facilities, which had previously been reported within the Energy, Defense, and Commercial/Industrial segments, respectively, as assets held for sale. The results of operations of these businesses are reported as discontinued operations within our Condensed Consolidated Statements of Earnings. Prior year amounts have been restated to conform to the current year presentation. Please refer to Footnote 3 of our Condensed Consolidated Financial Statements for further information.
	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
	STANDARDS ISSUED BUT NOT YET EFFECTIVE
	In May 2014, the FASB issued a comprehensive new revenue recognition standard which will supersede previous existing revenue recognition guidance. The standard creates a five-step model for revenue recognition that requires companies to exercise judgment when considering contract terms and relevant facts and circumstances. The five-step model includes (1) identifying the contract, (2) identifying the separate performance obligations in the contract, (3) determining the transaction price, (4) allocating the transaction price to the separate performance obligations and (5) recognizing revenue when each performance obligation has been satisfied. The standard also requires expanded disclosures surrounding revenue recognition. The standard is effective for fiscal periods beginning after December 15, 2016 and allows for either full retrospective or modified retrospective adoption. The Corporation is currently evaluating the impact of the adoption of this standard on its consolidated financial statements.
	In April 2014, new guidance was issued that amends the current discontinued operations guidance. The new guidance limits discontinued operation reporting to situations where the disposal represents a strategic shift that has (or will have) a major effect on an entity's operations and financial results, and requires expanded disclosures for discontinued operations. The adoption of this new guidance will be effective prospectively for annual reporting periods beginning after December 15, 2014 and interim periods within those years, with early adoption permitted in certain instances. The Corporation plans to adopt the provisions of the new guidance during the first quarter of 2015. The significance of this guidance for the Corporation is dependent on any future divestitures or disposals.

ACQUISITION

ACQUISITION	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
ACQUISITION	'
	ACQUISITIONS
	The Corporation 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.  Adjustments to the purchase price allocation are made only for those items identified as of the acquisition date and prior to completion of the measurement period.
	The Corporation acquired three businesses during the nine months ended September 30, 2014, described in more detail below.
	The amounts of net sales and net earnings included in the Corporation’s consolidated statement of earnings from the acquisition date to the period ended September 30, 2014 are $12.6 million and $0.3 million, respectively.
	COMMERCIAL/INDUSTRIAL
	Component Coating and Repair Services Limited
	On January 10, 2014, the Corporation acquired 100% of the issued and outstanding capital stock of Component Coating and Repair Services Limited (CCRS) for approximately £15 million ($25 million) in cash, net of cash acquired. The Share Purchase 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 sellers. CCRS operates out of two locations in Glasgow and Alfreton in the United Kingdom and will operate within the Corporation's Commercial/Industrial segment. CCRS is a provider of corrosion resistant coatings and precision airfoil repair services for aerospace and industrial turbine applications. Revenues were approximately $9.9 million in the latest fiscal year ending May 31, 2013.
	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)	CCRS
	Accounts receivable	$	2,984
	Inventory	64
	Property, plant, and equipment	1,987
	Other current and non-current assets	71
	Intangible assets	9,560
	Current and non-current liabilities	(1,754		)
	Deferred income taxes	(2,058		)
	Net tangible and intangible assets	10,854
	Purchase price	24,644
	Goodwill	$	13,790
	Amount of tax deductible goodwill	$	—
	ENERGY
	Engemasa Pressure Relief Valves
	On June 4, 2014, the Corporation acquired the valve division of Engemasa Engenharia E Materiais LTDA of Sao Carlos, Brazil
	for approximately $1.8 million in cash. The division will operate within the Corporation's Energy segment.
	Nuclear Power Services Inc.
	On February 18, 2014, the Corporation acquired certain assets and assumed certain liabilities of Nuclear Power Services Inc. (NPSI) for approximately CAD 9 million (approximately $8.0 million) in cash. The Asset Purchase Agreement contains representations and warranties customary for a transaction of this type, including a portion of the purchase price held back as security for potential indemnification claims against the seller. NPSI is based in Ontario, Canada and will operate within the Corporation's Energy segment. NPSI provides qualified nuclear component sourcing, Equipment Qualification, Commercial Grade Dedication (CGD) services, and Instrumentation & Control component manufacturing primarily to the Canadian and International CANDU nuclear industry. NPSI generated revenues of approximately $4.9 million for the year ended December 31, 2013.
	Supplemental Pro Forma Statements of Operations Data
	The assets, liabilities and results of operations of the businesses acquired in 2014 were not material to the Corporation’s consolidated financial position or results of operations and therefore pro forma financial information for the acquisitions are not presented.
	As it relates to the prior year, 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, 2013 as if the acquisitions had occurred on January 1, 2013 for purposes of the financial information presented for the period ended September 30, 2013.
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
	(In thousands, except per share data)	2013			2013
	Net sales	$	622,965		$	1,880,664
	Net earnings from continuing operations	38,571			94,610
	Diluted earnings per share from continuing operations	0.8			1.98
	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 the Corporation 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 $1.0 million and $3.7 million for the three and nine months ended, September 30, 2013, respectively.
	•	Additional interest expense associated with the incremental borrowings that would have been incurred to acquire these companies as of January 1, 2012 of $1.2 million and $4.3 million for the three and nine months ended, September 30, 2013, respectively.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE
	As part of a strategic portfolio review conducted in 2014 the Corporation has identified certain businesses which it considers non-core. The Corporation considers businesses non-core when the business' products or services do not complement its existing businesses and where the long-term growth prospects are below the Corporation's expectations. As part of this initiative, the Corporation has divested three businesses, two in the second quarter of 2014 and one in the third quarter of 2014. Additionally, during the third quarter of 2014, the Corporation classified certain other businesses as held for sale. The results of operations of these businesses are reported as discontinued operations within our Condensed Consolidated Statements of Earnings and prior year amounts have been restated to conform to the current year presentation.
	COMMERCIAL/INDUSTRIAL
	Surface Technologies
	During the third quarter of 2014, the Corporation committed to a plan to sell two surface technology treatment facilities, within the Commercial/Industrial segment. As of September 30, 2014, the business has been classified as held for sale and the results of operations for the businesses have been presented as discontinued operations. Discontinued operations for the three and nine months ended September 30, 2014, included net sales of $1.2 million and $3.7 million, respectively, and a loss before income taxes of $1.1 million for both the three and nine months ended September 30, 2014. Included in the three and nine months ended September 30, 2014 loss before income taxes is a $1.0 million impairment on the held for sale asset disposal group.
	DEFENSE
	Aviation Ground Support Equipment
	During the third quarter of 2014, the Corporation committed to a plan to sell its aviation ground support equipment business, within the Defense segment. As of September 30, 2014, the business has been classified as held for sale and the results of operations for the business have been presented as discontinued operations. Discontinued operations for the three and nine months ended September 30, 2014, included net sales of $7.4 million and $21.1 million, respectively, and a loss before income taxes of $6.6 million and $7.7 million, respectively. Included in the three and nine months ended September 30, 2014 loss before income taxes is a $6.5 million impairment on the held for sale asset disposal group.
	Engineered Packaging
	During the third quarter of 2014, the Corporation committed to a plan to sell its Engineered Packaging business, within the Defense segment. As of September 30, 2014, the business has been classified as held for sale and the results of operations for the business have been presented as discontinued operations. Discontinued operations for the three and nine months ended September 30, 2014, included net sales of $4.5 million and $15.0 million, respectively, and a loss before income taxes of $2.6 million and $1.4 million, respectively. Included in the three and nine months ended September 30, 2014 loss before income taxes is a $3.0 million impairment on the held for sale asset disposal group.
	Benshaw
	On June 30, 2014, the Corporation sold the assets of its Benshaw business, which was reported in the Defense segment, to Regal-Beloit Corporation for $49.7 million in cash, net of cash sold, and the final working capital adjustment. Benshaw's operating results are included in discontinued operations in the Corporation’s Consolidated Statement of Earnings for all periods presented. Discontinued operations included net sales of $14.3 million and $29.0 million for the three and six months ended June 30, 2014, respectively. Discontinued operations included a loss before income taxes of $2.4 million and $3.1 million for the three and six months ended June 30, 2014, respectively. The Corporation recognized a pre-tax loss on divestiture of $7.3 million.
	3D Radar
	On April 30, 2014, the Corporation sold the assets of the 3D Radar business, within the Defense segment, to Chemring Group PLC for $2.4 million in cash, net of the final working capital adjustment. 3D Radar's operating results are included in discontinued operations in the Corporation’s Consolidated Statement of Earnings for all periods presented. The disposal resulted in a $0.6 million pre-tax gain. Discontinued operations included net sales of $0.2 million and $0.3 million for the three and six months ended June 30, 2014, respectively and a loss before income taxes of $0.3 million and $1.1 million for the three and six months ended June 30, 2014, respectively.
	ENERGY
	Downstream
	During the third quarter of 2014, the Corporation committed to a plan to sell its downstream oil and gas business, within the Energy segment. As of September 30, 2014, the business has been classified as held for sale and the results of operations for the business has been presented as discontinued operations. Discontinued operations for the three and nine months ended September 30, 2014, included net sales of $29.0 million and $85.0 million, respectively, and a loss before income taxes of $10.3 million for both the three and nine months ended September 30, 2014. Included in the three and nine months ended September 30, 2014 loss before income taxes is a $7.0 million impairment on the Downstream held for sale asset disposal group.
	Upstream
	During the third quarter of 2014, the Corporation committed to a plan to sell its upstream oil and gas business, within the Energy segment. As of September 30, 2014, the business has been classified as held for sale and the results of operations for the business has been presented as discontinued operations. Discontinued operations for the three and nine months ended September 30, 2014, included net sales of $35.1 million and $116.0 million, respectively, and earnings before income taxes of $3.7 million and $11.1 million for the three and nine months ended September 30, 2014, respectively.
	Vessels
	During the third quarter of 2014, the Corporation completed the sale of its Vessels business, within the Energy segment, for $2.0 million in cash, net of transaction costs. The Corporation recognized a pre-tax loss on divestiture of $8.6 million. Discontinued operations for the three and nine months ended September 30, 2014, included net sales of $1.8 million and $5.5 million, respectively, and a loss before income taxes of $2.8 million and $10.8 million, respectively.
	The aggregate financial results of all discontinued operations were as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net sales	$	79,099		$	88,258		$	275,612		$	277,625
	Loss from discontinued operations before income taxes(1)	(19,642		)	(2,642		)	(24,317		)	(6,045		)
	Income tax benefit	5,470			1,068			6,849			2,379
	Loss on sale businesses (2)	$	(5,105	)	$	—		$	(9,529	)	$	—
	Loss from discontinued operations	$	(19,277	)	$	(1,574	)	$	(26,997	)	$	(3,666	)
	(1) - Loss from discontinued operations before income taxes includes approximately $17.6 million of held for sale impairment expense in the three and nine months ended September 30, 2014.
	(2) - Net of tax benefit for the three and nine months ended September 30, 2014 of $3.0 million and $5.8 million, respectively.
	The aggregate components of the assets classified as held for sale, are as follows:
					30-Sep-14
	Assets held for sale:
	Receivables, net				$	73,021
	Inventories, net				52,469
	Property, plant, and equipment, net				34,973
	Goodwill				106,531
	Intangibles				62,719
	Other assets				4,028
	Reserve for assets held for sale				(17,530		)
	Total assets held for sale, current				$	316,211
	Liabilities held for sale
	Accounts payable				$	21,170
	Accrued expenses				11,066
	Income taxes payable				298
	Other current liabilities				16,471
	Deferred tax liabilities, net				28,262
	Other liabilities				36
	Total liabilities held for sale, current				$	77,303

RECEIVABLES

RECEIVABLES	9 Months Ended
	Sep. 30, 2014
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, 2014			December 31, 2013
	Billed receivables:
	Trade and other receivables	$	394,822		$	444,841
	Less: Allowance for doubtful accounts	(5,915		)	(6,857		)
	Net billed receivables	388,907			437,984
	Unbilled receivables:
	Recoverable costs and estimated earnings not billed	162,416			184,120
	Less: Progress payments applied	(11,685		)	(18,512		)
	Net unbilled receivables	150,731			165,608
	Receivables, net	$	539,638		$	603,592

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2014
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 or market. The composition of inventories is as follows:
		(In thousands)
		30-Sep-14			31-Dec-13
	Raw materials	$	204,542		$	231,219
	Work-in-process	104,588			114,372
	Finished goods and component parts	98,493			117,444
	Inventoried costs related to long-term contracts	62,011			58,796
	Gross inventories	469,634			521,831
	Less:  Inventory reserves	(53,788		)	(54,400		)
	Progress payments applied	(11,922		)	(15,344		)
	Inventories, net	$	403,924		$	452,087
	As of September 30, 2014 and December 31, 2013, inventory also includes capitalized contract development costs of $43.9 million and $37.1 million, respectively, related to certain aerospace and defense programs.  These capitalized costs will be liquidated as production units are delivered to the customers.  As of September 30, 2014 and December 31, 2013, $13.0 million and $13.8 million, respectively, are scheduled to be liquidated under existing firm orders.

GOODWILL

GOODWILL	9 Months Ended
	Sep. 30, 2014
Goodwill [Abstract]	'
GOODWILL	'
	GOODWILL
	The changes in the carrying amount of goodwill, revised to reflect the Corporation's new segment structure, for the nine months ended September 30, 2014 are as follows:
		(In thousands)
		Commercial/Industrial			Defense			Energy			Consolidated
	December 31, 2013	$	347,819		$	485,431		$	277,179		$	1,110,429
	Acquisitions	13,790			—			4,705			18,495
	Assets held for sale	—			(4,735		)	(101,796		)	(106,531		)
	Divestitures	—			(11,355		)	(1,460		)	(12,815		)
	Goodwill adjustments	(1,096		)	(254		)	—			(1,350		)
	Foreign currency translation adjustment	(5,199		)	(10,763		)	(779		)	(16,741		)
	September 30, 2014	$	355,314		$	458,324		$	177,849		$	991,487

OTHER_INTANGIBLE_ASSETS_NET

OTHER INTANGIBLE ASSETS, NET	9 Months Ended
	Sep. 30, 2014
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. Intangible assets related to discontinued operations have been reclassified to Assets held for sale.
		(In thousands)
	September 30, 2014	Gross		Accumulated Amortization			Net
	Technology	$	180,362	$	(83,173	)	$	97,189
	Customer related intangibles	363,429		(120,094		)	243,335
	Other intangible assets	39,957		(16,337		)	23,620
	Total	$	583,748	$	(219,604	)	$	364,144
		(In thousands)
	December 31, 2013	Gross		Accumulated Amortization			Net
	Technology	$	213,888	$	(88,644	)	$	125,244
	Customer related intangibles	430,604		(127,194		)	303,410
	Other intangible assets	66,436		(23,711		)	42,725
	Total	$	710,928	$	(239,549	)	$	471,379
	During the first nine months of 2014, the Corporation acquired intangible assets of $13.5 million, primarily consisting of Customer related intangibles of $13.2 million with a weighted average amortization period of 13.3 years.
	Total intangible amortization expense for the nine months ended September 30, 2014 and September 30, 2013 was $36.0 million.  The estimated amortization expense for the five years ending December 31, 2014 through 2018 is $45.9 million, $43.0 million, $41.7 million, $41.1 million, and $39.6 million, respectively.

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2014
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, primarily forward 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.
	The notional amounts of the Corporation’s outstanding interest rate swaps designated as fair value hedges were $400 million at September 30, 2014.
	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, 2014			December 31, 2013
	Assets
	Undesignated for hedge accounting
	Forward exchange contracts	$	55		$	605
	Total asset derivatives (A)	$	55		$	605
	Liabilities
	Designated for hedge accounting
	Interest rate swaps	$	22,394		$	49,845
	Undesignated for hedge accounting
	Forward exchange contracts	$	198		$	277
	Total liability derivatives (B)	$	22,592		$	50,122
	(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		2014			2013				2014			2013			2014			2013		2014			2013
	Other income, net		$	2,517		$	(3,106	)		$	27,451		$	(39,679	)	$	(2,517	)	$	3,106	$	(27,451	)	$	39,679
	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		2014			2013				2014			2013
	Forward exchange contracts:
	General and administrative expenses		$	2,446		$	2,143			$	1,516		$	(3,693	)
	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, 2014.  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.
		September 30, 2014							December 31, 2013
	(In thousands)	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	—			—				50,000			50,000
	5.51% Senior notes due 2017	150,000			164,382				150,000			163,059
	3.84% Senior notes due 2021	99,431			99,431				98,632			98,632
	3.70% Senior notes due 2023	225,000			225,490				225,000			209,140
	3.85% Senior notes due 2025	94,771			94,771				88,555			88,555
	4.24% Senior notes due 2026	187,924			187,924				173,557			173,557
	4.05% Senior notes due 2028	70,479			70,479				64,411			64,411
	4.11% Senior notes due 2028	100,000			98,712				100,000			89,252
	Other debt	607			607				1,383			1,383
	Total debt	$	936,612		$	950,196			$	959,938		$	946,389
	Nonrecurring measurements
	As discussed in Note 3. Discontinued Operations and Assets Held For Sale, the Corporation classified certain businesses as held for sale during the third quarter. In accordance with the provisions of the Impairment or Disposal of Long-Lived Assets guidance of FASB Codification Subtopic 360–10, the carrying amount of the disposal groups were written down to their estimated fair value, less costs to sell, resulting in an impairment charge of $17.6 million, which was included in the loss from discontinued operations before income taxes for the three and nine month periods ended September 30, 2014. The fair value of the disposal groups were determined primarily by using non-binding quotes. 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, 2014
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 2013 Annual Report on Form 10-K.  The postretirement benefits information includes the domestic Curtiss-Wright Corporation, Williams, 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, 2014 and 2013 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Service cost	$	6,227		$	8,449		$	18,969		$	30,167
	Interest cost	7,799			7,163			22,895			20,679
	Expected return on plan assets	(10,521		)	(9,306		)	(31,359		)	(27,067		)
	Amortization of prior service cost	157			165			472			719
	Amortization of unrecognized actuarial loss	2,147			3,560			5,113			11,767
	Curtailments	—			(2,818		)	—			(107		)
	Net periodic benefit cost	$	5,809		$	7,213		$	16,090		$	36,158
	During the nine months ended September 30, 2014, the Corporation made $39.8 million in contributions to the Curtiss-Wright Pension Plan, and does not expect to make further contributions in 2014.  In addition, contributions of $3.1 million were made to the Corporation’s foreign benefit plans during the nine months ended September 30, 2014.  Contributions to the foreign benefit plans are expected to be $3.4 million in 2014.
	Other Postretirement Benefit Plans
	The components of the Corporation's net postretirement benefit cost for the three and nine months ended September 30, 2014 and 2013 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Service cost	$	71		$	81		$	212		$	280
	Interest cost	220			213			658			630
	Amortization of prior service cost	(164		)	(158		)	(492		)	(472		)
	Amortization of unrecognized actuarial gain	(203		)	(140		)	(608		)	(460		)
	Net postretirement benefit cost (income)	$	(76	)	$	(4	)	$	(230	)	$	(22	)
	During the nine months ended September 30, 2014, the Corporation paid $1 million to the postretirement plans.  During 2014, the Corporation anticipates contributing $1.7 million to the postretirement plans.
	Defined Contribution Retirement Plan
	Effective January 1, 2014, all non-union employees who are not currently receiving final or career average pay benefits became eligible to receive employer contributions in the Corporation's sponsored 401(k) plan. The employer contributions include both employer match and non-elective contribution components, up to a maximum employer contribution of 6% of eligible compensation.  The expense relating to the plan was $10.6 million for the nine months ended September 30, 2014.  The Corporation made $4.8 million in contributions to the plan during the nine months ended September 30, 2014, and expects to make total contributions of $7.0 million in 2014.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2014
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,
		2014	2013	2014	2013
	Basic weighted-average shares outstanding	48,067	47,081	48,054	46,839
	Dilutive effect of stock options and deferred stock compensation	1,034	982	1,082	846
	Diluted weighted-average shares outstanding	49,101	48,063	49,136	47,685
	As of September 30, 2014, there were no options outstanding that were considered anti-dilutive. As of September 30, 2013 there were 304,000 stock options outstanding 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, 2014
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	SEGMENT INFORMATION
	Prior to the first quarter of 2014, the Corporation reported its results of operations through three segments: Flow Control, Controls, and Surface Technologies. Beginning in the first quarter of 2014, the Corporation realigned its reportable segments with its end markets to strengthen its ability to service customers and recognize certain organizational efficiencies. As a result of this realignment the Corporation has three new reportable segments: Commercial/Industrial, Defense, and Energy. The Corporation's former Surface Technologies segment is consolidated within the new Commercial/Industrial segment. The commercial businesses which were in the former Controls segment form part of the new Commercial/Industrial segment. The Corporation's defense businesses, which were primarily in the Corporation’s former Controls segment and to a lesser extent in the former Flow Control segment, are now consolidated within the new Defense segment. The Corporation's Oil and Gas and Nuclear divisions, which were in the former Flow Control segment, form the new Energy segment.
	The Corporation's measure of segment profit or loss is operating income. Interest expense and income taxes are not reported on an operating segment basis because they are not considered in the segments’ performance evaluation by the Corporation’s chief operating decision-maker, its Chief Executive Officer.
	Net sales and operating income by reportable segment was as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net sales
	Commercial/Industrial	$	273,562		$	240,490		$	814,282		$	700,343
	Defense	183,498			176,052			539,782			535,773
	Energy	104,018			97,372			325,105			302,398
	Less: Intersegment revenues	(1,584		)	(1,505		)	(5,215		)	(5,098		)
	Total consolidated	$	559,494		$	512,409		$	1,673,954		$	1,533,416
	Operating income (expense)
	Commercial/Industrial	$	40,096		$	31,145		$	106,615		$	75,524
	Defense	26,974			25,521			73,553			71,808
	Energy	17,491			15,102			51,294			45,628
	Corporate and eliminations (1)	(10,421		)	(6,138		)	(24,400		)	(27,970		)
	Total consolidated operating income	$	74,140		$	65,630		$	207,062		$	164,990
	Reconciliation to Earnings from continuing operations before income taxes
	Interest expense	$	(9,013	)	$	(9,701	)	$	(27,054	)	$	(27,701	)
	Other income, net	$	(158	)	$	288		$	(64	)	$	852
	Earnings from continuing operations before income taxes	$	64,969		$	56,217		$	179,944		$	138,141
	(1) Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.
		(In thousands)
		30-Sep-14			31-Dec-13
	Identifiable assets
	Commercial/Industrial	$	1,351,756		$	1,310,521
	Defense	1,180,390			1,292,462
	Energy	795,642			798,028
	Corporate and Other	126,035			57,263
	Total consolidated	$	3,453,823		$	3,458,274
	Within the Commercial/Industrial, Defense and Energy segments are $1.7 million, $23.5 million, and $291.1 million, respectively, of assets classified as held for sale.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2014
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, 2012	$	65,722		$	(121,230	)	$	(55,508	)
	Current period other comprehensive income (loss) (1)	(6,619		)	87,386			80,767
	December 31, 2013	$	59,103		$	(33,844	)	$	25,259
	Other comprehensive income before reclassifications (1)	(40,114		)	(18		)	(40,132		)
	Amounts reclassified from accumulated other comprehensive income (1)	—			2,865			2,865
	Net current period other comprehensive income	(40,114		)	2,847			(37,267		)
	September 30, 2014	$	18,989		$	(30,997	)	$	(12,008	)
	-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	20			-1
	Amortization of actuarial losses	(4,505		)	-1
		(4,485		)	Total before tax
		1,620			Income tax
	Total reclassifications	$	(2,865	)	Net of tax
	-1	These items are included in the computation of net periodic pension cost.  See Note 9, Pension and Other Postretirement Benefit Plans.

CONTINGENCIES_AND_COMMITMENTS

CONTINGENCIES AND COMMITMENTS	9 Months Ended
	Sep. 30, 2014
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.
	In December 2013, the Corporation, along with other unaffiliated parties, received a claim from Canadian Natural Resources Limited (CNRL) filed in the Court of Queen's Bench of Alberta, Judicial District of Calgary. The claim pertains to a January 2011 fire and explosion at a delayed coker unit at its Fort McMurray refinery that resulted in the injury of five CNRL employees, damage to property and equipment, and various forms of consequential loss, such as loss of profit, lost opportunities, and business interruption. The fire and explosion occurred when a CNRL employee bypassed certain safety controls and opened an operating coker unit. The total quantum of alleged damages arising from the incident has not been finalized, but is estimated to meet or exceed $1 billion.  The Corporation maintains various forms of commercial, property and casualty, product liability, and other forms of insurance; however, such insurance may not be adequate to cover all the costs associated with a judgment against us. The Corporation is currently unable to estimate an amount, or range of potential losses, if any, from this matter. The Corporation believes it has adequate legal defenses and intends to defend this matter vigorously. The Corporation's financial condition, results of operations, and cash flows, could be materially affected during a future fiscal quarter or fiscal year by unfavorable developments or outcome regarding this claim.
	In addition to the CNRL litigation, the Corporation is party to a number of other 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 $16.0 million at September 30, 2014 and $16.3 million at December 31, 2013.  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, 2014 and December 31, 2013, there were $40.4 million and $47.2 million of stand-by letters of credit outstanding, respectively, and $18.2 million and $23.2 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
	Within the Corporation’s Defense segment, our 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 provisions for failure to meet contractual delivery dates if the Corporation caused the delay and the delay was not excusable. The Corporation would be liable for liquidated damages if the Corporation was deemed responsible for not meeting the delivery dates. 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. As of September 30, 2014, the Corporation has not met certain contractual delivery dates under its AP 1000 China and US contracts; however there are significant counterclaims and uncertainties as to which parties are responsible for the delays.  Given the uncertainties surrounding the responsibility for the delays no accrual has been made for this matter.  As of September 30, 2014, the range of possible loss is $0 to $40 million for the delivery dates that have not been met.

BASIS_OF_PRESENTATION_Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2014
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 commercial/industrial, defense, and energy markets.
	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.
	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 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, 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. There were no individual significant changes in estimated contract costs in the three and nine month periods ended September 30, 2014 and 2013. 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 2013 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.
Discontinued operations	'
	Discontinued operations
	During the second quarter the Corporation sold its Benshaw and 3D Radar businesses, which had been previously reported within the Defense segment, and during the third quarter, the Corporation sold its Vessels business, which had been previously reported within the Energy segment. In addition, during the third quarter, the Corporation reclassified (i) the upstream processing and downstream refining oil and gas businesses (ii) an engineered packaging business and an aviation ground vehicle support business and (iii) two surface treatment facilities, which had previously been reported within the Energy, Defense, and Commercial/Industrial segments, respectively, as assets held for sale. The results of operations of these businesses are reported as discontinued operations within our Condensed Consolidated Statements of Earnings. Prior year amounts have been restated to conform to the current year presentation. Please refer to Footnote 3 of our Condensed Consolidated Financial Statements for further information.
Corrections of Prior Years Amounts	'
	Changes in Segment Presentation
	As a result of certain organizational changes in 2014, the Corporation revised its reportable segments to align to the major markets it currently serves: Commercial/Industrial, Defense, and Energy. Prior period financial information has been reclassified to conform to the current period presentation. The change in reportable segments did not impact the Corporation's previously reported Condensed Consolidated Financial Statements. See Note 11 of the Notes to the Condensed Consolidated Financial Statements for more information on the Corporation's reportable segments.
	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.

ACQUISITION_Table

ACQUISITION (Table)	9 Months Ended
	Sep. 30, 2014
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)	CCRS
	Accounts receivable	$	2,984
	Inventory	64
	Property, plant, and equipment	1,987
	Other current and non-current assets	71
	Intangible assets	9,560
	Current and non-current liabilities	(1,754		)
	Deferred income taxes	(2,058		)
	Net tangible and intangible assets	10,854
	Purchase price	24,644
	Goodwill	$	13,790
	Amount of tax deductible goodwill	$	—
Business Acquisition Pro Forma Information	'
	As it relates to the prior year, 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, 2013 as if the acquisitions had occurred on January 1, 2013 for purposes of the financial information presented for the period ended September 30, 2013.
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
	(In thousands, except per share data)	2013			2013
	Net sales	$	622,965		$	1,880,664
	Net earnings from continuing operations	38,571			94,610
	Diluted earnings per share from continuing operations	0.8			1.98

DISCONTINUED_OPERATIONS_Table

DISCONTINUED OPERATIONS (Table)	9 Months Ended
	Sep. 30, 2014
Income Statement Disclosures By Disposal Groups Including Discontinued Operations [Line Items]	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	'
	The aggregate financial results of all discontinued operations were as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net sales	$	79,099		$	88,258		$	275,612		$	277,625
	Loss from discontinued operations before income taxes(1)	(19,642		)	(2,642		)	(24,317		)	(6,045		)
	Income tax benefit	5,470			1,068			6,849			2,379
	Loss on sale businesses (2)	$	(5,105	)	$	—		$	(9,529	)	$	—
	Loss from discontinued operations	$	(19,277	)	$	(1,574	)	$	(26,997	)	$	(3,666	)
	(1) - Loss from discontinued operations before income taxes includes approximately $17.6 million of held for sale impairment expense in the three and nine months ended September 30, 2014.
	(2) - Net of tax benefit for the three and nine months ended September 30, 2014 of $3.0 million and $5.8 million, respectively.
	The aggregate components of the assets classified as held for sale, are as follows:
					30-Sep-14
	Assets held for sale:
	Receivables, net				$	73,021
	Inventories, net				52,469
	Property, plant, and equipment, net				34,973
	Goodwill				106,531
	Intangibles				62,719
	Other assets				4,028
	Reserve for assets held for sale				(17,530		)
	Total assets held for sale, current				$	316,211
	Liabilities held for sale
	Accounts payable				$	21,170
	Accrued expenses				11,066
	Income taxes payable				298
	Other current liabilities				16,471
	Deferred tax liabilities, net				28,262
	Other liabilities				36
	Total liabilities held for sale, current				$	77,303

RECEIVABLES_Table

RECEIVABLES (Table)	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Schedule Of Accounts Notes Loans And Financing Receivable	'
	The composition of receivables is as follows:
		(In thousands)
		September 30, 2014			December 31, 2013
	Billed receivables:
	Trade and other receivables	$	394,822		$	444,841
	Less: Allowance for doubtful accounts	(5,915		)	(6,857		)
	Net billed receivables	388,907			437,984
	Unbilled receivables:
	Recoverable costs and estimated earnings not billed	162,416			184,120
	Less: Progress payments applied	(11,685		)	(18,512		)
	Net unbilled receivables	150,731			165,608
	Receivables, net	$	539,638		$	603,592

INVENTORIES_Table

INVENTORIES (Table)	9 Months Ended
	Sep. 30, 2014
Inventory, Net [Abstract]	'
Schedule Of Inventory	'
	The composition of inventories is as follows:
		(In thousands)
		30-Sep-14			31-Dec-13
	Raw materials	$	204,542		$	231,219
	Work-in-process	104,588			114,372
	Finished goods and component parts	98,493			117,444
	Inventoried costs related to long-term contracts	62,011			58,796
	Gross inventories	469,634			521,831
	Less:  Inventory reserves	(53,788		)	(54,400		)
	Progress payments applied	(11,922		)	(15,344		)
	Inventories, net	$	403,924		$	452,087

GOODWILL_Table

GOODWILL (Table)	9 Months Ended
	Sep. 30, 2014
Goodwill [Abstract]	'
Schedule Of Goodwill	'
	The changes in the carrying amount of goodwill, revised to reflect the Corporation's new segment structure, for the nine months ended September 30, 2014 are as follows:
		(In thousands)
		Commercial/Industrial			Defense			Energy			Consolidated
	December 31, 2013	$	347,819		$	485,431		$	277,179		$	1,110,429
	Acquisitions	13,790			—			4,705			18,495
	Assets held for sale	—			(4,735		)	(101,796		)	(106,531		)
	Divestitures	—			(11,355		)	(1,460		)	(12,815		)
	Goodwill adjustments	(1,096		)	(254		)	—			(1,350		)
	Foreign currency translation adjustment	(5,199		)	(10,763		)	(779		)	(16,741		)
	September 30, 2014	$	355,314		$	458,324		$	177,849		$	991,487

OTHER_INTANGIBLE_ASSETS_NET_Ta

OTHER INTANGIBLE ASSETS, NET (Table)	9 Months Ended
	Sep. 30, 2014
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. Intangible assets related to discontinued operations have been reclassified to Assets held for sale.
		(In thousands)
	September 30, 2014	Gross		Accumulated Amortization			Net
	Technology	$	180,362	$	(83,173	)	$	97,189
	Customer related intangibles	363,429		(120,094		)	243,335
	Other intangible assets	39,957		(16,337		)	23,620
	Total	$	583,748	$	(219,604	)	$	364,144
		(In thousands)
	December 31, 2013	Gross		Accumulated Amortization			Net
	Technology	$	213,888	$	(88,644	)	$	125,244
	Customer related intangibles	430,604		(127,194		)	303,410
	Other intangible assets	66,436		(23,711		)	42,725
	Total	$	710,928	$	(239,549	)	$	471,379

FAIR_VALUE_OF_FINANCIAL_INSTRU1

FAIR VALUE OF FINANCIAL INSTRUMENTS (Table)	9 Months Ended
	Sep. 30, 2014
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, 2014			December 31, 2013
	Assets
	Undesignated for hedge accounting
	Forward exchange contracts	$	55		$	605
	Total asset derivatives (A)	$	55		$	605
	Liabilities
	Designated for hedge accounting
	Interest rate swaps	$	22,394		$	49,845
	Undesignated for hedge accounting
	Forward exchange contracts	$	198		$	277
	Total liability derivatives (B)	$	22,592		$	50,122
	(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		2014			2013				2014			2013			2014			2013		2014			2013
	Other income, net		$	2,517		$	(3,106	)		$	27,451		$	(39,679	)	$	(2,517	)	$	3,106	$	(27,451	)	$	39,679
	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		2014			2013				2014			2013
	Forward exchange contracts:
	General and administrative expenses		$	2,446		$	2,143			$	1,516		$	(3,693	)
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	'
		September 30, 2014							December 31, 2013
	(In thousands)	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	—			—				50,000			50,000
	5.51% Senior notes due 2017	150,000			164,382				150,000			163,059
	3.84% Senior notes due 2021	99,431			99,431				98,632			98,632
	3.70% Senior notes due 2023	225,000			225,490				225,000			209,140
	3.85% Senior notes due 2025	94,771			94,771				88,555			88,555
	4.24% Senior notes due 2026	187,924			187,924				173,557			173,557
	4.05% Senior notes due 2028	70,479			70,479				64,411			64,411
	4.11% Senior notes due 2028	100,000			98,712				100,000			89,252
	Other debt	607			607				1,383			1,383
	Total debt	$	936,612		$	950,196			$	959,938		$	946,389

PENSION_AND_OTHER_POSTRETIREME1

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Table)	9 Months Ended
	Sep. 30, 2014
Pension Plans Defined Benefit [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Schedule Of Defined Benefit Plans Disclosures	'
	The components of net periodic pension cost for the three and nine months ended September 30, 2014 and 2013 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Service cost	$	6,227		$	8,449		$	18,969		$	30,167
	Interest cost	7,799			7,163			22,895			20,679
	Expected return on plan assets	(10,521		)	(9,306		)	(31,359		)	(27,067		)
	Amortization of prior service cost	157			165			472			719
	Amortization of unrecognized actuarial loss	2,147			3,560			5,113			11,767
	Curtailments	—			(2,818		)	—			(107		)
	Net periodic benefit cost	$	5,809		$	7,213		$	16,090		$	36,158
Other Postretirement Benefit Plan, Defined Benefit [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Schedule Of Defined Benefit Plans Disclosures	'
	three and nine months ended September 30, 2014 and 2013 are as follows:
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Service cost	$	71		$	81		$	212		$	280
	Interest cost	220			213			658			630
	Amortization of prior service cost	(164		)	(158		)	(492		)	(472		)
	Amortization of unrecognized actuarial gain	(203		)	(140		)	(608		)	(460		)
	Net postretirement benefit cost (income)	$	(76	)	$	(4	)	$	(230	)	$	(22	)

EARNINGS_PER_SHARE_Table

EARNINGS PER SHARE (Table)	9 Months Ended
	Sep. 30, 2014
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,
		2014	2013	2014	2013
	Basic weighted-average shares outstanding	48,067	47,081	48,054	46,839
	Dilutive effect of stock options and deferred stock compensation	1,034	982	1,082	846
	Diluted weighted-average shares outstanding	49,101	48,063	49,136	47,685

SEGMENT_INFORMATION_Table

SEGMENT INFORMATION (Table)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule Of Segment Reporting Information By Segment	'
		(In thousands)
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013
	Net sales
	Commercial/Industrial	$	273,562		$	240,490		$	814,282		$	700,343
	Defense	183,498			176,052			539,782			535,773
	Energy	104,018			97,372			325,105			302,398
	Less: Intersegment revenues	(1,584		)	(1,505		)	(5,215		)	(5,098		)
	Total consolidated	$	559,494		$	512,409		$	1,673,954		$	1,533,416
	Operating income (expense)
	Commercial/Industrial	$	40,096		$	31,145		$	106,615		$	75,524
	Defense	26,974			25,521			73,553			71,808
	Energy	17,491			15,102			51,294			45,628
	Corporate and eliminations (1)	(10,421		)	(6,138		)	(24,400		)	(27,970		)
	Total consolidated operating income	$	74,140		$	65,630		$	207,062		$	164,990
	Reconciliation to Earnings from continuing operations before income taxes
	Interest expense	$	(9,013	)	$	(9,701	)	$	(27,054	)	$	(27,701	)
	Other income, net	$	(158	)	$	288		$	(64	)	$	852
	Earnings from continuing operations before income taxes	$	64,969		$	56,217		$	179,944		$	138,141
	(1) Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.
Reconciliation Of Assets From Segment To Consolidated	'
		(In thousands)
		30-Sep-14			31-Dec-13
	Identifiable assets
	Commercial/Industrial	$	1,351,756		$	1,310,521
	Defense	1,180,390			1,292,462
	Energy	795,642			798,028
	Corporate and Other	126,035			57,263
	Total consolidated	$	3,453,823		$	3,458,274

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Table)	9 Months Ended
	Sep. 30, 2014
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, 2012	$	65,722		$	(121,230	)	$	(55,508	)
	Current period other comprehensive income (loss) (1)	(6,619		)	87,386			80,767
	December 31, 2013	$	59,103		$	(33,844	)	$	25,259
	Other comprehensive income before reclassifications (1)	(40,114		)	(18		)	(40,132		)
	Amounts reclassified from accumulated other comprehensive income (1)	—			2,865			2,865
	Net current period other comprehensive income	(40,114		)	2,847			(37,267		)
	September 30, 2014	$	18,989		$	(30,997	)	$	(12,008	)
	-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	20			-1
	Amortization of actuarial losses	(4,505		)	-1
		(4,485		)	Total before tax
		1,620			Income tax
	Total reclassifications	$	(2,865	)	Net of tax
	-1	These items are included in the computation of net periodic pension cost.  See Note 9, Pension and Other Postretirement Benefit Plans.

BASIS_OF_PRESENTATION_Narrativ

BASIS OF PRESENTATION - Narrative (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Prior Period Reclassification Adjustment	$18

ACQUISITION_Narrative_Detail

ACQUISITION (Narrative) (Detail)	9 Months Ended	12 Months Ended	0 Months Ended		9 Months Ended	0 Months Ended	9 Months Ended	0 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2014	31-May-13	Jan. 10, 2014	Jan. 10, 2014	Sep. 30, 2014	Jun. 04, 2014	Sep. 30, 2014	Feb. 18, 2014	Feb. 18, 2014	Sep. 30, 2014	Dec. 31, 2013
	USD ($)	Component Coating and Repair Services [Member]	Component Coating and Repair Services [Member]	Component Coating and Repair Services [Member]	Component Coating and Repair Services [Member]	Engemasa Pressure Relief Valve [Member]	Engemasa Pressure Relief Valve [Member]	NPSI [Member]	NPSI [Member]	NPSI [Member]	NPSI [Member]
	NumberAcquisitions	USD ($)	Commercial Industrial [Member]	Commercial Industrial [Member]	Commercial Industrial [Member]	Energy [Member]	Energy [Member]	Energy [Member]	Energy [Member]	Energy [Member]	Energy [Member]
			USD ($)	GBP (£)		USD ($)		USD ($)	CAD		USD ($)
Business Acquisition [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Number of Businesses Acquired	3	'	'	'	'	'	'	'	'	'	'
Effective date of acquisition	'	'	'	'	10-Jan-14	'	4-Jun-14	'	'	18-Feb-14	'
Purchase price net of cash acquired	'	'	$24,644,000	£ 15,000,000	'	$1,800,000	'	$8,000,000	9,000,000	'	'
Revenue reported by acquiree in last reporting period	'	9,900,000	'	'	'	'	'	'	'	'	4,900,000
Actual pro forma Revenue by acquiree	12,600,000	'	'	'	'	'	'	'	'	'	'
Actual pro forma earnings of aquiree	$300,000	'	'	'	'	'	'	'	'	'	'

ACQUISITION_Detail

ACQUISITION (Detail)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Jan. 10, 2014	Jan. 10, 2014
In Thousands, unless otherwise specified	USD ($)	USD ($)	Commercial Industrial [Member]	Commercial Industrial [Member]	Component Coating and Repair Services [Member]	Component Coating and Repair Services [Member]
			USD ($)	USD ($)	Commercial Industrial [Member]	Commercial Industrial [Member]
					USD ($)	GBP (£)
Business Acquisition [Line Items]	'	'	'	'	'	'
Accounts receivable	'	'	'	'	$2,984	'
Inventory	'	'	'	'	64	'
Property, plant, and equipment	'	'	'	'	1,987	'
Other current and non-current assets	'	'	'	'	71	'
Intangible assets	'	'	'	'	9,560	'
Current and non-current liabilities	'	'	'	'	-1,754	'
Deferred income taxes	'	'	'	'	-2,058	'
Net tangible and intangible assets	'	'	'	'	10,854	'
Purchase price	'	'	'	'	24,644	15,000
Goodwill	991,487	1,110,429	355,314	347,819	13,790	'
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, 2013	Sep. 30, 2013
Business Combinations [Abstract]	'	'
Net sales	$622,965	$1,880,664
Net earnings from continuing operations	$38,571	$94,610
Diluted earnings per share from continuing operations (in usd per share)	$0.80	$1.98

ACQUISITION_Proforma_Narrative

ACQUISITION (Proforma Narrative) (Detail) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
Business Acquisition [Line Items]	'	'
Additional amortization of intangible assets	$1	$3.70
Additional interest expense	$1.20	$4.30

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Detail) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013		Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'		'		'		'		'
Net sales	$79,099		$88,258		$275,612		$277,625		'
Loss from discontinued operations before income taxes	-19,642	[1]	-2,642	[1]	-24,317	[1]	-6,045	[1]	'
Income tax benefit	5,470		1,068		6,849		2,379		'
Loss on sale businesses	-5,105	[2]	0	[2]	-9,529	[2]	0	[2]	'
Loss from discontinued operations, net of taxes	-19,277		-1,574		-26,997		-3,666		'
Year-to-date taxes	3,040		'		5,794		'		'
Assets held for sale:	'		'		'		'		'
Receivables, net	73,021		'		73,021		'		'
Inventories, net	52,469		'		52,469		'		'
Property, plant, and equipment, net	34,973		'		34,973		'		'
Goodwill	106,531		'		106,531		'		'
Intangibles	62,719		'		62,719		'		'
Other assets	4,028		'		4,028		'		'
Reserve for assets held for sale	-17,530		'		-17,530		'		'
Total assets held for sale	316,211		'		316,211		'		'
Accounts payable	21,170		'		21,170		'		'
Accrued expenses	11,066		'		11,066		'		'
Income taxes payable	298		'		298		'		'
Other current liabilities	16,471		'		16,471		'		'
Deferred tax liabilities, net	28,262		'		28,262		'		'
Other liabilities	36		'		36		'		'
Liabilities held for sale	$77,303		'		$77,303		'		$0
[1]	Loss from discontinued operations before income taxes includes approximately $17.6 million of held for sale impairment expense in the three and nine months ended September 30, 2014.
[2]	Net of tax benefit for the three and nine months ended September 30, 2014 of $3.0 million and $5.8 million, respectively.

DISCONTINUED_OPERATIONS_DISCON

DISCONTINUED OPERATIONS DISCONTINUED OPERATIONS (Narrative) (Details) (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

6 Months Ended

9 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Apr. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Surface Technology [Member]

Surface Technology [Member]

Aviation Ground Support Equipment [Member]

Aviation Ground Support Equipment [Member]

Engineered Packaging [Member]

Engineered Packaging [Member]

Benshaw [Member]

Benshaw [Member]

Benshaw [Member]

3 D Radar [Member]

3 D Radar [Member]

3 D Radar [Member]

3 D Radar [Member]

Downstream [Member]

Downstream [Member]

Upstream [Member]

Upstream [Member]

Vessels [Member]

Vessels [Member]

Income Statement Disclosures By Disposal Groups Including Discontinued Operations [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Disposable Group, Including Discontinued Business, Number of Facilities to be Disposed of

'

'

'

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from sale of assets

'

'

'

'

'

'

'

'

'

'

$49,700,000

$49,700,000

'

'

'

'

$2,400,000

'

'

'

'

$2,000,000

$2,000,000

Gain (loss) on sale of businesses

'

'

-15,178,000

0

'

'

'

'

'

'

'

'

-7,300,000

'

'

600,000

'

'

'

'

'

'

-8,600,000

Income (loss) from discontinued operations before income taxes

-19,642,000

[1]

-2,642,000

[1]

-24,317,000

[1]

-6,045,000

[1]

-1,100,000

-1,100,000

-6,600,000

-7,700,000

-2,600,000

-1,400,000

-2,400,000

-3,100,000

'

-300,000

-1,100,000

'

'

-10,300,000

-10,289,000

3,700,000

11,100,000

-2,755,000

-10,809,000

Impairment of assets held for sale

17,573,000

'

17,573,000

0

1,000,000

1,000,000

6,500,000

6,500,000

3,000,000

3,000,000

'

'

'

'

'

'

'

7,000,000

7,000,000

'

'

'

'

Net sales

$79,099,000

$88,258,000

$275,612,000

$277,625,000

$1,200,000

$3,700,000

$7,400,000

$21,100,000

$4,500,000

$15,000,000

$14,300,000

$29,000,000

'

$200,000

$300,000

'

'

$29,000,000

$85,000,000

$35,100,000

$116,000,000

$1,827,000

$5,545,000

[1]

Loss from discontinued operations before income taxes includes approximately $17.6 million of held for sale impairment expense in the three and nine months ended September 30, 2014.

RECEIVABLES_Detail

RECEIVABLES (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Billed receivables:	'	'
Trade and other receivables	$394,822	$444,841
Less: Allowance for doubtful accounts	-5,915	-6,857
Net billed receivables	388,907	437,984
Unbilled receivables:	'	'
Recoverable costs and estimated earnings not billed	162,416	184,120
Less: Progress payments applied	-11,685	-18,512
Net unbilled receivables	150,731	165,608
Receivables, net	$539,638	$603,592

INVENTORIES_Detail

INVENTORIES (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory, Net [Abstract]	'	'
Raw material	$204,542	$231,219
Work-in-process	104,588	114,372
Finished goods and component parts	98,493	117,444
Inventoried costs related to long-term contracts	62,011	58,796
Gross inventories	469,634	521,831
Less: Inventory reserves	-53,788	-54,400
Progress payments applied	-11,922	-15,344
Inventories, net	$403,924	$452,087

INVENTORIES_Narrative_Detail

INVENTORIES (Narrative) (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Inventory, Net [Abstract]	'	'
Other inventory, capitalized costs	$43.90	$37.10
Other inventory, capitalized costs to be liquidated under firm orders	$13	$13.80

GOODWILL_Detail

GOODWILL (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Goodwill [Roll Forward]	'
31-Dec-13	$1,110,429
Acquisitions	18,495
Assets held for sale	-106,531
Divestitures	-12,815
Goodwill adjustments	-1,350
Foreign currency translation adjustment	-16,741
30-Sep-14	991,487
Commercial Industrial [Member]	'
Goodwill [Roll Forward]	'
31-Dec-13	347,819
Acquisitions	13,790
Assets held for sale	0
Divestitures	0
Goodwill adjustments	-1,096
Foreign currency translation adjustment	-5,199
30-Sep-14	355,314
Defense [Member]	'
Goodwill [Roll Forward]	'
31-Dec-13	485,431
Acquisitions	0
Assets held for sale	-4,735
Divestitures	-11,355
Goodwill adjustments	-254
Foreign currency translation adjustment	-10,763
30-Sep-14	458,324
Energy [Member]	'
Goodwill [Roll Forward]	'
31-Dec-13	277,179
Acquisitions	4,705
Assets held for sale	-101,796
Divestitures	-1,460
Goodwill adjustments	0
Foreign currency translation adjustment	-779
30-Sep-14	$177,849

OTHER_INTANGIBLE_ASSETS_NET_De

OTHER INTANGIBLE ASSETS, NET (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Finite Lived Intangible Assets [Line Items]	'	'
Gross	$583,748	$710,928
Accumulated Amortization	-219,604	-239,549
Net	364,144	471,379
Technology [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Gross	180,362	213,888
Accumulated Amortization	-83,173	-88,644
Net	97,189	125,244
Customer Related Intangibles [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Gross	363,429	430,604
Accumulated Amortization	-120,094	-127,194
Net	243,335	303,410
Other Intangible Assets [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Gross	39,957	66,436
Accumulated Amortization	-16,337	-23,711
Net	$23,620	$42,725

OTHER_INTANGIBLE_ASSETS_NET_Na

OTHER INTANGIBLE ASSETS, NET (Narrative) (Detail) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Finite Lived Intangible Assets [Line Items]	'	'
Acquired intangible assets	$13.50	'
Amortization expense	36	36
Future amortization expense in remainder of fiscal year	45.9	'
Future amortization expense in year two	43	'
Future amortization expense in year three	41.7	'
Future amortization expense in year four	41.1	'
Future amortization expense in year five	39.6	'
Customer-Related Intangible Assets [Member]	'	'
Finite Lived Intangible Assets [Line Items]	'	'
Acquired intangible assets	$13.20	'
Weighted average useful life	'13 years 3 months 18 days	'

FAIR_VALUE_OF_FINANCIAL_INSTRU2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Interest Rate Swap) (Detail) (USD $)	Sep. 30, 2014
In Millions, unless otherwise specified
Fair Value Disclosures [Abstract]	'
Notional amount	$400

FAIR_VALUE_OF_FINANCIAL_INSTRU3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Balance Sheet) (Detail) (USD $)	Sep. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'		'
Assets	$55	[1]	$605	[1]
Liabilities	22,592	[2]	50,122	[2]
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]	'		'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'		'
Liabilities	22,394		49,845
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]	'		'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'		'
Assets	55		605
Liabilities	$198		$277
[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, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
General And Administrative Expense [Member]	'	'	'	'
Derivative Instruments Gain Loss [Line Items]	'	'	'	'
General and administrative expenses	$2,446	$2,143	$1,516	($3,693)
Swap [Member] | Other Income [Member]	'	'	'	'
Derivative Instruments Gain Loss [Line Items]	'	'	'	'
Other income, net	2,517	-3,106	27,451	-39,679
Borrowings [Member] | Other Income [Member]	'	'	'	'
Derivative Instruments Gain Loss [Line Items]	'	'	'	'
Other income, net	($2,517)	$3,106	($27,451)	$39,679

FAIR_VALUE_OF_FINANCIAL_INSTRU5

FAIR VALUE OF FINANCIAL INSTRUMENTS (Debt) (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	$936,612	$959,938
Estimated Fair Value	950,196	946,389
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	50,000
Estimated Fair Value	0	50,000
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	164,382	163,059
Debt Instrument, Interest Rate, Stated Percentage	5.51%	'
3.84% Senior notes due 2021 [Member]	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	99,431	98,632
Estimated Fair Value	99,431	98,632
Debt Instrument, Interest Rate, Stated Percentage	3.84%	'
3.70% Senior notes due 2023 [Member]	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	225,000	225,000
Estimated Fair Value	225,490	209,140
Debt Instrument, Interest Rate, Stated Percentage	3.70%	'
3.85% Senior notes due 2025 [Member]	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	94,771	88,555
Estimated Fair Value	94,771	88,555
Debt Instrument, Interest Rate, Stated Percentage	3.85%	'
4.24% Senior notes due 2026 [Member]	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	187,924	173,557
Estimated Fair Value	187,924	173,557
Debt Instrument, Interest Rate, Stated Percentage	4.24%	'
4.05% Senior notes due 2028 [Member]	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	70,479	64,411
Estimated Fair Value	70,479	64,411
Debt Instrument, Interest Rate, Stated Percentage	4.05%	'
4.11% Senior Notes [Member]	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	100,000	100,000
Estimated Fair Value	98,712	89,252
Debt Instrument, Interest Rate, Stated Percentage	4.11%	'
Other debt [Member]	'	'
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]	'	'
Carrying Value	607	1,383
Estimated Fair Value	$607	$1,383

FAIR_VALUE_OF_FINANCIAL_INSTRU6

FAIR VALUE OF FINANCIAL INSTRUMENTS FAIR VALUE OF FINANCIAL INSTRUMENTS (Nonrecurring) (Detail) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013
Fair Value, Adjustment Disclosure [Abstract]	'	'	'
Impairment of assets held for sale	$17,573	$17,573	$0

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, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Pension Plans Defined Benefit [Member]	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Service cost	$6,227	$8,449	$18,969	$30,167
Interest cost	7,799	7,163	22,895	20,679
Expected return on plan assets	-10,521	-9,306	-31,359	-27,067
Amortization of prior service cost	157	165	472	719
Amortization of unrecognized actuarial loss	2,147	3,560	5,113	11,767
Curtailments	0	-2,818	0	-107
Net postretirement benefit cost (income)	5,809	7,213	16,090	36,158
Other Postretirement Benefit Plan, Defined Benefit [Member]	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'
Service cost	71	81	212	280
Interest cost	220	213	658	630
Amortization of prior service cost	-164	-158	-492	-472
Amortization of unrecognized actuarial loss	-203	-140	-608	-460
Net postretirement benefit cost (income)	($76)	($4)	($230)	($22)

PENSION_AND_OTHER_POSTRETIREME3

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Additional) (Detail) (USD $)	9 Months Ended
	Sep. 30, 2014
Defined Benefit Plan Disclosure [Line Items]	'
Defined Contribution Plan, Employer Contribution, Percentage, Maximum	6.00%
Defined Contribution Plan, Cost Recognized	$10,600,000
Defined Contribution Plan, Employer Discretionary Contribution Amount	4,800,000
Defined Contribution Plan Expected Contributions In Current Fiscal Year	7,000,000
Domestic Defined Benefit Plan [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year	0
Contributions by employer	39,800,000
Foreign Defined Benefit [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Contributions by employer	3,100,000
Defined Benefit Plan, Expected Contributions in Current Fiscal Year	3,400,000
Other Postretirement Benefit Plan, Defined Benefit [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Contributions by employer	1,000,000
Defined Benefit Plan, Expected Contributions in Current Fiscal Year	$1,700,000

EARNINGS_PER_SHARE_Detail

EARNINGS PER SHARE (Detail)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Earnings Per Share Reconciliation [Abstract]	'	'	'	'
Basic weighted-average shares outstanding (shares)	48,067	47,081	48,054	46,839
Dilutive effect of stock options and deferred stock compensation (shares)	1,034	982	1,082	846
Diluted weighted-average shares outstanding (shares)	49,101	48,063	49,136	47,685

EARNINGS_PER_SHARE_AntiDilutiv

EARNINGS PER SHARE (AntiDilutive) (Detail)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Earnings Per Share [Abstract]	'	'
Antidilutive securities excluded from computation of earnings per share, amount	0	304,000

SEGMENT_INFORMATION_Detail

SEGMENT INFORMATION (Detail) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013		Dec. 31, 2013
					segment
Segment Reporting Information [Line Items]	'		'		'		'		'
Disposal Group, Including Discontinued Operation, Assets, Current	$316,211		'		$316,211		'		$0
Number of operating segments	'		'		3		'		'
Net sales	559,494		512,409		1,673,954		1,533,416		'
Operating income (expense)	74,140		65,630		207,062		164,990		'
Identifiable assets	3,453,823		'		3,453,823		'		3,458,274
Interest Expense	9,013		9,701		27,054		27,701		'
Other income, net	-158		288		-64		852		'
Earnings from continuing operations before income taxes	64,969		56,217		179,944		138,141		'
Commercial Industrial [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Disposal Group, Including Discontinued Operation, Assets, Current	1,700		'		1,700		'		'
Net sales	273,562		240,490		814,282		700,343		'
Operating income (expense)	40,096		31,145		106,615		75,524		'
Identifiable assets	1,351,756		'		1,351,756		'		1,310,521
Defense [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Disposal Group, Including Discontinued Operation, Assets, Current	23,500		'		23,500		'		'
Net sales	183,498		176,052		539,782		535,773		'
Operating income (expense)	26,974		25,521		73,553		71,808		'
Identifiable assets	1,180,390		'		1,180,390		'		1,292,462
Energy [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Disposal Group, Including Discontinued Operation, Assets, Current	291,100		'		291,100		'		'
Net sales	104,018		97,372		325,105		302,398		'
Operating income (expense)	17,491		15,102		51,294		45,628		'
Identifiable assets	795,642		'		795,642		'		798,028
Corporate and Other [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Identifiable assets	126,035		'		126,035		'		57,263
Intersegment Eliminations [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Net sales	-1,584		-1,505		-5,215		-5,098		'
Corporate and Eliminations [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Operating income (expense)	($10,421)	[1]	($6,138)	[1]	($24,400)	[1]	($27,970)	[1]	'
[1]	Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.

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, 2014	Sep. 30, 2013	Sep. 30, 2014		Sep. 30, 2013	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'	'	'		'	'
Beginning balance	'	'	$25,259		($55,508)	($55,508)
Other comprehensive income (loss) before reclassifications	'	'	-40,132	[1]	'	'
Amounts reclassified from accumulated other comprehensive loss	'	'	2,865	[1]	'	'
Other comprehensive income, net of tax	-46,787	19,904	-37,267		33,805	80,767	[1]
Ending balance	-12,008	'	-12,008		'	25,259
Foreign Currency Translation Adjustments, Net [Member]	'	'	'		'	'
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'	'	'		'	'
Beginning balance	'	'	59,103		65,722	65,722
Other comprehensive income (loss) before reclassifications	'	'	-40,114	[1]	'	'
Amounts reclassified from accumulated other comprehensive loss	'	'	0	[1]	'	'
Other comprehensive income, net of tax	'	'	-40,114		'	-6,619	[1]
Ending balance	18,989	'	18,989		'	59,103
Total Pension and Postretirment Adjustments, Net [Member]	'	'	'		'	'
Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'	'	'		'	'
Beginning balance	'	'	-33,844		-121,230	-121,230
Other comprehensive income (loss) before reclassifications	'	'	-18	[1]	'	'
Amounts reclassified from accumulated other comprehensive loss	'	'	2,865	[1]	'	'
Other comprehensive income, net of tax	'	'	2,847		'	87,386	[1]
Ending balance	($30,997)	'	($30,997)		'	($33,844)
[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, 2014	Sep. 30, 2013	Sep. 30, 2014		Sep. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'		'
Earnings from continuing operations before income taxes	$64,969	$56,217	$179,944		$138,141
Income tax	-20,659	-18,282	-56,359		-43,801
Net earnings	25,033	36,361	96,588		90,674
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	'	'	20	[1]	'
Amortization of actuarial losses	'	'	-4,505	[1]	'
Earnings from continuing operations before income taxes	'	'	-4,485		'
Income tax	'	'	1,620		'
Net earnings	'	'	($2,865)		'
[1]	These items are included in the computation of net periodic pension cost. See Note 9, Pension and Other Postretirement Benefit Plans.

CONTINGENCIES_AND_COMMITMENTS_

CONTINGENCIES AND COMMITMENTS (Detail) (USD $)	9 Months Ended	0 Months Ended
	Sep. 30, 2014	Oct. 10, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013
		Failure to Meet Contractual Obligations [Member]	Environmental Matters [Member]	Environmental Matters [Member]	Standby Letters Of Credit [Member]	Standby Letters Of Credit [Member]	FinancialStandbyLetterOfCreditMember	FinancialStandbyLetterOfCreditMember
Loss Contingencies [Line Items]	'	'	'	'	'	'	'	'
Accrual for environmental loss contingencies	'	'	$16,000,000	$16,300,000	'	'	'	'
Letters of credit, outstanding	'	'	'	'	40,400,000	47,200,000	18,200,000	23,200,000
Surety Bond Outstanding	52,900,000	'	'	'	'	'	'	'
Damages sought	1,000,000,000	25,000,000	'	'	'	'	'	'
Range of possible loss, minimum	0	'	'	'	'	'	'	'
Range of possible loss, maximum	$40,000,000	'	'	'	'	'	'	'