Flowserve (FLS) 10-Q23 Oct 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2014	Oct. 17, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'FLOWSERVE CORP	'
Entity Central Index Key	'0000030625	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	136,308,350

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (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
Income Statement [Abstract]	'	'	'	'
Sales	$1,204,012	$1,229,057	$3,496,526	$3,565,179
Cost of sales	-782,522	-806,318	-2,267,609	-2,347,555
Gross profit	421,490	422,739	1,228,917	1,217,624
Selling, general and administrative expense	-230,872	-231,569	-685,277	-706,278
Net earnings from affiliates (Note 2)	1,825	2,218	7,442	36,043
Operating income	192,443	193,388	551,082	547,389
Interest expense	-15,130	-13,046	-45,306	-38,262
Interest income	400	325	1,238	877
Other expense, net	5,612	1,733	-1,129	-8,679
Earnings before income taxes	183,325	182,400	505,885	501,325
Provision for income taxes	-52,725	-55,870	-141,533	-154,998
Net earnings, including noncontrolling interests	130,600	126,530	364,352	346,327
Less: Net earnings attributable to noncontrolling interests	-2,038	-259	-4,544	-1,878
Net earnings attributable to Flowserve Corporation	$128,562	$126,271	$359,808	$344,449
Net earnings per share attributable to Flowserve Corporation common shareholders:	'	'	'	'
Basic	$0.94	$0.90	$2.62	$2.42
Diluted	$0.93	$0.90	$2.60	$2.41
Cash dividends declared per share	$0.16	$0.14	$0.48	$0.42

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (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, including noncontrolling interests	$130,600		$126,530		$364,352		$346,327
Other comprehensive income:	'		'		'		'
Foreign currency translation adjustments, net of taxes of $53,769 and $17,254, respectively	-100,195		38,581		-89,462		-28,505
Pension and other postretirement effects, net of taxes of $(4,563) and $(4,634), respectively	7,278		-373		11,520		9,254
Cash flow hedging activity, net of taxes of $1,031 and $(399), respectively	-2,797		152		-2,694		627
Other comprehensive income	-95,714	[1]	38,360	[1]	-80,636	[2]	-18,624	[2]
Comprehensive income, including noncontrolling interests	34,886		164,890		283,716		327,703
Comprehensive income attributable to noncontrolling interests	-1,934		-29		-4,615		-1,722
Comprehensive income attributable to Flowserve Corporation	$32,952		$164,861		$279,101		$325,981

[1]	Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.3 million at JulyÂ 1, 2014 and 2013, $1.3 million and $1.1 million at SeptemberÂ 30, 2014 and 2013, respectively.
[2]	Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.2 million at January 1, 2014 and 2013, $1.3 million and $1.1 million at SeptemberÂ 30, 2014 and 2013, respectively.

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) (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]	'	'	'	'
Foreign currency translation, taxes	$60,220	($23,353)	$53,769	$17,254
Pension and other postretirement effects, taxes	-2,805	-407	-4,563	-4,634
Cash flow hedging activity, taxes	$1,089	($74)	$1,031	($399)

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$162,869	$363,804
Accounts receivable, net of allowance for doubtful accounts of $27,421 and $24,073, respectively	1,131,075	1,155,327
Inventories, net	1,118,283	1,060,670
Deferred taxes	157,946	157,448
Prepaid expenses and other	103,037	110,133
Total current assets	2,673,210	2,847,382
Property, plant and equipment, net of accumulated depreciation of $845,679 and $849,863, respectively	678,307	716,289
Goodwill	1,079,327	1,107,551
Deferred taxes	21,261	19,533
Other intangible assets, net	145,956	160,548
Other assets, net	195,713	185,430
Total assets	4,793,774	5,036,733
Current liabilities:	'	'
Accounts payable	490,514	612,092
Accrued liabilities	758,799	861,010
Debt due within one year	54,122	72,678
Deferred taxes	11,170	12,319
Total current liabilities	1,314,605	1,558,099
Long-term debt due after one year	1,112,636	1,127,619
Retirement obligations and other liabilities	442,834	473,894
Shareholdersâ€™ equity:	'	'
Common shares, $1.25 par value, Shares authorized - 305,000, Share issued - 176,793 and 176,793, respectively	220,991	220,991
Capital in excess of par value	479,724	476,218
Retained earnings	3,278,771	2,985,391
Treasury shares, at cost â€“ 41,513 and 39,630 shares, respectively	-1,772,808	-1,600,266
Deferred compensation obligation	10,420	9,522
Accumulated other comprehensive loss	-302,184	-221,477
Total Flowserve Corporation shareholdersâ€™ equity	1,914,914	1,870,379
Noncontrolling interests	8,785	6,742
Total equity	1,923,699	1,877,121
Total liabilities and equity	$4,793,774	$5,036,733

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Allowance for doubtful accounts	$27,421	$24,073
Accumulated depreciation on property, plant and equipment	$845,679	$849,863
Shareholdersâ€™ equity:	'	'
Common shares, par value	$1.25	$1.25
Common shares, shares authorized	305,000,000	305,000,000
Common shares, shares issued	176,793,000	176,793,000
Treasury shares, shares	41,513,000	39,630,000

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash flows â€“ Operating activities:	'	'
Net earnings, including noncontrolling interests	$364,352	$346,327
Adjustments to reconcile net earnings to net cash used by operating activities:	'	'
Depreciation	69,748	66,700
Amortization of intangible and other assets	13,555	11,884
Net gain on disposition of assets	-59	-248
Gain on sale of business	-13,403	0
Gain on sale of equity investment in affiliate	0	-12,995
Gain on remeasurement of acquired assets	0	-15,315
Excess tax benefits from stock-based compensation arrangements	-8,490	-10,104
Stock-based compensation	26,685	24,395
Net earnings from affiliates, net of dividends received	-560	-3,397
Change in assets and liabilities:	'	'
Accounts receivable, net	-27,146	10,828
Inventories, net	-113,848	-101,745
Prepaid expenses and other	-16,765	-6,870
Other assets, net	-10,980	-12,574
Accounts payable	-88,380	-126,976
Accrued liabilities and income taxes payable	-56,984	-61,139
Retirement obligations and other	-11,524	117
Net cash flows provided by operating activities	126,201	108,888
Cash flows â€“ Investing activities:	'	'
Capital expenditures	-83,602	-94,702
Proceeds from disposal of assets	1,613	969
Payments for acquisition, net of cash acquired	0	-10,143
Proceeds from sale of business, net of cash divested	46,805	0
Proceeds from equity investments in affiliates	0	46,240
Net cash flows used by investing activities	-35,184	-57,636
Cash flows â€“ Financing activities:	'	'
Excess tax benefits from stock-based compensation arrangements	8,490	10,104
Payments on long-term debt	-30,000	-15,000
Short-term financing, net	0	196,000
Payments under other financing arrangements	14,388	9,844
Payments under other financing arrangements	-16,377	-10,415
Repurchases of common shares	-188,324	-370,127
Payments of dividends	-63,287	-57,337
Other	-2,499	-78
Net cash flows used by financing activities	-277,609	-237,009
Effect of exchange rate changes on cash	-14,343	-4,744
Net change in cash and cash equivalents	-200,935	-190,501
Cash and cash equivalents at beginning of period	363,804	304,252
Cash and cash equivalents at end of period	$162,869	$113,751

Basis_of_Presentation_and_Acco

Basis of Presentation and Accounting Policies	9 Months Ended
Basis of Presentation and Accounting Policies	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Accounting Policies	'
	Basis of Presentation and Accounting Policies
	Basis of Presentation
	The accompanying condensed consolidated balance sheet as of September 30, 2014, the related condensed consolidated statements of income and comprehensive income for the three and nine months ended September 30, 2014 and 2013, and the condensed consolidated statements of cash flows for the nine months ended September 30, 2014 and 2013, of Flowserve Corporation are unaudited. In management’s opinion, all adjustments comprising normal recurring adjustments necessary for fair statement of such condensed consolidated financial statements have been made.
	The accompanying condensed consolidated financial statements and notes in this Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2014 ("Quarterly Report") are presented as permitted by Regulation S-X and do not contain certain information included in our annual financial statements and notes thereto. Accordingly, the accompanying condensed consolidated financial information should be read in conjunction with the consolidated financial statements presented in our audited Annual Report on Form 10-K for the year ended December 31, 2013 ("2013 Annual Report").
	As discussed in Note 15 to our consolidated financial statements included in our 2013 Annual Report, on May 23, 2013, our certificate of incorporation was amended to increase the number of authorized shares of common stock from 120.0 million to 305.0 million and enable a three-for-one stock split approved by the Board of Directors on February 7, 2013 in the form of a 200% common stock dividend. The record date for the stock split was June 7, 2013, and additional shares were distributed on June 21, 2013. Shareholders' equity and all share data, including treasury shares and stock-based compensation award shares, and per share data presented herein have been retrospectively adjusted to reflect the impact of the increase in authorized shares and the stock split, as appropriate.
	Venezuela – Our operations in Venezuela generally consist of a service center that performs service and repair activities. In addition, certain of our operations in other countries sell equipment and parts that are typically denominated in United States ("U.S.") dollars directly to Venezuelan customers. Our Venezuelan subsidiary's sales for the three and nine months ended September 30, 2014 and total assets at September 30, 2014 represented less than 1% of consolidated sales and total assets for the same periods. Effective February 13, 2013, the Venezuelan government devalued its currency (bolivar) from 4.3 to 6.3 bolivars to the U.S. dollar. As a result of the devaluation, we recognized a loss of $4.0 million in the first quarter of 2013. The loss was reported in other expense, net in our condensed consolidated statements of income and resulted in no tax benefit.
	In the first quarter of 2014, the Venezuelan government expanded the use of periodic auctions for U.S. dollars conducted under the Complementary System of Foreign Currency Administration ("SICAD I"). At September 30, 2014 the SICAD I exchange rate was 12.0 bolivars to the U.S. dollar, compared with the official exchange rate of 6.3 bolivars to the U.S. dollar ("Official"). In addition, during the second quarter of 2014 the Venezuelan government created a third currency exchange mechanism ("SICAD II") that is currently being interpreted to be available to all entities for all transactions at an exchange rate that is significantly less favorable than the Official exchange rate or the SICAD I exchange rate.
	As of September 30, 2014, we believe the Official exchange rate continues to be the most appropriate rate to remeasure the U.S. dollar value of the assets, liabilities and results of operations of our Venezuelan subsidiary. We are continuing to assess and monitor the ongoing impact of the recent changes in the Venezuelan foreign exchange market on our Venezuelan operations and imports into the market, including our Venezuelan subsidiary's ability to remit cash for dividends and other payments at the Official exchange rate, as well as further actions of the Venezuelan government and economic conditions that may adversely impact our future consolidated financial condition or results of operations. For reference, if we were to remeasure our bolivar-denominated net monetary assets as of September 30, 2014 utilizing the SICAD I or SICAD II exchange rate, it is estimated that the resulting loss would have been approximately $7 million or $13 million, respectively.
	Accounting Policies
	Significant accounting policies, for which no significant changes have occurred in the nine months ended September 30, 2014, are detailed in Note 1 to our consolidated financial statements included in our 2013 Annual Report.
	Accounting Developments
	Pronouncements Implemented
	In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-04, "Liabilities (Topic 405) - Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date," which requires a reporting entity that is jointly and severally liable to measure the obligation as the sum of the amount the entity has agreed with co-obligors to pay and any additional amount it expects to pay on behalf of one or more co-obligors. The scope of this ASU excludes obligations addressed by existing guidance. The ASU shall be applied retrospectively for arrangements existing at the beginning of the year of adoption. Our adoption of ASU No. 2013-04 effective January 1, 2014 did not have an impact on our consolidated financial condition and results of operations.
	In April 2013, the FASB issued ASU No. 2013-07, "Presentation of Financial Statements (Topic 205) - Liquidation Basis of Accounting," which requires an entity to prepare its financial statements using the liquidation basis of accounting when liquidation is imminent. Liquidation is imminent when the likelihood is remote that the entity will return from liquidation and either (a) a plan for liquidation is approved by the person or persons with the authority to make such a plan effective and the likelihood is remote that the execution of the plan will be blocked by other parties or (b) a plan for liquidation is being imposed by other forces (for example, involuntary bankruptcy). The ASU shall be applied prospectively from the day that liquidation becomes imminent. Our adoption of ASU No. 2013-07 effective January 1, 2014 did not have an impact on our consolidated financial condition and results of operations.
	In July 2013, the FASB issued ASU No. 2013-11, "Income Taxes (Topic 740) - Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists," which provides guidance on the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The ASU shall be applied prospectively to all unrecognized tax benefits that exist at the effective date. The adoption of ASU No. 2013-11 effective January 1, 2014 did not have an impact on our consolidated financial condition and results of operations.
	In April 2014, the FASB issued ASU No. 2014-08, "Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) - Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity," which provides guidance on the requirements for reporting discontinued operations. A discontinued operation may include a component of an entity or a group of components of an entity, or a business or nonprofit activity. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the component of an entity or group of components of an entity meets the criteria to be classified as held for sale, is disposed of by sale, or is disposed of other than by sale (e.g., by abandonment or in a distribution to owners in a spinoff). This ASU also introduces new disclosure requirements for discontinued operations. The ASU shall be applied prospectively to (a) all disposals (or classifications as held for sale) of components of an entity and (b) businesses or nonprofit activities that, on acquisition, are classified as held for sale that occur after the effective date. We early adopted this ASU effective January 1, 2014 and it did not have an impact on our consolidated financial condition and results of operations.
	*Pronouncements Not Yet Implemented*
	In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)" which supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)." The standard is principle-based and provides a five-step model to determine when and how revenue is recognized. The core principle is that a company should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. There are also expanded disclosure requirements in this ASU. For public entities ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period and allows for either full retrospective adoption or modified retrospective adoption. We are currently evaluating the impact of ASU No. 2014-09 on our consolidated financial condition and results of operations.
	In June 2014, the FASB issued ASU No. 2014-11 "Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures." This ASU changes the accounting for repurchase-to-maturity transactions and linked repurchase financings so that such transactions will now be accounted for as secured borrowings. This accounting change is effective for the first interim or annual period beginning after December 15, 2014 and early adoption is not permitted. There are also new disclosure requirements in this ASU. The adoption of ASU No. 2014-11 will not have a material impact on our consolidated financial condition and results of operations.
	In June 2014, the FASB issued ASU No. 2014-12 "Compensation-Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period." This ASU was issued to address share-based payment awards with a performance target affecting vesting that could be achieved after the employee’s requisite service period. This ASU is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. This ASU may be applied either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. The adoption of ASU No. 2014-12 will not have a material impact on our consolidated financial condition and results of operations.
	In August 2014, the FASB issued ASU No. 2014-15, "Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern." This ASU requires management to evaluate whether there are conditions or events that raise substantial doubt about the ability of a company to continue as a going concern for one year from the date the financial statements are issued or within one year after the date that the financial statements are available to be issued when applicable. Further, the ASU provides management guidance regarding its responsibility to disclose the ability of a company to continue as a going concern in the notes to the financial statements. This ASU is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. The adoption of ASU No. 2014-15 will not have an impact on our consolidated financial condition and results of operations.

Disposition_Acquisition_and_Ex

Disposition, Acquisition and Exit of Joint Venture	9 Months Ended
	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Disposition, Acquisition and Exit of Joint Venture	'

	2	Disposition, Acquisition and Exit of Joint Venture
	Effective March 31, 2014, we sold our Flow Control Division's ("FCD") Naval OY ("Naval") business to a Finnish valve manufacturer. The sale included Naval's manufacturing facility located in Laitila, Finland and a service and support center located in St. Petersburg, Russia. The cash proceeds for the sale totaled $46.8 million, net of cash divested, and resulted in a $13.4 million pre-tax gain recorded in selling, general and administrative expense in the condensed consolidated statements of income. Net sales related to the Naval business totaled $8.2 million in the first quarter of 2014.
	As discussed in Note 2 to our consolidated financial statements included in our 2013 Annual Report, effective December 10, 2013, we acquired for inclusion in Industrial Product Division ("IPD"), 100% of Innovative Mag-Drive, LLC ("Innomag"), a privately-owned, U.S.-based company specializing in advanced sealless magnetic drive centrifugal pumps for the chemical and general industries, in an asset purchase up to $78.7 million in cash. Of the total purchase price, $67.5 million has been paid. The remaining $11.2 million of the total purchase price is contingent upon Innomag achieving certain performance metrics during the two- and five-year periods following the acquisition, and to the extent achieved, is expected to be paid in cash within four months of the performance measurement dates. We recorded a liability of $7.5 million as an estimate of the acquisition date fair value of the contingent consideration, which is based on the weighted probability of achievement of the performance metrics. No pro forma financial information has been presented due to immateriality.
	As discussed in Note 2 to our consolidated financial statements included in our 2013 Annual Report, effective March 28, 2013, we and our joint venture partner agreed to exit our joint venture, Audco India, Limited (“AIL”), which manufactures integrated industrial valves in India. To effect the exit, in two separate transactions, FCD acquired 100% ownership of AIL's plug valve manufacturing business in an asset purchase for cash of $10.1 million and sold its 50% equity interest in AIL to the joint venture partner for $46.2 million in cash. We remeasured to fair value our previously held equity interest in the purchased net assets of the plug valve manufacturing business resulting in net assets acquired of approximately $25 million and a pre-tax gain of $15.3 million. The sale of our equity interest in AIL resulted in a pre-tax gain of $13.0 million. In the first quarter of 2013, both of the above gains were recorded in net earnings from affiliates in the condensed consolidated statements of income. No pro forma information has been provided due to immateriality. Prior to these transactions, our 50% interest in AIL was recorded using the equity method of accounting.

StockBased_Compensation_Plans

Stock-Based Compensation Plans	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-Based Compensation Plans	'
	Stock-Based Compensation Plans
	We maintain the Flowserve Corporation Equity and Incentive Compensation Plan (the "2010 Plan"), which is a shareholder-approved plan authorizing the issuance of up to 8,700,000 shares of our common stock in the form of restricted shares, restricted share units and performance-based units (collectively referred to as "Restricted Shares"), incentive stock options, non-statutory stock options, stock appreciation rights and bonus stock. Of the 8,700,000 shares of common stock authorized under the 2010 Plan, 5,072,904 were available for issuance as of September 30, 2014. The Flowserve Corporation 2004 Stock Compensation Plan expired on June 22, 2014, with 827,835 shares unissued. No stock options have been granted since 2006.
	Restricted Shares – Awards of Restricted Shares are valued at the closing market price of our common stock on the date of grant. The unearned compensation is amortized to compensation expense over the vesting period of the restricted shares. We had unearned compensation of $36.5 million and $31.5 million at September 30, 2014 and December 31, 2013, respectively, which is expected to be recognized over a weighted-average period of approximately one year. These amounts will be recognized into net earnings in prospective periods as the awards vest. The total fair value of Restricted Shares vested was less than $0.1 million during the three months ended September 30, 2014 and $0.1 million for the three months ended September 30, 2013. The total fair value of Restricted Shares vested during the nine months ended September 30, 2014 and 2013 was $34.5 million and $34.9 million, respectively.
	We recorded stock-based compensation expense of $5.5 million ($8.4 million pre-tax) and $5.3 million ($8.1 million pre-tax) for the three months ended September 30, 2014 and 2013, respectively. We recorded stock-based compensation expense of $17.6 million ($26.7 million pre-tax) and $16.1 million ($24.4 million pre-tax) for the nine months ended September 30, 2014 and 2013, respectively.
	The following table summarizes information regarding Restricted Shares:


		Nine Months Ended September 30, 2014
		Shares		Weighted Average
				Grant-Date Fair
				Value
	Number of unvested shares:
	Outstanding - January 1, 2014	2,020,678		$	44.68

	Granted	493,309		72.31

	Vested	(778,843	)	44.24

	Canceled	(94,495	)	51.13

	Outstanding - September 30, 2014	1,640,649		$	52.82

	Unvested Restricted Shares outstanding as of September 30, 2014, includes approximately 818,000 units with performance-based vesting provisions. Performance-based units are issuable in common stock and vest upon the achievement of pre-defined performance targets, primarily based on our average annual return on net assets over a three-year period as compared with the same measure for a defined peer group for the same period. Most units were granted in three annual grants since January 1, 2012 and have a vesting percentage between 0% and 200% depending on the achievement of the specific performance targets. Compensation expense is recognized ratably over a cliff-vesting period of 36 months, based on the fair market value of our common stock on the date of grant, as adjusted for anticipated forfeitures. During the performance period, earned and unearned compensation expense is adjusted based on changes in the expected achievement of the performance targets. Vesting provisions range from 0 to approximately 1,593,000 shares based on performance targets. As of September 30, 2014, we estimate vesting of approximately 1,007,000 shares based on expected achievement of performance targets.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedges	9 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedges	'
	Derivative Instruments and Hedges
	Our risk management and foreign currency derivatives and hedging policy specifies the conditions under which we may enter into derivative contracts. See Notes 1 and 6 to our consolidated financial statements included in our 2013 Annual Report and Note 7 of this Quarterly Report for additional information on our derivatives. We enter into foreign exchange forward and swap contracts to hedge our cash flow risks associated with transactions denominated in currencies other than the local currency of the operation engaging in the transaction. All designated foreign exchange hedging instruments are highly effective.
	Foreign exchange contracts designated as hedging instruments had a notional value of $66.4 million and $6.2 million, at September 30, 2014 and December 31, 2013, respectively. Foreign exchange contracts with third parties not designated as hedging instruments had a notional value of $726.8 million and $610.7 million, at September 30, 2014 and December 31, 2013, respectively. At September 30, 2014, the length of foreign exchange contracts currently in place ranged from one day to 18 months.
	Also as part of our risk management program, we enter into interest rate swap agreements to hedge exposure to floating interest rates on certain portions of our debt. At September 30, 2014 and December 31, 2013, we had $40.0 million and $140.0 million, respectively, of notional amount in outstanding interest rate swaps with third parties. All interest rate swaps are highly effective. At September 30, 2014, the maximum remaining length of any interest rate swap contract in place was approximately 9 months.
	We are exposed to risk from credit-related losses resulting from nonperformance by counterparties to our financial instruments. We perform credit evaluations of our counterparties under foreign exchange contracts and interest rate swap agreements and expect all counterparties to meet their obligations. We have not experienced credit losses from our counterparties.
	The fair value of foreign exchange contracts not designated as hedging instruments are summarized below:


		September 30,		December 31,
	(Amounts in thousands)	2014		2013
	Current derivative assets	$	17,960	$	5,215

	Noncurrent derivative assets	—		729

	Current derivative liabilities	6,410		2,207

	Noncurrent derivative liabilities	189		113


	The fair value of interest rate swaps and foreign exchange contracts designated as hedging instruments are summarized below:


		September 30,		December 31,
	(Amounts in thousands)	2014		2013
	Current derivative assets	$	—	$	146

	Noncurrent derivative assets	—		—

	Current derivative liabilities	4,159		409

	Noncurrent derivative liabilities	96		37

	Current and noncurrent derivative assets are reported in our condensed consolidated balance sheets in prepaid expenses and other and other assets, net, respectively. Current and noncurrent derivative liabilities are reported in our condensed consolidated balance sheets in accrued liabilities and retirement obligations and other liabilities, respectively.
	The impact of net changes in the fair values of foreign exchange contracts are summarized below:


		Three Months Ended September 30,				Nine Months Ended September 30,
	(Amounts in thousands)	2014		2013		2014		2013
	Gain (loss) recognized in income	$	1,615	$	3,817	$	1,738	$	(3,714	)

	Gains and losses recognized in our condensed consolidated statements of income for foreign exchange contracts are classified as other income (expense), net.
	The impact of net changes in the fair values of interest rate swaps in cash flow hedging relationships are summarized in Note 15.

Debt

Debt	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Debt	'
	Debt
	Debt, including capital lease obligations, consisted of:


		September 30,		December 31,
	(Amounts in thousands, except percentages)	2014		2013
	4.00% Senior Notes due November 15, 2023, net of unamortized discount	$	298,702	$	298,615

	3.50% Senior Notes due September 15, 2022, net of unamortized discount	498,416		498,289

	Term Loan Facility, interest rate of 1.48% at September 30, 2014 and 1.50% at December 31, 2013	340,000		370,000

	Capital lease obligations and other borrowings	29,640		33,393

	Debt and capital lease obligations	1,166,758		1,200,297

	Less amounts due within one year	54,122		72,678

	Total debt due after one year	$	1,112,636	$	1,127,619


	Senior Notes
	As discussed in Note 10 to our consolidated financial statements included in our 2013 Annual Report, on November 1, 2013 we completed the public offering of $300.0 million in aggregate principal amount of senior notes due November 15, 2023. On September 11, 2012, we completed the public offering of $500.0 million in aggregate principal amount of senior notes due September 15, 2022.

	Senior Credit Facility
	As discussed in Note 10 to our consolidated financial statements included in our 2013 Annual Report, on October 4, 2013 we amended our existing credit agreement that provided for a $400.0 million term loan (“Term Loan Facility”) and a $1.0 billion revolving credit facility (“Revolving Credit Facility” and, together with the Term Loan Facility, the “Senior Credit Facility”) with a maturity date of October 4, 2018. As of September 30, 2014 and December 31, 2013, we had no amounts outstanding under the Revolving Credit Facility. We had outstanding letters of credit of $74.8 million and $106.1 million at September 30, 2014 and December 31, 2013, respectively, which reduced our borrowing capacity to $925.2 million and $893.9 million, respectively. Our obligations under the Senior Credit Facility are guaranteed by certain of our 100% owned domestic subsidiaries. Such guarantees are released if we achieve certain credit ratings. We had not achieved these ratings as of September 30, 2014. Our compliance with applicable financial covenants under the Senior Credit Facility is tested quarterly, and we complied with all covenants at September 30, 2014.
	We may prepay loans under our Senior Credit Facility in whole or in part, without premium or penalty, at any time. A commitment fee, which is payable quarterly on the daily unused portions of the Senior Credit Facility, was 0.175% (per annum) during the period ended September 30, 2014. During the nine months ended September 30, 2014, we made scheduled repayments of $30.0 million under our Term Loan Facility. We have scheduled repayments of $10.0 million due in each of the next four quarters on our Senior Credit Facility. Our Senior Credit Facility bears a floating rate of interest, and we have $40.0 million of notional amount of interest rate swaps at September 30, 2014 to hedge exposure to floating interest rates.

	European Letter of Credit Facility
	Due to the increased capacity and the removal of the performance letters of credit sublimit of the Revolving Credit Facility, we elected not to renew our 364-day unsecured, committed €125.0 million European Letter of Credit Facility ("European LOC Facility"), which expired in October 2013; however, the existing letters of credit remain outstanding and are still bound by the facility's covenants. We were in compliance with all covenants under our European LOC Facility as of September 30, 2014.
	We had outstanding letters of credit drawn on the European LOC Facility of €7.5 million ($9.5 million) and €69.6 million ($95.4 million) as of September 30, 2014 and December 31, 2013, respectively.

Supplemental_Guarantor_Financi

Supplemental Guarantor Financial Information	9 Months Ended
	Sep. 30, 2014
Guarantor Financial Data [Abstract]	'
Supplemental Guarantor Financial Information	'

	6	Supplemental Guarantor Financial Information

	Our Senior Notes are fully and unconditionally and jointly and severally guaranteed by certain of our 100% owned domestic subsidiaries. The following condensed consolidating financial statements present the financial position, results of operations and cash flows of Flowserve Corporation (referred to as “Parent” for the purpose of this note only) on a Parent-only (Issuer) basis, the combined guarantor subsidiaries on a guarantor-only basis, the combined non-guarantor subsidiaries on a non-guarantor-only basis and elimination adjustments necessary to arrive at the information for the Parent, guarantor subsidiaries and non-guarantor subsidiaries on a condensed consolidated basis. Investments in subsidiaries have been accounted for using the equity method for this presentation.

	FLOWSERVE CORPORATION
	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME


		Three Months Ended September 30, 2014
		Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
	(Amounts in thousands)
	Sales	$	—			$	477,166			$	823,193			$	(96,347	)		$	1,204,012

	Cost of sales	—				(312,258		)		(566,611		)		96,347				(782,522		)

	Gross profit	—				164,908				256,582				—				421,490

	Selling, general and administrative expense	(455		)		(114,640		)		(115,777		)		—				(230,872		)

	Net earnings from affiliates	—				267				1,558				—				1,825

	Net earnings from consolidated subsidiaries, net of tax	135,270				100,336				—				(235,606		)		—

	Operating income	134,815				150,871				142,363				(235,606		)		192,443

	Interest expense, net	(8,887		)		(2,736		)		(3,107		)		—				(14,730		)

	Other income (expense), net	22				(1,134		)		6,724				—				5,612

	Earnings before income taxes	125,950				147,001				145,980				(235,606		)		183,325

	Provision for income taxes	2,612				(11,731		)		(43,606		)		—				(52,725		)

	Net earnings, including noncontrolling interests	128,562				135,270				102,374				(235,606		)		130,600

	Less: Net earnings attributable to noncontrolling interests	—				—				(2,038		)		—				(2,038		)

	Net earnings attributable to Flowserve Corporation	$	128,562			$	135,270			$	100,336			$	(235,606	)		$	128,562

	Comprehensive income attributable to Flowserve Corporation	$	32,952			$	39,625			$	23,573			$	(63,198	)		$	32,952



		Three Months Ended September 30, 2013
		Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
	(Amounts in thousands)
	Sales	$	—			$	483,039			$	842,426			$	(96,408	)		$	1,229,057

	Cost of sales	—				(311,255		)		(591,471		)		96,408				(806,318		)

	Gross profit	—				171,784				250,955				—				422,739

	Selling, general and administrative expense	(457		)		(114,511		)		(116,601		)		—				(231,569		)

	Net earnings from affiliates	—				565				1,653				—				2,218

	Net earnings from consolidated subsidiaries, net of tax	131,425				93,959				—				(225,384		)		—

	Operating income	130,968				151,797				136,007				(225,384		)		193,388

	Interest expense, net	(7,253		)		(3,026		)		(2,442		)		—				(12,721		)

Other (expense) income, net	—				(1,822		)		3,555				—				1,733

Earnings before income taxes	123,715				146,949				137,120				(225,384		)		182,400

Provision for income taxes	2,556				(15,524		)		(42,902		)		—				(55,870		)

Net earnings, including noncontrolling interests	126,271				131,425				94,218				(225,384		)		126,530

Less: Net earnings attributable to noncontrolling interests	—				—				(259		)		—				(259		)

Net earnings attributable to Flowserve Corporation	$	126,271			$	131,425			$	93,959			$	(225,384	)		$	126,271

Comprehensive income attributable to Flowserve Corporation	$	164,861			$	169,865			$	129,539			$	(299,404	)		$	164,861




	Nine Months Ended September 30, 2014
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Sales	$	—			$	1,394,633			$	2,357,079			$	(255,186	)		$	3,496,526

Cost of sales	—				(900,114		)		(1,622,681		)		255,186				(2,267,609		)

Gross profit	—				494,519				734,398				—				1,228,917

Selling, general and administrative expense	(1,351		)		(285,189		)		(398,737		)		—				(685,277		)

Net earnings from affiliates	—				630				6,812				—				7,442

Net earnings from consolidated subsidiaries, net of tax	379,764				245,540				—				(625,304		)		—

Operating income	378,413				455,500				342,473				(625,304		)		551,082

Interest expense, net	(26,945		)		(8,183		)		(8,940		)		—				(44,068		)

Other income (expense), net	24				(6,111		)		4,958				—				(1,129		)

Earnings before income taxes	351,492				441,206				338,491				(625,304		)		505,885

Provision for income taxes	8,316				(61,442		)		(88,407		)		—				(141,533		)

Net earnings, including noncontrolling interests	359,808				379,764				250,084				(625,304		)		364,352

Less: Net earnings attributable to noncontrolling interests	—				—				(4,544		)		—				(4,544		)

Net earnings attributable to Flowserve Corporation	$	359,808			$	379,764			$	245,540			$	(625,304	)		$	359,808

Comprehensive income attributable to Flowserve Corporation	$	279,101			$	164,588			$	182,396			$	(346,984	)		$	279,101



	Nine Months Ended September 30, 2013
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Sales	$	—			$	1,423,260			$	2,415,936			$	(274,017	)		$	3,565,179

Cost of sales	—				(921,473		)		(1,700,099		)		274,017				(2,347,555		)

Gross profit	—				501,787				715,837				—				1,217,624

Selling, general and administrative expense	(2,520		)		(277,228		)		(426,530		)		—				(706,278		)

Net earnings from affiliates	—				966				35,077				—				36,043

Net earnings from consolidated subsidiaries, net of tax	360,756				219,391				—				(580,147		)		—

Operating income	358,236				444,916				324,384				(580,147		)		547,389

Interest expense, net	(20,987		)		(8,785		)		(7,613		)		—				(37,385		)

Other expense, net	—				(5,203		)		(3,476		)		—				(8,679		)

Earnings before income taxes	337,249				430,928				313,295				(580,147		)		501,325

Provision for income taxes	7,200				(70,172		)		(92,026		)		—				(154,998		)

Net earnings, including noncontrolling interests	344,449				360,756				221,269				(580,147		)		346,327

Less: Net earnings attributable to noncontrolling interests	—				—				(1,878		)		—				(1,878		)

Net earnings attributable to Flowserve Corporation	$	344,449			$	360,756			$	219,391			$	(580,147	)		$	344,449

Comprehensive income attributable to Flowserve Corporation	$	325,981			$	341,344			$	196,768			$	(538,112	)		$	325,981


FLOWSERVE CORPORATION
CONDENSED CONSOLIDATING BALANCE SHEETS


	September 30, 2014
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	509			$	—			$	162,360			$	—			$	162,869

Accounts receivable, net	—				266,947				864,128				—				1,131,075

Intercompany receivables	6,270				132,139				223,215				(361,624		)		—

Inventories, net	—				381,908				736,375				—				1,118,283

Other current assets, net	641				151,942				108,400				—				260,983

Total current assets	7,420				932,936				2,094,478				(361,624		)		2,673,210

Property, plant and equipment, net	—				228,451				449,856				—				678,307

Goodwill	—				709,240				370,087				—				1,079,327

Intercompany receivables	432,500				271,945				64,114				(768,559		)		—

Investment in consolidated subsidiaries	2,617,150				1,584,885				—				(4,202,035		)		—

Other assets, net	13,159				202,854				146,917				—				362,930

Total assets	$	3,070,229			$	3,930,311			$	3,125,452			$	(5,332,218	)		$	4,793,774


LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	—			$	127,460			$	363,054			$	—			$	490,514

Intercompany payables	115				229,370				132,139				(361,624		)		—

Accrued liabilities	10,358				251,017				497,424				—				758,799

Debt due within one year	40,000				—				14,122				—				54,122

Deferred taxes	—				—				11,170				—				11,170

Total current liabilities	50,473				607,847				1,017,909				(361,624		)		1,314,605

Long-term debt due after one year	1,097,118				—				15,518				—				1,112,636

Intercompany payables	1,144				495,470				271,945				(768,559		)		—

Retirement obligations and other liabilities	6,580				209,844				226,410				—				442,834

Total liabilities	1,155,315				1,313,161				1,531,782				(1,130,183		)		2,870,075

Total Flowserve Corporation shareholders’ equity	1,914,914				2,617,150				1,584,885				(4,202,035		)		1,914,914

Noncontrolling interests	—				—				8,785				—				8,785

Total equity	1,914,914				2,617,150				1,593,670				(4,202,035		)		1,923,699

Total liabilities and equity	$	3,070,229			$	3,930,311			$	3,125,452			$	(5,332,218	)		$	4,793,774









	31-Dec-13
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	29,086			$	—			$	334,718			$	—			$	363,804

Accounts receivable, net	—				263,594				891,733				—				1,155,327

Intercompany receivables	—				155,422				74,089				(229,511		)		—

Inventories, net	—				371,172				689,498				—				1,060,670

Other current assets, net	1,879				144,551				121,151				—				267,581

Total current assets	30,965				934,739				2,111,189				(229,511		)		2,847,382

Property, plant and equipment, net	—				220,072				496,217				—				716,289

Goodwill	—				715,722				391,829				—				1,107,551

Intercompany receivables	432,500				9,520				186,789				(628,809		)		—

Investment in consolidated subsidiaries	2,579,701				1,850,998				—				(4,430,699		)		—

Other assets, net	15,486				211,755				138,270				—				365,511

Total assets	$	3,058,652			$	3,942,806			$	3,324,294			$	(5,289,019	)		$	5,036,733


LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	—			$	163,254			$	448,838			$	—			$	612,092

Intercompany payables	81				74,008				155,422				(229,511		)		—

Accrued liabilities	12,874				293,012				555,124				—				861,010

Debt due within one year	40,000				5				32,673				—				72,678

Deferred taxes	—				—				12,319				—				12,319

Total current liabilities	52,955				530,279				1,204,376				(229,511		)		1,558,099

Long-term debt due after one year	1,126,904				—				715				—				1,127,619

Intercompany payables	1,144				618,145				9,520				(628,809		)		—

Retirement obligations and other liabilities	7,270				214,681				251,943				—				473,894

Total liabilities	1,188,273				1,363,105				1,466,554				(858,320		)		3,159,612

Total Flowserve Corporation shareholders’ equity	1,870,379				2,579,701				1,850,998				(4,430,699		)		1,870,379

Noncontrolling interests	—				—				6,742				—				6,742

Total equity	1,870,379				2,579,701				1,857,740				(4,430,699		)		1,877,121

Total liabilities and equity	$	3,058,652			$	3,942,806			$	3,324,294			$	(5,289,019	)		$	5,036,733












FLOWSERVE CORPORATION
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Nine Months Ended September 30, 2014
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Net cash flows provided by operating activities	$	253,034			$	276,330			$	28,315			$	(431,478	)		$	126,201

Cash flows — Investing activities:

Capital expenditures	—				(33,917		)		(49,685		)		—				(83,602		)

Proceeds from sale of business, net of cash divested	—				—				46,805				—				46,805

Intercompany short-term financing, net	—				—				(156,072		)		156,072				—

Intercompany loan proceeds	—				83				122,675				(122,758		)		—

Intercompany loan payments	—				(1,864		)		—				1,864				—

Proceeds from disposition of assets	—				146				1,467				—				1,613

Net cash flows used by investing activities	—				(35,552		)		(34,810		)		35,178				(35,184		)

Cash flows — Financing activities:
Excess tax benefits from stock-based payment arrangements	—				6,486				2,004				—				8,490

Payments on long-term debt	(30,000		)		—				—				—				(30,000		)

Proceeds under other financing arrangements	—				—				14,388				—				14,388

Payments under other financing arrangements	—				(5		)		(16,372		)		—				(16,377		)

Repurchases of common shares	(188,324		)		—				—				—				(188,324		)

Payments of dividends	(63,287		)		—				—				—				(63,287		)

Intercompany short-term financing, net	—				156,072				—				(156,072		)		—

Intercompany loan proceeds	—				—				1,864				(1,864		)		—

Intercompany loan payments	—				(122,675		)		(83		)		122,758				—

Intercompany dividends	—				(280,656		)		(150,822		)		431,478				—

All other financing, net	—				—				(2,499		)		—				(2,499		)

Net cash flows used by financing activities	(281,611		)		(240,778		)		(151,520		)		396,300				(277,609		)

Effect of exchange rate changes on cash	—				—				(14,343		)		—				(14,343		)

Net change in cash and cash equivalents	(28,577		)		—				(172,358		)		—				(200,935		)

Cash and cash equivalents at beginning of period	29,086				—				334,718				—				363,804

Cash and cash equivalents at end of period	$	509			$	—			$	162,360			$	—			$	162,869




	Nine Months Ended September 30, 2013
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Net cash flows provided (used) by operating activities	$	245,150			$	138,849			$	(26,091	)		$	(249,020	)		$	108,888

Cash flows — Investing activities:

Capital expenditures	—				(27,827		)		(66,875		)		—				(94,702		)

Payments for acquisition, net of cash acquired	—				—				(10,143		)		—				(10,143		)

Intercompany loan proceeds	—				911				56,333				(57,244		)		—

Intercompany loan payments	—				(52		)		(173,511		)		173,563				—

Proceeds from disposition of assets	—				93				876				—				969

Affiliate investment activity, net	—				—				46,240				—				46,240

Net cash flows used by investing activities	—				(26,875		)		(147,080		)		116,319				(57,636		)

Cash flows — Financing activities:
Excess tax benefits from stock-based payment arrangements	—				8,265				1,839				—				10,104

Payments on long-term debt	(15,000		)		—				—				—				(15,000		)

Short-term financing, net	196,000				—				—				—				196,000

Proceeds under other financing arrangements	—				—				9,844				—				9,844

Payments under other financing arrangements	—				(15		)		(10,400		)		—				(10,415		)

Repurchases of common shares	(370,127		)		—				—				—				(370,127		)

Payments of dividends	(57,337		)		—				—				—				(57,337		)

Intercompany loan proceeds	—				173,511				52				(173,563		)		—

Intercompany loan payments	—				(56,333		)		(911		)		57,244				—

Intercompany dividends	—				(237,402		)		(11,618		)		249,020				—

All other financing, net	91				—				(169		)		—				(78		)

Net cash flows used by financing activities	(246,373		)		(111,974		)		(11,363		)		132,701				(237,009		)

Effect of exchange rate changes on cash	—				—				(4,744		)		—				(4,744		)

Net change in cash and cash equivalents	(1,223		)		—				(189,278		)		—				(190,501		)

Cash and cash equivalents at beginning of period	2,609				—				301,643				—				304,252

Cash and cash equivalents at end of period	$	1,386			$	—			$	112,365			$	—			$	113,751

Fair_Value

Fair Value	9 Months Ended
Fair Value	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value	'
	Fair Value
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or inputs are not available, valuation models may be applied. Assets and liabilities recorded at fair value in our condensed consolidated balance sheets are categorized by hierarchical levels based upon the level of judgment associated with the inputs used to measure their fair values. Recurring fair value measurements are limited to investments in derivative instruments. The fair value measurements of our derivative instruments are determined using models that maximize the use of the observable market inputs including interest rate curves and both forward and spot prices for currencies, and are classified as Level II under the fair value hierarchy. The fair values of our derivatives are included in Note 4.
	Our financial instruments are presented at fair value in our condensed consolidated balance sheets, with the exception of our long-term debt. The estimated fair value of our long-term debt, excluding the Senior Notes, approximates the carrying value and is classified as Level II under the fair value hierarchy. The carrying value of our debt is included in Note 5. The estimated fair value of our Senior Notes at September 30, 2014 was $805.0 million compared to the carrying value of $797.1 million. The estimated fair value of the Senior Notes is based on Level I quoted market rates. The carrying amounts of our other financial instruments (e.g., cash and cash equivalents, accounts receivable, net, accounts payable and short-term debt) approximated fair value due to their short-term nature at September 30, 2014 and December 31, 2013.

Inventories

Inventories	9 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Inventories	'
	Inventories
	Inventories, net consisted of the following:


		September 30,			December 31,
	(Amounts in thousands)	2014			2013
	Raw materials	$	375,624		$	356,899

	Work in process	856,938			786,664

	Finished goods	295,997			306,765

	Less: Progress billings	(327,991		)	(304,395		)
	Less: Excess and obsolete reserve	(82,285		)	(85,263		)
	Inventories, net	$	1,118,283		$	1,060,670

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	The following is a reconciliation of net earnings of Flowserve Corporation and weighted average shares for calculating net earnings per common share. Earnings per weighted average common share outstanding was calculated as follows:


		Three Months Ended September 30,
	(Amounts in thousands, except per share data)	2014		2013
	Net earnings of Flowserve Corporation	$	128,562	$	126,271

	Dividends on restricted shares not expected to vest	3		3

	Earnings attributable to common and participating shareholders	$	128,565	$	126,274

	Weighted average shares:
	Common stock	136,100		139,689

	Participating securities	567		676

	Denominator for basic earnings per common share	136,667		140,365

	Effect of potentially dilutive securities	862		720

	Denominator for diluted earnings per common share	137,529		141,085

	Earnings per common share:
	Basic	$	0.94	$	0.9

	Diluted	0.93		0.9



		Nine Months Ended September 30,
	(Amounts in thousands, except per share data)	2014		2013
	Net earnings of Flowserve Corporation	$	359,808	$	344,449

	Dividends on restricted shares not expected to vest	9		10

	Earnings attributable to common and participating shareholders	$	359,817	$	344,459

	Weighted average shares:
	Common stock	136,612		141,641

	Participating securities	584		708

	Denominator for basic earnings per common share	137,196		142,349

	Effect of potentially dilutive securities	936		850

	Denominator for diluted earnings per common share	138,132		143,199

	Earnings per common share:
	Basic	$	2.62	$	2.42

	Diluted	2.6		2.41

	Diluted earnings per share above is based upon the weighted average number of shares as determined for basic earnings per share plus shares potentially issuable in conjunction with stock options and Restricted Shares.
	For the three and nine months ended both September 30, 2014 and 2013, no options to purchase common stock were excluded from the computation of potentially dilutive securities.

Legal_Matters_and_Contingencie

Legal Matters and Contingencies	9 Months Ended
Legal Matters and Contingencies	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Legal Matters and Contingencies	'
	Legal Matters and Contingencies
	Asbestos-Related Claims
	We are a defendant in a substantial number of lawsuits that seek to recover damages for personal injury allegedly caused by exposure to asbestos-containing products manufactured and/or distributed by our heritage companies in the past. While the overall number of asbestos-related claims has generally declined in recent years, there can be no assurance that this trend will continue, or that the average cost per claim will not further increase. Asbestos-containing materials incorporated into any such products were primarily encapsulated and used as internal components of process equipment, and we do not believe that any significant emission of asbestos fibers occurred during the use of this equipment.
	Our practice is to vigorously contest and resolve these claims, and we have been successful in resolving a majority of claims with little or no payment. Historically, a high percentage of resolved claims have been covered by applicable insurance or indemnities from other companies, and we believe that a substantial majority of existing claims should continue to be covered by insurance or indemnities. Accordingly, we have recorded a liability for our estimate of the most likely settlement of asserted claims and a related receivable from insurers or other companies for our estimated recovery, to the extent we believe that the amounts of recovery are probable and not otherwise in dispute. While unfavorable rulings, judgments or settlement terms regarding these claims could have a material adverse impact on our business, financial condition, results of operations and cash flows, we currently believe the likelihood is remote. Additionally, we have claims pending against certain insurers that, if resolved more favorably than reflected in the recorded receivables, would result in discrete gains in the applicable quarter. We are currently unable to estimate the impact, if any, of unasserted asbestos-related claims, although future claims would also be subject to then existing indemnities and insurance coverage.
	United Nations Oil-for-Food Program
	In mid-2006, French authorities began an investigation of over 170 French companies, of which one of our French subsidiaries was included, concerning suspected inappropriate activities conducted in connection with the United Nations Oil for Food Program. As previously disclosed, the French investigation of our French subsidiary was formally opened in the first quarter of 2010, and our French subsidiary filed a formal response with the French Court. In July 2012, the French Court ruled against our procedural motions to challenge the constitutionality of the charges and quash the indictment. While the French Court ruling is currently proceeding through a formal review process, we currently do not expect to incur additional case resolution costs of a material amount in this matter. However, if the French authorities take enforcement action against our French subsidiary regarding its investigation, we may be subject to monetary and non-monetary penalties, which we currently do not believe will have a material adverse financial impact on our company.

	In addition to the governmental investigation referenced above, on June 27, 2008, the Republic of Iraq filed a civil suit in federal court in New York against 93 participants in the United Nations Oil-for-Food Program, including us and our two foreign subsidiaries that participated in the program. On February 6, 2013 the U.S. District Court for the Southern District of New York issued a ruling that dismissed the suit with prejudice. The plaintiff appealed the dismissal, and that appeal remains pending. We will continue to vigorously contest the suit, and we believe that we have valid defenses to the claims asserted. We do not currently believe the resolution of this suit will have a material adverse financial impact on our company.
	Other
	We are currently involved as a potentially responsible party at five former public waste disposal sites in various stages of evaluation or remediation. The projected cost of remediation at these sites, as well as our alleged "fair share" allocation, will remain uncertain until all studies have been completed and the parties have either negotiated an amicable resolution or the matter has been judicially resolved. At each site, there are many other parties who have similarly been identified. Many of the other parties identified are financially strong and solvent companies that appear able to pay their share of the remediation costs. Based on our information about the waste disposal practices at these sites and the environmental regulatory process in general, we believe that it is likely that ultimate remediation liability costs for each site will be apportioned among all liable parties, including site owners and waste transporters, according to the volumes and/or toxicity of the wastes shown to have been disposed of at the sites. We believe that our financial exposure for existing disposal sites will not be materially in excess of accrued reserves.
	We are also a defendant in a number of other lawsuits, including product liability claims, that are insured, subject to the applicable deductibles, arising in the ordinary course of business, and we are also involved in other uninsured routine litigation, including contract disputes, incidental to our business. We currently believe none of such litigation, either individually or in the aggregate, is material to our business, operations or overall financial condition. However, litigation is inherently unpredictable, and resolutions or dispositions of claims or lawsuits by settlement or otherwise could have an adverse impact on our financial position, results of operations or cash flows for the reporting period in which any such resolution or disposition occurs.
	Although none of the aforementioned potential liabilities can be quantified with absolute certainty except as otherwise indicated above, we have established reserves covering exposures relating to contingencies, to the extent believed to be reasonably estimable and probable based on past experience and available facts. While additional exposures beyond these reserves could exist, they currently cannot be estimated. We will continue to evaluate and update the reserves as necessary and appropriate.

Retirement_and_Postretirement_

Retirement and Postretirement Benefits	9 Months Ended
	Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
Retirement and Postretirement Benefits	'
	Retirement and Postretirement Benefits
	Components of the net periodic cost for retirement and postretirement benefits for the three months ended September 30, 2014 and 2013 were as follows:


		U.S.						Non-U.S.						Postretirement
		Defined Benefit Plans						Defined Benefit Plans						Medical Benefits
	(Amounts in millions)	2014			2013			2014			2013			2014			2013
	Service cost	$	5.7		$	5.4		$	1.7		$	1.7		$	—		$	—

	Interest cost	4.4			3.7			3.7			3.3			0.3			0.3

	Expected return on plan assets	(5.5		)	(4.8		)	(2.7		)	(2.4		)	—			—

	Amortization of prior service cost	0.2			—			0.1			0.1			—			—

	Amortization of unrecognized net loss (gain)	2.1			3.8			1.7			1.7			(0.3		)	(0.4		)

	Net periodic cost (benefit) recognized	$	6.9		$	8.1		$	4.5		$	4.4		$	—		$	(0.1	)


	Components of the net periodic cost for retirement and postretirement benefits for the nine months ended September 30, 2014 and 2013 were as follows:


		U.S.						Non-U.S.						Postretirement
		Defined Benefit Plans						Defined Benefit Plans						Medical Benefits
	(Amounts in millions)	2014			2013			2014			2013			2014			2013
	Service cost	$	17.2		$	17.6		$	5.2		$	5.1		$	—		$	—

	Interest cost	13.1			11.3			11.1			10.1			0.9			0.8

	Expected return on plan assets	(16.5		)	(15.0		)	(8.0		)	(7.1		)	—			—

	Amortization of prior service cost	0.4			—			0.2			0.1			—			—

	Amortization of unrecognized net loss (gain)	6.3			10.7			5.1			5			(0.9		)	(1.0		)

	Net periodic cost (benefit) recognized	$	20.5		$	24.6		$	13.6		$	13.2		$	—		$	(0.2	)

Shareholders_Equity

Shareholders' Equity	9 Months Ended
Shareholders' Equity	Sep. 30, 2014
Equity [Abstract]	'
Shareholders' Equity	'
	Shareholders’ Equity
	Dividends – On February 17, 2014, our Board of Directors authorized an increase in the payment of quarterly dividends on our common stock from $0.14 per share to $0.16 per share payable quarterly beginning on April 11, 2014. On February 19, 2013, our Board of Directors authorized an increase in the payment of quarterly dividends on our common stock from $0.12 per share to $0.14 per share, payable quarterly beginning on April 12, 2013. Generally, our dividend date-of-record is in the last month of the quarter, and the dividend is paid the following month. Any subsequent dividends will be reviewed by our Board of Directors and declared in its discretion dependent on its assessment of our financial situation and business outlook at the applicable time.
	Share Repurchase Program – On February 19, 2013, our Board of Directors approved a $750.0 million share repurchase authorization, which included approximately $193 million of remaining capacity under the prior $1.0 billion share repurchase authorization. Our share repurchase program does not have an expiration date, and we reserve the right to limit or terminate the repurchase program at any time without notice.
	We repurchased 475,177 shares of our outstanding common stock for $35.3 million, and 1,115,276 shares for $63.8 million, during the three months ended September 30, 2014 and 2013, respectively. We repurchased 2,485,481 shares of our outstanding common stock for $188.3 million and 6,876,380 shares for $370.1 million, during the nine months ended September 30, 2014 and 2013, respectively. As of September 30, 2014, we have $196.0 million of remaining capacity under our current share repurchase program.

Income_Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	For the three months ended September 30, 2014, we earned $183.3 million before taxes and provided for income taxes of $52.7 million, resulting in an effective tax rate of 28.8%. For the nine months ended September 30, 2014, we earned $505.9 million before taxes and provided for income taxes of $141.5 million resulting in an effective tax rate of 28.0%. The effective tax rate varied from the U.S. federal statutory rate for the three and nine months ended September 30, 2014 primarily due to the net impact of foreign operations.
	For the three months ended September 30, 2013, we earned $182.4 million before taxes and provided for income taxes of $55.9 million, resulting in an effective tax rate of 30.6%. For the nine months ended September 30, 2013, we earned $501.3 million before taxes and provided for income taxes of $155.0 million, resulting in an effective tax rate of 30.9%. The effective tax rate varied from the U.S. federal statutory rate for the three months ended September 30, 2013 primarily due to the net impact of foreign operations. The effective tax rate varied from the U.S. federal statutory rate for the nine months ended September 30, 2013 primarily due to the net impact of foreign operations, partially offset by taxes incurred on the exit of our equity investment in the AIL joint venture discussed in Note 2.
	As of September 30, 2014, the amount of unrecognized tax benefits increased by $1.8 million from December 31, 2013. With limited exception, we are no longer subject to U.S. federal income tax audits for years through 2012, state and local income tax audits for years through 2009 or non-U.S. income tax audits for years through 2007. We are currently under examination for various years in Austria, France, Germany, India, Italy, Singapore, the U.S. and Venezuela.
	It is reasonably possible that within the next 12 months the effective tax rate will be impacted by the resolution of some or all of the matters audited by various taxing authorities. It is also reasonably possible that we will have the statute of limitations close in various taxing jurisdictions within the next 12 months. As such, we estimate we could record a reduction in our tax expense of approximately $9.2 million within the next 12 months.

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	Segment Information
	The following is a summary of the financial information of the reportable segments reconciled to the amounts reported in the condensed consolidated financial statements:


	Three Months Ended September 30, 2014
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	601,978	$	216,622	$	385,412	$	1,204,012	$	—		$	1,204,012

	Intersegment sales	18,886		14,824		1,545		35,255		(35,255		)	—

	Segment operating income	112,131		28,528		72,301		212,960		(20,517		)	192,443


	Three Months Ended September 30, 2013
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	634,402	$	201,914	$	392,741	$	1,229,057	$	—		$	1,229,057

	Intersegment sales	16,949		20,510		1,617		39,076		(39,076		)	—

	Segment operating income	114,004		25,234		76,700		215,938		(22,550		)	193,388




	Nine Months Ended September 30, 2014
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	1,684,196	$	640,470	$	1,171,860	$	3,496,526	$	—		$	3,496,526

	Intersegment sales	51,084		40,857		4,421		96,362		(96,362		)	—

	Segment operating income	295,225		83,403		234,560		613,188		(62,106		)	551,082


	Nine Months Ended September 30, 2013
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	1,765,783	$	615,094	$	1,184,302	$	3,565,179	$	—		$	3,565,179

	Intersegment sales	50,209		57,514		5,257		112,980		(112,980		)	—

	Segment operating income	296,794		77,070		236,736		610,600		(63,211		)	547,389

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Loss	9 Months Ended
Accumulated Other Comprehensive Loss	Sep. 30, 2014
Statement of Other Comprehensive Loss [Abstract]	'
Accumulated Other Comprehensive Loss	'
	Accumulated Other Comprehensive Loss
	The following table presents the changes in accumulated other comprehensive loss ("AOCL"), net of tax for the three months ended September 30, 2014 and 2013:


		2014														2013
	(Amounts in thousands)	Foreign currency translation items(1)				Pension and other post-retirement effects				Cash flow hedging activity			Total(1)			Foreign currency translation items(1)			Pension and other post-retirement effects			Cash flow hedging activity			Total(1)

	Balance - July 1	$	(79,220	)		$	(125,286	)		$	(711	)	$	(205,217	)	$	(128,169	)	$	(152,130	)	$	221		$	(280,078	)
	Balance - July 1	$	(79,220	)		$	(125,286	)		$	(711	)	$	(205,217	)	$	(128,169	)	$	(152,130	)	$	221		$	(280,078	)
	Other comprehensive (loss) income before reclassifications	(100,195		)		4,710				(2,804		)	(98,289		)	38,581			(3,824		)	172			34,929
	Other comprehensive (loss) income before reclassifications	(100,195		)		4,710				(2,804		)	(98,289		)	38,581			(3,824		)	172			34,929
	Amounts reclassified from AOCL	—				2,568				7			2,575			—			3,451			(20		)	3,431
	Amounts reclassified from AOCL	—				2,568				7			2,575			—			3,451			(20		)	3,431
	Net current-period other comprehensive (loss) income	(100,195		)		7,278				(2,797		)	(95,714		)	38,581			(373		)	152			38,360
	Net current-period other comprehensive (loss) income	(100,195		)		7,278				(2,797		)	(95,714		)	38,581			(373		)	152			38,360
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	_______________________________________
	(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.3 million at July 1, 2014 and 2013, $1.3 million and $1.1 million at September 30, 2014 and 2013, respectively.

	The following table presents the reclassifications out of AOCL:


					Three Months Ended September 30,
	(Amounts in thousands)		Affected line item in the statement of income		2014(1)				2013(1)
	Cash flow hedging activity
	Interest rate swaps		Interest expense		$	(15	)		$	32
	Interest rate swaps		Interest expense		$	(15	)		$	32
			Tax benefit		8				(12		)
			Tax benefit		8				(12		)
			Net of tax		$	(7	)		$	20
			Net of tax		$	(7	)		$	20

	Pension and other postretirement effects
	Amortization of actuarial losses(2)				$	(3,516	)		$	(5,108	)
	Prior service costs(2)				(169		)		—
	Prior service costs(2)				(169		)		—
			Tax benefit		1,117				1,657
			Tax benefit		1,117				1,657
			Net of tax		$	(2,568	)		$	(3,451	)
	_______________________________________
	(1) Amounts in parentheses indicate decreases to income. None of the reclass amounts have a noncontrolling interest component.
	(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 11 for additional details.
	The following table presents the changes in AOCL, net of tax, for the nine months ended September 30, 2014 and 2013:


		2014														2013
	(Amounts in thousands)	Foreign currency translation items(1)				Pension and other post-retirement effects				Cash flow hedging activity			Total(1)			Foreign currency translation items(1)			Pension and other post-retirement effects			Cash flow hedging activity			Total(1)
	Balance - January 1	$	(89,953	)		$	(129,528	)		$	(814	)	$	(220,295	)	$	(61,083	)	$	(161,757	)	$	(254	)	$	(223,094	)
	Other comprehensive (loss) income before reclassifications	(91,239		)		3,816				(2,947		)	(90,370		)	(29,722		)	(699		)	373			(30,048		)
	Other comprehensive (loss) income before reclassifications	(91,239		)		3,816				(2,947		)	(90,370		)	(29,722		)	(699		)	373			(30,048		)
	Amounts reclassified from AOCL(2)	1,777				7,704				253			9,734			1,217			9,953			254			11,424
	Amounts reclassified from AOCL(2)	1,777				7,704				253			9,734			1,217			9,953			254			11,424
	Net current-period other comprehensive (loss) income	(89,462		)		11,520				(2,694		)	(80,636		)	(28,505		)	9,254			627			(18,624		)
	Net current-period other comprehensive (loss) income	(89,462		)		11,520				(2,694		)	(80,636		)	(28,505		)	9,254			627			(18,624		)
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	_______________________________________
	(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.2 million at January 1, 2014 and 2013, $1.3 million and $1.1 million at September 30, 2014 and 2013, respectively.

	-2	Previously disclosed foreign currency translation items as $5.5 million in 2014. No incremental impact on our consolidated financial condition or results of operations.

	The following table presents the reclassifications out of AOCL:


				Nine Months Ended September 30,
(Amounts in thousands)		Affected line item in the statement of income		2014(1)				2013(1)
Foreign currency translation items
Release of cumulative translation adjustments upon sale of equity method investment		Net earnings from affiliates		$	—			$	(1,217	)
		Net earnings from affiliates		$	—			$	(1,217	)
Release of cumulative translation adjustments due to sale of business(2)		Selling, general and administrative expense		(1,777		)		—
		Selling, general and administrative expense		(1,777		)		—
		Tax benefit		—				—
		Tax benefit		—				—
		Net of tax		$	(1,777	)		$	(1,217	)

Cash flow hedging activity
Interest rate swaps		Interest expense		$	(406	)		$	(406	)
		Tax benefit		153				152
		Tax benefit		153				152
		Net of tax		$	(253	)		$	(254	)

Pension and other postretirement effects
Amortization of actuarial losses(3)				$	(10,547	)		$	(14,709	)
Prior service costs(3)				(508		)		—
Prior service costs(3)				(508		)		—
		Tax benefit		3,351				4,756
		Tax benefit		3,351				4,756
		Net of tax		$	(7,704	)		$	(9,953	)
_______________________________________
(1) Amounts in parentheses indicate decreases to income. None of the reclass amounts have a noncontrolling interest component.

-2	Previously disclosed as $(5.5) million in 2014. No incremental impact on our consolidated financial condition or results of operations.
(3) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 11 for additional details.

At September 30, 2014, we expect to recognize loss of $2.7 million, net of deferred taxes, into earnings in the next twelve months related to designated cash flow hedges based on their fair values at September 30, 2014.

Realignment_Program

Realignment Program	9 Months Ended
Realignment Program	Sep. 30, 2014
Restructuring and Related Activities [Abstract]	'
Realignment Program	'
	16. Realignment Program
	In the fourth quarter of 2013, we initiated a realignment program to reduce and optimize certain non-strategic QRC and manufacturing facilities and our overall cost structure ("2013 Realignment Program"). See Note 20 to our consolidated financial statements included in our 2013 Annual Report for additional information on our 2013 Realignment Program. We expect total 2013 Realignment Program charges will be $15.8 million for approved plans, of which $12.5 million has been incurred through September 30, 2014. The restructuring reserve was $2.0 million and $6.3 million at September 30, 2014 and December 31, 2013, respectively. Generally, the aforementioned charges were or will be paid in cash, except for asset write-downs, which are non-cash charges. The majority of remaining cash payments related to our 2013 Realignment Program will be incurred by the end of 2014.

Basis_of_Presentation_and_Acco1

Basis of Presentation and Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Loss Contingency, Parties Jointly and Severally Liable in Litigation	'
	In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-04, "Liabilities (Topic 405) - Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date," which requires a reporting entity that is jointly and severally liable to measure the obligation as the sum of the amount the entity has agreed with co-obligors to pay and any additional amount it expects to pay on behalf of one or more co-obligors. The scope of this ASU excludes obligations addressed by existing guidance. The ASU shall be applied retrospectively for arrangements existing at the beginning of the year of adoption. Our adoption of ASU No. 2013-04 effective January 1, 2014 did not have an impact on our consolidated financial condition and results of operations.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	In April 2013, the FASB issued ASU No. 2013-07, "Presentation of Financial Statements (Topic 205) - Liquidation Basis of Accounting," which requires an entity to prepare its financial statements using the liquidation basis of accounting when liquidation is imminent. Liquidation is imminent when the likelihood is remote that the entity will return from liquidation and either (a) a plan for liquidation is approved by the person or persons with the authority to make such a plan effective and the likelihood is remote that the execution of the plan will be blocked by other parties or (b) a plan for liquidation is being imposed by other forces (for example, involuntary bankruptcy). The ASU shall be applied prospectively from the day that liquidation becomes imminent. Our adoption of ASU No. 2013-07 effective January 1, 2014 did not have an impact on our consolidated financial condition and results of operations.
Income Tax, Policy	'
	In July 2013, the FASB issued ASU No. 2013-11, "Income Taxes (Topic 740) - Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists," which provides guidance on the presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The ASU shall be applied prospectively to all unrecognized tax benefits that exist at the effective date. The adoption of ASU No. 2013-11 effective January 1, 2014 did not have an impact on our consolidated financial condition and results of operations.
Discontinued Operations, Policy [Policy Text Block]	'
	In April 2014, the FASB issued ASU No. 2014-08, "Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) - Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity," which provides guidance on the requirements for reporting discontinued operations. A discontinued operation may include a component of an entity or a group of components of an entity, or a business or nonprofit activity. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when the component of an entity or group of components of an entity meets the criteria to be classified as held for sale, is disposed of by sale, or is disposed of other than by sale (e.g., by abandonment or in a distribution to owners in a spinoff). This ASU also introduces new disclosure requirements for discontinued operations. The ASU shall be applied prospectively to (a) all disposals (or classifications as held for sale) of components of an entity and (b) businesses or nonprofit activities that, on acquisition, are classified as held for sale that occur after the effective date. We early adopted this ASU effective January 1, 2014 and it did not have an impact on our consolidated financial condition and results of operations.
Fair Value of Financial Instruments, Policy [Policy Text Block]	'
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or inputs are not available, valuation models may be applied. Assets and liabilities recorded at fair value in our condensed consolidated balance sheets are categorized by hierarchical levels based upon the level of judgment associated with the inputs used to measure their fair values. Recurring fair value measurements are limited to investments in derivative instruments. The fair value measurements of our derivative instruments are determined using models that maximize the use of the observable market inputs including interest rate curves and both forward and spot prices for currencies, and are classified as Level II under the fair value hierarchy. The fair values of our derivatives are included in Note 4.

StockBased_Compensation_Plans_

Stock-Based Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Information Regarding Restricted Shares	'
	The following table summarizes information regarding Restricted Shares:


		Nine Months Ended September 30, 2014
		Shares		Weighted Average
				Grant-Date Fair
				Value
	Number of unvested shares:
	Outstanding - January 1, 2014	2,020,678		$	44.68

	Granted	493,309		72.31

	Vested	(778,843	)	44.24

	Canceled	(94,495	)	51.13

	Outstanding - September 30, 2014	1,640,649		$	52.82

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedges (Tables)	9 Months Ended
Derivative Instruments and Hedges (Tables)	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Summary of Fair Value of Forward Exchange Contracts not Designated as Hedging Instruments	'
	The fair value of foreign exchange contracts not designated as hedging instruments are summarized below:


		September 30,		December 31,
	(Amounts in thousands)	2014		2013
	Current derivative assets	$	17,960	$	5,215
	Current derivative assets	$	17,960	$	5,215
	Noncurrent derivative assets	—		729
	Noncurrent derivative assets	—		729
	Current derivative liabilities	6,410		2,207
	Current derivative liabilities	6,410		2,207
	Noncurrent derivative liabilities	189		113
	Noncurrent derivative liabilities	189		113
Summary of Fair Value of Interest Rate Swaps and forward exchange derivative contracts in Designated Hedging Relationships	'
	The fair value of interest rate swaps and foreign exchange contracts designated as hedging instruments are summarized below:


		September 30,		December 31,
	(Amounts in thousands)	2014		2013
	Current derivative assets	$	—	$	146
	Current derivative assets	$	—	$	146
	Noncurrent derivative assets	—		—
	Noncurrent derivative assets	—		—
	Current derivative liabilities	4,159		409
	Current derivative liabilities	4,159		409
	Noncurrent derivative liabilities	96		37
	Noncurrent derivative liabilities	96		37
Impact of Net Changes in Fair Values of Forward Exchange Contracts Not Designated as Hedging Instruments	'
	The impact of net changes in the fair values of foreign exchange contracts are summarized below:


		Three Months Ended September 30,				Nine Months Ended September 30,
	(Amounts in thousands)	2014		2013		2014		2013
	Gain (loss) recognized in income	$	1,615	$	3,817	$	1,738	$	(3,714	)
	Gain (loss) recognized in income	$	1,615	$	3,817	$	1,738	$	(3,714	)
	Gains and losses recognized in our condensed consolidated statements of income for foreign exchange contracts are classified as other income (expense), net.

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Debt Including Capital Lease Obligations	'
	Debt, including capital lease obligations, consisted of:


		September 30,		December 31,
	(Amounts in thousands, except percentages)	2014		2013
	4.00% Senior Notes due November 15, 2023, net of unamortized discount	$	298,702	$	298,615

	3.50% Senior Notes due September 15, 2022, net of unamortized discount	498,416		498,289

	Term Loan Facility, interest rate of 1.48% at September 30, 2014 and 1.50% at December 31, 2013	340,000		370,000

	Capital lease obligations and other borrowings	29,640		33,393

	Debt and capital lease obligations	1,166,758		1,200,297

	Less amounts due within one year	54,122		72,678

	Total debt due after one year	$	1,112,636	$	1,127,619

Supplemental_Guarantor_Financi1

Supplemental Guarantor Financial Information (Tables)	9 Months Ended
	Sep. 30, 2014
Guarantor Financial Data [Abstract]	'
Schedule of Condensed Financial Statements	'
	FLOWSERVE CORPORATION
	CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME


		Three Months Ended September 30, 2014
		Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
	(Amounts in thousands)
	Sales	$	—			$	477,166			$	823,193			$	(96,347	)		$	1,204,012

	Cost of sales	—				(312,258		)		(566,611		)		96,347				(782,522		)

	Gross profit	—				164,908				256,582				—				421,490

	Selling, general and administrative expense	(455		)		(114,640		)		(115,777		)		—				(230,872		)

	Net earnings from affiliates	—				267				1,558				—				1,825

	Net earnings from consolidated subsidiaries, net of tax	135,270				100,336				—				(235,606		)		—

	Operating income	134,815				150,871				142,363				(235,606		)		192,443

	Interest expense, net	(8,887		)		(2,736		)		(3,107		)		—				(14,730		)

	Other income (expense), net	22				(1,134		)		6,724				—				5,612

	Earnings before income taxes	125,950				147,001				145,980				(235,606		)		183,325

	Provision for income taxes	2,612				(11,731		)		(43,606		)		—				(52,725		)

	Net earnings, including noncontrolling interests	128,562				135,270				102,374				(235,606		)		130,600

	Less: Net earnings attributable to noncontrolling interests	—				—				(2,038		)		—				(2,038		)

	Net earnings attributable to Flowserve Corporation	$	128,562			$	135,270			$	100,336			$	(235,606	)		$	128,562

	Comprehensive income attributable to Flowserve Corporation	$	32,952			$	39,625			$	23,573			$	(63,198	)		$	32,952



		Three Months Ended September 30, 2013
		Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
	(Amounts in thousands)
	Sales	$	—			$	483,039			$	842,426			$	(96,408	)		$	1,229,057

	Cost of sales	—				(311,255		)		(591,471		)		96,408				(806,318		)

	Gross profit	—				171,784				250,955				—				422,739

	Selling, general and administrative expense	(457		)		(114,511		)		(116,601		)		—				(231,569		)

	Net earnings from affiliates	—				565				1,653				—				2,218

	Net earnings from consolidated subsidiaries, net of tax	131,425				93,959				—				(225,384		)		—

	Operating income	130,968				151,797				136,007				(225,384		)		193,388

	Interest expense, net	(7,253		)		(3,026		)		(2,442		)		—				(12,721		)

	Other (expense) income, net	—				(1,822		)		3,555				—				1,733

	Earnings before income taxes	123,715				146,949				137,120				(225,384		)		182,400

	Provision for income taxes	2,556				(15,524		)		(42,902		)		—				(55,870		)

Net earnings, including noncontrolling interests	126,271				131,425				94,218				(225,384		)		126,530

Less: Net earnings attributable to noncontrolling interests	—				—				(259		)		—				(259		)

Net earnings attributable to Flowserve Corporation	$	126,271			$	131,425			$	93,959			$	(225,384	)		$	126,271

Comprehensive income attributable to Flowserve Corporation	$	164,861			$	169,865			$	129,539			$	(299,404	)		$	164,861




	Nine Months Ended September 30, 2014
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Sales	$	—			$	1,394,633			$	2,357,079			$	(255,186	)		$	3,496,526

Cost of sales	—				(900,114		)		(1,622,681		)		255,186				(2,267,609		)

Gross profit	—				494,519				734,398				—				1,228,917

Selling, general and administrative expense	(1,351		)		(285,189		)		(398,737		)		—				(685,277		)

Net earnings from affiliates	—				630				6,812				—				7,442

Net earnings from consolidated subsidiaries, net of tax	379,764				245,540				—				(625,304		)		—

Operating income	378,413				455,500				342,473				(625,304		)		551,082

Interest expense, net	(26,945		)		(8,183		)		(8,940		)		—				(44,068		)

Other income (expense), net	24				(6,111		)		4,958				—				(1,129		)

Earnings before income taxes	351,492				441,206				338,491				(625,304		)		505,885

Provision for income taxes	8,316				(61,442		)		(88,407		)		—				(141,533		)

Net earnings, including noncontrolling interests	359,808				379,764				250,084				(625,304		)		364,352

Less: Net earnings attributable to noncontrolling interests	—				—				(4,544		)		—				(4,544		)

Net earnings attributable to Flowserve Corporation	$	359,808			$	379,764			$	245,540			$	(625,304	)		$	359,808

Comprehensive income attributable to Flowserve Corporation	$	279,101			$	164,588			$	182,396			$	(346,984	)		$	279,101



	Nine Months Ended September 30, 2013
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Sales	$	—			$	1,423,260			$	2,415,936			$	(274,017	)		$	3,565,179

Cost of sales	—				(921,473		)		(1,700,099		)		274,017				(2,347,555		)

Gross profit	—				501,787				715,837				—				1,217,624

Selling, general and administrative expense	(2,520		)		(277,228		)		(426,530		)		—				(706,278		)

Net earnings from affiliates	—				966				35,077				—				36,043

Net earnings from consolidated subsidiaries, net of tax	360,756				219,391				—				(580,147		)		—

Operating income	358,236				444,916				324,384				(580,147		)		547,389

Interest expense, net	(20,987		)		(8,785		)		(7,613		)		—				(37,385		)

Other expense, net	—				(5,203		)		(3,476		)		—				(8,679		)

Earnings before income taxes	337,249				430,928				313,295				(580,147		)		501,325

Provision for income taxes	7,200				(70,172		)		(92,026		)		—				(154,998		)

Net earnings, including noncontrolling interests	344,449				360,756				221,269				(580,147		)		346,327

Less: Net earnings attributable to noncontrolling interests	—				—				(1,878		)		—				(1,878		)

Net earnings attributable to Flowserve Corporation	$	344,449			$	360,756			$	219,391			$	(580,147	)		$	344,449

Comprehensive income attributable to Flowserve Corporation	$	325,981			$	341,344			$	196,768			$	(538,112	)		$	325,981


FLOWSERVE CORPORATION
CONDENSED CONSOLIDATING BALANCE SHEETS


	September 30, 2014
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	509			$	—			$	162,360			$	—			$	162,869

Accounts receivable, net	—				266,947				864,128				—				1,131,075

Intercompany receivables	6,270				132,139				223,215				(361,624		)		—

Inventories, net	—				381,908				736,375				—				1,118,283

Other current assets, net	641				151,942				108,400				—				260,983

Total current assets	7,420				932,936				2,094,478				(361,624		)		2,673,210

Property, plant and equipment, net	—				228,451				449,856				—				678,307

Goodwill	—				709,240				370,087				—				1,079,327

Intercompany receivables	432,500				271,945				64,114				(768,559		)		—

Investment in consolidated subsidiaries	2,617,150				1,584,885				—				(4,202,035		)		—

Other assets, net	13,159				202,854				146,917				—				362,930

Total assets	$	3,070,229			$	3,930,311			$	3,125,452			$	(5,332,218	)		$	4,793,774


LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	—			$	127,460			$	363,054			$	—			$	490,514

Intercompany payables	115				229,370				132,139				(361,624		)		—

Accrued liabilities	10,358				251,017				497,424				—				758,799

Debt due within one year	40,000				—				14,122				—				54,122

Deferred taxes	—				—				11,170				—				11,170

Total current liabilities	50,473				607,847				1,017,909				(361,624		)		1,314,605

Long-term debt due after one year	1,097,118				—				15,518				—				1,112,636

Intercompany payables	1,144				495,470				271,945				(768,559		)		—

Retirement obligations and other liabilities	6,580				209,844				226,410				—				442,834

Total liabilities	1,155,315				1,313,161				1,531,782				(1,130,183		)		2,870,075

Total Flowserve Corporation shareholders’ equity	1,914,914				2,617,150				1,584,885				(4,202,035		)		1,914,914

Noncontrolling interests	—				—				8,785				—				8,785

Total equity	1,914,914				2,617,150				1,593,670				(4,202,035		)		1,923,699

Total liabilities and equity	$	3,070,229			$	3,930,311			$	3,125,452			$	(5,332,218	)		$	4,793,774









	31-Dec-13
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	29,086			$	—			$	334,718			$	—			$	363,804

Accounts receivable, net	—				263,594				891,733				—				1,155,327

Intercompany receivables	—				155,422				74,089				(229,511		)		—

Inventories, net	—				371,172				689,498				—				1,060,670

Other current assets, net	1,879				144,551				121,151				—				267,581

Total current assets	30,965				934,739				2,111,189				(229,511		)		2,847,382

Property, plant and equipment, net	—				220,072				496,217				—				716,289

Goodwill	—				715,722				391,829				—				1,107,551

Intercompany receivables	432,500				9,520				186,789				(628,809		)		—

Investment in consolidated subsidiaries	2,579,701				1,850,998				—				(4,430,699		)		—

Other assets, net	15,486				211,755				138,270				—				365,511

Total assets	$	3,058,652			$	3,942,806			$	3,324,294			$	(5,289,019	)		$	5,036,733


LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$	—			$	163,254			$	448,838			$	—			$	612,092

Intercompany payables	81				74,008				155,422				(229,511		)		—

Accrued liabilities	12,874				293,012				555,124				—				861,010

Debt due within one year	40,000				5				32,673				—				72,678

Deferred taxes	—				—				12,319				—				12,319

Total current liabilities	52,955				530,279				1,204,376				(229,511		)		1,558,099

Long-term debt due after one year	1,126,904				—				715				—				1,127,619

Intercompany payables	1,144				618,145				9,520				(628,809		)		—

Retirement obligations and other liabilities	7,270				214,681				251,943				—				473,894

Total liabilities	1,188,273				1,363,105				1,466,554				(858,320		)		3,159,612

Total Flowserve Corporation shareholders’ equity	1,870,379				2,579,701				1,850,998				(4,430,699		)		1,870,379

Noncontrolling interests	—				—				6,742				—				6,742

Total equity	1,870,379				2,579,701				1,857,740				(4,430,699		)		1,877,121

Total liabilities and equity	$	3,058,652			$	3,942,806			$	3,324,294			$	(5,289,019	)		$	5,036,733












FLOWSERVE CORPORATION
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS


	Nine Months Ended September 30, 2014
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Net cash flows provided by operating activities	$	253,034			$	276,330			$	28,315			$	(431,478	)		$	126,201

Cash flows — Investing activities:

Capital expenditures	—				(33,917		)		(49,685		)		—				(83,602		)

Proceeds from sale of business, net of cash divested	—				—				46,805				—				46,805

Intercompany short-term financing, net	—				—				(156,072		)		156,072				—

Intercompany loan proceeds	—				83				122,675				(122,758		)		—

Intercompany loan payments	—				(1,864		)		—				1,864				—

Proceeds from disposition of assets	—				146				1,467				—				1,613

Net cash flows used by investing activities	—				(35,552		)		(34,810		)		35,178				(35,184		)

Cash flows — Financing activities:
Excess tax benefits from stock-based payment arrangements	—				6,486				2,004				—				8,490

Payments on long-term debt	(30,000		)		—				—				—				(30,000		)

Proceeds under other financing arrangements	—				—				14,388				—				14,388

Payments under other financing arrangements	—				(5		)		(16,372		)		—				(16,377		)

Repurchases of common shares	(188,324		)		—				—				—				(188,324		)

Payments of dividends	(63,287		)		—				—				—				(63,287		)

Intercompany short-term financing, net	—				156,072				—				(156,072		)		—

Intercompany loan proceeds	—				—				1,864				(1,864		)		—

Intercompany loan payments	—				(122,675		)		(83		)		122,758				—

Intercompany dividends	—				(280,656		)		(150,822		)		431,478				—

All other financing, net	—				—				(2,499		)		—				(2,499		)

Net cash flows used by financing activities	(281,611		)		(240,778		)		(151,520		)		396,300				(277,609		)

Effect of exchange rate changes on cash	—				—				(14,343		)		—				(14,343		)

Net change in cash and cash equivalents	(28,577		)		—				(172,358		)		—				(200,935		)

Cash and cash equivalents at beginning of period	29,086				—				334,718				—				363,804

Cash and cash equivalents at end of period	$	509			$	—			$	162,360			$	—			$	162,869




	Nine Months Ended September 30, 2013
	Parent (Issuer)				Guarantor Subsidiaries				Non-Guarantor Subsidiaries				Eliminations				Consolidated Total
(Amounts in thousands)
Net cash flows provided (used) by operating activities	$	245,150			$	138,849			$	(26,091	)		$	(249,020	)		$	108,888

Cash flows — Investing activities:

Capital expenditures	—				(27,827		)		(66,875		)		—				(94,702		)

Payments for acquisition, net of cash acquired	—				—				(10,143		)		—				(10,143		)

Intercompany loan proceeds	—				911				56,333				(57,244		)		—

Intercompany loan payments	—				(52		)		(173,511		)		173,563				—

Proceeds from disposition of assets	—				93				876				—				969

Affiliate investment activity, net	—				—				46,240				—				46,240

Net cash flows used by investing activities	—				(26,875		)		(147,080		)		116,319				(57,636		)

Cash flows — Financing activities:
Excess tax benefits from stock-based payment arrangements	—				8,265				1,839				—				10,104

Payments on long-term debt	(15,000		)		—				—				—				(15,000		)

Short-term financing, net	196,000				—				—				—				196,000

Proceeds under other financing arrangements	—				—				9,844				—				9,844

Payments under other financing arrangements	—				(15		)		(10,400		)		—				(10,415		)

Repurchases of common shares	(370,127		)		—				—				—				(370,127		)

Payments of dividends	(57,337		)		—				—				—				(57,337		)

Intercompany loan proceeds	—				173,511				52				(173,563		)		—

Intercompany loan payments	—				(56,333		)		(911		)		57,244				—

Intercompany dividends	—				(237,402		)		(11,618		)		249,020				—

All other financing, net	91				—				(169		)		—				(78		)

Net cash flows used by financing activities	(246,373		)		(111,974		)		(11,363		)		132,701				(237,009		)

Effect of exchange rate changes on cash	—				—				(4,744		)		—				(4,744		)

Net change in cash and cash equivalents	(1,223		)		—				(189,278		)		—				(190,501		)

Cash and cash equivalents at beginning of period	2,609				—				301,643				—				304,252

Cash and cash equivalents at end of period	$	1,386			$	—			$	112,365			$	—			$	113,751

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Net Components of Inventory	'
	Inventories, net consisted of the following:


		September 30,			December 31,
	(Amounts in thousands)	2014			2013
	Raw materials	$	375,624		$	356,899

	Work in process	856,938			786,664

	Finished goods	295,997			306,765

	Less: Progress billings	(327,991		)	(304,395		)
	Less: Excess and obsolete reserve	(82,285		)	(85,263		)
	Inventories, net	$	1,118,283		$	1,060,670

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Calculation of Net Earnings Per Common Share and Weighted Average Common Share Outstanding	'
	The following is a reconciliation of net earnings of Flowserve Corporation and weighted average shares for calculating net earnings per common share. Earnings per weighted average common share outstanding was calculated as follows:


		Three Months Ended September 30,
	(Amounts in thousands, except per share data)	2014		2013
	Net earnings of Flowserve Corporation	$	128,562	$	126,271

	Dividends on restricted shares not expected to vest	3		3

	Earnings attributable to common and participating shareholders	$	128,565	$	126,274

	Weighted average shares:
	Common stock	136,100		139,689

	Participating securities	567		676

	Denominator for basic earnings per common share	136,667		140,365

	Effect of potentially dilutive securities	862		720

	Denominator for diluted earnings per common share	137,529		141,085

	Earnings per common share:
	Basic	$	0.94	$	0.9

	Diluted	0.93		0.9



		Nine Months Ended September 30,
	(Amounts in thousands, except per share data)	2014		2013
	Net earnings of Flowserve Corporation	$	359,808	$	344,449

	Dividends on restricted shares not expected to vest	9		10

	Earnings attributable to common and participating shareholders	$	359,817	$	344,459

	Weighted average shares:
	Common stock	136,612		141,641

	Participating securities	584		708

	Denominator for basic earnings per common share	137,196		142,349

	Effect of potentially dilutive securities	936		850

	Denominator for diluted earnings per common share	138,132		143,199

	Earnings per common share:
	Basic	$	2.62	$	2.42

	Diluted	2.6		2.41

Retirement_and_Postretirement_1

Retirement and Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
Components of Net Periodic Cost for Pension and Postretirement Benefits	'
	Components of the net periodic cost for retirement and postretirement benefits for the three months ended September 30, 2014 and 2013 were as follows:


		U.S.						Non-U.S.						Postretirement
		Defined Benefit Plans						Defined Benefit Plans						Medical Benefits
	(Amounts in millions)	2014			2013			2014			2013			2014			2013
	Service cost	$	5.7		$	5.4		$	1.7		$	1.7		$	—		$	—

	Interest cost	4.4			3.7			3.7			3.3			0.3			0.3

	Expected return on plan assets	(5.5		)	(4.8		)	(2.7		)	(2.4		)	—			—

	Amortization of prior service cost	0.2			—			0.1			0.1			—			—

	Amortization of unrecognized net loss (gain)	2.1			3.8			1.7			1.7			(0.3		)	(0.4		)

	Net periodic cost (benefit) recognized	$	6.9		$	8.1		$	4.5		$	4.4		$	—		$	(0.1	)


	Components of the net periodic cost for retirement and postretirement benefits for the nine months ended September 30, 2014 and 2013 were as follows:


		U.S.						Non-U.S.						Postretirement
		Defined Benefit Plans						Defined Benefit Plans						Medical Benefits
	(Amounts in millions)	2014			2013			2014			2013			2014			2013
	Service cost	$	17.2		$	17.6		$	5.2		$	5.1		$	—		$	—

	Interest cost	13.1			11.3			11.1			10.1			0.9			0.8

	Expected return on plan assets	(16.5		)	(15.0		)	(8.0		)	(7.1		)	—			—

	Amortization of prior service cost	0.4			—			0.2			0.1			—			—

	Amortization of unrecognized net loss (gain)	6.3			10.7			5.1			5			(0.9		)	(1.0		)

	Net periodic cost (benefit) recognized	$	20.5		$	24.6		$	13.6		$	13.2		$	—		$	(0.2	)

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Summarized Financial Information of Reportable Segments	'
	The following is a summary of the financial information of the reportable segments reconciled to the amounts reported in the condensed consolidated financial statements:


	Three Months Ended September 30, 2014
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	601,978	$	216,622	$	385,412	$	1,204,012	$	—		$	1,204,012

	Intersegment sales	18,886		14,824		1,545		35,255		(35,255		)	—

	Segment operating income	112,131		28,528		72,301		212,960		(20,517		)	192,443


	Three Months Ended September 30, 2013
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	634,402	$	201,914	$	392,741	$	1,229,057	$	—		$	1,229,057

	Intersegment sales	16,949		20,510		1,617		39,076		(39,076		)	—

	Segment operating income	114,004		25,234		76,700		215,938		(22,550		)	193,388




	Nine Months Ended September 30, 2014
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	1,684,196	$	640,470	$	1,171,860	$	3,496,526	$	—		$	3,496,526

	Intersegment sales	51,084		40,857		4,421		96,362		(96,362		)	—

	Segment operating income	295,225		83,403		234,560		613,188		(62,106		)	551,082


	Nine Months Ended September 30, 2013
	(Amounts in thousands)	Engineered Product Division		Industrial Product Division		Flow Control Division		Subtotal–Reportable Segments		Eliminations and All Other			Consolidated Total
	Sales to external customers	$	1,765,783	$	615,094	$	1,184,302	$	3,565,179	$	—		$	3,565,179

	Intersegment sales	50,209		57,514		5,257		112,980		(112,980		)	—

	Segment operating income	296,794		77,070		236,736		610,600		(63,211		)	547,389

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
Accumulated Other Comprehensive Loss (Tables)	Sep. 30, 2014
Statement of Other Comprehensive Loss [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss)	'
	The following table presents the changes in AOCL, net of tax, for the nine months ended September 30, 2014 and 2013:


		2014														2013
	(Amounts in thousands)	Foreign currency translation items(1)				Pension and other post-retirement effects				Cash flow hedging activity			Total(1)			Foreign currency translation items(1)			Pension and other post-retirement effects			Cash flow hedging activity			Total(1)
	Balance - January 1	$	(89,953	)		$	(129,528	)		$	(814	)	$	(220,295	)	$	(61,083	)	$	(161,757	)	$	(254	)	$	(223,094	)
	Other comprehensive (loss) income before reclassifications	(91,239		)		3,816				(2,947		)	(90,370		)	(29,722		)	(699		)	373			(30,048		)
	Other comprehensive (loss) income before reclassifications	(91,239		)		3,816				(2,947		)	(90,370		)	(29,722		)	(699		)	373			(30,048		)
	Amounts reclassified from AOCL(2)	1,777				7,704				253			9,734			1,217			9,953			254			11,424
	Amounts reclassified from AOCL(2)	1,777				7,704				253			9,734			1,217			9,953			254			11,424
	Net current-period other comprehensive (loss) income	(89,462		)		11,520				(2,694		)	(80,636		)	(28,505		)	9,254			627			(18,624		)
	Net current-period other comprehensive (loss) income	(89,462		)		11,520				(2,694		)	(80,636		)	(28,505		)	9,254			627			(18,624		)
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	_______________________________________
	(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.2 million at January 1, 2014 and 2013, $1.3 million and $1.1 million at September 30, 2014 and 2013, respectively.
	The following table presents the changes in accumulated other comprehensive loss ("AOCL"), net of tax for the three months ended September 30, 2014 and 2013:


		2014														2013
	(Amounts in thousands)	Foreign currency translation items(1)				Pension and other post-retirement effects				Cash flow hedging activity			Total(1)			Foreign currency translation items(1)			Pension and other post-retirement effects			Cash flow hedging activity			Total(1)

	Balance - July 1	$	(79,220	)		$	(125,286	)		$	(711	)	$	(205,217	)	$	(128,169	)	$	(152,130	)	$	221		$	(280,078	)
	Balance - July 1	$	(79,220	)		$	(125,286	)		$	(711	)	$	(205,217	)	$	(128,169	)	$	(152,130	)	$	221		$	(280,078	)
	Other comprehensive (loss) income before reclassifications	(100,195		)		4,710				(2,804		)	(98,289		)	38,581			(3,824		)	172			34,929
	Other comprehensive (loss) income before reclassifications	(100,195		)		4,710				(2,804		)	(98,289		)	38,581			(3,824		)	172			34,929
	Amounts reclassified from AOCL	—				2,568				7			2,575			—			3,451			(20		)	3,431
	Amounts reclassified from AOCL	—				2,568				7			2,575			—			3,451			(20		)	3,431
	Net current-period other comprehensive (loss) income	(100,195		)		7,278				(2,797		)	(95,714		)	38,581			(373		)	152			38,360
	Net current-period other comprehensive (loss) income	(100,195		)		7,278				(2,797		)	(95,714		)	38,581			(373		)	152			38,360
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	Balance - September 30	$	(179,415	)		$	(118,008	)		$	(3,508	)	$	(300,931	)	$	(89,588	)	$	(152,503	)	$	373		$	(241,718	)
	_______________________________________
	(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.3 million at July 1, 2014 and 2013, $1.3 million and $1.1 million at September 30, 2014 and 2013, respectively.
Reclassifications out of Accumulated Other Comprehensive Income (Loss)	'
	The following table presents the reclassifications out of AOCL:


					Nine Months Ended September 30,
	(Amounts in thousands)		Affected line item in the statement of income		2014(1)				2013(1)
	Foreign currency translation items
	Release of cumulative translation adjustments upon sale of equity method investment		Net earnings from affiliates		$	—			$	(1,217	)
			Net earnings from affiliates		$	—			$	(1,217	)
	Release of cumulative translation adjustments due to sale of business(2)		Selling, general and administrative expense		(1,777		)		—
			Selling, general and administrative expense		(1,777		)		—
			Tax benefit		—				—
			Tax benefit		—				—
			Net of tax		$	(1,777	)		$	(1,217	)

	Cash flow hedging activity
	Interest rate swaps		Interest expense		$	(406	)		$	(406	)
			Tax benefit		153				152
			Tax benefit		153				152
			Net of tax		$	(253	)		$	(254	)

	Pension and other postretirement effects
	Amortization of actuarial losses(3)				$	(10,547	)		$	(14,709	)
	Prior service costs(3)				(508		)		—
	Prior service costs(3)				(508		)		—
			Tax benefit		3,351				4,756
			Tax benefit		3,351				4,756
			Net of tax		$	(7,704	)		$	(9,953	)
	_______________________________________
	(1) Amounts in parentheses indicate decreases to income. None of the reclass amounts have a noncontrolling interest component.

	-2	Previously disclosed as $(5.5) million in 2014. No incremental impact on our consolidated financial condition or results of operations.
	(3) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 11 for additional details.
	The following table presents the reclassifications out of AOCL:


					Three Months Ended September 30,
	(Amounts in thousands)		Affected line item in the statement of income		2014(1)				2013(1)
	Cash flow hedging activity
	Interest rate swaps		Interest expense		$	(15	)		$	32
	Interest rate swaps		Interest expense		$	(15	)		$	32
			Tax benefit		8				(12		)
			Tax benefit		8				(12		)
			Net of tax		$	(7	)		$	20
			Net of tax		$	(7	)		$	20

	Pension and other postretirement effects
	Amortization of actuarial losses(2)				$	(3,516	)		$	(5,108	)
	Prior service costs(2)				(169		)		—
	Prior service costs(2)				(169		)		—
			Tax benefit		1,117				1,657
			Tax benefit		1,117				1,657
			Net of tax		$	(2,568	)		$	(3,451	)
	_______________________________________
	(1) Amounts in parentheses indicate decreases to income. None of the reclass amounts have a noncontrolling interest component.
	(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 11 for additional details.

Basis_of_Presentation_and_Acco2

Basis of Presentation and Accounting Policies (Details)	1 Months Ended				3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	23-May-13	Sep. 30, 2014	Dec. 31, 2013	22-May-13	Sep. 30, 2014	Mar. 31, 2013	Sep. 30, 2014	Feb. 13, 2013	Feb. 13, 2013	Sep. 30, 2014	Sep. 30, 2014
					Venezuela [Member]	Venezuela [Member]	Venezuela [Member]	Prior rate [Member]	Current Rate [Member]	SICAD I Exchange rate [Member]	Official Exchange rate [Member]
						USD ($)	USD ($)	Venezuela [Member]	Venezuela [Member]	Venezuela [Member]	Venezuela [Member]
								VEF	VEF	VEF	VEF
Common shares, shares authorized	305,000,000	305,000,000	305,000,000	120,000,000	'	'	'	'	'	'	'
Stock split, conversion ratio	3	'	'	'	'	'	'	'	'	'	'
Common stock dividend, percentage	200.00%	'	'	'	'	'	'	'	'	'	'
Foreign currency exchange rate, translation	'	'	'	'	'	'	'	4.3	6.3	12	6.3
Segment sales percentage of consolidated sales, less than	'	'	'	'	1.00%	'	1.00%	'	'	'	'
Segment assets percentage of consolidated assets, less than	'	'	'	'	1.00%	'	1.00%	'	'	'	'
Foreign currency translation loss	'	'	'	'	'	$4	'	'	'	'	'
SICAD I Foreign Currency Transaction Gain Loss Before Tax	'	'	'	'	'	'	7	'	'	'	'
SICAD II Foreign Currency Transaction Gain Loss Before Tax	'	'	'	'	'	'	$13	'	'	'	'

Disposition_Acquisition_and_Ex1

Disposition, Acquisition and Exit of Joint Venture (Details) (USD $)	9 Months Ended		3 Months Ended			12 Months Ended		3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Mar. 28, 2013	Dec. 31, 2013	Dec. 10, 2013	Dec. 31, 2013	Dec. 31, 2013	Mar. 31, 2014
			Audco	Innovative Mag-Drive, LLC (Innomag)	Innovative Mag-Drive, LLC (Innomag)	Minimum	Maximum	Naval OY
						Innovative Mag-Drive, LLC (Innomag)	Innovative Mag-Drive, LLC (Innomag)
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'	'	'
Proceeds from sale of business, net of cash divested	$46,805,000	$0	'	'	'	'	'	$46,800,000
Gain (Loss) on Disposition of Business	13,403,000	0	'	'	'	'	'	13,400,000
Disposal Group, Including Discontinued Operation, Revenue	'	'	'	'	'	'	'	8,200,000
Percentage acquired	'	'	100.00%	'	100.00%	'	'	'
Business Combination, Consideration Transferred	'	'	'	78,700,000	'	'	'	'
Costs to acquire business during the period	'	'	'	67,500,000	'	'	'	'
Business Combination, Consideration Transferred, Contingent on Performance	'	'	'	'	11,200,000	'	'	'
Business Combinations, Performance Metrics, Period	'	'	'	'	'	'2 years	'5 years	'
Business Combination, Contingent Consideration, Liability	'	'	'	'	7,500,000	'	'	'
Payments for acquisition, net of cash acquired	0	10,143,000	10,100,000	'	'	'	'	'
Percentage ownership sold	'	'	50.00%	'	'	'	'	'
Proceeds from sale of equity method investment	'	'	46,200,000	'	'	'	'	'
Assets	'	'	25,000,000	'	'	'	'	'
Remeasurement gain	'	'	15,300,000	'	'	'	'	'
Gain on sale of equity method investment affiliate	'	'	$13,000,000	'	'	'	'	'
Ownership percentage	'	'	50.00%	'	'	'	'	'

StockBased_Compensation_Plans_1

Stock-Based Compensation Plans (Details) (USD $)	9 Months Ended			3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2010	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
	Sep. 30, 2014	Plan 2010 [Member]	Plan 2010 [Member]	Restricted Stock [Member]	Restricted Stock [Member]	Restricted Stock [Member]	Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value (less than $0.1 million during the three months ended September 30, 2014)	'	'	'	$0.10	$0.10	$34.50	$34.90
Number of shares authorized to issue under share based compensation plans	'	'	8,700,000	'	'	'	'
Common stock available under stock option plan	'	5,072,904	'	'	'	'	'
Options granted during period	0	'	'	'	'	'	'

StockBased_Compensation_Plans_2

Stock-Based Compensation Plans (Information Regarding Restricted Shares) (Details) (USD $)	3 Months Ended		9 Months Ended			9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Jun. 22, 2014
	Restricted Stock [Member]	Restricted Stock [Member]	Restricted Stock [Member]	Restricted Stock [Member]	Restricted Stock [Member]	Performance Shares [Member]	Minimum	Maximum	Plan 2004 [Member]
							Performance Shares [Member]	Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Expired	'	'	'	'	'	'	'	'	827,835
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$36.50	'	$36.50	'	$31.50	'	'	'	'
Allocated Share-based Compensation Expense	8.4	8.1	26.7	24.4	'	'	'	'	'
Allocated Share-based Compensation Expense, Net of Tax	5.5	5.3	17.6	16.1	'	'	'	'	'
Period for achieving performance targets on performance based units (years)	'	'	'	'	'	'3 years	'	'	'
Vesting percentage	'	'	'	'	'	'	0.00%	200.00%	'
Vesting period	'	'	'	'	'	'36 months	'	'	'
Number of unvested shares:	'	'	'	'	'	'	'	'	'
Outstanding, Shares, Beginning balance	'	'	2,020,678	'	'	'	'	'	'
Granted, Shares	'	'	493,309	'	'	'	'	'	'
Vested, Shares	'	'	-778,843	'	'	'	'	'	'
Cancelled, Shares	'	'	-94,495	'	'	'	'	'	'
Outstanding, Shares, Ending balance	1,640,649	'	1,640,649	'	'	818,000	'	'	'
Outstanding, Weighted Average Grant-Date Fair Value, Beginning balance	'	'	$44.68	'	'	'	'	'	'
Granted, Weighted Average Grant-Date Fair Value	'	'	$72.31	'	'	'	'	'	'
Vested, Weighted Average Grant-Date Fair Value	'	'	$44.24	'	'	'	'	'	'
Cancelled, Weighted Average Grant-Date Fair Value	'	'	$51.13	'	'	'	'	'	'
Outstanding, Weighted Average Grant-Date Fair Value, Ending balance	$52.82	'	$52.82	'	'	'	'	'	'
Minimum range of vesting provisions	'	'	'	'	'	0	'	'	'
Maximum range of vesting provisions	'	'	'	'	'	1,593,000	'	'	'
Estimated vesting of shares based on performance shares	'	'	'	'	'	1,007,000	'	'	'
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	'	'	'1 year	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value (less than $0.1 million during the three months ended September 30, 2014)	$0.10	$0.10	$34.50	$34.90	'	'	'	'	'

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedges (Details Textual) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Dec. 31, 2013
		Forward Exchange Contract [Member]	Interest Rate Swap [Member]	Interest Rate Swap [Member]	Designated as Hedging Instrument [Member]	Designated as Hedging Instrument [Member]	Not Designated as Hedging Instrument [Member]	Not Designated as Hedging Instrument [Member]
					Forward Exchange Contract [Member]	Forward Exchange Contract [Member]	Forward Exchange Contract [Member]	Forward Exchange Contract [Member]
Derivative [Line Items]	'	'	'	'	'	'	'	'
Derivative, notional amount	'	'	$40	$140	$66.40	$6.20	$726.80	$610.70
Lower maturity range	'	'1 day	'	'	'	'	'	'
Higher maturity range	'	'18 months	'	'	'	'	'	'
Maximum remaining length of interest rate swap contract	'9 months	'	'	'	'	'	'	'

Derivative_Instruments_and_Hed3

Derivative Instruments and Hedges (Fair Value Balance Sheet Disclosures) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Contract [Member]	'	'
Derivative [Line Items]	'	'
Current derivative assets	$17,960	$5,215
Noncurrent derivative assets	0	729
Current derivative liabilities	6,410	2,207
Noncurrent derivative liabilities	189	113
Designated as Hedging Instrument [Member] \| Interest Rate Swaps and Foreign Exchange Contracts [Member]	'	'
Derivative [Line Items]	'	'
Current derivative assets	0	146
Noncurrent derivative assets	0	0
Current derivative liabilities	4,159	409
Noncurrent derivative liabilities	$96	$37

Derivative_Instruments_and_Hed4

Derivative Instruments and Hedges (Fair Value of Forward Exchange Contracts) (Details) (Not Designated as Hedging Instrument [Member], Forward Contracts [Member], USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Not Designated as Hedging Instrument [Member] \| Forward Contracts [Member]	'	'	'	'
Derivative [Line Items]	'	'	'	'
Gain (loss) recognized in income	$1,615	$3,817	$1,738	($3,714)

Debt_Schedule_of_Debt_Details

Debt (Schedule of Debt) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Debt including capital lease obligations	'	'
Capital lease obligations and other borrowings	$29,640	$33,393
Debt and capital lease obligations	1,166,758	1,200,297
Less amounts due within one year	54,122	72,678
Total debt due after one year	1,112,636	1,127,619
2023 Senior notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term Debt	298,702	298,615
Debt including capital lease obligations	'	'
Stated interest rate (as a percent)	4.00%	4.00%
2022 Senior notes [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term Debt	498,416	498,289
Debt including capital lease obligations	'	'
Stated interest rate (as a percent)	3.50%	3.50%
Term Loan Facility [Member]	'	'
Debt including capital lease obligations	'	'
Term Loan Facility	$340,000	$370,000
Effective interest rate (as a percent)	1.48%	1.50%

Debt_Senior_Notes_Details

Debt (Senior Notes) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
2023 Senior notes [Member]	'
Debt Instrument [Line Items]	'
Debt instrument, issuance date	1-Nov-13
Debt instrument, face amount	$300
Debt instrument, maturity date	15-Nov-23
2022 Senior notes [Member]	'
Debt Instrument [Line Items]	'
Debt instrument, issuance date	11-Sep-12
Debt instrument, face amount	$500
Debt instrument, maturity date	15-Sep-22

Debt_Senior_Credit_Facility_De

Debt (Senior Credit Facility) (Details) (USD $)	9 Months Ended				9 Months Ended			9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014
			Interest Rate Swap [Member]	Interest Rate Swap [Member]	Term Loan Facility [Member]	Revolving Credit Facility [Member]	Revolving Credit Facility [Member]	Senior Notes [Member]	Senior Credit Facility [Member]	Senior Credit Facility [Member]	Senior Credit Facility [Member]
											Scheduled Repayment, Next Four Quarters [Member]
Line of Credit Facility [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Debt instrument, face amount	'	'	'	'	$400,000,000	'	'	'	'	'	'
Debt instrument, maturity date	'	'	'	'	'	'	'	'	4-Oct-18	'	'
Revolving Credit Facility	'	'	'	'	'	0	0	'	'	'	'
Letters of credit outstanding	'	'	'	'	'	'	'	'	74,800,000	106,100,000	'
Line of Credit Facility, Maximum Borrowing Capacity	'	'	'	'	'	1,000,000,000	'	'	'	'	'
Line of Credit Facility, Current Borrowing Capacity	'	'	'	'	'	925,200,000	893,900,000	'	'	'	'
Domestic subsidiaries unconditional guarantee	'	'	'	'	'	'	'	100.00%	'	'	'
Line of credit, commitment fee (as a percentage)	'	'	'	'	'	'	'	'	0.18%	'	'
Payments on long-term debt	30,000,000	15,000,000	'	'	30,000,000	'	'	'	'	'	'
Credit facilities, scheduled repayments due	'	'	'	'	'	'	'	'	'	'	10,000,000
Derivative, notional amount	'	'	$40,000,000	$140,000,000	'	'	'	'	'	'	'

Debt_European_Letter_of_Credit

Debt (European Letter of Credit Facility) (Details) (European Letter of Credit Facilities [Member])	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2013
	USD ($)	EUR (€)	USD ($)	EUR (€)
Line of Credit Facility [Line Items]	'	'	'	'
Line of Credit Facility, Expiration Period	'364 days	'364 days	'	'
Line of Credit Facility, Current Borrowing Capacity	'	€ 125	'	'
Letters of credit outstanding	$9.50	€ 7.50	$95.40	€ 69.60

Supplemental_Guarantor_Financi2

Supplemental Guarantor Financial Information (Details Textual) (Senior Notes [Member])	9 Months Ended
	Sep. 30, 2014
Senior Notes [Member]	'
Guarantor Obligations [Line Items]	'
Domestic subsidiaries unconditional guarantee	100.00%

Supplemental_Guarantor_Financi3

Supplemental Guarantor Financial Information (Income Statement) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Sales	$1,204,012	$1,229,057	$3,496,526	$3,565,179
Cost of sales	-782,522	-806,318	-2,267,609	-2,347,555
Gross profit	421,490	422,739	1,228,917	1,217,624
Selling, general and administrative expense	-230,872	-231,569	-685,277	-706,278
Net earnings from affiliates (Note 2)	1,825	2,218	7,442	36,043
Net earnings from consolidated subsidiaries, net of tax	0	0	0	0
Operating income	192,443	193,388	551,082	547,389
Interest expense, net	-14,730	-12,721	-44,068	-37,385
Other expense, net	5,612	1,733	-1,129	-8,679
Earnings before income taxes	183,325	182,400	505,885	501,325
Provision for income taxes	-52,725	-55,870	-141,533	-154,998
Net earnings, including noncontrolling interests	130,600	126,530	364,352	346,327
Less: Net earnings attributable to noncontrolling interests	-2,038	-259	-4,544	-1,878
Net earnings attributable to Flowserve Corporation	128,562	126,271	359,808	344,449
Comprehensive income attributable to Flowserve Corporation	32,952	164,861	279,101	325,981
Parent (Issuer) [Member]	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Sales	0	0	0	0
Cost of sales	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expense	-455	-457	-1,351	-2,520
Net earnings from affiliates (Note 2)	0	0	0	0
Net earnings from consolidated subsidiaries, net of tax	135,270	131,425	379,764	360,756
Operating income	134,815	130,968	378,413	358,236
Interest expense, net	-8,887	-7,253	-26,945	-20,987
Other expense, net	22	0	24	0
Earnings before income taxes	125,950	123,715	351,492	337,249
Provision for income taxes	2,612	2,556	8,316	7,200
Net earnings, including noncontrolling interests	128,562	126,271	359,808	344,449
Less: Net earnings attributable to noncontrolling interests	0	0	0	0
Net earnings attributable to Flowserve Corporation	128,562	126,271	359,808	344,449
Comprehensive income attributable to Flowserve Corporation	32,952	164,861	279,101	325,981
Guarantor Subsidiaries [Member]	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Sales	477,166	483,039	1,394,633	1,423,260
Cost of sales	-312,258	-311,255	-900,114	-921,473
Gross profit	164,908	171,784	494,519	501,787
Selling, general and administrative expense	-114,640	-114,511	-285,189	-277,228
Net earnings from affiliates (Note 2)	267	565	630	966
Net earnings from consolidated subsidiaries, net of tax	100,336	93,959	245,540	219,391
Operating income	150,871	151,797	455,500	444,916
Interest expense, net	-2,736	-3,026	-8,183	-8,785
Other expense, net	-1,134	-1,822	-6,111	-5,203
Earnings before income taxes	147,001	146,949	441,206	430,928
Provision for income taxes	-11,731	-15,524	-61,442	-70,172
Net earnings, including noncontrolling interests	135,270	131,425	379,764	360,756
Less: Net earnings attributable to noncontrolling interests	0	0	0	0
Net earnings attributable to Flowserve Corporation	135,270	131,425	379,764	360,756
Comprehensive income attributable to Flowserve Corporation	39,625	169,865	164,588	341,344
Non-Guarantor Subsidiaries [Member]	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Sales	823,193	842,426	2,357,079	2,415,936
Cost of sales	-566,611	-591,471	-1,622,681	-1,700,099
Gross profit	256,582	250,955	734,398	715,837
Selling, general and administrative expense	-115,777	-116,601	-398,737	-426,530
Net earnings from affiliates (Note 2)	1,558	1,653	6,812	35,077
Net earnings from consolidated subsidiaries, net of tax	0	0	0	0
Operating income	142,363	136,007	342,473	324,384
Interest expense, net	-3,107	-2,442	-8,940	-7,613
Other expense, net	6,724	3,555	4,958	-3,476
Earnings before income taxes	145,980	137,120	338,491	313,295
Provision for income taxes	-43,606	-42,902	-88,407	-92,026
Net earnings, including noncontrolling interests	102,374	94,218	250,084	221,269
Less: Net earnings attributable to noncontrolling interests	-2,038	-259	-4,544	-1,878
Net earnings attributable to Flowserve Corporation	100,336	93,959	245,540	219,391
Comprehensive income attributable to Flowserve Corporation	23,573	129,539	182,396	196,768
Eliminations [Member]	'	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'	'
Sales	-96,347	-96,408	-255,186	-274,017
Cost of sales	96,347	96,408	255,186	274,017
Gross profit	0	0	0	0
Selling, general and administrative expense	0	0	0	0
Net earnings from affiliates (Note 2)	0	0	0	0
Net earnings from consolidated subsidiaries, net of tax	-235,606	-225,384	-625,304	-580,147
Operating income	-235,606	-225,384	-625,304	-580,147
Interest expense, net	0	0	0	0
Other expense, net	0	0	0	0
Earnings before income taxes	-235,606	-225,384	-625,304	-580,147
Provision for income taxes	0	0	0	0
Net earnings, including noncontrolling interests	-235,606	-225,384	-625,304	-580,147
Less: Net earnings attributable to noncontrolling interests	0	0	0	0
Net earnings attributable to Flowserve Corporation	-235,606	-225,384	-625,304	-580,147
Comprehensive income attributable to Flowserve Corporation	($63,198)	($299,404)	($346,984)	($538,112)

Supplemental_Guarantor_Financi4

Supplemental Guarantor Financial Information (Balance Sheet) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Current assets:	'	'	'	'
Cash and cash equivalents	$162,869	$363,804	$113,751	$304,252
Accounts receivable, net	1,131,075	1,155,327	'	'
Intercompany receivables	0	0	'	'
Inventories, net	1,118,283	1,060,670	'	'
Other current assets, net	260,983	267,581	'	'
Total current assets	2,673,210	2,847,382	'	'
Property, plant and equipment, net	678,307	716,289	'	'
Goodwill	1,079,327	1,107,551	'	'
Intercompany receivables	0	0	'	'
Investment in consolidated subsidiaries	0	0	'	'
Other noncurrent assets net (including deferred taxes, other intangibles, and other assets)	362,930	365,511	'	'
Total assets	4,793,774	5,036,733	'	'
Current liabilities:	'	'	'	'
Accounts payable	490,514	612,092	'	'
Intercompany payables	0	0	'	'
Accrued liabilities	758,799	861,010	'	'
Debt due within one year	54,122	72,678	'	'
Deferred taxes	11,170	12,319	'	'
Total current liabilities	1,314,605	1,558,099	'	'
Long-term debt due after one year	1,112,636	1,127,619	'	'
Intercompany payables	0	0	'	'
Retirement obligations and other liabilities	442,834	473,894	'	'
Total liabilities	2,870,075	3,159,612	'	'
Total Flowserve Corporation shareholdersâ€™ equity	1,914,914	1,870,379	'	'
Noncontrolling interests	8,785	6,742	'	'
Total equity	1,923,699	1,877,121	'	'
Total liabilities and equity	4,793,774	5,036,733	'	'
Parent (Issuer) [Member]	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	509	29,086	1,386	2,609
Accounts receivable, net	0	0	'	'
Intercompany receivables	6,270	0	'	'
Inventories, net	0	0	'	'
Other current assets, net	641	1,879	'	'
Total current assets	7,420	30,965	'	'
Property, plant and equipment, net	0	0	'	'
Goodwill	0	0	'	'
Intercompany receivables	432,500	432,500	'	'
Investment in consolidated subsidiaries	2,617,150	2,579,701	'	'
Other noncurrent assets net (including deferred taxes, other intangibles, and other assets)	13,159	15,486	'	'
Total assets	3,070,229	3,058,652	'	'
Current liabilities:	'	'	'	'
Accounts payable	0	0	'	'
Intercompany payables	115	81	'	'
Accrued liabilities	10,358	12,874	'	'
Debt due within one year	40,000	40,000	'	'
Deferred taxes	0	0	'	'
Total current liabilities	50,473	52,955	'	'
Long-term debt due after one year	1,097,118	1,126,904	'	'
Intercompany payables	1,144	1,144	'	'
Retirement obligations and other liabilities	6,580	7,270	'	'
Total liabilities	1,155,315	1,188,273	'	'
Total Flowserve Corporation shareholdersâ€™ equity	1,914,914	1,870,379	'	'
Noncontrolling interests	0	0	'	'
Total equity	1,914,914	1,870,379	'	'
Total liabilities and equity	3,070,229	3,058,652	'	'
Guarantor Subsidiaries [Member]	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	266,947	263,594	'	'
Intercompany receivables	132,139	155,422	'	'
Inventories, net	381,908	371,172	'	'
Other current assets, net	151,942	144,551	'	'
Total current assets	932,936	934,739	'	'
Property, plant and equipment, net	228,451	220,072	'	'
Goodwill	709,240	715,722	'	'
Intercompany receivables	271,945	9,520	'	'
Investment in consolidated subsidiaries	1,584,885	1,850,998	'	'
Other noncurrent assets net (including deferred taxes, other intangibles, and other assets)	202,854	211,755	'	'
Total assets	3,930,311	3,942,806	'	'
Current liabilities:	'	'	'	'
Accounts payable	127,460	163,254	'	'
Intercompany payables	229,370	74,008	'	'
Accrued liabilities	251,017	293,012	'	'
Debt due within one year	0	5	'	'
Deferred taxes	0	0	'	'
Total current liabilities	607,847	530,279	'	'
Long-term debt due after one year	0	0	'	'
Intercompany payables	495,470	618,145	'	'
Retirement obligations and other liabilities	209,844	214,681	'	'
Total liabilities	1,313,161	1,363,105	'	'
Total Flowserve Corporation shareholdersâ€™ equity	2,617,150	2,579,701	'	'
Noncontrolling interests	0	0	'	'
Total equity	2,617,150	2,579,701	'	'
Total liabilities and equity	3,930,311	3,942,806	'	'
Non-Guarantor Subsidiaries [Member]	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	162,360	334,718	112,365	301,643
Accounts receivable, net	864,128	891,733	'	'
Intercompany receivables	223,215	74,089	'	'
Inventories, net	736,375	689,498	'	'
Other current assets, net	108,400	121,151	'	'
Total current assets	2,094,478	2,111,189	'	'
Property, plant and equipment, net	449,856	496,217	'	'
Goodwill	370,087	391,829	'	'
Intercompany receivables	64,114	186,789	'	'
Investment in consolidated subsidiaries	0	0	'	'
Other noncurrent assets net (including deferred taxes, other intangibles, and other assets)	146,917	138,270	'	'
Total assets	3,125,452	3,324,294	'	'
Current liabilities:	'	'	'	'
Accounts payable	363,054	448,838	'	'
Intercompany payables	132,139	155,422	'	'
Accrued liabilities	497,424	555,124	'	'
Debt due within one year	14,122	32,673	'	'
Deferred taxes	11,170	12,319	'	'
Total current liabilities	1,017,909	1,204,376	'	'
Long-term debt due after one year	15,518	715	'	'
Intercompany payables	271,945	9,520	'	'
Retirement obligations and other liabilities	226,410	251,943	'	'
Total liabilities	1,531,782	1,466,554	'	'
Total Flowserve Corporation shareholdersâ€™ equity	1,584,885	1,850,998	'	'
Noncontrolling interests	8,785	6,742	'	'
Total equity	1,593,670	1,857,740	'	'
Total liabilities and equity	3,125,452	3,324,294	'	'
Eliminations [Member]	'	'	'	'
Current assets:	'	'	'	'
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0	'	'
Intercompany receivables	-361,624	-229,511	'	'
Inventories, net	0	0	'	'
Other current assets, net	0	0	'	'
Total current assets	-361,624	-229,511	'	'
Property, plant and equipment, net	0	0	'	'
Goodwill	0	0	'	'
Intercompany receivables	-768,559	-628,809	'	'
Investment in consolidated subsidiaries	-4,202,035	-4,430,699	'	'
Other noncurrent assets net (including deferred taxes, other intangibles, and other assets)	0	0	'	'
Total assets	-5,332,218	-5,289,019	'	'
Current liabilities:	'	'	'	'
Accounts payable	0	0	'	'
Intercompany payables	-361,624	-229,511	'	'
Accrued liabilities	0	0	'	'
Debt due within one year	0	0	'	'
Deferred taxes	0	0	'	'
Total current liabilities	-361,624	-229,511	'	'
Long-term debt due after one year	0	0	'	'
Intercompany payables	-768,559	-628,809	'	'
Retirement obligations and other liabilities	0	0	'	'
Total liabilities	-1,130,183	-858,320	'	'
Total Flowserve Corporation shareholdersâ€™ equity	-4,202,035	-4,430,699	'	'
Noncontrolling interests	0	0	'	'
Total equity	-4,202,035	-4,430,699	'	'
Total liabilities and equity	($5,332,218)	($5,289,019)	'	'

Supplemental_Guarantor_Financi5

Supplemental Guarantor Financial Information (Cash Flow) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Condensed Financial Statements, Captions [Line Items]	'	'
Net cash flows provided by operating activities	$126,201	$108,888
Capital expenditures	-83,602	-94,702
Payments for acquisition, net of cash acquired	0	-10,143
Proceeds from sale of business, net of cash divested	46,805	0
Intercompany short-term financing, net	0	'
Intercompany loan proceeds	0	0
Intercompany loan payments	0	0
Proceeds from disposal of assets	1,613	969
Proceeds from equity investments in affiliates	0	46,240
Net cash flows used by investing activities	-35,184	-57,636
Excess tax benefits from stock-based compensation arrangements	8,490	10,104
Payments on long-term debt	-30,000	-15,000
Proceeds under other financing arrangements	14,388	9,844
Payments under other financing arrangements	-16,377	-10,415
Short-term financing, net	0	196,000
Repurchases of common shares	-188,324	-370,127
Payments of dividends	-63,287	-57,337
Intercompany short-term financing, net	0	'
Intercompany loan proceeds	0	0
Intercompany loan payments	0	0
Intercompany dividends	0	0
Other	-2,499	-78
Net cash flows used by financing activities	-277,609	-237,009
Effect of exchange rate changes on cash	-14,343	-4,744
Net change in cash and cash equivalents	-200,935	-190,501
Cash and cash equivalents at beginning of period	363,804	304,252
Cash and cash equivalents at end of period	162,869	113,751
Parent (Issuer) [Member]	'	'
Condensed Financial Statements, Captions [Line Items]	'	'
Net cash flows provided by operating activities	253,034	245,150
Capital expenditures	0	0
Payments for acquisition, net of cash acquired	'	0
Proceeds from sale of business, net of cash divested	0	'
Intercompany short-term financing, net	0	'
Intercompany loan proceeds	0	0
Intercompany loan payments	0	0
Proceeds from disposal of assets	0	0
Proceeds from equity investments in affiliates	'	0
Net cash flows used by investing activities	0	0
Excess tax benefits from stock-based compensation arrangements	0	0
Payments on long-term debt	-30,000	-15,000
Proceeds under other financing arrangements	0	0
Payments under other financing arrangements	0	0
Short-term financing, net	'	196,000
Repurchases of common shares	-188,324	-370,127
Payments of dividends	-63,287	-57,337
Intercompany short-term financing, net	0	'
Intercompany loan proceeds	0	0
Intercompany loan payments	0	0
Intercompany dividends	0	0
Other	0	91
Net cash flows used by financing activities	-281,611	-246,373
Effect of exchange rate changes on cash	0	0
Net change in cash and cash equivalents	-28,577	-1,223
Cash and cash equivalents at beginning of period	29,086	2,609
Cash and cash equivalents at end of period	509	1,386
Guarantor Subsidiaries [Member]	'	'
Condensed Financial Statements, Captions [Line Items]	'	'
Net cash flows provided by operating activities	276,330	138,849
Capital expenditures	-33,917	-27,827
Payments for acquisition, net of cash acquired	'	0
Proceeds from sale of business, net of cash divested	0	'
Intercompany short-term financing, net	0	'
Intercompany loan proceeds	83	911
Intercompany loan payments	-1,864	-52
Proceeds from disposal of assets	146	93
Proceeds from equity investments in affiliates	'	0
Net cash flows used by investing activities	-35,552	-26,875
Excess tax benefits from stock-based compensation arrangements	6,486	8,265
Payments on long-term debt	0	0
Proceeds under other financing arrangements	0	0
Payments under other financing arrangements	-5	-15
Short-term financing, net	'	0
Repurchases of common shares	0	0
Payments of dividends	0	0
Intercompany short-term financing, net	156,072	'
Intercompany loan proceeds	0	173,511
Intercompany loan payments	-122,675	-56,333
Intercompany dividends	-280,656	-237,402
Other	0	0
Net cash flows used by financing activities	-240,778	-111,974
Effect of exchange rate changes on cash	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	0	0
Non-Guarantor Subsidiaries [Member]	'	'
Condensed Financial Statements, Captions [Line Items]	'	'
Net cash flows provided by operating activities	28,315	-26,091
Capital expenditures	-49,685	-66,875
Payments for acquisition, net of cash acquired	'	-10,143
Proceeds from sale of business, net of cash divested	46,805	'
Intercompany short-term financing, net	-156,072	'
Intercompany loan proceeds	122,675	56,333
Intercompany loan payments	0	-173,511
Proceeds from disposal of assets	1,467	876
Proceeds from equity investments in affiliates	'	46,240
Net cash flows used by investing activities	-34,810	-147,080
Excess tax benefits from stock-based compensation arrangements	2,004	1,839
Payments on long-term debt	0	0
Proceeds under other financing arrangements	14,388	9,844
Payments under other financing arrangements	-16,372	-10,400
Short-term financing, net	'	0
Repurchases of common shares	0	0
Payments of dividends	0	0
Intercompany short-term financing, net	0	'
Intercompany loan proceeds	1,864	52
Intercompany loan payments	-83	-911
Intercompany dividends	-150,822	-11,618
Other	-2,499	-169
Net cash flows used by financing activities	-151,520	-11,363
Effect of exchange rate changes on cash	-14,343	-4,744
Net change in cash and cash equivalents	-172,358	-189,278
Cash and cash equivalents at beginning of period	334,718	301,643
Cash and cash equivalents at end of period	162,360	112,365
Eliminations [Member]	'	'
Condensed Financial Statements, Captions [Line Items]	'	'
Net cash flows provided by operating activities	-431,478	-249,020
Capital expenditures	0	0
Payments for acquisition, net of cash acquired	'	0
Proceeds from sale of business, net of cash divested	0	'
Intercompany short-term financing, net	156,072	'
Intercompany loan proceeds	-122,758	-57,244
Intercompany loan payments	1,864	173,563
Proceeds from disposal of assets	0	0
Proceeds from equity investments in affiliates	'	0
Net cash flows used by investing activities	35,178	116,319
Excess tax benefits from stock-based compensation arrangements	0	0
Payments on long-term debt	0	0
Proceeds under other financing arrangements	0	0
Payments under other financing arrangements	0	0
Short-term financing, net	'	0
Repurchases of common shares	0	0
Payments of dividends	0	0
Intercompany short-term financing, net	-156,072	'
Intercompany loan proceeds	-1,864	-173,563
Intercompany loan payments	122,758	57,244
Intercompany dividends	431,478	249,020
Other	0	0
Net cash flows used by financing activities	396,300	132,701
Effect of exchange rate changes on cash	0	0
Net change in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$0	$0

Fair_Value_Details

Fair Value (Details) (USD $)	Sep. 30, 2014
In Millions, unless otherwise specified	Sep. 30, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'
Senior notes	$797.10
Estimate of Fair Value Measurement [Member]	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'
Senior notes	$805

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Net Components of Inventory	'	'
Raw materials	$375,624	$356,899
Work in process	856,938	786,664
Finished goods	295,997	306,765
Less: Progress billings	-327,991	-304,395
Less: Excess and obsolete reserve	-82,285	-85,263
Inventories, net	$1,118,283	$1,060,670

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Calculation of net earnings per common share and weighted average common share outstanding	'	'	'	'
Net earnings of Flowserve Corporation	$128,562	$126,271	$359,808	$344,449
Dividends on restricted shares not expected to vest	3	3	9	10
Earnings attributable to common and participating shareholders	$128,565	$126,274	$359,817	$344,459
Weighted average shares:	'	'	'	'
Common stock	136,100,000	139,689,000	136,612,000	141,641,000
Participating securities	567,000	676,000	584,000	708,000
Denominator for basic earnings per common share	136,667,000	140,365,000	137,196,000	142,349,000
Effect of potentially dilutive securities	862,000	720,000	936,000	850,000
Denominator for diluted earnings per common share	137,529,000	141,085,000	138,132,000	143,199,000
Earnings per common share:	'	'	'	'
Basic	$0.94	$0.90	$2.62	$2.42
Diluted	$0.93	$0.90	$2.60	$2.41
Options to purchase common stock excluded from computation of dilutive securities	0	0	0	0

Legal_Matters_and_Contingencie1

Legal Matters and Contingencies (Details)	9 Months Ended
	Sep. 30, 2014
	site
Legal Matters and Contingencies	'
Number of former public waste disposal sites	5
Oil-for-Food Program [Member]	'
Legal Matters and Contingencies	'
Number of French companies for investigation	170
Number of our French companies for investigation	1
Number of participants in U.N Oil-for-Food Program	93
Number of foreign subsidiaries	2

Retirement_and_Postretirement_2

Retirement and Postretirement Benefits (Details) (USD $)	3 Months Ended		9 Months Ended
Retirement and Postretirement Benefits (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
U.S Defined Benefit Plans [Member]	'	'	'	'
Components of the net periodic cost for retirement and postretirement benefits	'	'	'	'
Service cost	$5,700,000	$5,400,000	$17,200,000	$17,600,000
Interest cost	4,400,000	3,700,000	13,100,000	11,300,000
Expected return on plan assets	-5,500,000	-4,800,000	-16,500,000	-15,000,000
Amortization of prior service cost	200,000	0	400,000	0
Amortization of unrecognized net loss (gain)	2,100,000	3,800,000	6,300,000	10,700,000
Net periodic cost (benefit) recognized	6,900,000	8,100,000	20,500,000	24,600,000
Non-U.S Defined Benefit Plans [Member]	'	'	'	'
Components of the net periodic cost for retirement and postretirement benefits	'	'	'	'
Service cost	1,700,000	1,700,000	5,200,000	5,100,000
Interest cost	3,700,000	3,300,000	11,100,000	10,100,000
Expected return on plan assets	-2,700,000	-2,400,000	-8,000,000	-7,100,000
Amortization of prior service cost	100,000	100,000	200,000	100,000
Amortization of unrecognized net loss (gain)	1,700,000	1,700,000	5,100,000	5,000,000
Net periodic cost (benefit) recognized	4,500,000	4,400,000	13,600,000	13,200,000
Postretirement Medical Benefits [Member]	'	'	'	'
Components of the net periodic cost for retirement and postretirement benefits	'	'	'	'
Service cost	0	0	0	0
Interest cost	300,000	300,000	900,000	800,000
Expected return on plan assets	0	0	0	0
Amortization of prior service cost	0	0	0	0
Amortization of unrecognized net loss (gain)	-300,000	-400,000	-900,000	-1,000,000
Net periodic cost (benefit) recognized	$0	($100,000)	$0	($200,000)

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Feb. 17, 2014	Feb. 19, 2013	Feb. 18, 2013	Feb. 18, 2013	31-May-12
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Feb. 17, 2014	Feb. 19, 2013	Share repurchase program 2013 [Member]	Share Repurchase Program 2012 [Member]	Share Repurchase Program 2012 [Member]
Equity, Class of Treasury Stock [Line Items]	'	'	'	'	'	'	'	'	'
Dividends on Common Stock, minimum	'	'	'	'	$0.14	$0.12	'	'	'
Dividends on Common Stock, maximum	'	'	'	'	$0.16	$0.14	'	'	'
Authorized amount to be repurchased	'	'	'	'	'	'	$750	'	$1,000
Repurchase of shares	475,177	1,115,276	2,485,481	6,876,380	'	'	'	'	'
Repurchases of shares, value	35.3	63.8	188.3	370.1	'	'	'	'	'
Remaining authorized repurchase capacity	$196	'	$196	'	'	'	'	$193	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
Income Taxes (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'	'	'	'
Income before income tax	$183,325,000	$182,400,000	$505,885,000	$501,325,000
Provision for income taxes	52,725,000	55,870,000	141,533,000	154,998,000
Effective tax rate	28.80%	30.60%	28.00%	30.90%
Change in unrecognized tax benefits for the period	'	'	1,800,000	'
Unrecognized tax benefits approximate amount of estimated reduction within the next twelve months	$9,200,000	'	$9,200,000	'

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Summarized financial information of the reportable segments	'	'	'	'
Sales	$1,204,012	$1,229,057	$3,496,526	$3,565,179
Segment operating income	192,443	193,388	551,082	547,389
Intersegment sales [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	0	0	0	0
Engineered Product Division [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	601,978	634,402	1,684,196	1,765,783
Segment operating income	112,131	114,004	295,225	296,794
Engineered Product Division [Member] \| Intersegment sales [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	18,886	16,949	51,084	50,209
Industrial Product Division [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	216,622	201,914	640,470	615,094
Segment operating income	28,528	25,234	83,403	77,070
Industrial Product Division [Member] \| Intersegment sales [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	14,824	20,510	40,857	57,514
Flow Control Division [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	385,412	392,741	1,171,860	1,184,302
Segment operating income	72,301	76,700	234,560	236,736
Flow Control Division [Member] \| Intersegment sales [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	1,545	1,617	4,421	5,257
Subtotal-Reportable Segments [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	1,204,012	1,229,057	3,496,526	3,565,179
Segment operating income	212,960	215,938	613,188	610,600
Subtotal-Reportable Segments [Member] \| Intersegment sales [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	35,255	39,076	96,362	112,980
Eliminations and All Other [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	0	0	0	0
Segment operating income	-20,517	-22,550	-62,106	-63,211
Eliminations and All Other [Member] \| Intersegment sales [Member]	'	'	'	'
Summarized financial information of the reportable segments	'	'	'	'
Sales	($35,255)	($39,076)	($96,362)	($112,980)

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Loss (Components of AOCI) (Details) (USD $)

3 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

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Dec. 31, 2012

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Noncontrolling Interest [Member]

Foreign currency translation items [Member]

Pension and other postretirement effects [Member]

Cash flow hedging activity [Member]

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Beginning balance

($205,217,000)

[1]

($280,078,000)

[1]

($220,295,000)

[2]

($223,094,000)

[2]

($79,220,000)

[1]

($128,169,000)

[1]

($89,953,000)

[2]

($89,953,000)

[2]

($61,083,000)

[2]

($125,286,000)

($152,130,000)

($129,528,000)

($161,757,000)

($711,000)

$221,000

($814,000)

($254,000)

Other comprehensive (loss) income before reclassifications

-98,289,000

[1]

34,929,000

[1]

-90,370,000

[2]

-30,048,000

[2]

-100,195,000

[1]

38,581,000

[1]

-91,239,000

[2]

-29,722,000

[2]

4,710,000

-3,824,000

3,816,000

-699,000

-2,804,000

172,000

-2,947,000

373,000

Amounts reclassified from AOCL

-2,575,000

[1]

-3,431,000

[1]

-9,734,000

[2],[3]

-11,424,000

[2],[3]

[1]

-1,777,000

[2],[3]

-1,217,000

[2],[3]

-2,568,000

-3,451,000

-7,704,000

[3]

-9,953,000

[3]

-7,000

20,000

-253,000

[3]

-254,000

[3]

Net current-period other comprehensive (loss) income

-95,714,000

[1]

38,360,000

[1]

-80,636,000

[2]

-18,624,000

[2]

-100,195,000

[1]

38,581,000

[1]

-89,462,000

[2]

-28,505,000

[2]

7,278,000

-373,000

11,520,000

9,254,000

-2,797,000

152,000

-2,694,000

627,000

Ending balance

-300,931,000

[1],[2]

-241,718,000

[1],[2]

-300,931,000

[1],[2]

-241,718,000

[1],[2]

-179,415,000

[1],[2]

-89,588,000

[1],[2]

-79,220,000

[1]

-179,415,000

[1],[2]

-89,588,000

[1],[2]

-118,008,000

-152,503,000

-118,008,000

-152,503,000

-3,508,000

373,000

-3,508,000

373,000

Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax

1,300,000

1,200,000

1,100,000

1,300,000

1,200,000

Interest Rate Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months, Net

-2,700,000

Amounts reclassified from accumulated other comprehensive loss, net of taxes

$5,500,000

[1]

Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.3 million at JulyÂ 1, 2014 and 2013, $1.3 million and $1.1 million at SeptemberÂ 30, 2014 and 2013, respectively.

[2]

Includes foreign currency translation adjustments attributable to noncontrolling interests of $1.2 million at January 1, 2014 and 2013, $1.3 million and $1.1 million at SeptemberÂ 30, 2014 and 2013, respectively.

[3]

Previously disclosed foreign currency translation items as $5.5 million in 2014. No incremental impact on our consolidated financial condition or results of operations.

Accumulated_Other_Comprehensiv3

Accumulated Other Comprehensive Loss (Reclassifications out of AOCI) (Details) (USD $)

3 Months Ended

9 Months Ended

6 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Foreign currency translation items [Member]

Cash flow hedging activity [Member]

Pension and other postretirement effects [Member]

Reclassification out of AOCI [Member]

Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]

Net earnings from affiliates

$1,825

$2,218

$7,442

$36,043

[1]

($1,217)

[1]

Divestiture Of Businesses OCIL Foreign Currency Transaction And Translation Adjustment Before Tax

-5,500

[1]

-1,777

[1],[2]

Interest (expense) benefit

-15,130

-13,046

-45,306

-38,262

-15

[1]

-406

[1]

-406

[1]

Amortization of actuarial losses

-3,516

[1],[3]

-5,108

[1],[3]

-10,547

[1],[3]

-14,709

[1],[3]

Prior service costs(2)

-169

[1],[3]

-508

[1],[3]

Tax (expense) or benefit

-52,725

-55,870

-141,533

-154,998

[1]

-12

[1]

153

[1]

152

[1]

1,117

[1]

1,657

[1]

3,351

[1]

4,756

[1]

Net earnings attributable to Flowserve Corporation

$128,562

$126,271

$359,808

$344,449

($1,777)

[1]

($1,217)

[1]

($7)

[1]

$20

[1]

($253)

[1]

($254)

[1]

($2,568)

[1]

($3,451)

[1]

($7,704)

[1]

($9,953)

[1]

Amounts in parentheses indicate decreases to income. None of the reclass amounts have a noncontrolling interest component.

[2]

Previously disclosed as $(5.5) million in 2014. No incremental impact on our consolidated financial condition or results of operations.

[3]

These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 11 for additional details.

Realignment_Program_Details

Realignment Program (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Restructuring and Related Activities [Abstract]	'	'
Restructuring and Related Cost, Expected Cost	$15.80	'
Restructuring and Related Cost, Incurred Cost	12.5	'
Restructuring Reserve	$2	$6.30