Carlisle Companies (CSL) 10-Q 21 Oct 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 17, 2014
Document and Entity Information	'	'
Entity Registrant Name	'CARLISLE COMPANIES INC	'
Entity Central Index Key	'0000790051	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	64,166,418
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Earnings and Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Condensed Consolidated Statements of Earnings and Comprehensive Income	'	'	'	'
Net sales	$904.10	$796.80	$2,414	$2,219
Costs and expenses:	'	'	'	'
Cost of goods sold	667	596.5	1,790.20	1,659.20
Selling and administrative expenses	94.4	87.1	282	265.5
Research and development expenses	8.6	7	25	21.7
Other (income) expense, net	0.1	-3.4	-2.5	-1.8
Earnings before interest and income taxes	134	109.6	319.3	274.4
Interest expense, net	7.7	8.5	23.8	25.4
Earnings before income taxes from continuing operations	126.3	101.1	295.5	249
Income tax expense (Note 6)	40	34.7	97.1	74
Income from continuing operations	86.3	66.4	198.4	175
Discontinued operations (Note 4)	'	'	'	'
Income (loss) before income taxes	-0.6	13.9	-1.7	-58.5
Income tax (benefit) expense	-1.6	3.7	-1.7	-23.5
Income (loss) from discontinued operations	1	10.2	'	-35
Net income	87.3	76.6	198.4	140
Basic earnings (loss) per share attributable to common shares	'	'	'	'
Income from continuing operations (in dollars per share)	$1.34	$1.04	$3.07	$2.74
Income (loss) from discontinued operations (in dollars per share)	$0.01	$0.16	'	($0.54)
Basic earnings per share (in dollars per share)	$1.35	$1.20	$3.07	$2.20
Diluted earnings (loss) per share attributable to common shares	'	'	'	'
Income from continuing operations (in dollars per share)	$1.31	$1.02	$3.01	$2.69
Income (loss) from discontinued operations (in dollars per share)	$0.01	$0.15	'	($0.53)
Diluted earnings per share (in dollars per share)	$1.32	$1.17	$3.01	$2.16
Average shares outstanding	'	'	'	'
Basic (in shares)	64,149	63,567	64,043	63,429
Diluted (in shares)	65,447	64,890	65,315	64,714
Dividends declared and paid	16.2	14.1	45	39.7
Dividends declared and paid per share (in dollars per share)	$0.25	$0.22	$0.69	$0.62
Comprehensive Income	'	'	'	'
Net income	87.3	76.6	198.4	140
Other comprehensive income (loss) (Note 17)	'	'	'	'
Change in foreign currency translation	-18.1	11.5	-16.4	1.1
Change in accrued post-retirement benefit liability, net of tax	0.7	0.9	1.3	3.3
Loss on hedging activities, net of tax	-0.1	-0.1	-0.3	-0.3
Other comprehensive income (loss)	-17.5	12.3	-15.4	4.1
Comprehensive income	$69.80	$88.90	$183	$144.10

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$805.10	$754.50
Receivables, net of allowance of $3.5 in 2014 and $3.3 in 2013	548.7	399.6
Inventories (Note 8)	334.3	298.8
Deferred income taxes	35.6	35.7
Prepaid expenses and other current assets	37.4	46.4
Total current assets	1,761.10	1,535
Property, plant and equipment, net of accumulated depreciation of $502.4 in 2014 and $468.0 in 2013 (Note 9)	537.6	497.2
Other assets:	'	'
Goodwill, net (Note 10)	854.8	858.7
Other intangible assets, net (Note 10)	545.3	579.8
Other long-term assets	19.6	22.3
Total other assets	1,419.70	1,460.80
TOTAL ASSETS	3,718.40	3,493
Current liabilities:	'	'
Accounts payable	242.8	187
Accrued expenses	176.8	172
Deferred revenue (Note 14)	17.7	17.4
Total current liabilities	437.3	376.4
Long-term liabilities:	'	'
Long-term debt (Note 12)	751.3	751
Deferred revenue (Note 14)	148	143.6
Other long-term liabilities (Note 16)	231.2	235.9
Total long-term liabilities	1,130.50	1,130.50
Shareholders' equity:	'	'
Preferred stock, $1 par value per share. Authorized and unissued 5,000,000 shares	'	'
Common stock, $1 par value per share. Authorized 100,000,000 shares; 78,661,248 shares issued; 64,163,328 outstanding in 2014 and 63,658,777 outstanding in 2013	78.7	78.7
Additional paid-in capital	222.6	201.1
Deferred Compensation - Equity	6.1	3
Cost of shares in treasury - 14,249,807 shares in 2014 and 14,761,481 shares in 2013	-207.6	-209.5
Accumulated other comprehensive loss	-46.9	-31.5
Retained earnings	2,097.70	1,944.30
Total shareholders' equity	2,150.60	1,986.10
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$3,718.40	$3,493

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, except Share data, unless otherwise specified
Condensed Consolidated Balance Sheets	'	'
Receivables, allowance (in dollars)	$3.50	$3.30
Property, plant and equipment, accumulated depreciation (in dollars)	$502.40	$468
Preferred stock, par value (in dollars per share)	$1	$1
Preferred stock, Authorized shares	5,000,000	5,000,000
Preferred stock, unissued shares	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$1	$1
Common stock, Authorized shares	100,000,000	100,000,000
Common stock, shares issued	78,661,248	78,661,248
Common stock, shares outstanding	64,163,328	63,658,777
Treasury, shares	14,249,807	14,761,481

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Operating activities	'	'
Net income	$198.40	$140
Reconciliation of net income to cash flows from operating activities:	'	'
Depreciation	47.4	59.1
Amortization	28.4	30.8
Non-cash compensation, net of tax benefit	10.3	10.2
(Gain) loss on sale of property and equipment, net	-1.9	0.4
Impairment of assets	'	100
Deferred taxes	-0.7	-39.6
Foreign exchange gain	-0.3	-0.2
Changes in assets and liabilities, excluding effects of acquisitions and divestiture	'	'
Receivables	-152.5	-90.4
Inventories	-38.1	56.2
Prepaid expenses and other assets	-2.4	0.8
Accounts payable	57.8	14.6
Accrued expenses and deferred revenues	16	33.8
Long-term liabilities	3.1	-0.9
Other operating activities	-0.8	0.7
Net cash provided by operating activities	164.7	315.5
Investing activities	'	'
Capital expenditures	-93.1	-77.7
Proceeds from sale of property and equipment	2.7	6.7
Proceeds from sale of business	9.7	'
Net cash used in investing activities	-80.7	-71
Financing activities	'	'
Net change in short-term borrowings and revolving credit lines	'	-0.2
Dividends	-45	-39.7
Proceeds from issuance of treasury shares and stock options, net	12.7	15.5
Net cash used in financing activities	-32.3	-24.4
Effect of exchange rate changes on cash and cash equivalents	-1.1	-0.2
Change in cash and cash equivalents	50.6	219.9
Cash and cash equivalents	'	'
Beginning of period	754.5	112.5
End of period	$805.10	$332.40

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2014
Basis of Presentation	'
Basis of Presentation	'
	Note 1—Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared by Carlisle Companies Incorporated (the “Company” or “Carlisle”) in accordance and consistent with the accounting policies stated in the Company’s Annual Report on Form 10-K and should be read in conjunction with the consolidated financial statements therein.  The unaudited condensed consolidated financial statements are prepared in conformity with accounting principles generally accepted in the United States and, of necessity, include some amounts that are based upon management estimates and judgments.  Future actual results could differ from such current estimates.  The unaudited condensed consolidated financial statements include assets, liabilities, revenues, and expenses of all majority-owned subsidiaries.  Carlisle accounts for other investments in minority-owned companies where it exercises significant influence, but does not have control, on the equity basis.  Intercompany transactions and balances are eliminated in consolidation.
	The Company has reclassified certain prior period amounts in the consolidated financial statements to be consistent with current period presentation.  See Note 4 regarding the divestiture of the Transportation Products business.

New_Accounting_Pronouncements

New Accounting Pronouncements	9 Months Ended
	Sep. 30, 2014
New Accounting Pronouncements	'
New Accounting Pronouncements	'
	Note 2—New Accounting Pronouncements
	New Accounting Standards Issued But Not Yet Adopted
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.  Under ASU 2014-08, only disposals representing a strategic shift in operations should be presented as discontinued operations.  Those strategic shifts should have a major effect on the organization’s operations and financial results.  Additionally, ASU 2014-08 requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations.  ASU 2014-08 is effective for fiscal and interim periods beginning on or after December 15, 2014.  The impact of the adoption of this ASU on the Company’s results of operation, financial position, cash flows and disclosures will be based on the Company’s future disposal activity.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers.  ASU 2014-09 outlines a single, comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance issued by the FASB, including industry specific guidance.  ASU 2014-09 provides accounting guidance for all revenue arising from contracts with customers and affects all entities that enter into contracts with customers to provide goods and services.  The guidance also provides a model for the measurement and recognition of gains and losses on the sale of certain nonfinancial assets, such as property and equipment, including real estate.
	ASU 2014-09 is effective for annual reporting periods, including interim reporting periods within those periods, beginning after December 15, 2016.  The new standard must be adopted using either a full retrospective approach for all periods presented in the period of adoption or a modified retrospective approach.  The modified retrospective approach requires that the new standard be applied to all new and existing contracts as of the date of adoption, with a cumulative catch-up adjustment recorded to the opening balance of retained earnings at the effective date for existing contracts that still require performance by the entity.  Under the modified retrospective approach, amounts reported prior to the date of adoption will be presented under existing guidance.
	ASU 2014-09 also requires entities to disclose both quantitative and qualitative information to enable users of the financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers.
	We have not yet determined the impact of adopting the standard on our financial statements nor have we determined whether we will utilize the full retrospective or the modified retrospective approach.
	In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern.  The new standard provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements.  Management will be required to perform interim and annual assessments of the Company’s ability to continue as a going concern within one year of the date the financial statements are issued.  ASU 2014-15 is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted.  The adoption of this standard is not expected to have an impact on the Company’s financial statement disclosures.

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2014
Segment Information	'
Segment Information	'
	Note 3—Segment Information
	The Company’s operations are reported in the following segments:
	Carlisle Construction Materials (“CCM” or the “Construction Materials segment”)—the principal products of this segment are insulation materials, rubber (EPDM), thermoplastic polyolefin (TPO), and polyvinyl chloride (PVC) roofing membranes used predominantly on non-residential low-sloped roofs, related roofing accessories, including flashings, fasteners, sealing tapes, and coatings and waterproofing products. The markets served include new construction, re-roofing and maintenance of low-sloped roofs, water containment, HVAC sealants, and coatings and waterproofing.
	Carlisle Interconnect Technologies (“CIT” or the “Interconnect Technologies segment”)—the principal products of this segment are high-performance wire, cable, connectors, contacts, and cable assemblies for the transfer of power and data primarily for the aerospace, defense electronics, medical, test and measurement equipment, and select industrial markets.
	Carlisle Brake & Friction (“CBF” or the “Brake & Friction segment”)—the principal products of this segment include high-performance brakes and friction material, and clutch and transmission friction material for the mining, construction, aerospace, agriculture, motor sports, and alternative energy markets.
	Carlisle FoodService Products (“CFSP” or the “FoodService Products segment”)—the principal products of this segment include commercial and institutional foodservice permanentware, table coverings, cookware, catering equipment, fiberglass and composite material trays and dishes, industrial brooms, brushes, mops, and rotary brushes for commercial and non-commercial foodservice operators and sanitary maintenance professionals.
	Corporate EBIT includes other unallocated costs, primarily general corporate expenses. Corporate assets consist primarily of cash and cash equivalents, deferred taxes, corporate aircraft, and other invested assets.
	Financial information for continuing operations by reportable segment is included in the following summary:
	Three Months Ended September 30,	2014					2013
	(in millions)	Net Sales(1)		EBIT			Net Sales(1)		EBIT
	Carlisle Construction Materials	$	589.1	$	97		$	505.7	$	83
	Carlisle Interconnect Technologies	164.4		33.9			147.8		24.8
	Carlisle Brake & Friction	89.3		6.1			85.2		5.2
	Carlisle FoodService Products	61.3		7.4			58.1		6.9
	Corporate	—		(10.4		)	—		(10.3		)
	Total	$	904.1	$	134		$	796.8	$	109.6
	Nine Months Ended September 30,	2014							2013
	(in millions)	Net Sales(1)		EBIT			Assets		Net Sales(1)			EBIT			Assets
	Carlisle Construction Materials	$	1,472.20	$	210		$	1,033.60	$	1,335.80		$	197		$	966.3
	Carlisle Interconnect Technologies	477.5		98.7			1,042.10		434.7			65.5			1,028.00
	Carlisle Brake & Friction	279.1		26.1			602.7		269.6			28.6			601.4
	Carlisle FoodService Products	185.2		22.9			204.2		178.9			19.3			187.2
	Corporate	—		(38.4		)	835.8		—			(36.0		)	367.3
	Total	$	2,414.00	$	319.3		$	3,718.40	$	2,219.00		$	274.4		$	3,150.20
	(1)     Excludes intersegment sales
	A reconciliation of assets reported above to the amounts presented on the Condensed Consolidated Balance Sheet is as follows:
		September 30,		September 30,
	(in millions)	2014		2013
	Assets per table above	$	3,718.40	$	3,150.20
	Assets held for sale	—		446.7
	Total Assets per Consolidated Balance Sheet	$	3,718.40	$	3,596.90

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2014
Discontinued Operations	'
Discontinued Operations	'
	Note 4—Discontinued Operations
	On December 31, 2013, the Company sold its Transportation Products business, subject to the working capital adjustment component of the sale agreement.  The working capital adjustment was finalized during 2014 for $9.7 million and resulted in a $1.0 million after-tax loss.  The after-tax loss was reported in discontinued operations in the first quarter.
	After-tax loss from Discontinued Operations for the nine months ended September 30, 2013 of $35.0 million reflects the operations of the Transportation Products business which included a $100.0 million goodwill impairment charge recorded during the second quarter of 2013.  For the nine months ended September 30, 2013, the Transportation Products business had net sales of $602.9 million.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2014
Stock-Based Compensation	'
Stock-Based Compensation	'
	Note 5—Stock-Based Compensation
	Stock-based compensation cost is recognized over the requisite service period, which generally equals the stated vesting period, unless the stated vesting period exceeds the date upon which an employee reaches retirement eligibility.  Pre-tax stock-based compensation expense in continuing operations was $2.9 million and $2.6 million for the three month periods ended September 30, 2014 and 2013, respectively and $13.6 million and $13.1 million for the nine months ended September 30, 2014 and 2013 respectively.
	2008 Executive Incentive Program
	The Company maintains an Executive Incentive Program (the “Program”) for executives and certain other employees of the Company and its operating divisions and subsidiaries. The Program was approved by shareholders on April 20, 2004. The Program allows for awards to eligible employees of stock options, restricted stock, stock appreciation rights, performance shares and units or other awards based on Company common stock. At September 30, 2014, 2,645,966 shares were available for grant under this plan, of which 454,597 shares were available for the issuance of stock awards.
	2005 Nonemployee Director Equity Plan
	The Company also maintains the Nonemployee Director Equity Plan (the “Plan”) for members of its Board of Directors, with the same terms and conditions as the Program. At September 30, 2014, 256,833 shares were available for grant under this plan, of which 26,833 shares were available for the issuance of stock awards. Members of the Board of Directors that receive stock-based compensation are treated as employees for accounting purposes.
	Grants
	For the nine months ended September 30, 2014, the Company awarded 259,035 stock options, 104,773 restricted stock awards, 67,970 performance share awards and 10,377 restricted stock units with an aggregate grant-date fair value of approximately $20.3 million to be expensed over the requisite service period for each award.
	Stock Option Awards
	Options issued under these plans vest one-third on the first anniversary of grant, one-third on the second anniversary of grant and the remaining one-third on the third anniversary of grant. All options have a maximum term life of 10 years. Shares issued to cover options under the Program and the Plan may be issued from shares held in treasury, from new issuances of shares, or a combination of the two.
	Pre-tax share-based compensation expense related to stock options was $0.9 million and $1.1 million for the three month periods ended September 30, 2014 and 2013, respectively, and $3.1 million and $3.5 million for the nine months ended September 30, 2014 and 2013, respectively.
	The Company utilizes the Black-Scholes-Merton (“BSM”) option pricing model to determine the fair value of its stock option awards.  The BSM relies on certain assumptions to estimate an option’s fair value.  The weighted average assumptions used in the determination of fair value for stock option awards in 2014 and 2013 were as follows:
		2014			2013
	Expected dividend yield	1.2		%	1.2		%
	Expected life in years	5.74			5.71
	Expected volatility	29.3		%	32.2		%
	Risk-free interest rate	1.7		%	1		%
	Weighted average fair value	$	19.15		$	17.58
	The expected life of options is based on the assumption that all outstanding options will be exercised at the midpoint of the valuation date and the option expiration date. The expected volatility is based on historical volatility as well as implied volatility of the Company’s options. The risk free interest rate is based on rates of U.S. Treasury issues with a remaining life equal to the expected life of the option. The expected dividend yield is based on the projected annual dividend payment per share, divided by the stock price at the date of grant.
	Restricted Stock Awards
	Restricted stock awarded under the Program is generally released to the recipient after a period of three years.  The $73.08 grant date fair value of the 2014 restricted stock awards, which are released to the recipient after a period of three years, is based on the closing market price of the stock on the date of grant.
	Performance Share Awards
	The performance shares vest based on the employee rendering three years of service to the Company, and the attainment of a market condition over the performance period, which is based on the Company’s relative total shareholder return versus the S&P Midcap 400 Index® over a pre-determined time period as determined by the Compensation Committee of the Board of Directors.  The grant date fair value of the 2014 performance shares of $95.72 was estimated using a Monte-Carlo simulation approach based on a three-year measurement period.  Such approach entails the use of assumptions regarding the future performance of the Company’s stock and those of the S&P Midcap 400 Index®.  Those assumptions include expected volatility, risk-free interest rates, correlation coefficients and dividend reinvestment.  Dividends accrue on the performance shares during the performance period and are to be paid in cash based upon the number of awards ultimately earned. The Company expenses the compensation cost associated with the performance awards on a straight-line basis over the vesting period of three years.
	Restricted Stock Units
	The restricted stock units awarded to eligible directors are fully vested and will be paid in shares of Company common stock after the director ceases to serve as a member of the Board, or if earlier, upon a change in control of the Company.  The $73.08 grant date fair value of the 2014 restricted stock units is based on the closing market price of the stock on February 5, 2014, the date of the grant.
	Deferred Compensation - Equity
	Certain employees are eligible to participate in the Company’s Non-qualified Deferred Compensation Plan (the “Deferred Compensation Plan”).  Participants may elect to defer all or part of their stock-based compensation.  Participants have elected to defer 189,980 shares of Company common stock as of September 30, 2014 and 201,060 shares as of December 31, 2013.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Taxes	'
Income Taxes	'
	Note 6—Income Taxes
	The effective income tax rate on continuing operations for the three months and nine months ended September 30, 2014 were 31.7% and 32.9%, respectively.  The year to date provision for income taxes includes taxes on earnings at an anticipated rate of approximately 33% and year to date net discrete tax benefit of $0.6 million.
	The effective tax rate on continuing operations for the nine months ended September 30, 2013 was 29.7%.  This rate was favorably impacted by a tax election made in a foreign jurisdiction that resulted in the release of deferred tax liabilities with a corresponding tax benefit of approximately $11.8 million in the first nine months of 2013.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share	'
Earnings Per Share	'
	Note 7—Earnings Per Share
	The Company’s restricted shares and restricted stock units contain nonforfeitable rights to dividends and, therefore, are considered participating securities for purposes of computing earnings per share pursuant to the two-class method. The computation below of earnings per share excludes the income attributable to the restricted shares and restricted stock units from the numerator and excludes the dilutive impact of those underlying shares from the denominator.  Stock options are included in the calculation of diluted earnings per share utilizing the treasury stock method and performance share awards are included in the calculation of diluted earnings per share using the contingently issuable method.  Neither is considered to be a participating security as they do not contain non-forfeitable dividend rights.
	The following reflects the Income from continuing operations and share data used in the basic and diluted earnings per share computations using the two-class method:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions except share and per share amounts)	2014			2013			2014			2013
	Numerator:
	Income from continuing operations	$	86.3		$	66.4		$	198.4		$	175
	Less: dividends declared - common stock outstanding, restricted shares and restricted share units	(16.2		)	(14.1		)	(45.0		)	(39.7		)
	Undistributed earnings	70.1			52.3			153.4			135.3
	Percent allocated to common shareholders (1)	99.5		%	99.5		%	99.5		%	99.5		%
		69.7			52			152.6			134.6
	Add: dividends declared - common stock	16			14			44.2			39.5
	Numerator for basic and diluted EPS	$	85.7		$	66		$	196.8		$	174.1
	Denominator (in thousands):
	Denominator for basic EPS: weighted-average common shares outstanding	64,149			63,567			64,043			63,429
	Effect of dilutive securities:
	Performance awards	306			374			306			374
	Stock options	992			949			966			911
	Denominator for diluted EPS: adjusted weighted average common shares outstanding and assumed conversion	65,447			64,890			65,315			64,714
	Per share income from continuing operations:
	Basic	$	1.34		$	1.04		$	3.07		$	2.74
	Diluted	$	1.31		$	1.02		$	3.01		$	2.69
	(1) Basic weighted-average common shares outstanding	64,149		63,567		64,043		63,429
	Basic weighted-average common shares outstanding, unvested restricted shares expected to vest and restricted share units	64,492		63,892		64,386		63,755
	Percent allocated to common shareholders	99.5	%	99.5	%	99.5	%	99.5	%
	To calculate earnings per share for Income from discontinued operations and for Net income, the denominator for both basic and diluted earnings per share is the same as used in the above table.  Income from discontinued operations and Net income were as follows:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2014			2013			2014			2013
	Income (loss) from discontinued operations attributable to common shareholders for basic and diluted earnings per share	$	1		$	10.2		$	—		$	(35.0	)
	Net income attributable to common shareholders for basic and diluted earnings per share	$	86.7		$	76.2		$	196.8		$	139.3

Inventories

Inventories	9 Months Ended
	Sep. 30, 2014
Inventories	'
Inventories	'
	Note 8—Inventories
	The components of Inventories at September 30, 2014 and December 31, 2013 were as follows:
		September 30,			December 31,
	(in millions)	2014			2013
	Finished goods	$	180.3		$	163.7
	Work-in-process	47.2			40.2
	Raw materials	132.7			121.3
	Reserves	(25.9		)	(26.4		)
	Inventories	$	334.3		$	298.8

Property_Plant_and_Equipment

Property, Plant and Equipment	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment	'
Property, Plant and Equipment	'
	Note 9—Property, Plant and Equipment
	The components of Property, plant and equipment at September 30, 2014 and December 31, 2013 were as follows:
		September 30,			December 31,
	(in millions)	2014			2013
	Land	$	38.1		$	38.9
	Buildings and leasehold improvements	263.9			259.1
	Machinery and equipment	658.4			606.9
	Projects in progress	79.6			60.3
		1,040.00			965.2
	Accumulated depreciation	(502.4		)	(468.0		)
	Property, plant and equipment, net	$	537.6		$	497.2

Goodwill_and_Other_Intangible_

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2014
Goodwill and Other Intangible Assets	'
Goodwill and Other Intangible Assets	'
	Note 10—Goodwill and Other Intangible Assets
	The changes in the carrying amount of Goodwill, net for the nine months ended September 30, 2014 were as follows:
		Construction			Interconnect			Brake and		FoodService
	(in millions)	Materials			Technologies			Friction		Products		Total
	Gross balance at January 1, 2014	$	129.1		$	442.6		$	226.7	$	60.3	$	858.7
	Currency translation	(3.9		)	—			—		—		(3.9		)
	Gross balance at September 30, 2014	125.2			442.6			226.7		60.3		854.8
	Accumulated impairment losses	—			—			—		—		—
	Net balance at September 30, 2014	$	125.2		$	442.6		$	226.7	$	60.3	$	854.8
	The Company’s Other intangible assets, net at September 30, 2014, were as follows:
		Acquired			Accumulated			Net Book
	(in millions)	Cost			Amortization			Value
	Assets subject to amortization:
	Patents	$	131.8		$	(35.2	)	$	96.6
	Customer Relationships	439.6			(115.2		)	324.4
	Other	19.2			(11.6		)	7.6
	Assets not subject to amortization:
	Trade names	116.7			—			116.7
	Other intangible assets, net	$	707.3		$	(162.0	)	$	545.3
	The Company’s Other intangible assets, net at December 31, 2013, were as follows:
		Acquired			Accumulated			Net Book
	(in millions)	Cost			Amortization			Value
	Assets subject to amortization:
	Patents	$	134.6		$	(29.2	)	$	105.4
	Customer Relationships	443.3			(95.8		)	347.5
	Other	19			(10.1		)	8.9
	Assets not subject to amortization:
	Trade names	118			—			118
	Other intangible assets, net	$	714.9		$	(135.1	)	$	579.8
	Estimated amortization expense for the remainder of 2014 and the next four years is as follows: $9.2 million remaining in 2014, $36.2 million in 2015, $35.3 million in 2016, $34.5 million in 2017, and $34.4 million in 2018.
	The net carrying values of the Company’s Other intangible assets by reportable segment were as follows:
		September 30,			December 31,
	(in millions)	2014			2013
	Carlisle Construction Materials	$	76.4		$	86.9
	Carlisle Interconnect Technologies	313.7			330.8
	Carlisle Brake & Friction	125.2			130.1
	Carlisle FoodService Products	30			32
	Total	$	545.3		$	579.8

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies	'
Commitments and Contingencies	'
	Note 11—Commitments and Contingencies
	Leases
	The Company currently leases a portion of its manufacturing facilities, distribution centers, and equipment, some of which include scheduled rent increases stated in the lease agreement generally expressed as a stated percentage increase of the minimum lease payment over the lease term.  The Company currently has no leases that require rent to be paid based on contingent events nor has it received any lease incentive payments.  Rent expense was $17.6 million and $16.8 million for the nine months ended September 30, 2014 and 2013, respectively, inclusive of rent based on scheduled rent increases and rent holidays recognized on a straight-line basis.  Future minimum payments under the Company’s various non-cancelable operating leases are approximately $4.3 million for the remainder of 2014, $15.5 million in 2015, $12.5 million in 2016, $10.2 million in 2017, $8.4 million in 2018, and $14.4 million thereafter.
	Purchase Obligations
	Although the Company has entered into purchase agreements for certain key raw materials, there were no such contracts with a term exceeding one year in place at September 30, 2014.
	Workers’ Compensation Claims and Related Losses
	The Company has accrued approximately $25.5 million and $26.9 million related to workers’ compensation claims at September 30, 2014 and December 31, 2013, respectively.  At September 30, 2014, $7.7 million and $17.8 million are included in Accrued expenses and Other long-term liabilities, respectively, and at December 31, 2013, $9.1 million and $17.8 million were included in Accrued expenses and Other long-term liabilities, respectively in the Condensed Consolidated Balance Sheet.  Workers’ compensation obligations related to former employees associated with the Transportation Products business, and arising prior to the sale of the Transportation Products business, have been retained by the Company and the Company is obligated to pay the related claims until they are extinguished or otherwise settled.  The Company will not be held liable for any workers’ compensation claims related to the former Transportation Products business incurred after December 31, 2013.  The liability related to workers’ compensation claims, both those reported to the Company and those incurred but not yet reported, is estimated based on actuarial estimates, loss development factors, and the Company’s historical loss experience.
	The Company maintains occurrence-based insurance contracts with certain insurance carriers in accordance with its risk management practices that provides for reimbursement of workers’ compensation claims in excess of $0.5 million.  The Company records a recovery receivable from the insurance carriers when such recovery is deemed probable based on the nature of the claim and history of recoveries.  At September 30, 2014 the Company did not have any recovery receivables recorded for workers’ compensation claims.
	Litigation
	Over the years, the Company has been named as a defendant, along with numerous other defendants, in lawsuits in various state courts in which plaintiffs have alleged injury due to exposure to asbestos-containing brakes, which Carlisle manufactured in limited amounts between the late-1940’s and the mid-1980’s.  In addition to compensatory awards, these lawsuits may also seek punitive damages.
	Generally, the Company has obtained dismissals or settlements of its asbestos-related lawsuits with no material effect on its financial condition, results of operations or cash flows.  The Company maintains insurance coverage that applies to the Company’s defense costs and payments of settlements or judgments in connection with asbestos-related lawsuits.
	At this time, the amount of reasonably possible additional asbestos claims, if any, is not material to the Company’s financial position, results of operations or operating cash flows although these matters could result in the Company being subject to monetary damages, costs or expenses, and charges against earnings in particular periods.
	From time-to-time the Company may be involved in various other legal actions arising in the normal course of business.  In the opinion of management, the ultimate outcome of such actions, either individually or in the aggregate, will not have a material adverse effect on the consolidated financial position, results of operations for a particular period or annual operating cash flows of the Company.
	Environmental Matters
	The Company is subject to increasingly stringent environmental laws and regulations, including those relating to air emissions, wastewater discharges, chemical and hazardous waste management and disposal. Some of these environmental laws hold owners or operators of land or businesses liable for their own and for previous owners’ or operators’ releases of hazardous or toxic substances or wastes. Other environmental laws and regulations require the obtainment of and compliance with environmental permits. To date, costs of complying with environmental, health, and safety requirements have not been material and we do not currently have any significant accruals related to potential future costs of environmental remediation at September 30, 2014, nor do we have an asset retirement obligation recorded at those dates.  However, the nature of the Company’s operations and its long history of industrial activities at certain of its current or former facilities, as well as those acquired, could potentially result in material environmental liabilities or asset retirement modifications.
	While the Company must comply with existing and pending climate change legislation, regulation, international treaties or accords, current laws and regulations do not have a material impact on its business, capital expenditures or financial position. Future events, including those relating to climate change or greenhouse gas regulation, could require the Company to incur expenses related to the modification or curtailment of operations, installation of pollution control equipment, or investigation and cleanup of contaminated sites.

Borrowings

Borrowings	9 Months Ended
	Sep. 30, 2014
Borrowings	'
Borrowings	'
	Note 12—Borrowings
	As of September 30, 2014 and December 31, 2013 the Company’s borrowings were as follows:
		September 30,		December 31,
	(in millions)	2014		2013
	3.75% notes due 2022, net of unamortized discount of ($0.9) and ($1.0), respectively	$	349.1	$	349
	5.125% notes due 2020, net of unamortized discount of ($0.7) and ($0.8) respectively	249.3		249.2
	6.125% notes due 2016, net of unamortized discount of ($0.2) and ($0.3) respectively	149.8		149.7
	Revolving credit facility	—		—
	Industrial development and revenue bonds through 2018	3		3
	Other, including capital lease obligations	0.1		0.1
	Total long-term debt	751.3		751
	Less current portion	—		—
	Total long-term debt, net of current portion	$	751.3	$	751
	Revolving Credit Facilities
	As of September 30, 2014, the Company had $600.0 million available under its Third Amended and Restated Credit Agreement (the “Amended Credit Agreement”) administered by JPMorgan Chase Bank, N.A.  During the nine months ended September 30, 2014 and September 30, 2013 there were no borrowings under the revolving credit facility.
	Uncommitted Line of Credit
	The Company also maintains an uncommitted line of credit of which $45.0 million was available for borrowing as of September 30, 2014 and December 31, 2013.  During the nine months ended September 30, 2014 and September 30, 2013 there were no borrowings under the uncommitted line of credit.
	Covenants and Limitations
	Under the Company’s various debt and credit facilities, the Company is required to meet various restrictive covenants and limitations, including limitations on certain leverage ratios, interest coverage and limits on outstanding debt balances held by certain subsidiaries. The Company was in compliance with all covenants and limitations as of September 30, 2014 and December 31, 2013.
	Other Matters
	Cash payments for interest were $22.2 million and $22.0 million in the nine months ended September 30, 2014 and 2013, respectively.  Interest expense, net is presented net of interest income of $1.1 million and $0.3 million in the nine months ended September 30, 2014 and 2013, respectively.
	At September 30, 2014, the fair value of the Company’s par value $350 million, 3.75% senior notes due 2022, $250 million, 5.125% senior notes due 2020, and par value $150 million, 6.125% senior notes due 2016, using Level 2 inputs in the fair value hierarchy, was approximately $343.1 million, $267.9 million and $160.5  million, respectively. Fair value is estimated based on current yield rates plus the Company’s estimated credit spread available for financings with similar terms and maturities.

Retirement_Plans

Retirement Plans	9 Months Ended
	Sep. 30, 2014
Retirement Plans	'
Retirement Plans	'
	Note 13—Retirement Plans
	Defined Benefit Plans
	The Company maintains defined benefit retirement plans for certain employees. Benefits are based primarily on years of service and earnings of the employee. The Company recognizes the funded status of its defined benefit plans in the Condensed Consolidated Balance Sheets. The funded status is the difference between the retirement plans’ projected benefit obligation and the fair value of the retirement plans’ assets as of the measurement date.
	Components of net periodic benefit cost were as follows:
		Pension Benefits
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2014			2013			2014			2013
	Service cost	$	0.9		$	1.1		$	2.7		$	3.3
	Interest cost	1.9			1.7			5.8			5.2
	Expected return on plan assets	(2.6		)	(2.7		)	(8.0		)	(8.0		)
	Amortization of unrecognized loss	1.1			1.2			3.2			3.6
	Net periodic benefit cost	$	1.3		$	1.3		$	3.7		$	4.1
	The Company made no contributions to the pension plans during the nine months ended September 30, 2014.  No minimum contributions to the pension plans are required in 2014.  In light of the plans’ funded status, the Company does not expect to make discretionary contributions to its other pension plans in 2014.
	During 2014, the Company expects to pay approximately $1.0 million in participant benefits under the non-funded executive supplemental and director plans.
	Defined Contribution Plans
	The Company maintains defined contribution plans covering a significant portion of its employees. Expenses for the plans were $2.8 million and $2.4 million for the three months ended September 30, 2014 and 2013, respectively and $8.4 million and $7.6 million for the nine months ended September 30, 2014 and 2013, respectively.
	ESOP Plan
	The Company sponsors an employee stock ownership plan (“ESOP”) as part of one of its existing defined contribution plans. Costs for the ESOP are included in the defined contribution plans noted above. The ESOP is available to eligible domestic employees and includes a match of contributions made by plan participants to the savings plan up to a maximum of 4.0% of a participant’s eligible compensation, divided between cash and an employee-directed election of the Company’s common stock, not to exceed 50% of the total match.  Participants are not allowed to direct savings plan contributions to an investment in the Company’s common stock. Total shares held by the ESOP were 1.4 million and 1.7 million at September 30, 2014 and December 31, 2013, respectively.

Deferred_Revenue_and_Extended_

Deferred Revenue and Extended Product Warranties	9 Months Ended
	Sep. 30, 2014
Deferred Revenue and Extended Product Warranties	'
Deferred Revenue and Extended Product Warranties	'
	Note 14—Deferred Revenue and Extended Product Warranties
	Deferred revenue consists primarily of unearned revenue related to separately priced extended warranty contracts on sales of certain products, the most significant being those offered on its installed roofing systems within the Construction Materials segment.
	Roofing Systems Deferred Revenue
	The amount of revenue recognized related to extended product warranties covering roofing systems was $4.9 million and $4.4 million for the three month periods ended September 30, 2014 and September 30, 2013, respectively, and $13.4 million and $12.9 million for the nine month periods ended September 30, 2014 and September 30, 2013, respectively.  Deferred revenue recognized in the Condensed Consolidated Balance Sheets includes the following related to roofing systems extended product warranty contracts:
		September 30,		December 31,
	(in millions)	2014		2013
	Deferred revenue
	Current	$	17.3	$	17
	Long-term	147.5		142.8
	Deferred revenue liability	$	164.8	$	159.8
	Expected costs of services to be performed under extended product warranty contracts are actuarially determined.  Any expected costs in excess of deferred revenue are recognized within Accrued expenses.
	Other Deferred Revenue
	Other deferred revenue recognized in the Condensed Consolidated Balance Sheets as of September 30, 2014 and December 31, 2013, mainly related to contracts on brake pads, was as follows:
		September 30,		December 31,
	(in millions)	2014		2013
	Deferred revenue
	Current	$	0.4	$	0.4
	Long-term	0.5		0.8
	Deferred revenue liability	$	0.9	$	1.2

Standard_Product_Warranties

Standard Product Warranties	9 Months Ended
	Sep. 30, 2014
Standard Product Warranties	'
Standard Product Warranties	'
	Note 15—Standard Product Warranties
	The Company offers various warranty programs on its products included in the price of its products, primarily certain installed roofing systems, braking products, high-performance cables and assemblies, and foodservice equipment.  The Company’s liability for such warranty programs is included in Accrued expenses.  The change in the Company’s product warranty liabilities for the nine months ended September 30, 2014 and September 30, 2013 was as follows:
	(in millions)	2014			2013
	Balance at January 1	$	14.3		$	16.3
	Current year provision	15.7			12.5
	Current year claims	(14.1		)	(13.6		)
	Balance at September 30	$	15.9		$	15.2

Other_LongTerm_Liabilities

Other Long-Term Liabilities	9 Months Ended
	Sep. 30, 2014
Other Long-Term Liabilities	'
Other Long-Term Liabilities	'
	Note 16—Other Long-Term Liabilities
	The components of Other long-term liabilities were as follows:
		September 30,		December 31,
	(in millions)	2014		2013
	Deferred taxes and other tax liabilities	$	174.5	$	177.6
	Pension and other post-retirement obligations	18.8		18.9
	Long-term workers compensation	17.8		17.8
	Deferred compensation	13.6		11.3
	Other	6.5		10.3
	Other long-term liabilities	$	231.2	$	235.9

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss)	'
Accumulated Other Comprehensive Income (Loss)	'
	Note 17—Accumulated Other Comprehensive Income (Loss)
	The changes in Accumulated other comprehensive income (loss) by component for the three months ended September 30, 2014 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at June 30, 2014	$	(27.6	)	$	(2.6	)	$	0.8		$	(29.4	)
	Other comprehensive income (loss) before reclassifications				(18.1		)	—			(18.1		)
	Amounts reclassified from accumulated other comprehensive loss	1.1			—			(0.2		)	0.9
	Income tax expense	(0.4		)	—			0.1			(0.3		)
	Net other comprehensive income (loss)	0.7			(18.1		)	(0.1		)	(17.5		)
	Balance at September 30, 2014	$	(26.9	)	$	(20.7	)	$	0.7		$	(46.9	)
	The changes in Accumulated other comprehensive income (loss) by component for the three months ended September 30, 2013 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at June 30, 2013	$	(31.7	)	$	(13.1	)	$	1.1		$	(43.7	)
	Other comprehensive income (loss) before reclassifications	—			11.5			—			11.5
	Amounts reclassified from accumulated other comprehensive loss	1.5			—			(0.1		)	1.4
	Income tax expense	(0.6		)	—			—			(0.6		)
	Net other comprehensive income (loss)	0.9			11.5			(0.1		)	12.3
	Balance at September 30, 2013	$	(30.8	)	$	(1.6	)	$	1		$	(31.4	)
	(1)     Current period amounts related to accrued post-retirement benefit liability are for amortization of unrecognized actuarial gains and losses which is included in net periodic benefit cost for pension and other post-retirement welfare plans.  See Note 13.
	(2)     Current period amounts related to hedging activities are a reduction to interest expense.  See Note 20 in the Company’s 2013 Annual Report on Form 10-K for more information.
	The changes in Accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2014 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at December 31, 2013	$	(28.2	)	$	(4.3	)	$	1		$	(31.5	)
	Other comprehensive income (loss) before reclassifications	(0.6		)	(16.4		)	—			(17.0		)
	Amounts reclassified from accumulated other comprehensive loss	3.1			—			(0.5		)	2.6
	Income tax expense	(1.2		)	—			0.2			(1.0		)
	Net other comprehensive income (loss)	1.3			(16.4		)	(0.3		)	(15.4		)
	Balance at September 30, 2014	$	(26.9	)	$	(20.7	)	$	0.7		$	(46.9	)
	The changes in Accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2013 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at December 31, 2012	$	(34.1	)	$	(2.7	)	$	1.3		$	(35.5	)
	Other comprehensive income (loss) before reclassifications	0.5			1.1			—			1.6
	Amounts reclassified from accumulated other comprehensive loss	4.4			—			(0.4		)	4
	Income tax expense	(1.6		)	—			0.1			(1.5		)
	Net other comprehensive income (loss)	3.3			1.1			(0.3		)	4.1
	Balance at September 30, 2013	$	(30.8	)	$	(1.6	)	$	1		$	(31.4	)
	(1)     Current period amounts related to accrued post-retirement benefit liability are for amortization of unrecognized actuarial gains and losses which is included in net periodic benefit cost for pension and other post-retirement welfare plans.  See Note 13.
	(2)     Current period amounts related to hedging activities are a reduction to interest expense.  See Note 20 in the Company’s 2013 Annual Report on Form 10-K for more information.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events	'
Subsequent Events	'
	Note 18 — Subsequent Events
	On October 1, 2014, the Company acquired LHi Technology (“LHi”), a leading designer, manufacturer and provider of cable assemblies and related interconnect components to the medical equipment and device industry.  LHi supplies world-class medical device manufacturers with interconnect components used for patient monitoring, electrosurgery, diagnostic imaging and surgical instrumentation.  The enterprise value of the transaction was $195 million.
	LHi has manufacturing and assembly facilities in Shenzhen, China, and has annual sales of approximately $100 million. LHi sells its products globally to the world’s leading medical device manufacturers. The company designs, manufactures and sells customized, high-reliability wire, cable and components for transmission of data and power to and from medical devices used for a variety of medical applications. The business will operate as part of Carlisle Interconnect Technologies. Results of operations for LHi will be included in the Company’s condensed consolidated financial statements from the date of acquisition.
	On October 8, 2014, the Company entered into a definitive agreement to purchase from Graco Inc. and its subsidiary Finishing Brands Holdings, Inc. their held separate liquid finishing business net assets (“Liquid Finishing Brands”) for $590 million in cash.  The Liquid Finishing Brands business was acquired by Graco in April 2012 as part of its purchase of the liquid and powder finishing businesses of Illinois Tool Works. The Liquid Finishing Brands business is currently being held separate from Graco’s other businesses pursuant to an order of the U.S. Federal Trade Commission (“FTC”), and Graco is required to sell the business within 180 days after entry of the FTC’s final divestiture order, which occurred on October 6, 2014.
	The Liquid Finishing Brands business has annual sales of approximately $275 million and is a global manufacturer and supplier of liquid finishing equipment and systems serving diverse end markets for paints and coatings, including OE automotive, automotive refinishing, aerospace, agriculture, construction, marine, rail and other industrial applications.  The business operates from multiple locations in seven countries with approximately 57% of its sales outside the United States. Liquid Finishing Brands manufactures and sells products under the well-known brand names of Binks®, DeVilbiss®, Ransburg® and BGK.
	Carlisle will include Liquid Finishing Brands in a new operating segment named Carlisle Fluid Technologies. The acquisition is subject to FTC and other regulatory approvals and certain other closing conditions.  The purchase is expected to be completed on, or about, December 31, 2014.

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Information	'
Summary of net sales, EBIT, and assets of continuing operations by reportable segment	'
	Three Months Ended September 30,	2014					2013
	(in millions)	Net Sales(1)		EBIT			Net Sales(1)		EBIT
	Carlisle Construction Materials	$	589.1	$	97		$	505.7	$	83
	Carlisle Interconnect Technologies	164.4		33.9			147.8		24.8
	Carlisle Brake & Friction	89.3		6.1			85.2		5.2
	Carlisle FoodService Products	61.3		7.4			58.1		6.9
	Corporate	—		(10.4		)	—		(10.3		)
	Total	$	904.1	$	134		$	796.8	$	109.6
	Nine Months Ended September 30,	2014							2013
	(in millions)	Net Sales(1)		EBIT			Assets		Net Sales(1)			EBIT			Assets
	Carlisle Construction Materials	$	1,472.20	$	210		$	1,033.60	$	1,335.80		$	197		$	966.3
	Carlisle Interconnect Technologies	477.5		98.7			1,042.10		434.7			65.5			1,028.00
	Carlisle Brake & Friction	279.1		26.1			602.7		269.6			28.6			601.4
	Carlisle FoodService Products	185.2		22.9			204.2		178.9			19.3			187.2
	Corporate	—		(38.4		)	835.8		—			(36.0		)	367.3
	Total	$	2,414.00	$	319.3		$	3,718.40	$	2,219.00		$	274.4		$	3,150.20
	(1)     Excludes intersegment sales
Reconciliation of segment assets to total assets as presented on the Company's condensed consolidated balance sheet	'
		September 30,		September 30,
	(in millions)	2014		2013
	Assets per table above	$	3,718.40	$	3,150.20
	Assets held for sale	—		446.7
	Total Assets per Consolidated Balance Sheet	$	3,718.40	$	3,596.90

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2014
Stock-Based Compensation	'
Schedule of weighted-average assumptions for stock options	'
		2014			2013
	Expected dividend yield	1.2		%	1.2		%
	Expected life in years	5.74			5.71
	Expected volatility	29.3		%	32.2		%
	Risk-free interest rate	1.7		%	1		%
	Weighted average fair value	$	19.15		$	17.58

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share	'
Component of income from continuing operations and share data used in basic and diluted earnings per share	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions except share and per share amounts)	2014			2013			2014			2013
	Numerator:
	Income from continuing operations	$	86.3		$	66.4		$	198.4		$	175
	Less: dividends declared - common stock outstanding, restricted shares and restricted share units	(16.2		)	(14.1		)	(45.0		)	(39.7		)
	Undistributed earnings	70.1			52.3			153.4			135.3
	Percent allocated to common shareholders (1)	99.5		%	99.5		%	99.5		%	99.5		%
		69.7			52			152.6			134.6
	Add: dividends declared - common stock	16			14			44.2			39.5
	Numerator for basic and diluted EPS	$	85.7		$	66		$	196.8		$	174.1
	Denominator (in thousands):
	Denominator for basic EPS: weighted-average common shares outstanding	64,149			63,567			64,043			63,429
	Effect of dilutive securities:
	Performance awards	306			374			306			374
	Stock options	992			949			966			911
	Denominator for diluted EPS: adjusted weighted average common shares outstanding and assumed conversion	65,447			64,890			65,315			64,714
	Per share income from continuing operations:
	Basic	$	1.34		$	1.04		$	3.07		$	2.74
	Diluted	$	1.31		$	1.02		$	3.01		$	2.69
	(1) Basic weighted-average common shares outstanding	64,149		63,567		64,043		63,429
	Basic weighted-average common shares outstanding, unvested restricted shares expected to vest and restricted share units	64,492		63,892		64,386		63,755
	Percent allocated to common shareholders	99.5	%	99.5	%	99.5	%	99.5	%
Component of income from discontinued operations and share data used in basic and diluted earnings per share	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2014			2013			2014			2013
	Income (loss) from discontinued operations attributable to common shareholders for basic and diluted earnings per share	$	1		$	10.2		$	—		$	(35.0	)
	Net income attributable to common shareholders for basic and diluted earnings per share	$	86.7		$	76.2		$	196.8		$	139.3

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2014
Inventories	'
Components of Inventories	'
		September 30,			December 31,
	(in millions)	2014			2013
	Finished goods	$	180.3		$	163.7
	Work-in-process	47.2			40.2
	Raw materials	132.7			121.3
	Reserves	(25.9		)	(26.4		)
	Inventories	$	334.3		$	298.8

Property_Plant_and_Equipment_T

Property, Plant and Equipment (Tables)	9 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment	'
Components of Property, plant and equipment	'
		September 30,			December 31,
	(in millions)	2014			2013
	Land	$	38.1		$	38.9
	Buildings and leasehold improvements	263.9			259.1
	Machinery and equipment	658.4			606.9
	Projects in progress	79.6			60.3
		1,040.00			965.2
	Accumulated depreciation	(502.4		)	(468.0		)
	Property, plant and equipment, net	$	537.6		$	497.2

Goodwill_and_Other_Intangible_1

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2014
Goodwill and Other Intangible Assets	'
Summary of changes in the carrying amount of Goodwill, net	'
		Construction			Interconnect			Brake and		FoodService
	(in millions)	Materials			Technologies			Friction		Products		Total
	Gross balance at January 1, 2014	$	129.1		$	442.6		$	226.7	$	60.3	$	858.7
	Currency translation	(3.9		)	—			—		—		(3.9		)
	Gross balance at September 30, 2014	125.2			442.6			226.7		60.3		854.8
	Accumulated impairment losses	—			—			—		—		—
	Net balance at September 30, 2014	$	125.2		$	442.6		$	226.7	$	60.3	$	854.8
Summary of other intangible assets	'
	The Company’s Other intangible assets, net at September 30, 2014, were as follows:
		Acquired			Accumulated			Net Book
	(in millions)	Cost			Amortization			Value
	Assets subject to amortization:
	Patents	$	131.8		$	(35.2	)	$	96.6
	Customer Relationships	439.6			(115.2		)	324.4
	Other	19.2			(11.6		)	7.6
	Assets not subject to amortization:
	Trade names	116.7			—			116.7
	Other intangible assets, net	$	707.3		$	(162.0	)	$	545.3
	The Company’s Other intangible assets, net at December 31, 2013, were as follows:
		Acquired			Accumulated			Net Book
	(in millions)	Cost			Amortization			Value
	Assets subject to amortization:
	Patents	$	134.6		$	(29.2	)	$	105.4
	Customer Relationships	443.3			(95.8		)	347.5
	Other	19			(10.1		)	8.9
	Assets not subject to amortization:
	Trade names	118			—			118
	Other intangible assets, net	$	714.9		$	(135.1	)	$	579.8
Summary of net carrying value of other intangible assets by reportable segment	'
		September 30,			December 31,
	(in millions)	2014			2013
	Carlisle Construction Materials	$	76.4		$	86.9
	Carlisle Interconnect Technologies	313.7			330.8
	Carlisle Brake & Friction	125.2			130.1
	Carlisle FoodService Products	30			32
	Total	$	545.3		$	579.8

Borrowings_Tables

Borrowings (Tables)	9 Months Ended
	Sep. 30, 2014
Borrowings	'
Schedule of the Company's borrowings	'
		September 30,		December 31,
	(in millions)	2014		2013
	3.75% notes due 2022, net of unamortized discount of ($0.9) and ($1.0), respectively	$	349.1	$	349
	5.125% notes due 2020, net of unamortized discount of ($0.7) and ($0.8) respectively	249.3		249.2
	6.125% notes due 2016, net of unamortized discount of ($0.2) and ($0.3) respectively	149.8		149.7
	Revolving credit facility	—		—
	Industrial development and revenue bonds through 2018	3		3
	Other, including capital lease obligations	0.1		0.1
	Total long-term debt	751.3		751
	Less current portion	—		—
	Total long-term debt, net of current portion	$	751.3	$	751

Retirement_Plans_Tables

Retirement Plans (Tables)	9 Months Ended
	Sep. 30, 2014
Retirement Plans	'
Components of net periodic benefit cost	'
		Pension Benefits
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2014			2013			2014			2013
	Service cost	$	0.9		$	1.1		$	2.7		$	3.3
	Interest cost	1.9			1.7			5.8			5.2
	Expected return on plan assets	(2.6		)	(2.7		)	(8.0		)	(8.0		)
	Amortization of unrecognized loss	1.1			1.2			3.2			3.6
	Net periodic benefit cost	$	1.3		$	1.3		$	3.7		$	4.1

Deferred_Revenue_and_Extended_1

Deferred Revenue and Extended Product Warranties (Tables)	9 Months Ended
	Sep. 30, 2014
Deferred Revenue and Extended Product Warranties	'
Schedule of product warranty deferred revenue liability	'
	Deferred revenue recognized in the Condensed Consolidated Balance Sheets includes the following related to roofing systems extended product warranty contracts:
		September 30,		December 31,
	(in millions)	2014		2013
	Deferred revenue
	Current	$	17.3	$	17
	Long-term	147.5		142.8
	Deferred revenue liability	$	164.8	$	159.8
	Other deferred revenue recognized in the Condensed Consolidated Balance Sheets as of September 30, 2014 and December 31, 2013, mainly related to contracts on brake pads, was as follows:
		September 30,		December 31,
	(in millions)	2014		2013
	Deferred revenue
	Current	$	0.4	$	0.4
	Long-term	0.5		0.8
	Deferred revenue liability	$	0.9	$	1.2

Standard_Product_Warranties_Ta

Standard Product Warranties (Tables)	9 Months Ended
	Sep. 30, 2014
Standard Product Warranties	'
Schedule of change in aggregate product warranty liabilities	'
	(in millions)	2014			2013
	Balance at January 1	$	14.3		$	16.3
	Current year provision	15.7			12.5
	Current year claims	(14.1		)	(13.6		)
	Balance at September 30	$	15.9		$	15.2

Other_LongTerm_Liabilities_Tab

Other Long-Term Liabilities (Tables)	9 Months Ended
	Sep. 30, 2014
Other Long-Term Liabilities	'
Components of other long-term liabilities	'
		September 30,		December 31,
	(in millions)	2014		2013
	Deferred taxes and other tax liabilities	$	174.5	$	177.6
	Pension and other post-retirement obligations	18.8		18.9
	Long-term workers compensation	17.8		17.8
	Deferred compensation	13.6		11.3
	Other	6.5		10.3
	Other long-term liabilities	$	231.2	$	235.9

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss)	'
Schedule of changes in Accumulated other comprehensive income (loss) by component	'
	The changes in Accumulated other comprehensive income (loss) by component for the three months ended September 30, 2014 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at June 30, 2014	$	(27.6	)	$	(2.6	)	$	0.8		$	(29.4	)
	Other comprehensive income (loss) before reclassifications				(18.1		)	—			(18.1		)
	Amounts reclassified from accumulated other comprehensive loss	1.1			—			(0.2		)	0.9
	Income tax expense	(0.4		)	—			0.1			(0.3		)
	Net other comprehensive income (loss)	0.7			(18.1		)	(0.1		)	(17.5		)
	Balance at September 30, 2014	$	(26.9	)	$	(20.7	)	$	0.7		$	(46.9	)
	The changes in Accumulated other comprehensive income (loss) by component for the three months ended September 30, 2013 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at June 30, 2013	$	(31.7	)	$	(13.1	)	$	1.1		$	(43.7	)
	Other comprehensive income (loss) before reclassifications	—			11.5			—			11.5
	Amounts reclassified from accumulated other comprehensive loss	1.5			—			(0.1		)	1.4
	Income tax expense	(0.6		)	—			—			(0.6		)
	Net other comprehensive income (loss)	0.9			11.5			(0.1		)	12.3
	Balance at September 30, 2013	$	(30.8	)	$	(1.6	)	$	1		$	(31.4	)
	(1)     Current period amounts related to accrued post-retirement benefit liability are for amortization of unrecognized actuarial gains and losses which is included in net periodic benefit cost for pension and other post-retirement welfare plans.  See Note 13.
	(2)     Current period amounts related to hedging activities are a reduction to interest expense.  See Note 20 in the Company’s 2013 Annual Report on Form 10-K for more information.
	The changes in Accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2014 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at December 31, 2013	$	(28.2	)	$	(4.3	)	$	1		$	(31.5	)
	Other comprehensive income (loss) before reclassifications	(0.6		)	(16.4		)	—			(17.0		)
	Amounts reclassified from accumulated other comprehensive loss	3.1			—			(0.5		)	2.6
	Income tax expense	(1.2		)	—			0.2			(1.0		)
	Net other comprehensive income (loss)	1.3			(16.4		)	(0.3		)	(15.4		)
	Balance at September 30, 2014	$	(26.9	)	$	(20.7	)	$	0.7		$	(46.9	)
	The changes in Accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2013 were as follows:
		Accrued			Foreign
		post-retirement			currency			Hedging
	(in millions)	benefit liability(1)			translation			activities(2)			Total
	Balance at December 31, 2012	$	(34.1	)	$	(2.7	)	$	1.3		$	(35.5	)
	Other comprehensive income (loss) before reclassifications	0.5			1.1			—			1.6
	Amounts reclassified from accumulated other comprehensive loss	4.4			—			(0.4		)	4
	Income tax expense	(1.6		)	—			0.1			(1.5		)
	Net other comprehensive income (loss)	3.3			1.1			(0.3		)	4.1
	Balance at September 30, 2013	$	(30.8	)	$	(1.6	)	$	1		$	(31.4	)
	(1)     Current period amounts related to accrued post-retirement benefit liability are for amortization of unrecognized actuarial gains and losses which is included in net periodic benefit cost for pension and other post-retirement welfare plans.  See Note 13.
	(2)     Current period amounts related to hedging activities are a reduction to interest expense.  See Note 20 in the Company’s 2013 Annual Report on Form 10-K for more information.

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Net sales, EBIT, assets of continuing operations by reportable segment	'	'	'	'	'
Net sales	$904.10	$796.80	$2,414	$2,219	'
EBIT	134	109.6	319.3	274.4	'
Assets	3,718.40	3,150.20	3,718.40	3,150.20	'
Reconciliation of segmental assets to total assets	'	'	'	'	'
Assets per table above	3,718.40	3,150.20	3,718.40	3,150.20	'
Assets held for sale	'	446.7	'	446.7	'
TOTAL ASSETS	3,718.40	3,596.90	3,718.40	3,596.90	3,493
Corporate	'	'	'	'	'
Net sales, EBIT, assets of continuing operations by reportable segment	'	'	'	'	'
EBIT	-10.4	-10.3	-38.4	-36	'
Assets	825.4	367.3	825.4	367.3	'
Reconciliation of segmental assets to total assets	'	'	'	'	'
Assets per table above	825.4	367.3	825.4	367.3	'
Carlisle Construction Materials	'	'	'	'	'
Net sales, EBIT, assets of continuing operations by reportable segment	'	'	'	'	'
Net sales	589.1	505.7	1,472.20	1,335.80	'
EBIT	97	83	210	197	'
Assets	1,043.30	966.3	1,043.30	966.3	'
Reconciliation of segmental assets to total assets	'	'	'	'	'
Assets per table above	1,043.30	966.3	1,043.30	966.3	'
Carlisle Interconnect Technologies	'	'	'	'	'
Net sales, EBIT, assets of continuing operations by reportable segment	'	'	'	'	'
Net sales	164.4	147.8	477.5	434.7	'
EBIT	33.9	24.8	98.7	65.5	'
Assets	1,042.40	1,028	1,042.40	1,028	'
Reconciliation of segmental assets to total assets	'	'	'	'	'
Assets per table above	1,042.40	1,028	1,042.40	1,028	'
Carlisle Brake & Friction	'	'	'	'	'
Net sales, EBIT, assets of continuing operations by reportable segment	'	'	'	'	'
Net sales	89.3	85.2	279.1	269.6	'
EBIT	6.1	5.2	26.1	28.6	'
Assets	602.9	601.4	602.9	601.4	'
Reconciliation of segmental assets to total assets	'	'	'	'	'
Assets per table above	602.9	601.4	602.9	601.4	'
Carlisle FoodService Products	'	'	'	'	'
Net sales, EBIT, assets of continuing operations by reportable segment	'	'	'	'	'
Net sales	61.3	58.1	185.2	178.9	'
EBIT	7.4	6.9	22.9	19.3	'
Assets	204.4	187.2	204.4	187.2	'
Reconciliation of segmental assets to total assets	'	'	'	'	'
Assets per table above	$204.40	$187.20	$204.40	$187.20	'

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2013	Mar. 31, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
				Carlisle Transportation Products	Carlisle Transportation Products	Carlisle Transportation Products	Carlisle Transportation Products
Discontinued operations	'	'	'	'	'	'	'
Working capital adjustment finalized	'	'	'	'	'	$9.70	'
After-tax loss on sale of business	'	'	'	-1	'	'	'
After-tax loss from discontinued operations	-1	-10.2	35	'	'	'	35
Goodwill impairment charge	'	'	'	'	100	'	'
Net sales:	'	'	'	'	'	'	'
Net sales from discontinued operations	'	'	'	'	'	'	$602.90

StockBased_Compensation_Detail

Stock-Based Compensation (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
Stock-based compensation	'	'	'	'
Aggregate grant-date fair value of stock options, restricted stock awards, performance share awards and restricted stock units	'	'	$20.30	'
Stock-based compensation expense	'	'	'	'
Pre-tax compensation expense	2.9	2.6	13.6	13.1
2008 Executive Incentive Program	'	'	'	'
Stock-based compensation	'	'	'	'
Shares available for grant under the plan	2,645,966	'	2,645,966	'
Shares available for issuance under the plan	454,597	'	454,597	'
2005 Nonemployee Director Equity Plan	'	'	'	'
Stock-based compensation	'	'	'	'
Shares available for issuance under the plan	256,833	'	256,833	'
Stock options	'	'	'	'
Stock-based compensation	'	'	'	'
Stock options granted (in shares)	'	'	259,035	'
Portion of stock options vesting on the first anniversary	'	'	0.3333	'
Portion of stock options vesting on the second anniversary	'	'	0.3333	'
Portion of stock options vesting on the third anniversary	'	'	0.3333	'
Maximum term life	'	'	'10 years	'
Stock-based compensation expense	'	'	'	'
Pre-tax compensation expense	$0.90	$1.10	$3.10	$3.50
Weighted-average assumptions used to estimate grant date fair value of stock options	'	'	'	'
Expected dividend yield (as a percent)	'	'	1.20%	1.20%
Expected life in years	'	'	'5 years 8 months 26 days	'5 years 8 months 16 days
Expected volatility (as a percent)	'	'	29.30%	32.20%
Risk-free interest rate (as a percent)	'	'	1.70%	1.00%
Weighted average fair value (in dollars per share)	'	'	$19.15	$17.58
Restricted stock awards	'	'	'	'
Stock-based compensation	'	'	'	'
Awards granted (in shares)	'	'	104,773	'
Restricted stock awards | 2005 Nonemployee Director Equity Plan	'	'	'	'
Stock-based compensation	'	'	'	'
Shares available for issuance under the plan	26,833	'	26,833	'
Performance share awards	'	'	'	'
Stock-based compensation	'	'	'	'
Awards granted (in shares)	'	'	67,970	'
Restricted Stock Units	'	'	'	'
Stock-based compensation	'	'	'	'
Awards granted (in shares)	'	'	10,377	'

StockBased_Compensation_Detail1

Stock-Based Compensation (Details 2) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Dec. 31, 2013
Deferred Compensation Plan	'	'
Performance share awards	'	'
Number of common stock deferred (in shares)	189,980	201,060
Restricted stock awards	'	'
Stock-based compensation	'	'
Vesting period of shares awarded under the Program	'3 years	'
Performance share awards	'	'
Stock-based compensation	'	'
Vesting period of shares awarded under the Program	'3 years	'
Performance share awards	'	'
Grant date fair value (in dollars per share)	95.72	'
Restricted Stock Units	'	'
Performance share awards	'	'
Grant date fair value (in dollars per share)	73.08	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013
Reconciliation of taxes from continuing operations	'	'	'
Effective income tax rate on continuing operations (as a percent)	31.70%	32.90%	29.70%
Anticipated effective tax rate for beginning of year to date (as a percent)	'	33.00%	'
Expense (benefit) of discrete tax expense related to foreign jurisdiction, net	'	$0.60	($11.80)

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Numerator:	'	'	'	'
Income from continuing operations	$86.30	$66.40	$198.40	$175
Less: dividends declared - common stock outstanding, restricted shares and restricted share units	-16.2	-14.1	-45	-39.7
Undistributed earnings	70.1	52.3	153.4	135.3
Percent allocated to common shareholders	99.50%	99.50%	99.50%	99.50%
Undistributed earnings allocated to common shareholders	69.7	52	152.6	134.6
Add: dividends declared - common stock	16	14	44.2	39.5
Numerator for basic and diluted EPS	85.7	66	196.8	174.1
Denominator (in thousands):	'	'	'	'
Denominator for basic EPS: weighted-average common shares outstanding	64,149	63,567	64,043	63,429
Effect of dilutive securities:	'	'	'	'
Performance awards (in shares)	306	374	306	374
Stock options (in shares)	992	949	966	911
Denominator for diluted EPS: adjusted weighted average common shares outstanding and assumed conversion	65,447	64,890	65,315	64,714
Per share income from continuing operations:	'	'	'	'
Basic (in dollars per share)	$1.34	$1.04	$3.07	$2.74
Diluted (in dollars per share)	$1.31	$1.02	$3.01	$2.69
Basic weighted-average common shares outstanding	64,149	63,567	64,043	63,429
Basic weighted-average common shares outstanding, unvested restricted shares expected to vest and restricted share units	64,492	63,892	64,386	63,755
Percent allocated to common shareholders	99.50%	99.50%	99.50%	99.50%
Income from discontinued operations and net income	'	'	'	'
Income (loss) from discontinued operations attributable to common shareholders for basic and diluted earnings per share	1	10.2	'	-35
Net income attributable to common shareholders for basic and diluted earnings per share	$86.70	$76.20	$196.80	$139.30

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Inventories	'	'
Finished goods	$180.30	$163.70
Work-in-process	47.2	40.2
Raw materials	132.7	121.3
Reserves	-25.9	-26.4
Inventories	$334.30	$298.80

Property_Plant_and_Equipment_D

Property, Plant and Equipment (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Property, Plant and Equipment	'	'
Property, plant and equipment, gross	$1,040	$965.20
Accumulated depreciation	-502.4	-468
Property, plant and equipment, net	537.6	497.2
Land	'	'
Property, Plant and Equipment	'	'
Property, plant and equipment, gross	38.1	38.9
Buildings and leasehold improvements	'	'
Property, Plant and Equipment	'	'
Property, plant and equipment, gross	263.9	259.1
Machinery and equipment	'	'
Property, Plant and Equipment	'	'
Property, plant and equipment, gross	658.4	606.9
Projects in progress	'	'
Property, Plant and Equipment	'	'
Property, plant and equipment, gross	$79.60	$60.30

Goodwill_and_Other_Intangible_2

Goodwill and Other Intangible Assets (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Changes in the carrying amount of goodwill	'	'
Goodwill gross, Balance at the beginning of the period	$858.70	'
Currency translation	-3.9	'
Goodwill gross, Balance at the end of the period	854.8	'
Goodwill, net	854.8	858.7
Carlisle Construction Materials	'	'
Changes in the carrying amount of goodwill	'	'
Goodwill gross, Balance at the beginning of the period	129.1	'
Currency translation	-3.9	'
Goodwill gross, Balance at the end of the period	125.2	'
Goodwill, net	125.2	'
Carlisle Interconnect Technologies	'	'
Changes in the carrying amount of goodwill	'	'
Goodwill gross, Balance at the beginning of the period	'	442.6
Goodwill gross, Balance at the end of the period	442.6	442.6
Goodwill, net	442.6	'
Carlisle Brake & Friction	'	'
Changes in the carrying amount of goodwill	'	'
Goodwill gross, Balance at the beginning of the period	'	226.7
Goodwill gross, Balance at the end of the period	226.7	226.7
Goodwill, net	226.7	'
Carlisle FoodService Products	'	'
Changes in the carrying amount of goodwill	'	'
Goodwill gross, Balance at the beginning of the period	'	60.3
Goodwill gross, Balance at the end of the period	60.3	60.3
Goodwill, net	$60.30	'

Goodwill_and_Other_Intangible_3

Goodwill and Other Intangible Assets (Details 2) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Other intangible assets, net	'	'
Other intangible assets, Acquired Cost	$707.30	$714.90
Other intangible assets, Accumulated Amortization	-162	-135.1
Other intangible assets, net	545.3	579.8
Estimated amortization expense	'	'
Remainder of 2014	9.2	'
2015	36.2	'
2016	35.3	'
2017	34.5	'
2018	34.4	'
Trade names	'	'
Assets not subject to amortization:	'	'
Acquired Cost	116.7	118
Net Book Value	116.7	118
Patents	'	'
Other intangible assets	'	'
Acquired Cost	131.8	134.6
Accumulated Amortization	-35.2	-29.2
Net Book Value	96.6	105.4
Customer Relationships	'	'
Other intangible assets	'	'
Acquired Cost	439.6	443.3
Accumulated Amortization	-115.2	-95.8
Net Book Value	324.4	347.5
Other	'	'
Other intangible assets	'	'
Acquired Cost	19.2	19
Accumulated Amortization	-11.6	-10.1
Net Book Value	$7.60	$8.90

Goodwill_and_Other_Intangible_4

Goodwill and Other Intangible Assets (Details 3) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Net book value of other intangible assets by the reportable segment	'	'
Other intangible assets, net	$545.30	$579.80
Carlisle Construction Materials	'	'
Net book value of other intangible assets by the reportable segment	'	'
Other intangible assets, net	76.4	86.9
Carlisle Interconnect Technologies	'	'
Net book value of other intangible assets by the reportable segment	'	'
Other intangible assets, net	313.7	330.8
Carlisle Brake & Friction	'	'
Net book value of other intangible assets by the reportable segment	'	'
Other intangible assets, net	125.2	130.1
Carlisle FoodService Products	'	'
Net book value of other intangible assets by the reportable segment	'	'
Other intangible assets, net	$30	$32

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
	item
Commitments and Contingencies	'	'	'
Number of leases that require rent to be paid based on contingent events	0	'	'
Rent expense	$17.60	$16.80	'
Future minimum payments	'	'	'
Remainder of 2014	4.3	'	'
2015	15.5	'	'
2016	12.5	'	'
2017	10.2	'	'
2018	8.4	'	'
Thereafter	14.4	'	'
Purchase Obligations	'	'	'
Number of purchase agreements with contractual term exceeding one year	0	'	'
Maximum term of purchase agreements for certain key raw materials	'1 year	'	'
Workers' Compensation Claims and Related Losses	'	'	'
Accrued workers compensation claims	25.5	'	26.9
Workers' compensation included in accrued expenses	7.7	'	9.1
Workers' compensation included in other long-term liabilities	17.8	'	17.8
Limits in excess of occurrence for reimbursement of workers' compensation	0.5	'	'
Asbestos-related injury	'	'	'
Litigation	'	'	'
Accounting effect of dismissals or settlements	$0	'	'

Borrowings_Details

Borrowings (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Borrowings	'	'	'
Total long-term debt	$751.30	'	$751
Total long-term debt, net of current portion	751.3	'	751
Cash payments for interest	22.2	22	'
Interest income	1.1	0.3	'
3.75% senior notes due 2022	'	'	'
Borrowings	'	'	'
Total long-term debt	349.1	'	349
Interest rate (as a percent)	3.75%	'	'
Unamortized discount	-0.9	'	-1
Par value of senior notes	350	'	'
3.75% senior notes due 2022 | Significant Observable Inputs (Level 2)	'	'	'
Borrowings	'	'	'
Fair value of notes	343.1	'	'
5.125% senior notes due 2020	'	'	'
Borrowings	'	'	'
Total long-term debt	249.3	'	249.2
Interest rate (as a percent)	5.13%	'	'
Unamortized discount	-0.7	'	-0.8
Par value of senior notes	250	'	'
5.125% senior notes due 2020 | Significant Observable Inputs (Level 2)	'	'	'
Borrowings	'	'	'
Fair value of notes	267.9	'	'
6.125% senior notes due 2016	'	'	'
Borrowings	'	'	'
Total long-term debt	149.8	'	149.7
Interest rate (as a percent)	6.13%	'	'
Unamortized discount	-0.2	'	-0.3
Par value of senior notes	150	'	'
6.125% senior notes due 2016 | Significant Observable Inputs (Level 2)	'	'	'
Borrowings	'	'	'
Fair value of notes	160.5	'	'
Revolving credit facility	'	'	'
Borrowings	'	'	'
Remaining borrowing capacity	600	'	'
Amount outstanding	0	0	'
Industrial development and revenue bonds through 2018	'	'	'
Borrowings	'	'	'
Total long-term debt	3	'	3
Other, including capital lease obligations	'	'	'
Borrowings	'	'	'
Total long-term debt	0.1	'	0.1
Uncommitted line of credit	'	'	'
Borrowings	'	'	'
Maximum borrowing capacity	45	'	45
Amount outstanding	$0	$0	'

Retirement_Plans_Details

Retirement Plans (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Defined Contribution Plans	'	'	'	'	'
Defined contribution plan expense recognized	$2.80	$2.40	$8.40	$7.60	'
Maximum percentage of employee compensation match by employer to employee stock ownership plan	'	'	4.00%	'	'
Maximum percentage of employee compensation match by employer to non union employee stock ownership plan	'	'	50.00%	'	'
Shares held by the ESOP plan	1.4	'	1.4	'	1.7
Defined Benefit Plans	'	'	'	'	'
Components of net periodic benefit cost	'	'	'	'	'
Service cost	0.9	1.1	2.7	3.3	'
Interest cost	1.9	1.7	5.8	5.2	'
Expected return on plan assets	-2.6	-2.7	-8	-8	'
Amortization of unrecognized loss	1.1	1.2	3.2	3.6	'
Net periodic benefit cost	1.3	1.3	3.7	4.1	'
Company's contribution to pension plan	'	'	0	'	'
Defined Benefit Plans | Minimum | Forecast	'	'	'	'	'
Components of net periodic benefit cost	'	'	'	'	'
Company's required contribution to pension plan	'	'	0	'	'
Non-funded executive supplemental and director defined benefit pension plans | Forecast	'	'	'	'	'
Components of net periodic benefit cost	'	'	'	'	'
Company's contribution to pension plan	'	'	$1	'	'

Deferred_Revenue_and_Extended_2

Deferred Revenue and Extended Product Warranties (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Roofing Systems Product	'	'	'	'	'
Product Warranties	'	'	'	'	'
Deferred revenue recognized related to extended product warranties	$4.90	$4.40	$13.40	$12.90	'
Deferred revenue	'	'	'	'	'
Current	17.3	'	17.3	'	17
Long-term	147.5	'	147.5	'	142.8
Deferred revenue liability	164.8	'	164.8	'	159.8
Brake pads	'	'	'	'	'
Deferred revenue	'	'	'	'	'
Current	0.4	'	0.4	'	0.4
Long-term	0.5	'	0.5	'	0.8
Deferred revenue liability	$0.90	'	$0.90	'	$1.20

Standard_Product_Warranties_De

Standard Product Warranties (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Change in aggregate product warranty liabilities, including accrued costs and loss reserves in excess of deferred revenue	'	'
Beginning reserve	$14.30	$16.30
Current year provision	15.7	12.5
Current year claims	-14.1	-13.6
Ending reserve	$15.90	$15.20

Other_LongTerm_Liabilities_Det

Other Long-Term Liabilities (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Other Long-Term Liabilities	'	'
Deferred taxes and other tax liabilities	$174.50	$177.60
Pension and other post-retirement obligations	18.8	18.9
Long-term workers compensation	17.8	17.8
Deferred compensation	13.6	11.3
Other	6.5	10.3
Other long-term liabilities	$231.20	$235.90

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Loss) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Accumulated balances for each classification of comprehensive income (loss)	'	'	'	'
Balance at the beginning of the period	($29.40)	($43.70)	($31.50)	($35.50)
Other comprehensive income (loss) before reclassifications	-18.1	11.5	-17	1.6
Amounts reclassified from accumulated other comprehensive loss	0.9	1.4	2.6	4
Income tax expense	-0.3	-0.6	-1	-1.5
Other comprehensive income (loss)	-17.5	12.3	-15.4	4.1
Balance at the end of the period	-46.9	-31.4	-46.9	-31.4
Accrued post-retirement benefit liability	'	'	'	'
Accumulated balances for each classification of comprehensive income (loss)	'	'	'	'
Balance at the beginning of the period	-27.6	-31.7	-28.2	-34.1
Other comprehensive income (loss) before reclassifications	'	'	-0.6	0.5
Amounts reclassified from accumulated other comprehensive loss	1.1	1.5	3.1	4.4
Income tax expense	-0.4	-0.6	-1.2	-1.6
Other comprehensive income (loss)	0.7	0.9	1.3	3.3
Balance at the end of the period	-26.9	-30.8	-26.9	-30.8
Foreign currency translation	'	'	'	'
Accumulated balances for each classification of comprehensive income (loss)	'	'	'	'
Balance at the beginning of the period	-2.6	-13.1	-4.3	-2.7
Other comprehensive income (loss) before reclassifications	-18.1	11.5	-16.4	1.1
Other comprehensive income (loss)	-18.1	11.5	-16.4	1.1
Balance at the end of the period	-20.7	-1.6	-20.7	-1.6
Hedging activities	'	'	'	'
Accumulated balances for each classification of comprehensive income (loss)	'	'	'	'
Balance at the beginning of the period	0.8	1.1	1	1.3
Amounts reclassified from accumulated other comprehensive loss	-0.2	-0.1	-0.5	-0.4
Income tax expense	0.1	'	0.2	0.1
Other comprehensive income (loss)	-0.1	-0.1	-0.3	-0.3
Balance at the end of the period	$0.70	$1	$0.70	$1

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended	0 Months Ended		0 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Oct. 08, 2014	Oct. 02, 2014	Oct. 08, 2014	Oct. 08, 2014	Oct. 08, 2014	Oct. 08, 2014
					LHi	Subsequent event	Subsequent event	Subsequent event	Subsequent event	Subsequent event	Subsequent event
						Graco	LHi	Liquid Finishing Brands	Liquid Finishing Brands	Liquid Finishing Brands	Liquid Finishing Brands
								item	Forecast	Americas	Graco
Subsequent events	'	'	'	'	'	'	'	'	'	'	'
Cash payment	'	'	'	'	'	'	'	'	'	'	$590
Enterprise value	'	'	'	'	'	'	195	'	'	'	'
Sales	$904.10	$796.80	$2,414	$2,219	$100	'	'	'	$275	'	'
Period within which party to agreement is required to sell business after entry of the FTC's final divestiture order	'	'	'	'	'	'180 days	'	'	'	'	'
Number of locations from which business is operated	'	'	'	'	'	'	'	26	'	'	'
Number of countries in which business operates	'	'	'	'	'	'	'	7	'	'	'
Percentage of sales	'	'	'	'	'	'	'	'	'	57.00%	'