B/E Aerospace (BEAV) Inactive 10-Q30 Jul 142014 Q2 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2014	Jul. 23, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Trading Symbol	'BEAV	'
Entity Registrant Name	'B/E AEROSPACE INC	'
Entity Central Index Key	'0000861361	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	105,302,650

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$216.50	$637.80
Accounts receivable - trade, less allowance for doubtful accounts ($10.8 at June 30, 2014 and $10.4 at December 31, 2013)	676.2	484.1
Inventories	2,133.10	1,943.80
Deferred income taxes	31.5	29.4
Other current assets	91.8	64.6
Total current assets	3,149.10	3,159.70
Property and equipment, net of accumulated depreciation ($331.5 at June 30, 2014 and $289.0 at December 31, 2013)	658.8	425.7
Goodwill	2,297.10	1,571
Identifiable intangible assets, net of accumulated amortization ($198.2 at June 30, 2014 and $179.8 at December 31, 2013)	666.1	472.2
Other assets	77.3	67.6
Total assets	6,848.40	5,696.20
Current liabilities:	'	'
Accounts payable	443.9	357.9
Accrued liabilities	650.6	521.2
Total current liabilities	1,094.50	879.1
Long-term debt	2,627	1,959.40
Deferred income taxes	176.7	165
Other non-current liabilities	91.6	83.5
Commitments, contingencies and off-balance sheet arrangements (Note 8)	'	'
Stockholders' equity:	'	'
Preferred stock, $0.01 par value; 1.0 million shares authorized; no shares outstanding	0	0
Common stock, $0.01 par value; 200.0 million shares authorized; 105.9 million shares issued as of June 30, 2014 and 105.7 million shares issued as of December 31, 2013	1.1	1.1
Additional paid-in capital	1,711.30	1,688.80
Retained earnings	1,140.90	923.3
Accumulated other comprehensive income (loss)	5.3	-4
Total stockholders' equity	2,858.60	2,609.20
Liabilities and Equity, Total	$6,848.40	$5,696.20

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Accounts receivable - trade, allowance for doubtful accounts	$10.80	$10.40
Property and equipment, accumulated depreciation	331.5	289
Identifiable intangible assets, accumulated amortization	$198.20	$179.80
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	1	1
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	200	200
Common stock, shares issued	105.9	105.7

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME (USD $)	3 Months Ended				6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Revenues	$1,089.50		$850.30		$2,100.70		$1,692.50
Cost of sales	682.9		523.5		1,317.40		1,046.60
Selling, general and administrative	150.3		117.3		273.3		229.5
Research, development and engineering	71		50.8		141.7		104.1
Operating earnings	185.3	[1]	158.7	[1]	368.3	[1]	312.3	[1]
Operating earnings, as percentage of revenues	17.00%		18.70%		17.50%		18.50%
Interest expense	31.7		30.5		62.3		61.1
Earnings before income taxes	153.6		128.2		306		251.2
Income taxes	45		35.8		88.4		68.9
Net earnings	108.6		92.4		217.6		182.3
Other comprehensive income (loss):	'		'		'		'
Foreign currency translation adjustment and other	5.4		7.7		9.3		-31
Comprehensive income	$114		$100.10		$226.90		$151.30
Net earnings per common share:	'		'		'		'
Basic	$1.05		$0.90		$2.09		$1.77
Diluted	$1.04		$0.89		$2.08		$1.76
Weighted average common shares:	'		'		'		'
Basic	103.9		103.1		103.9		103.1
Diluted	104.5		103.9		104.4		103.8

[1]	Operating earnings include an allocation of corporate IT costs, employee benefits and general and administrative costs based on the proportion of each segment's systems users, number of employees and sales, respectively.

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net earnings	$217.60	$182.30
Adjustments to reconcile net earnings to net cash flows provided by operating activities, net of effects from acquisitions:	'	'
Depreciation and amortization	63	42.5
Deferred income taxes	7.3	18.6
Non-cash compensation	14.2	11.8
Provision for doubtful accounts	0.6	0.9
Loss on disposal of property and equipment	0.1	0.8
Tax benefits realized from prior exercises of employee stock options and restricted stock	-4.8	-3.8
Changes in operating assets and liabilities:	'	'
Accounts receivable	-128.1	-68.7
Inventories	-158.6	-124.5
Other current and non-current assets	-30.3	-3.9
Accounts payable and accrued liabilities	86.7	73.4
Net cash provided by operating activities	67.7	129.4
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Capital expenditures	-122.7	-67.8
Acquisitions, net of cash acquired	-1,042.70	-3.5
Net cash used in investing activities	-1,165.40	-71.3
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds from common stock issued	3.7	3.3
Purchase of treasury stock	-0.1	-0.4
Tax benefits realized from prior exercises of employee stock options and restricted stock	4.8	3.8
Principal payments on long-term debt	'	-0.3
Borrowings on line of credit	668	'
Debt origination costs	-1.9	'
Net cash provided by financing activities	674.5	6.4
Effect of foreign exchange rate changes on cash and cash equivalents	1.9	-5.8
Net (decrease) increase in cash and cash equivalents	-421.3	58.7
Cash and cash equivalents, beginning of period	637.8	513.7
Cash and cash equivalents, end of period	216.5	572.4
Cash paid during period for:	'	'
Interest	57.5	59.1
Income taxes	93.7	45.9
Supplemental schedule of noncash investing activities:	'	'
Accrued property additions	9.4	11.7
Contingent consideration	$102	'

Basis_of_Presentation

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2014
Basis of Presentation	'
	Note 1. Basis of Presentation

	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. All adjustments which, in the opinion of management, are considered necessary for a fair presentation of the results of operations for the periods shown are of a normal recurring nature and have been reflected in the condensed consolidated financial statements. The results of operations for the periods presented are not necessarily indicative of the results expected for the full fiscal year or for any future period. The information included in these condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the B/E Aerospace, Inc. (the “Company”) Annual Report on Form 10-K for the fiscal year ended December 31, 2013.

	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts and related disclosures. Actual results could differ from those estimates.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	6 Months Ended
Recent Accounting Pronouncements	Jun. 30, 2014
Recent Accounting Pronouncements	'
	Note 2. Recent Accounting Pronouncements

	In June 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-12, Compensation-Stock Compensation, which updated the guidance in ASC Topic 718, Compensation – Stock Compensation. The update is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted. The amendments require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved. As indicated in the definition of vest, the stated vesting period (which includes the period in which the performance target could be achieved) may differ from the requisite service period. The adoption of ASU 2014-12 is not expected to have a material impact on the Company’s consolidated financial statements.

	In May 2014, FASB issued ASU 2014-09, Revenue from Contracts with Customers, which updated the guidance in ASC Topic 606, Revenue Recognition. The amendments in this update are effective for annual reporting periods beginning after December 15, 2016. Early application is not permitted. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should identify the contract(s) with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when (or as) the entity satisfies a performance obligation. The Company is currently evaluating the impact this guidance will have on its consolidated financial condition, results of operations, cash flows and disclosures and is currently unable to estimate the impact of adopting this guidance.

	In April 2014, FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment, which updated the guidance in ASC Topic 360, Property, Plant and Equipment. The updated guidance is effective prospectively for years beginning on or after December 15, 2014, with early application permitted. The amendments in this update change the requirements for reporting discontinued operations in Subtopic 205-20. Under this updated guidance, a discontinued operation will include a disposal of a major part of an entity’s operations and financial results such as a separate major line of business or a separate major geographical area of operations. The guidance raises the threshold to be a major operation but no longer precludes discontinued operations presentation where there is significant continuing involvement or cash flows with a disposed component of an entity. The guidance expands disclosures to include cash flows where there is significant continuing involvement with a discontinued operation and the pre-tax profit or loss of disposal transactions not reported as discontinued operations. The adoption of ASU 2014-08 is not expected to have a material impact on the Company’s consolidated financial statements.

	In July 2013, FASB issued ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, which updated the guidance in ASC Topic 740, Income Taxes. The update was effective for interim periods beginning on or after December 15, 2013, and generally provides guidance for the presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. The guidance requires an unrecognized tax benefit to be presented as a decrease in a deferred tax asset where a net operating loss, a similar tax loss, or a tax credit carryforward exists and certain criteria are met. The adoption of ASU 2013-11 did not have a material impact on the Company’s consolidated financial statements.

Business_Combinations

Business Combinations	6 Months Ended
Business Combinations	Jun. 30, 2014
Business Combinations	'
	Note 3. Business Combinations

	Energy Services Acquisitions

	In April 2014, the Company acquired the assets of the Vision Oil Tools, LLC group of companies (“Vision”), a provider of technical services and associated rental equipment and logistics services to the energy sector. Vision establishes a new geographical base of operations in the North Dakota (Williston/Bakken) and Rocky Mountain regions. The purchase price was $140.0 with the potential for an additional $35.0 in 2015 if Vision generates its planned 2014 EBITDA. The Company has performed an assessment of the progress to date and determined it is likely that Vision will achieve this amount, and accordingly has recorded the $35.0 as a liability as of June 30, 2014. During the second quarter, the Company also completed a bolt-on acquisition, which provides technical services, associated logistic services and rental equipment to the energy sector in the Eagle Ford and Permian basins. The purchase price was $70.7 with the potential for an additional $67.0 based on achieving 2014 planned EBITDA. The Company has performed an assessment of the results to date and determined it is likely that such amount will be realized and accordingly, has recorded the $67.0 as a liability as of June 30, 2014. The Company also completed one additional bolt-on acquisition engaged in manufacturing and rental of equipment in the Marcellus/Utica basin for approximately $45.0. In January 2014, the Company acquired the assets of the LT Energy Services group of companies (“LT”), an Eagle Ford basin provider of rental equipment, for a net purchase price of approximately $102.5. In February 2014, the Company acquired the assets of Wildcat Wireline LLC (“Wildcat”), a provider of wireline services primarily in the Eagle Ford basin, and also in the Marcellus/Utica basin, for a net purchase price of approximately $153.4.

	During the third and fourth quarters of 2013, the Company acquired the assets of Blue Dot Energy Services, LLC (“Blue Dot”) and Bulldog Frac Rentals, LLC (“Bulldog”), providers of technical services and associated rental equipment and logistics services to the energy sector, for a net purchase price of $114.0.

	All of the aforementioned acquisitions are included in the consumables management segment and collectively referred to as the “Energy Services Acquisitions”.

	Manufacturing Acquisitions

	In June 2014, the Company acquired the outstanding shares of the EMTEQ, Inc. group of companies, a domestic provider of aircraft interior and exterior lighting systems, as well as aircraft cabin management and power systems for a purchase price of $256.3, net of cash acquired. The Company also acquired the outstanding shares of the F+E Fischer + Entwicklungen GmbH & Co. KG group of companies (“Fischer”) a leading Europe-based manufacturer of seating products for civilian helicopters for a purchase price of $212.3, net of cash acquired. During the second quarter, the Company also acquired one smaller business based in Europe for a purchase price of $63.0, net of cash acquired. These acquisitions are included in the business jet segment and collectively referred to as the “Manufacturing Acquisitions.”

	The Energy Services Acquisitions and Manufacturing Acquisitions were accounted for as purchases under FASB ASC 805, Business Combinations (“ASC 805”). The assets purchased and liabilities assumed for the Energy Services Acquisitions and Manufacturing Acquisitions have been reflected in the accompanying consolidated balance sheet as of June 30, 2014, and the results of operations for the Energy Services Acquisitions and Manufacturing Acquisitions are included in the accompanying consolidated statements of earnings from their respective dates of acquisition.

	The valuation of certain assets, principally intangible assets, is not yet complete, and as such, the Company has not yet finalized its allocation of the purchase prices for the Energy Services Acquisitions and Manufacturing Acquisitions.

	The following table summarizes the current estimates of fair values of assets acquired and liabilities assumed in the Energy Services Acquisitions in accordance with ASC 805, which are currently recorded based on management’s estimates as follows:

		2014			2013
	Accounts receivable-trade	$	36.8		$	10.9
	Inventories		1.7			3.9
	Other current and non-current assets		2.5			0.2
	Property and equipment		141.5			34.3
	Goodwill		333.1			54.7
	Identified intangibles		109			20.5
	Accounts payable		(6.8	)		(9.9	)
	Other current and non-current liabilities		(106.2	)		(0.6	)
	Total purchase price	$	511.6		$	114

	All of the goodwill and other intangible assets related to the Energy Services Acquisitions are expected to be deductible for tax purposes.

	The following table summarizes the current estimates of fair values of assets acquired and liabilities assumed in the Manufacturing Acquisitions in accordance with ASC 805, which are currently recorded based on management’s estimates as follows:

		Domestic			Foreign
	Accounts receivable-trade	$	12.5		$	12.8
	Inventories		17.3			8
	Other current and non-current assets		1.3			0.5
	Property and equipment		6.6			5.6
	Goodwill		185			209.7
	Identified intangibles		46.3			54.1
	Accounts payable		(4.3	)		(3.7	)
	Other current and non-current liabilities		(8.4	)		(11.7	)
	Total purchase price	$	256.3		$	275.3

	The majority of the goodwill and intangible assets related to the Manufacturing Acquisitions is not expected to be deductible for tax purposes.

	The amount of Energy Services Acquisitions revenues included in the three and six month periods ended June 30, 2014 were $90.4 and $134.9, respectively. The amount of Manufacturing Acquisitions revenues included in the three month period ended June 30, 2014 was $10.7.

	Consolidated unaudited pro forma revenues, net earnings, and diluted net earnings per share for the three and six month periods ended June 30, 2014 and 2013, respectively, giving effect to all acquisitions as if they had occurred on January 1, 2013 were as follows:

		THREE MONTHS ENDED						SIX MONTHS ENDED
		June 30,			June 30,			June 30,		June 30,
		2014			2013			2014		2013
		Pro forma			Pro forma			Pro forma		Pro forma
	Revenues	$	1,138.00		$	974		$	2,247.30	$	1,932.30
	Net earnings		122.4			105.1			252.4		205.1
	Diluted net earnings per share		1.17			1.01			2.42		1.98

Inventories

Inventories	6 Months Ended
Inventories	Jun. 30, 2014
Inventories	'
	Note 4. Inventories

	Inventories are stated at the lower of cost or market. Cost is determined using FIFO or the weighted average cost method. Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs. In accordance with industry practice, costs in inventory include amounts relating to long-term contracts with long production cycles and inventory items with long procurement cycles, some of which are not expected to be realized within one year. Work-in-process inventories include costs and estimated earnings in excess of billings on uncompleted contracts of $127.7 and $107.5 and excess over average costs on long-term contracts of $263.0 and $213.4 as of June 30, 2014 and December 31, 2013, respectively. Finished goods inventories primarily consist of aerospace fasteners. Inventory reserves were approximately $70.7 and $64.4 as of June 30, 2014 and December 31, 2013, respectively. Inventories, net of reserves, consist of the following:


		30-Jun-14		31-Dec-13
	Purchased materials and component parts	$	304.2	$	243.4
	Work-in-process		555.9		484
	Finished goods		1,273.00		1,216.40
		$	2,133.10	$	1,943.80

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	6 Months Ended
Goodwill and Intangible Assets	Jun. 30, 2014
Goodwill and Intangible Assets	'
	Note 5. Goodwill and Intangible Assets

	The table below sets forth the intangible assets by major asset class, all of which were acquired through business purchase transactions:

				30-Jun-14
		Useful						Net
		Life		Original		Accumulated		Book
		(Years)		Cost		Amortization		Value
	Customer contracts and relationships		30-Aug	$	549.7	$	99.1	$	450.6
	Acquired technologies		May-34		141.4		57.1		84.3
	Replacement parts annuity and product approvals		22-Jul		7.8		6.3		1.5
	Technical qualifications, plans and drawings		22-Oct		17.7		15.2		2.5
	Trademarks and patents		20-Mar		23.9		16		7.9
	Covenants not to compete and other identified intangibles		5-Apr		39.7		3.5		36.2
	Trade names	15 - Indefinite			84.1		1		83.1
				$	864.3	$	198.2	$	666.1

	Amortization expense associated with identifiable intangible assets was approximately $10.6 and $7.4 for the three month periods ended June 30, 2014 and 2013, respectively, and $19.7 and $15.1 for the six month periods ended June 30, 2014 and 2013, respectively. The Company currently expects to recognize amortization expense of approximately $50 in each of the next five fiscal years. The future amortization amounts are estimates. Actual future amortization expense may be different due to future acquisitions, impairments, changes in amortization periods or other factors such as changes in exchange rates for assets acquired outside the United States. The Company expenses costs to renew or extend the term of a recognized intangible asset. Goodwill increased approximately $726 during the six months ended June 30, 2014, primarily as a result of our preliminary estimate of goodwill associated with acquisitions completed in 2013 and 2014.

LongTerm_Debt

Long-Term Debt	6 Months Ended
Long-Term Debt	Jun. 30, 2014
Long-Term Debt	'
	Note 6. Long-Term Debt

	As of June 30, 2014, long-term debt consisted of $1,300.0 aggregate principal amount ($1,313.1 inclusive of original issue premium) of its 5.25% Notes, which had an effective yield of approximately 5.0%, and $650.0 aggregate principal amount ($645.9 net of original issue discount) of 6.875% senior unsecured notes due 2020 (the “6.875% Notes). The Company also has a $1,400.0 revolving credit facility pursuant to Amendment No.1 to the Second Amended and Restated Credit Agreement dated as of June 26, 2014 (the “Revolving Credit Facility”), $668.0 of which was drawn at June 30, 2014. The amendment to increase the size of the Revolving Credit Facility from $950.0 to $1,400.0 did not change any other material terms under the agreement. The Revolving Credit Facility matures in August 2017 unless terminated earlier.

	Borrowings under the Revolving Credit Facility bear interest at an annual rate equal to the London interbank offered rate (“LIBOR”) (as defined in the Revolving Credit Facility) plus 175 basis points or Prime (as defined in the Revolving Credit Facility) plus 75 basis points. As of June 30, 2014, the rate under the Revolving Credit Facility was approximately 1.93%.

	Letters of credit outstanding under the Revolving Credit Facility aggregated $8.2 at June 30, 2014 ($6.1 at December 31, 2013).

	The Revolving Credit Facility contains an interest coverage ratio financial covenant (as defined therein) that must be maintained at a level greater than 2.0 to 1 and a total leverage ratio covenant (as defined therein) which limits net debt to a 4.25 to 1 multiple of EBITDA (as defined therein). The Revolving Credit Facility is collateralized by substantially all of the Company’s assets and contains customary affirmative covenants, negative covenants and conditions precedent for borrowings, all of which were met as of June 30, 2014.

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2014
Fair Value Measurements	'
	Note 7. Fair Value Measurements

	All short-term financial instruments are generally carried at amounts that approximate estimated fair value. The fair value is the price at which an asset could be exchanged in a current transaction between knowledgeable, willing parties. Assets measured at fair value are categorized based upon the lowest level of significant input to the valuations.

	Level 1 – quoted prices in active markets for identical assets and liabilities.

	Level 2 – quoted prices for identical assets and liabilities in markets that are not active, or observable inputs other than quoted prices in active markets for identical assets and liabilities.

	Level 3 – unobservable inputs in which there is little or no market data available, which require the reporting entity to develop its own assumptions.

	The carrying amounts of cash and cash equivalents (which the Company classifies as Level 1 assets), accounts receivable – trade and accounts payable represent their respective fair values due to their short- term nature. There was $668.0 outstanding under the Revolving Credit Facility as of June 30, 2014 (none at December 31, 2013). The fair value of the Company’s senior notes, based on market prices for publicly-traded debt (which the Company classifies as Level 2 inputs), was $2,120.7 and $2,058.5 as of June 30, 2014 and December 31, 2013, respectively. There are no financial instruments with Level 3 inputs at any date.

Commitments_Contingencies_and_

Commitments, Contingencies and Off-Balance Sheet Arrangements	6 Months Ended
	Jun. 30, 2014
Commitments, Contingencies and Off-Balance Sheet Arrangements	'
	Note 8. Commitments, Contingencies and Off-Balance Sheet Arrangements

	Lease Commitments – The Company finances its use of certain facilities and equipment under committed lease arrangements provided by various institutions. Since the terms of these arrangements meet the accounting definition of operating lease arrangements, the aggregate sum of future minimum lease payments is not reflected on the condensed consolidated balance sheets. At June 30, 2014, future minimum lease payments under these arrangements approximated $331.6, the majority of which related to long-term real estate leases.

	Litigation – The Company is a defendant in various legal actions arising in the normal course of business, the outcomes of which, in the opinion of management, neither individually nor in the aggregate, are likely to result in a material adverse effect on the Company’s condensed consolidated financial statements.

	Indemnities, Commitments and Guarantees – During its normal course of business, the Company has made certain indemnities, commitments and guarantees under which it may be required to make payments in relation to certain transactions. These indemnities include non-infringement of patents and intellectual property indemnities to the Company’s customers in connection with the delivery, design, manufacture and sale of its products, indemnities to various lessors in connection with facility leases for certain claims arising from such facility or lease, and indemnities to other parties to certain acquisition agreements. The duration of these indemnities, commitments and guarantees varies, and in certain cases is indefinite. Many of these indemnities, commitments and guarantees provide for limitations on the maximum potential future payments the Company could be obligated to make. However, the Company is unable to estimate the maximum amount of liability related to its indemnities, commitments and guarantees because such liabilities are contingent upon the occurrence of events that are not reasonably determinable. Management believes that any liability for these indemnities, commitments and guarantees would not be material to the accompanying condensed consolidated financial statements. Accordingly, no significant amounts have been accrued for indemnities, commitments and guarantees.

	Product Warranty Costs – Estimated costs related to product warranties are accrued at the time products are sold. In estimating its future warranty obligations, the Company considers various relevant factors, including the Company’s stated warranty policies and practices, the historical frequency of claims and the cost to replace or repair its products under warranty.

Accounting_for_StockBased_Comp

Accounting for Stock-Based Compensation	6 Months Ended
Accounting for Stock-Based Compensation	Jun. 30, 2014
Accounting for Stock-Based Compensation	'
	Note 9. Accounting for Stock-Based Compensation

	The Company has a Long Term Incentive Plan (“LTIP”) under which the Company’s Compensation Committee has the authority to grant stock options, stock appreciation rights, restricted stock, restricted stock units or other forms of equity-based or equity-related awards.

	Compensation cost generally is recognized on a straight-line basis over the vesting period of the shares. Share-based compensation of $7.0 and $13.4, and $5.6 and $11.1 was recognized during the three and six month periods ended June 30, 2014 and 2013, respectively, related to the equity grants made pursuant to the LTIP. Unrecognized compensation expense related to equity grants, including the estimated impact of any future forfeitures, was $53.8 at June 30, 2014.

	The Company has established a qualified Employee Stock Purchase Plan which allows qualified employees (as defined in the Employee Stock Purchase Plan) to purchase shares of the Company’s common stock at a price equal to 85% of the closing price at the end of each semi-annual stock purchase period. Compensation cost for this plan was not material to any of the periods presented.

Segment_Reporting

Segment Reporting	6 Months Ended
Segment Reporting	Jun. 30, 2014
Segment Reporting	'
	Note 10. Segment Reporting

	The Company is organized based on the products and services it offers. The Company’s reportable segments, which are also its operating segments, are comprised of commercial aircraft, consumables management and business jet. The Company is currently evaluating the appropriate structure and reporting classification of its business segments and reporting units in light of the Company’s announcement of its intention to spin-off its consumables management segment and depending on the results of this evaluation our reportable segments and reporting units may change in the future.

	The Company evaluates segment performance based on segment operating earnings or losses. Each segment regularly reports its results of operations and makes requests for capital expenditures and acquisition funding to the Company’s chief operating decision-making group. This group is comprised of the Chairman and Co-Chief Executive Officer, the President and Co-Chief Executive Officer, and the Senior Vice President and Chief Financial Officer. Each operating segment has separate management teams and infrastructures dedicated to providing a full range of products and services to their commercial, business jet, military, MRO, aircraft leasing, aircraft manufacturing and logistics customers.

	The Company has not included product line information due to the similarity of commercial aircraft segment product offerings and the impracticality of determining such information and the similarity of the product offerings and services for the consumables management segment.

		The following table presents revenues and operating earnings by reportable segment:

			THREE MONTHS ENDED				SIX MONTHS ENDED
			JUNE 30,				JUNE 30,
			2014		2013		2014		2013
	Revenues
	Commercial aircraft		$	541.1	$	431.2	$	1,064.50	$	851.2
	Consumables management			426.7		312.7		793.3		639.4
	Business jet			121.7		106.4		242.9		201.9
			$	1,089.50	$	850.3	$	2,100.70	$	1,692.50

	Operating earnings (1)
	Commercial aircraft		$	98.3	$	79.7	$	191.4	$	153.9
	Consumables management			71.1		61.3		139.9		126.1
	Business jet			15.9		17.7		37		32.3
				185.3		158.7		368.3		312.3
	Interest expense			31.7		30.5		62.3		61.1
	Earnings before income taxes		$	153.6	$	128.2	$	306	$	251.2

		-1	Operating earnings include an allocation of corporate IT costs, employee benefits and general and administrative costs based on the proportion of each segment’s systems users, number of employees and sales, respectively.

	The following table presents capital expenditures by reportable segment:

			THREE MONTHS ENDED				SIX MONTHS ENDED
			JUNE 30,				JUNE 30,
			2014		2013		2014		2013

	Commercial aircraft		$	21.2	$	18.3	$	47.6	$	42.3
	Consumables management			37.4		9.2		61		18.9
	Business jet			7.9		3.1		14.1		6.6
			$	66.5	$	30.6	$	122.7	$	67.8

	Corporate capital expenditures have been allocated to the above segments in a manner consistent with our corporate expense allocations.

		The following table presents goodwill by reportable segment:

			June 30,		December 31,
			2014		2013

	Commercial aircraft		$	395.3	$	394.6
	Consumables management			1,415.60		1,086.50
	Business jet			486.2		89.9
			$	2,297.10	$	1,571.00

	The following table presents total assets by reportable segment:

			June 30,		December 31,
			2014		2013

	Commercial aircraft		$	1,952.20	$	2,016.50
	Consumables management			3,866.70		3,212.80
	Business jet			1,029.50		466.9
			$	6,848.40	$	5,696.20

	Corporate assets (including cash and cash equivalents) of $378.3 and $736.8 at June 30, 2014 and December 31, 2013, respectively, have been allocated to the above segments in a manner consistent with our corporate expense allocations.

Net_Earnings_Per_Common_Share

Net Earnings Per Common Share	6 Months Ended
Net Earnings Per Common Share	Jun. 30, 2014
Net Earnings Per Common Share	'
	Note 11. Net Earnings Per Common Share

	Basic net earnings per common share is computed using the weighted average common shares outstanding during the period. Diluted net earnings per common share is computed by using the weighted average common shares outstanding including the dilutive effect of stock options, shares issued under the Employee Stock Purchase Plan and restricted shares based on an average share price during the period. For the three month periods ended June 30, 2014 and 2013, approximately 0.0 and 0.1 shares and for the six month periods ended June 30, 2014 and 2013, approximately 0.0 and 0.1 shares of the Company’s common stock, respectively, were excluded from the determination of diluted earnings per common share because their effect would have been anti-dilutive. The computations of basic and diluted earnings per share for the three and six months ended June 30, 2014 and 2013, respectively, are as follows:

		THREE MONTHS ENDED				SIX MONTHS ENDED
		JUNE 30,				JUNE 30,
		2014		2013		2014		2013
	Net earnings	$	108.6	$	92.4	$	217.6	$	182.3

	Basic weighted average common shares		103.9		103.1		103.9		103.1
	Effect of dilutive stock options and
	employee stock purchase plan shares		0.1		0.1		0.1		0.1
	Effect of restricted shares issued		0.5		0.7		0.4		0.6
	Diluted weighted average common shares		104.5		103.9		104.4		103.8

	Basic net earnings per common share	$	1.05	$	0.9	$	2.09	$	1.77
	Diluted net earnings per common share	$	1.04	$	0.89	$	2.08	$	1.76

Accounting_for_Uncertainty_in_

Accounting for Uncertainty in Income Taxes	6 Months Ended
Accounting for Uncertainty in Income Taxes	Jun. 30, 2014
Accounting for Uncertainty in Income Taxes	'
	Note 12. Accounting for Uncertainty in Income Taxes

	In accordance with FASB ASC 740, Income Taxes (“ASC 740”), the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. As of June 30, 2014 and December 31, 2013, the Company had $46.8 and $45.0, respectively, of net unrecognized tax benefits. This liability, if recognized, would affect the Company’s effective tax rate. The Company is currently open to audit by the tax authorities for the seven tax years ended December 31, 2013. There are currently no material income tax audits in progress.

	The Company classifies interest and penalties related to income tax as income tax expense. The amount included in the Company’s liability for unrecognized tax benefits for interest and penalties was less than $2.0 as of June 30, 2014 and December 31, 2013.

Pending_Separation_Transaction

Pending Separation Transaction	6 Months Ended
Pending Separation Transaction	Jun. 30, 2014
Pending Separation Transaction	'
	Note 13. Pending Separation Transaction

	On June 10, 2014, the Company announced that its management and Board of Directors has commenced a process to separate its business into two independent, publicly traded companies – one focused on aircraft interior equipment – design, development, manufacturing, certification and direct sales on a global basis, and the other focused on distribution, logistics and technical services for the aerospace and energy markets. The separation is expected to be completed by the end of the first calendar quarter of 2015 through a tax-free distribution to stockholders. Completion of the proposed separation is subject to certain conditions, including final approval by the Board of Directors, receipt of an appropriate tax opinion and effectiveness of a registration statement with the SEC.

	The Company expects to incur transaction expenses, which will likely be material. These expenses are expected to be comprised of a number of different costs such as debt refinancing costs, investment banking fees, legal fees, consulting fees, audit fees, restructuring costs, moving expenses, branding expenses, severance expense and other similar costs. We are currently not able to reasonably determine an estimate for the aforementioned costs given the preliminary stage of the initiative.

Business_Combinations_Tables

Business Combinations (Tables)	6 Months Ended
Business Combinations (Tables)	Jun. 30, 2014
Consolidated Unaudited Pro Forma Revenues, Net Earnings and Diluted Net Earnings Per Share	'
	Consolidated unaudited pro forma revenues, net earnings, and diluted net earnings per share for the three and six month periods ended June 30, 2014 and 2013, respectively, giving effect to all acquisitions as if they had occurred on January 1, 2013 were as follows:

		THREE MONTHS ENDED						SIX MONTHS ENDED
		June 30,			June 30,			June 30,		June 30,
		2014			2013			2014		2013
		Pro forma			Pro forma			Pro forma		Pro forma
	Revenues	$	1,138.00		$	974		$	2,247.30	$	1,932.30
	Net earnings		122.4			105.1			252.4		205.1
	Diluted net earnings per share		1.17			1.01			2.42		1.98
Energy Services	'
Preliminary Estimates of Fair Values of Assets Acquired and Liabilities Assumed	'
	The following table summarizes the current estimates of fair values of assets acquired and liabilities assumed in the Energy Services Acquisitions in accordance with ASC 805, which are currently recorded based on management’s estimates as follows:

		2014			2013
	Accounts receivable-trade	$	36.8		$	10.9
	Inventories		1.7			3.9
	Other current and non-current assets		2.5			0.2
	Property and equipment		141.5			34.3
	Goodwill		333.1			54.7
	Identified intangibles		109			20.5
	Accounts payable		(6.8	)		(9.9	)
	Other current and non-current liabilities		(106.2	)		(0.6	)
	Total purchase price	$	511.6		$	114
Manufacturing	'
Preliminary Estimates of Fair Values of Assets Acquired and Liabilities Assumed	'
	The following table summarizes the current estimates of fair values of assets acquired and liabilities assumed in the Manufacturing Acquisitions in accordance with ASC 805, which are currently recorded based on management’s estimates as follows:

		Domestic			Foreign
	Accounts receivable-trade	$	12.5		$	12.8
	Inventories		17.3			8
	Other current and non-current assets		1.3			0.5
	Property and equipment		6.6			5.6
	Goodwill		185			209.7
	Identified intangibles		46.3			54.1
	Accounts payable		(4.3	)		(3.7	)
	Other current and non-current liabilities		(8.4	)		(11.7	)
	Total purchase price	$	256.3		$	275.3

Inventories_Tables

Inventories (Tables)	6 Months Ended
Inventories (Tables)	Jun. 30, 2014
Inventories	'
	Inventories, net of reserves, consist of the following:


		30-Jun-14		31-Dec-13
	Purchased materials and component parts	$	304.2	$	243.4
	Work-in-process		555.9		484
	Finished goods		1,273.00		1,216.40
		$	2,133.10	$	1,943.80

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	6 Months Ended
Goodwill and Intangible Assets (Tables)	Jun. 30, 2014
Intangible Assets by Major Asset Class	'
	The table below sets forth the intangible assets by major asset class, all of which were acquired through business purchase transactions:

				30-Jun-14
		Useful						Net
		Life		Original		Accumulated		Book
		(Years)		Cost		Amortization		Value
	Customer contracts and relationships		30-Aug	$	549.7	$	99.1	$	450.6
	Acquired technologies		May-34		141.4		57.1		84.3
	Replacement parts annuity and product approvals		22-Jul		7.8		6.3		1.5
	Technical qualifications, plans and drawings		22-Oct		17.7		15.2		2.5
	Trademarks and patents		20-Mar		23.9		16		7.9
	Covenants not to compete and other identified intangibles		5-Apr		39.7		3.5		36.2
	Trade names	15 - Indefinite			84.1		1		83.1
				$	864.3	$	198.2	$	666.1

Segment_Reporting_Tables

Segment Reporting (Tables)	6 Months Ended
Segment Reporting (Tables)	Jun. 30, 2014
Revenues and Operating Earnings by Reportable Segment	'
		The following table presents revenues and operating earnings by reportable segment:

			THREE MONTHS ENDED				SIX MONTHS ENDED
			JUNE 30,				JUNE 30,
			2014		2013		2014		2013
	Revenues
	Commercial aircraft		$	541.1	$	431.2	$	1,064.50	$	851.2
	Consumables management			426.7		312.7		793.3		639.4
	Business jet			121.7		106.4		242.9		201.9
			$	1,089.50	$	850.3	$	2,100.70	$	1,692.50

	Operating earnings (1)
	Commercial aircraft		$	98.3	$	79.7	$	191.4	$	153.9
	Consumables management			71.1		61.3		139.9		126.1
	Business jet			15.9		17.7		37		32.3
				185.3		158.7		368.3		312.3
	Interest expense			31.7		30.5		62.3		61.1
	Earnings before income taxes		$	153.6	$	128.2	$	306	$	251.2

		-1	Operating earnings include an allocation of corporate IT costs, employee benefits and general and administrative costs based on the proportion of each segment’s systems users, number of employees and sales, respectively.
Capital Expenditures by Reportable Segment	'
	The following table presents capital expenditures by reportable segment:

			THREE MONTHS ENDED				SIX MONTHS ENDED
			JUNE 30,				JUNE 30,
			2014		2013		2014		2013

	Commercial aircraft		$	21.2	$	18.3	$	47.6	$	42.3
	Consumables management			37.4		9.2		61		18.9
	Business jet			7.9		3.1		14.1		6.6
			$	66.5	$	30.6	$	122.7	$	67.8
Goodwill by Reportable Segment	'
		The following table presents goodwill by reportable segment:

			June 30,		December 31,
			2014		2013

	Commercial aircraft		$	395.3	$	394.6
	Consumables management			1,415.60		1,086.50
	Business jet			486.2		89.9
			$	2,297.10	$	1,571.00
Total Assets by Reportable Segment	'
	The following table presents total assets by reportable segment:

			June 30,		December 31,
			2014		2013

	Commercial aircraft		$	1,952.20	$	2,016.50
	Consumables management			3,866.70		3,212.80
	Business jet			1,029.50		466.9
			$	6,848.40	$	5,696.20

Net_Earnings_Per_Common_Share_

Net Earnings Per Common Share (Tables)	6 Months Ended
Net Earnings Per Common Share (Tables)	Jun. 30, 2014
Computations of Basic and Diluted Earnings Per Share	'
	The computations of basic and diluted earnings per share for the three and six months ended June 30, 2014 and 2013, respectively, are as follows:

		THREE MONTHS ENDED				SIX MONTHS ENDED
		JUNE 30,				JUNE 30,
		2014		2013		2014		2013
	Net earnings	$	108.6	$	92.4	$	217.6	$	182.3

	Basic weighted average common shares		103.9		103.1		103.9		103.1
	Effect of dilutive stock options and
	employee stock purchase plan shares		0.1		0.1		0.1		0.1
	Effect of restricted shares issued		0.5		0.7		0.4		0.6
	Diluted weighted average common shares		104.5		103.9		104.4		103.8

	Basic net earnings per common share	$	1.05	$	0.9	$	2.09	$	1.77
	Diluted net earnings per common share	$	1.04	$	0.89	$	2.08	$	1.76

Business_Combinations_Addition

Business Combinations - Additional Information (Detail) (USD $)

6 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

3 Months Ended

In Millions, unless otherwise specified

Jun. 30, 2014

Jun. 30, 2013

Apr. 30, 2014

Jun. 30, 2014

Jan. 31, 2014

Feb. 28, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Vision Oil Tools, LLC

LT Energy Services

Wildcat Wireline LLC

Eagle Ford and Permian basins

Marcellus/Utica basin

Energy Services

EMTEQ, Inc.

F+E Fischer + Entwicklungen GmbH and Co. KG

Smaller business

Manufacturing

Entity

Business Acquisition [Line Items]

Cash paid for business acquisition

$140

$102.50

$153.40

$70.70

$45

$114

Additional cash payment for business acquisition

Number of acquisitions

Recorded liability, amount

Purchase price, net of cash acquired

1,042.70

3.5

256.3

212.3

Acquisitions revenues

$90.40

$134.90

$10.70

Preliminary_Estimates_of_Fair_

Preliminary Estimates of Fair Values of Assets Acquired and Liabilities Assumed (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Business Combination, Separately Recognized Transactions [Line Items]	'	'
Goodwill	$2,297.10	$1,571
Energy Services	'	'
Business Combination, Separately Recognized Transactions [Line Items]	'	'
Accounts receivable-trade	36.8	10.9
Inventories	1.7	3.9
Other current and non-current assets	2.5	0.2
Property and equipment	141.5	34.3
Goodwill	333.1	54.7
Identified intangibles	109	20.5
Accounts payable	-6.8	-9.9
Other current and non-current liabilities	-106.2	-0.6
Total purchase price	511.6	114
Manufacturing \| Domestic	'	'
Business Combination, Separately Recognized Transactions [Line Items]	'	'
Accounts receivable-trade	12.5	'
Inventories	17.3	'
Other current and non-current assets	1.3	'
Property and equipment	6.6	'
Goodwill	185	'
Identified intangibles	46.3	'
Accounts payable	-4.3	'
Other current and non-current liabilities	-8.4	'
Total purchase price	256.3	'
Manufacturing \| Foreign	'	'
Business Combination, Separately Recognized Transactions [Line Items]	'	'
Accounts receivable-trade	12.8	'
Inventories	8	'
Other current and non-current assets	0.5	'
Property and equipment	5.6	'
Goodwill	209.7	'
Identified intangibles	54.1	'
Accounts payable	-3.7	'
Other current and non-current liabilities	-11.7	'
Total purchase price	$275.30	'

Consolidated_Unaudited_Pro_For

Consolidated Unaudited Pro Forma Revenues, Net Earnings and Diluted Net Earnings Per Share (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Business Acquisition [Line Items]	'	'	'	'
Revenues	$1,138	$974	$2,247.30	$1,932.30
Net earnings	$122.40	$105.10	$252.40	$205.10
Diluted net earnings per share	$1.17	$1.01	$2.42	$1.98

Inventories_Additional_Informa

Inventories - Additional Information (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Inventory [Line Items]	'	'
Inventory reserves	$70.70	$64.40
Work-in-process inventories	'	'
Inventory [Line Items]	'	'
Costs and estimated earnings in excess of billings on uncompleted contracts	127.7	107.5
Excess over average costs on long-term contracts	$263	$213.40

Inventories_Detail

Inventories (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Inventory [Line Items]	'	'
Purchased materials and component parts	$304.20	$243.40
Work-in-process	555.9	484
Finished goods	1,273	1,216.40
Inventories	$2,133.10	$1,943.80

Intangible_Assets_by_Major_Ass

Intangible Assets by Major Asset Class (Detail) (USD $)

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

In Millions, unless otherwise specified

Customer contracts and relationships

Acquired technologies

Replacement parts annuity and product approvals

Technical qualifications, plans and drawings

Trademarks and patents

Covenants not to compete and other identified intangibles

Trade names

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Goodwill and Intangible Assets Disclosure [Line Items]

Intangible assets, original cost

$864.30

Useful life (years)

'Indefinite

Finite lived intangible assets, original cost

549.7

141.4

7.8

17.7

23.9

39.7

84.1

Accumulated Amortization

198.2

179.8

99.1

57.1

6.3

15.2

3.5

Intangible assets, net book value

666.1

472.2

Finite lived intangible assets, net book value

$450.60

$84.30

$1.50

$2.50

$7.90

$36.20

$83.10

Useful life (years)

'8 years

'30 years

'5 years

'34 years

'7 years

'22 years

'10 years

'22 years

'3 years

'20 years

'4 years

'5 years

'15 years

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Line Items]	'	'	'	'
Amortization expense on identifiable intangible assets	$10.60	$7.40	$19.70	$15.10
Expected amortization expenses in year one	50	'	50	'
Expected amortization expenses in year two	50	'	50	'
Expected amortization expenses in year three	50	'	50	'
Expected amortization expenses in year four	50	'	50	'
Expected amortization expenses in year five	50	'	50	'
Goodwill increase during period	'	'	$726	'

LongTerm_Debt_Additional_Infor

Long-Term Debt - Additional Information (Detail) (USD $)

6 Months Ended

3 Months Ended

In Millions, unless otherwise specified

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

London Interbank Offered Rate (LIBOR)

Prime Rate

Revolving Credit Facility

Covenant Requirement

Senior Unsecured Notes 5.25 Percent

Senior Unsecured Notes 5.0 percent

Senior Unsecured Notes 6.875 Percent Due 2020

Amendment No.1

Before Amendment

Minimum

Maximum

Debt Instrument [Line Items]

Senior notes, aggregate principal amount

$1,300

$650

Debt, interest rate

5.25%

5.00%

6.88%

Senior notes, net of original issue discount or premiums

1,313.10

645.9

Debt, due date

'2017

'2020

Revolving credit facility

1,400

950

Borrowings on line of credit

668

Revolving credit facility, interest rate, additional rate

1.75%

0.75%

Revolving credit facility agreement

'Borrowings under the Revolving Credit Facility bear interest at an annual rate equal to the London interbank offered rate ("LIBOR") (as defined in the Revolving Credit Facility) plus 175 basis points or Prime (as defined in the Revolving Credit Facility) plus 75 basis points.

Revolving credit facility, average interest rate

1.93%

Outstanding letter of credit amount

$8.20

$6.10

Interest coverage ratio

200.00%

Total leverage ratio

425.00%

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Revolving credit facility, amount outstanding	$668	$0
Fair Value, Inputs, Level 2 \| Senior Unsecured Notes	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Senior unsecured notes, fair value	$2,120.70	$2,058.50

Commitments_Contingencies_and_1

Commitments, Contingencies and Off-Balance Sheet Arrangements - Additional Information (Detail) (USD $)	Jun. 30, 2014
In Millions, unless otherwise specified	Jun. 30, 2014
Commitments and Contingencies Disclosure [Line Items]	'
Operating lease, future minimum lease payments	$331.60

Accounting_for_StockBased_Comp1

Accounting for Stock-Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Percentage of discounted closing price for Employee Stock Purchase Plan	'	'	85.00%	'
Long Term Incentive Plans	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Share based compensation	$7	$5.60	$13.40	$11.10
Unrecognized compensation cost	$53.80	'	$53.80	'

Revenues_and_Operating_Earning

Revenues and Operating Earnings by Reportable Segment (Detail) (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Segment Reporting, Revenue Reconciling Item [Line Items]	'		'		'		'
Revenues	$1,089.50		$850.30		$2,100.70		$1,692.50
Operating earnings	185.3	[1]	158.7	[1]	368.3	[1]	312.3	[1]
Interest expense	31.7		30.5		62.3		61.1
Earnings before income taxes	153.6		128.2		306		251.2
Commercial Aircraft	'		'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'		'		'		'
Revenues	541.1		431.2		1,064.50		851.2
Operating earnings	98.3		79.7		191.4		153.9
Consumables Management	'		'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'		'		'		'
Revenues	426.7		312.7		793.3		639.4
Operating earnings	71.1		61.3		139.9		126.1
Business Jet	'		'		'		'
Segment Reporting, Revenue Reconciling Item [Line Items]	'		'		'		'
Revenues	121.7		106.4		242.9		201.9
Operating earnings	$15.90		$17.70		$37		$32.30

[1]	Operating earnings include an allocation of corporate IT costs, employee benefits and general and administrative costs based on the proportion of each segment's systems users, number of employees and sales, respectively.

Capital_Expenditures_by_Report

Capital Expenditures by Reportable Segment (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Property, Plant and Equipment [Line Items]	'	'	'	'
Capital expenditures	$66.50	$30.60	$122.70	$67.80
Commercial Aircraft	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'
Capital expenditures	21.2	18.3	47.6	42.3
Consumables Management	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'
Capital expenditures	37.4	9.2	61	18.9
Business Jet	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'
Capital expenditures	$7.90	$3.10	$14.10	$6.60

Goodwill_by_Reportable_Segment

Goodwill by Reportable Segment (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Goodwill [Line Items]	'	'
Goodwill	$2,297.10	$1,571
Commercial Aircraft	'	'
Goodwill [Line Items]	'	'
Goodwill	395.3	394.6
Consumables Management	'	'
Goodwill [Line Items]	'	'
Goodwill	1,415.60	1,086.50
Business Jet	'	'
Goodwill [Line Items]	'	'
Goodwill	$486.20	$89.90

Total_Assets_by_Reportable_Seg

Total Assets by Reportable Segment (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Total assets	$6,848.40	$5,696.20
Commercial Aircraft	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Total assets	1,952.20	2,016.50
Consumables Management	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Total assets	3,866.70	3,212.80
Business Jet	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Total assets	$1,029.50	$466.90

Segment_Reporting_Additional_I

Segment Reporting - Additional Information (Detail) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'
Total assets	$6,848.40	$5,696.20
Corporate, Non-Segment	'	'
Segment Reporting Information [Line Items]	'	'
Total assets	$378.30	$736.80

Net_Earnings_Per_Common_Share_1

Net Earnings Per Common Share - Additional Information (Detail)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share Disclosure [Line Items]	'	'	'	'
Anti-dilutive securities excluded from determination of diluted earnings per common share	0	0.1	0	0.1

Computations_of_Basic_and_Dilu

Computations of Basic and Diluted Earnings Per Share (Detail) (USD $)	3 Months Ended		6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share Disclosure [Line Items]	'	'	'	'
Net earnings	$108.60	$92.40	$217.60	$182.30
Basic weighted average common shares	103.9	103.1	103.9	103.1
Effect of dilutive stock options and employee stock purchase plan shares	0.1	0.1	0.1	0.1
Effect of restricted shares issued	0.5	0.7	0.4	0.6
Diluted weighted average common shares	104.5	103.9	104.4	103.8
Basic net earnings per common share	$1.05	$0.90	$2.09	$1.77
Diluted net earnings per common share	$1.04	$0.89	$2.08	$1.76

Accounting_for_Uncertainty_in_1

Accounting for Uncertainty in Income Taxes - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Jun. 30, 2014
Deferred Taxes Classification [Line Items]	'	'
Unrecognized tax benefits that, if recognized, would affect the effective tax rate	$45	$46.80
Number of tax years the company is currently open to audit by tax authorities	'7 years	'
Maximum	'	'
Deferred Taxes Classification [Line Items]	'	'
Liability for unrecognized tax benefits for interest and penalties	$2	$2