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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash provided (required) by operating activities:    
Net income $ 327.5 $ 313.4
Adjustments to reconcile net income to cash provided (required) by operating activities:    
Depreciation 117.4 76.6
Amortization 35.6 22.7
Employee benefit plan and stock-based compensation costs 71.9 76.6
Deferred income tax provision 69.2 30.4
Unrealized loss on derivative instruments 3.7 13.3
Other 24.3 16.6
Changes in operating assets and liabilities, net of effects of acquisitions:    
Trade receivables, net (218.3) (191.6)
Inventories, net (104.1) (210.7)
Accounts payable, trade 4.0 (35.5)
Advance payments and progress billings 311.0 40.7
Income taxes (58.0) (36.6)
Payment of Multi Phase Meters earn-out consideration (32.2)   
Accrued pension and other post-retirement benefits, net (53.2) (47.9)
Other assets and liabilities, net (73.6) (73.2)
Cash provided (required) by operating activities 425.2 (5.2)
Cash provided (required) by investing activities:    
Capital expenditures (237.5) (282.7)
Acquisitions, net of cash and cash equivalents acquired    (328.6)
Other 2.3 (0.1)
Cash required by investing activities (235.2) (611.4)
Cash provided (required) by financing activities:    
Net increase in short-term debt 2.2 1.6
Net increase in commercial paper 41.0 105.7
Proceeds from issuance of long-term debt 28.8 1,068.8
Repayments of long-term debt (136.0) (275.0)
Purchase of treasury stock (70.8) (52.4)
Payment of Multi Phase Meters earn-out consideration (25.1)   
Payments related to taxes withheld on stock-based compensation (17.2) (34.9)
Excess tax benefits 7.7 26.1
Other (0.9) (2.7)
Cash provided (required) by financing activities (170.3) 837.2
Effect of exchange rate changes on cash and cash equivalents (1.6) 1.6
Increase in cash and cash equivalents 18.1 222.2
Cash and cash equivalents, beginning of period 342.1 344.0
Cash and cash equivalents, end of period $ 360.2 $ 566.2