Condensed Consolidated Statements Of Cash Flows (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash provided (required) by operating activities:
Net income	$ 534.7	$ 327.5
Adjustments to reconcile net income to cash provided (required) by operating activities:
Depreciation	129.5	117.4
Amortization	43.9	35.6
Employee benefit plan and stock-based compensation costs	53.1	71.9
Deferred income tax provision	7.0	69.2
Unrealized loss on derivative instruments	31.8	3.7
Gain on sale of Material Handling Products	(84.3)
Other	14.4	24.3
Changes in operating assets and liabilities, net of effects of acquisitions:
Trade receivables, net	(276.2)	(218.3)
Inventories, net	(105.4)	(104.1)
Accounts payable, trade	(13.4)	4.0
Advance payments and progress billings	253.1	311.0
Income taxes	(53.2)	(58.0)
Payment of Multi Phase Meters earn-out consideration	(41.5)	(32.2)
Accrued pension and other post-retirement benefits, net	(27.3)	(53.2)
Other assets and liabilities, net	17.1	(73.6)
Cash provided by operating activities	483.3	425.2
Cash provided (required) by investing activities:
Capital expenditures	(283.7)	(237.5)
Proceeds from sale of Material Handling Products, net of cash divested	105.6
Other	8.9	2.3
Cash required by investing activities	(169.2)	(235.2)
Cash provided (required) by financing activities:
Net increase (decrease) in short-term debt	(25.3)	2.2
Net increase in commercial paper	6.6	41.0
Repayments of long-term debt	(1.9)	(136.0)
Purchase of treasury stock	(129.8)	(70.8)
Payment of Multi Phase Meters earn-out consideration	(31.0)	(25.1)
Payments related to taxes withheld on stock-based compensation	(13.0)	(17.2)
Excess tax benefits	2.2	7.7
Other	(3.7)	27.9
Cash required by financing activities	(195.9)	(170.3)
Effect of exchange rate changes on cash and cash equivalents	(5.8)	(1.6)
Increase in cash and cash equivalents	112.4	18.1
Cash and cash equivalents, beginning of period	399.1	342.1
Cash and cash equivalents, end of period	$ 511.5	$ 360.2