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Company Transformation
12 Months Ended
Dec. 31, 2013
Restructuring and Related Activities [Abstract]  
Company Transformation
COMPANY TRANSFORMATION
On October 31, 2011, the Company completed the Distribution of Exelis and Xylem. In connection with activities taken to create the revised organizational structure and to complete the Distribution (referred to herein as transformation costs) we recognized pre-tax expenses of $2.2, $20.8 and $636.2, respectively, during 2013, 2012 and 2011. We have presented $2.2, $13.0, and $396.1, respectively, of the pre-tax transformation costs within income from continuing operations and the remainder within income from discontinued operations. Transformation costs incurred during 2011 primarily relate to losses on the extinguishment of debt, asset impairments, and employee retention and severance. Amounts presented within discontinued operations are costs directly related to the Distribution, primarily advisory fees and information technology costs, which provide no future benefit to the Company. Transformation-related activities were substantially complete as of December 31, 2013. See Note 4, “Discontinued Operations,” for additional information.