Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2011

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The following table provides the changes in carrying value of goodwill by segment for the six months ended June 30, 2011:

	Industrial Products			Engineered Systems		Fluid Management			Electronic Technologies		Total
Goodwill	$	1,031,658		$	819,054	$	699,232		$	977,811	$	3,527,755
Accumulated impairment loss		(99,752	)		-		(59,970	)		-		(159,722	)
Balance at January 1, 2011		931,906			819,054		639,262			977,811		3,368,033
Acquisitions							236,135					236,135
Foreign currency translation		1,257			2,747		2,587			6,046		12,637
Balance at June 30, 2011	$	933,163		$	821,801	$	877,984		$	983,857	$	3,616,805

Schedule of Intangible Assets

The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:

	June 30, 2011				December 31, 2010
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortized Intangible Assets:
Trademarks	$	86,012	$	24,241	$	74,053	$	21,330
Patents		136,114		99,900		131,975		94,632
Customer Intangibles		982,150		379,403		802,663		334,585
Unpatented Technologies		140,600		93,781		138,780		86,461
Drawings & Manuals		16,398		8,500		15,650		7,728
Distributor Relationships		73,227		26,667		73,183		24,724
Other		29,349		21,354		28,202		18,445
Total		1,463,850		653,846		1,264,506		587,905
Unamortized Intangible Assets:
Trademarks		228,654				230,922
Total Intangible Assets	$	1,692,504	$	653,846	$	1,495,428	$	587,905