Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2011

Goodwill and Other Intangible Assets [Abstract]

Goodwill

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

	Industrial Products			Engineered Systems			Fluid Management			Electronic Technologies			Total
Goodwill	$	731,889		$	819,054		$	699,232		$	977,811		$	3,227,986
Accumulated impairment loss		(10,942	)		-			(59,970	)		-			(70,912	)
Balance at January 1, 2011		720,947			819,054			639,262			977,811			3,157,074
Acquisitions		-			-			274,932			480,634			755,566
Foreign currency translation		(988	)		(886	)		(621	)		(30,811	)		(33,306	)
Balance at September 30, 2011	$	719,959		$	818,168		$	913,573		$	1,427,634		$	3,879,334

Schedule of Intangible Assets

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

	September 30, 2011				December 31, 2010
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortized Intangible Assets:
Trademarks	$	63,939	$	18,830	$	41,712	$	16,664
Patents		148,941		98,465		127,106		92,171
Customer Intangibles		1,148,386		352,609		685,939		290,001
Unpatented Technologies		138,366		95,209		138,780		86,461
Drawings & Manuals		6,915		4,820		6,230		4,326
Distributor Relationships		73,187		27,576		73,183		24,724
Other		28,519		23,699		27,900		18,142
Total		1,608,253		621,208		1,100,850		532,489
Unamortized Intangible Assets:
Trademarks		227,742				230,920
Total Intangible Assets	$	1,835,995	$	621,208	$	1,331,770	$	532,489