15.	Segment Data

Effective October 1, 2011, the Company reorganized its businesses into four new business segments that are aligned with the key end-markets they serve: Communication Technologies, Energy, Engineered Systems and Printing & Identification.

Therefore, consistent with the requirements of segment reporting, the Company has revised its operating segments to align with the revised operating and management reporting structure. All years presented have been conformed to the current year presentation. The Company's segment reorganization is intended to provide better alignment and focus around its end-markets, allow for better leverage of its executive leadership talent and expertise, help improve the sharing and leveraging of resources within and between the four segments, enhance execution of business-specific strategies, and facilitate internal and external benchmarking against companies serving similar markets.

The Communication Technologies segment is engaged in the design and manufacture of innovative products and components in the communications, life sciences, aerospace/industrial, defense, and telecommunication/other markets. The Energy segment provides highly-engineered solutions for the safe and efficient extraction and handling of oil and gas in the drilling, production and downstream markets. The Engineered Systems segment is comprised of two platforms, Fluid Solutions and Refrigeration & Industrial, which are industry leaders in the fluids systems, refrigeration and food equipment, waste & recycling and industrial markets. The Printing & Identification segment provides integrated printing, coding, and testing solutions for the fast moving consumer goods, industrial and electronics markets.

Selected financial information by market segment is as follows:

	Years Ended December 31,
	2011			2010			2009
REVENUE:
Communication Technologies	$	1,360,077		$	1,076,012		$	916,031
Energy		1,900,749			1,303,507			998,272
Engineered Systems		3,100,735			2,786,442			2,298,581
Printing & Identification		1,592,964			1,476,830			1,133,499
Intra-segment eliminations		(4,385	)		(2,600	)		(2,052	)
Total consolidated revenue	$	7,950,140		$	6,640,191		$	5,344,331

EARNINGS FROM CONTINUING OPERATIONS:
Segment earnings:
Communication Technologies	$	226,382		$	205,215		$	142,541
Energy		450,637			316,113			211,962
Engineered Systems		445,186			382,644			280,346
Printing & Identification		226,534			237,368			78,026
Total segments		1,348,739			1,141,340			712,875
Corporate expense / other (1)		137,979			135,714			117,994
Net interest expense		115,596			106,422			100,472
Earnings from continuing operations before provision for income taxes and discontinued operations		1,095,164			899,204			494,409
Provision for taxes		248,799			208,453			120,986
Earnings from continuing operations - total consolidated	$	846,365		$	690,751		$	373,423

OPERATING MARGINS:
Segments:
Communication Technologies		16.6	%		19.1	%		15.6	%
Energy		23.7	%		24.3	%		21.2	%
Engineered Systems		14.4	%		13.7	%		12.2	%
Printing & Identification		14.2	%		16.1	%		6.9	%
Total Segments		17.0	%		17.2	%		13.3	%
Earnings from continuing operations		13.8	%		13.5	%		9.3	%

DEPRECIATION and AMORTIZATION:
Communication Technologies	$	101,839		$	72,262		$	69,393
Energy		77,819			48,842			40,349
Engineered Systems		74,776			72,526			68,992
Printing & Identification		46,148			46,302			51,532
Corporate		2,561			2,037			1,097
Consolidated total	$	303,143		$	241,969		$	231,363

CAPITAL EXPENDITURES:
Communication Technologies	$	111,402		$	41,222		$	25,339
Energy		74,953			48,916			31,662
Engineered Systems		58,610			57,476			37,612
Printing & Identification		19,524			15,623			16,989
Corporate		7,320			11,608			1,370
Consolidated total	$	271,809		$	174,845		$	112,972

(1)	Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, and various administrative expenses relating to the corporate headquarters.

TOTAL ASSETS AT DECEMBER 31:	2011		2010		2009
Communication Technologies	$	2,471,918	$	1,540,636	$	1,530,348
Energy		1,699,395		1,010,415		831,829
Engineered Systems		2,247,532		2,091,519		2,022,539
Printing & Identification		1,793,589		1,840,870		1,770,640
Corporate (principally cash and cash equivalents)		1,284,575		1,448,210		1,053,496
Total assets - continuing operations		9,497,009		7,931,650		7,208,852
Assets from discontinued operations		4,441		627,093		673,550
Consolidated total	$	9,501,450	$	8,558,743	$	7,882,402

	Revenue						Long-Lived Assets
	Years Ended December 31,						At December 31,
	2011		2010		2009		2011		2010

United States	$	4,037,670	$	3,439,201	$	2,877,770	$	571,239	$	494,323
Europe		1,348,693		1,204,676		1,074,625		184,688		139,870
Other Americas		788,844		641,990		439,457		51,788		44,855
Asia		1,502,173		1,175,484		769,430		184,160		105,629
Other		272,760		178,840		183,049		8,995		947
Consolidated total	$	7,950,140	$	6,640,191	$	5,344,331	$	1,000,870	$	785,624

Revenue is attributed to regions based on the location of the Company's customer, which in some instances is an intermediary and not necessarily the end user. Long-lived assets are comprised of net property, plant and equipment. The Company's businesses are based primarily in the United States of America and Europe. The Company's businesses serve thousands of customers, none of which accounted for more than 10% of consolidated revenue. Accordingly, it is impractical to provide revenue from external customers for each product and service sold by segment.