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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The changes in the carrying value of goodwill by segment for the years ended December 31, 2012 and 2011 are as follows:
 
Communication Technologies
 
Energy
 
Engineered Systems
 
Printing & Identification
 
Total
Goodwill
$
806,983

 
$
367,459

 
$
974,972

 
$
745,609

 
$
2,895,023

Accumulated impairment loss

 

 
(70,560
)
 

 
(70,560
)
Balance at January 1, 2011
806,983

 
367,459

 
904,412

 
745,609

 
2,824,463

Acquisitions
443,088

 
257,128

 
34,048

 

 
734,264

Foreign currency translation
(45,489
)
 
(2,252
)
 
(3,040
)
 
(971
)
 
(51,752
)
Balance at December 31, 2011
1,204,582

 
622,335

 
935,420

 
744,638

 
3,506,975

Acquisitions

 
135,906

 
466,192

 

 
602,098

Purchase price adjustments
(6,998
)
 

 

 

 
(6,998
)
Foreign currency translation
6,711

 
2,396

 
1,769

 
1,699

 
12,575

Balance at December 31, 2012
$
1,204,295

 
$
760,637

 
$
1,403,381

 
$
746,337

 
$
4,114,650

 
Schedule of Intangible Assets
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:
 
December 31, 2012
 
December 31, 2011
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Amortized Intangible Assets:
 
 
 
 
 
 
 
Trademarks
$
124,129

 
$
25,364

 
$
61,997

 
$
19,717

Patents
180,427

 
105,369

 
143,796

 
98,712

Customer Intangibles
1,585,041

 
474,309

 
1,147,499

 
357,132

Unpatented Technologies
146,025

 
85,373

 
108,302

 
72,753

Drawings & Manuals
34,120

 
8,035

 
8,165

 
5,153

Distributor Relationships
72,514

 
31,650

 
72,514

 
27,852

Other
32,221

 
20,815

 
32,524

 
19,381

Total
2,174,477

 
750,915

 
1,574,797

 
600,700

Unamortized Intangible Assets:
 

 
 

 
 

 
 

Trademarks
201,858

 
 

 
210,408

 
 

Total Intangible Assets
$
2,376,335

 
$
750,915

 
$
1,785,205

 
$
600,700

Future Amortization Expense
Amortization expense for the next five years, based on current intangible balances, is estimated to be as follows:

2013
$
153,823

2014
146,820

2015
145,757

2016
141,829

2017
135,382