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Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2011
Discontinued Operations 
Components Of Income Related To Pacific Scientific Aerospace Business
     Three Months Ended     Nine Months Ended  
     September 30,
2011
     October 1,
2010
    September 30,
2011
    October 1,
2010
 

Net sales

   $ —         $ 97.3      $ 110.6      $ 275.2   

Operating expenses

     —           (77.8     (99.5     (227.8

Allocated interest expense

     —           (0.6     (0.6     (1.8
  

 

 

    

 

 

   

 

 

   

 

 

 

Income before taxes

     —           18.9        10.5        45.6   

Income tax expense

     —           (6.3     (4.0     (15.1
  

 

 

    

 

 

   

 

 

   

 

 

 

Income from discontinued operations

     —           12.6        6.5        30.5   

Gain on sale, net of $126 million of related income taxes

     —           —          201.7        —     
  

 

 

    

 

 

   

 

 

   

 

 

 

Earnings from discontinued operations, net of income taxes

   $ —         $ 12.6      $ 208.2      $ 30.5   
  

 

 

    

 

 

   

 

 

   

 

 

 
Components Of Assets And Liabilities Related To Pacific Scientific Aerospace Businesses

Accounts receivable, net

   $ 59.5   

Inventories

     45.0   

Prepaid expenses and other

     14.0   

Property, plant & equipment, net

     31.4   

Goodwill and other intangibles, net

     277.3   
  

 

 

 

Total assets

   $ 427.2   
  

 

 

 

Accounts payable

   $ 46.6   

Accrued expenses and other

     46.2   
  

 

 

 

Total liabilities

   $ 92.8