Business Segment Information

6 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Business Segment Information

Diversified Industrial - This segment produces a broad range of motion-control and fluid systems and components used in all kinds of manufacturing, packaging, processing, transportation, mobile construction, refrigeration and air conditioning, agricultural and military machinery and equipment and has a significant portion of international operations. Sales are made directly to major original equipment manufacturers (OEMs) and through a broad distribution network to smaller OEMs and the aftermarket.

Aerospace Systems - This segment designs and manufactures products and provides aftermarket support for commercial, business jet, military and general aviation aircraft, missile and spacecraft markets. The Aerospace Systems Segment provides a full range of systems and components for hydraulic, pneumatic and fuel applications.

	Three Months Ended					Six Months Ended
	December 31,					December 31,
	2013			2012		2013			2012
Net sales
Diversified Industrial:
North America	$	1,325,402		$	1,317,380	$	2,713,277		$	2,742,659
International	1,276,851			1,219,459		2,547,646			2,468,032
Aerospace Systems	503,753			528,656		1,071,227			1,069,739
Total	$	3,106,006		$	3,065,495	$	6,332,150		$	6,280,430
Segment operating income
Diversified Industrial:
North America	$	200,628		$	190,431	$	434,826		$	434,506
International	134,198			125,047		307,608			281,645
Aerospace Systems	45,034			52,172		102,332			114,070
Total segment operating income	379,860			367,650		844,766			830,221
Corporate general and administrative expenses	46,819			45,401		94,029			85,168
Income before interest expense and other expense	333,041			322,249		750,737			745,053
Interest expense	20,851			24,216		41,809			47,725
Other (income) expense	(183,126		)	35,404		(110,478		)	98,641
Income before income taxes	$	495,316		$	262,629	$	819,406		$	598,687