ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2013

Business Combinations [Abstract]

Estimated Fair Values of Assets Acquired and Liabilities

The following table summarizes the final assigned fair values of the assets acquired and liabilities assumed at the acquisition date.

Cash	$	3.0
Trade receivables	65.2
Inventories	58.2
Other current assets	25.5
Plants, equipment and facilities	67.9
Amortizable intangible assets	175.2
Goodwill	186.7
Deferred tax assets	1.2
Other non-current assets	5.3
Deferred tax liabilities	(52.1		)
Other current and non-current liabilities	(112.3		)
Total acquisition consideration allocation	$	423.8

Schedule of Estimated Fair Value of Intangible Assets

Intangible assets include the following:

	Estimated Fair Value		Remaining Useful Lives (Years)
Customer relationships	$	141.9	16
Technology—Structural Materials: Aerospace & Defense	$	14.3	21
Technology—Structural Materials: Other industries	$	9.2	6
Trademarks and trade names	$	9.8	8

Unaudited Pro Forma Consolidated Results of Operations

The following table reflects the unaudited pro forma consolidated results of operations as if the acquisition had taken place on January 1, 2011:

Years ended December 31,	2012		2011
Net revenue	$	1,896.2	$	1,784.2
Earnings from continuing operations	$	93.7	$	70.0
Diluted earnings per share from continuing operations	$	2.00	$	1.43

Schedule of Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the final assigned fair values of the assets acquired and liabilities assumed as of March 30, 2012:

Inventories	$	1.1
Other current assets	0.4
Plants, equipment and facility	6.5
Identifiable intangibles	1.2
Goodwill	20.8
Other, net	0.2
Total purchase price	$	30.2