XML 35 R47.htm IDEA: XBRL DOCUMENT v2.4.0.6
Discontinued Operations (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Operating results of discontinued operations    
Revenue $ 2,455.5 $ 4,693.2
Transformation costs 58.1 82.2
Earnings (loss) before income taxes 215.5 425.4
Income tax expense (benefit) 64.5 131.6
Income (loss) from discontinued operations 151.0 293.8
Exelis [Member]
   
Operating results of discontinued operations    
Revenue 1,484.7 2,832.1
Transformation costs 8.8 12.4
Earnings (loss) before income taxes 122.7 256.6
Income tax expense (benefit) 45.1 89.7
Income (loss) from discontinued operations 77.6 166.9
Xylem [Member]
   
Operating results of discontinued operations    
Revenue 970.8 1,861.1
Transformation costs 17.6 20.9
Earnings (loss) before income taxes 125.6 221.8
Income tax expense (benefit) 26.7 56.8
Income (loss) from discontinued operations 98.9 164.9
Other [Member]
   
Operating results of discontinued operations    
Transformation costs 31.7 [1] 48.9 [1]
Earnings (loss) before income taxes (32.8) [1] (53.0) [1]
Income tax expense (benefit) (7.3) [1] (14.9) [1]
Income (loss) from discontinued operations $ (25.5) [1] $ (38.0) [1]
[1] Amounts presented in the "Other" column within the tables above relate to various divested ITT businesses accounted for as discontinued operations in the year of divestiture for which legacy liabilities remain, as well as certain Transformation costs which were directly related to the Distribution that provide no future benefit to the Company. See Note 3, "Company Transformation" for further information.