XML 42 R53.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Borrowings (Additional Information) (Detail) (USD $) | 3 Months Ended |  |
--- | --- | --- | ---
Mar. 31, 2015 covenant | Dec. 31, 2014 | Dec. 31, 2011
Line of Credit Facility [Line Items] |  |  |
Revolving facility principal amount | $ 700,000,000.0 us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod |  |
Revolving facility expiration date | Jun. 27, 2016 |  |
Notes payable and current portion of long-term borrowings | 908,213,000 us-gaap_LongTermDebt | 863,952,000 us-gaap_LongTermDebt |
Number of financial covenants | 2 iex_NumberofFinancialCovenants |  |
2.58% Senior Euro Notes, due June 2015 |  |  |
Line of Credit Facility [Line Items] |  |  |
Stated interest rate | 2.58%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = iex_SeniorEuroNotesMember |  |
4.5% Senior Notes, due December 2020 |  |  |
Line of Credit Facility [Line Items] |  |  |
Stated interest rate | 4.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = iex_FourPointFivePercentageSeniorNotesMember |  | 4.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = iex_FourPointFivePercentageSeniorNotesMember
4.2% Senior Notes, due December 2021 |  |  |
Line of Credit Facility [Line Items] |  |  |
Stated interest rate | 4.20%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = iex_FourPointTwoPercentageSeniorNotesMember |  | 4.20%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = iex_FourPointTwoPercentageSeniorNotesMember
Minimum | Other borrowings |  |  |
Line of Credit Facility [Line Items] |  |  |
Stated interest rate | 0.20%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = iex_OtherBorrowingsMember / us-gaap_RangeAxis = us-gaap_MinimumMember |  |
Minimum | 2.58% Senior Euro Notes, due June 2015 |  |  |
Line of Credit Facility [Line Items] |  |  |
Interest coverage ratio | 3.0 iex_InterestCoverageRatio / us-gaap_LongtermDebtTypeAxis = iex_SeniorEuroNotesMember / us-gaap_RangeAxis = us-gaap_MinimumMember |  |
Maximum | Other borrowings |  |  |
Line of Credit Facility [Line Items] |  |  |
Stated interest rate | 1.30%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LongtermDebtTypeAxis = iex_OtherBorrowingsMember / us-gaap_RangeAxis = us-gaap_MaximumMember |  |
Letters Of Credit |  |  |
Line of Credit Facility [Line Items] |  |  |
Revolving facility principal amount | 75,000,000.0 us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod / us-gaap_DebtInstrumentAxis = us-gaap_StandbyLettersOfCreditMember |  |
Swing line Loans |  |  |
Line of Credit Facility [Line Items] |  |  |
Revolving facility principal amount | 25,000,000.0 us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod / us-gaap_DebtInstrumentAxis = iex_SwinglineLoansMember |  |
Revolving Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Applicable margin over LIBOR | 1.05%iex_ApplicableMarginOverLibor / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember |  |
Annual credit facility fee basis point rate spread over LIBOR | 0.20%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember |  |
Current borrowings under revolving facility | 170,000,000 iex_LineOfRevolvingFacilityAmountOutstanding / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember | 115,000,000 iex_LineOfRevolvingFacilityAmountOutstanding / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember |
Outstanding letters of credit | 7,100,000 us-gaap_LettersOfCreditOutstandingAmount / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember |  |
Revolving Facility, amount available to borrow | 522,900,000 us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember |  |
Revolving Facility | Minimum |  |  |
Line of Credit Facility [Line Items] |  |  |
Applicable margin over LIBOR | 0.875%iex_ApplicableMarginOverLibor / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember / us-gaap_RangeAxis = us-gaap_MinimumMember |  |
Revolving Facility | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
Applicable margin over LIBOR | 1.70%iex_ApplicableMarginOverLibor / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember / us-gaap_RangeAxis = us-gaap_MaximumMember |  |
Leverage ratio | 3.25 iex_LeverageRatioRequired / us-gaap_DebtInstrumentAxis = iex_RevolvingFacilityMember / us-gaap_RangeAxis = us-gaap_MaximumMember |  |
Other borrowings |  |  |
Line of Credit Facility [Line Items] |  |  |
Other borrowings | $ 1,944,000 us-gaap_OtherBorrowings / us-gaap_DebtInstrumentAxis = iex_OtherBorrowingsMember | $ 2,170,000 us-gaap_OtherBorrowings / us-gaap_DebtInstrumentAxis = iex_OtherBorrowingsMember |

X
- Definition Applicable margin over LIBOR + References No definition available. + Details
Name: | iex_ApplicableMarginOverLibor
Namespace Prefix: | iex_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Interest coverage ratio + References No definition available. + Details
Name: | iex_InterestCoverageRatio
Namespace Prefix: | iex_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Leverage ratio required + References No definition available. + Details
Name: | iex_LeverageRatioRequired
Namespace Prefix: | iex_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line Of Revolving Facility, Amount Outstanding + References No definition available. + Details
Name: | iex_LineOfRevolvingFacilityAmountOutstanding
Namespace Prefix: | iex_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of Financial Covenants + References No definition available. + Details
Name: | iex_NumberofFinancialCovenants
Namespace Prefix: | iex_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Date the credit facility terminates, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityExpirationDate1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum amount borrowed under the credit facility at any time during the period. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying amount as of the balance sheet date for the aggregate of other miscellaneous borrowings owed by the reporting entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13,16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13, 16 -Article 9 + Details
Name: | us-gaap_OtherBorrowings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iex_OtherBorrowingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iex_RevolvingFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=iex_SwinglineLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_StandbyLettersOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=iex_FourPointFivePercentageSeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=iex_FourPointTwoPercentageSeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=iex_SeniorEuroNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |