XML 55 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2013
Summary of Significant Accounting Policies  
Schedule of costs and estimated earnings on uncompleted contracts

 

 

 
   2013   2012  

Costs incurred on uncompleted contracts

   $ 3,767.4   $ 3,363.0  

Estimated earnings to date

     813.2     804.8  
           
​ ​ ​ ​ ​ ​ ​ ​

 

     4,580.6     4,167.8  

Less: Billings to date

     (4,517.9 )   (4,066.7 )
           
​ ​ ​ ​ ​ ​ ​ ​

 

     62.7     101.1  

Net costs and estimated earnings in excess of billings assumed in the acquisition of Clyde Union (Holdings) S.A.R.L. ("Clyde Union")

     4.2     10.0  
           
​ ​ ​ ​ ​ ​ ​ ​

Net costs and estimated earnings in excess of billings

   $ 66.9   $ 111.1  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of net billings in excess of costs and estimated earnings

 

 

 
   2013   2012  

Costs and estimated earnings in excess of billings(1)

   $ 285.3   $ 359.7  

Billings in excess of costs and estimated earnings on uncompleted contracts(2)

     (218.4 )   (248.6 )
           
​ ​ ​ ​ ​ ​ ​ ​

Net costs and estimated earnings in excess of billings

   $ 66.9   $ 111.1  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
(1)
The December 31, 2013 and 2012 balances are reported as a component of "Accounts receivable, net."

(2)
The December 31, 2013 and 2012 balances are reported as a component of "Accrued expenses."