Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2019	Apr. 30, 2019
Document And Entity Information [Abstract]
Entity Registrant Name	Curtiss Wright Corporation
Entity Central Index Key	0000026324
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity common stock shares outstanding (in shares)		42,772,893
Entity Emerging Growth Company	false
Entity Small Business	false

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net sales
Net sales	$ 578,314	$ 547,522
Total net sales	578,314	547,522
Cost of sales
Total cost of sales	381,441	366,331
Gross profit	196,873	181,191
Research and development expenses	17,241	15,941
Selling expenses	31,477	31,520
General and administrative expenses	76,110	69,232
Operating income	72,045	64,498
Interest expense	(7,272)	(8,204)
Other income, net	5,478	4,683
Earnings before income taxes	70,251	60,977
Provision for income taxes	(14,658)	(17,334)
Net earnings	$ 55,593	$ 43,643
Earnings Per Share, Basic [Abstract]
Basic earnings per share (usd per share)	$ 1.30	$ 0.99
Earnings Per Share, Diluted [Abstract]
Diluted earnings per share (usd per share)	1.29	0.98
Dividends per share	$ 0.15	$ 0.15
Weighted average shares outstanding:
Basic (shares)	42,799	44,188
Diluted (shares)	43,058	44,678
Product [Member]
Net sales
Net sales	$ 471,599	$ 444,687
Cost of sales
Cost of product sales	311,956	299,311
Service [Member]
Net sales
Net sales	106,715	102,835
Cost of sales
Cost of product sales	$ 69,485	$ 67,020

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2019

Mar. 31, 2018

Net earnings

$ 55,593

$ 43,643

Other comprehensive income

Foreign currency translation adjustments, net of tax (1)

^[1]

8,242

15,411

Pension and postretirement adjustments, net of tax (2)

^[2]

1,683

2,622

Other comprehensive income, net of tax

9,925

18,033

Comprehensive income

$ 65,518

$ 61,676

[1]	(1) The tax benefit/(expense) included in other comprehensive income for foreign currency translation adjustments for the three months ended March 31, 2019 and 2018 was ($0.1) million and $0.7 million, respectively.
[2]	(2) The tax expense included in other comprehensive income for pension and postretirement adjustments for the three months ended March 31, 2019 and 2018 was $0.6 million and $0.9 million, respectively.

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parentheticals) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	$ (0.1)	$ 0.7
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax, Attributable to Parent	$ 0.6	$ 0.9

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Current Assets:
Cash and cash equivalents	$ 154,428	$ 276,066
Receivables, net	591,562	593,755
Inventory, Net	447,022	423,426
Other current assets	45,727	50,719
Total current assets	1,238,739	1,343,966
Property, plant, and equipment, net	375,296	374,660
Goodwill	1,111,342	1,088,032
Other intangible assets, net	444,741	429,567
Operating lease right-of-use assets	138,525	0
Other assets	20,159	19,160
Total assets	3,328,802	3,255,385
Current liabilities:
Current portion of long-term debt and short-term debt	161	243
Accounts payable	176,439	232,983
Accrued expenses	114,062	166,954
Income taxes payable	13,708	5,811
Deferred revenue	225,925	236,508
Other current liabilities	72,973	44,829
Total current liabilities	603,268	687,328
Long-term debt	761,894	762,313
Deferred tax liabilities, net	49,305	47,121
Accrued pension and other postretirement benefit costs	99,389	101,227
Long-term operating lease liability	124,014	0
Long-term portion of environmental reserves	15,847	15,777
Other liabilities	89,505	110,838
Total liabilities	1,743,222	1,724,604
Stockholders' Equity
Common stock, $1 par value,100,000,000 shares authorized as of March 31, 2019 and December 31, 2018; 49,187,378 shares issued as of March 31, 2019 and December 31, 2018; outstanding shares were 42,801,008 as of March 31, 2019 and 42,772,417 as of December 31, 2018	49,187	49,187
Additional paid in capital	114,696	118,234
Retained earnings	2,266,902	2,191,471
Accumulated other comprehensive loss	(304,779)	(288,447)
Common treasury stock, at cost (6,386,370 shares as of March 31, 2019 and 6,414,961 shares as of December 31, 2018)	(540,426)	(539,664)
Total stockholders' equity	1,585,580	1,530,781
Total liabilities and stockholders' equity	$ 3,328,802	$ 3,255,385

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2019	Dec. 31, 2018
Common stock, par value (usd per share)	$ 1	$ 1
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	49,187,378	49,187,378
Common Stock, Shares, Outstanding	42,801,008	42,772,417
Treasury Stock, Shares	6,386,370	6,414,961

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net earnings	$ 55,593	$ 43,643
Adjustments to reconcile net earnings to net cash provided by (used for) operating activities:
Depreciation and amortization	25,793	24,601
Gain (Loss) on Disposition of Other Assets	0	2,108
Gain on fixed asset disposals	(504)	(697)
Deferred income taxes	1,626	7,806
Share-based compensation	3,495	4,591
Change in operating assets and liabilities, net of businesses acquired and divested:
Accounts receivable, net	7,360	(2,451)
Inventories, net	(22,024)	(28,652)
Progress payments	(1,594)	(3,121)
Accounts payable and accrued expenses	(108,873)	(79,564)
Deferred revenue	(11,764)	6,410
Income taxes payable	11,948	1,407
Net pension and postretirement liabilities	255	(48,704)
Other current and long-term assets and liabilities	(13,169)	5,577
Net cash used for operating activities	(51,858)	(71,262)
Cash flows from investing activities:
Proceeds from sales and disposals of long lived assets	1,268	819
Additions to property, plant, and equipment	(17,034)	(8,971)
Payments to Acquire Intangible Assets	(137)	(1,500)
Payments to Acquire Businesses, Net of Cash Acquired	(49,037)	0
Net cash used for investing activities	(64,940)	(9,652)
Cash flows from financing activities:
Borrowings under revolving credit facility	3,837	3,716
Repayments of Lines of Credit	(3,919)	(2,884)
Repurchases of common stock	(12,471)	(12,328)
Proceeds from share-based compensation	4,677	6,151
Proceeds from (Payments for) Other Financing Activities	(197)	(181)
Net cash used for financing activities	(8,073)	(5,526)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Effect of exchange-rate changes on cash	3,233	7,838
Net decrease in cash and cash equivalents	(121,638)	(78,602)
Cash and cash equivalents at beginning of period	276,066	475,120
Cash and cash equivalents at end of period	154,428	396,518
Supplemental disclosure of non-cash activities:
Capital expenditures incurred but not yet paid	$ 264	$ 182

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock Member	Additional Paid In Capital Member	Retained Earnings Member	Accumulated Other Comprehensive Income (Loss) Member	Treasury Stock Member
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	$ (216,840)
Beginning Balance at Dec. 31, 2017		$ 49,187	$ 120,609	$ 1,944,324	$ (216,840)	$ (369,480)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings				275,749
Other comprehensive income, net of tax	(71,607)				(71,607)
Dividends paid/declared				(26,328)
Restricted stock			(13,134)			13,134
Stock options exercised			(2,355)			14,294
Share-based compensation			13,866			228
Repurchases of common stock						(198,592)
Other			(752)			752
Ending Balance at Dec. 31, 2018	1,530,781	49,187	118,234	2,191,471	(288,447)	(539,664)
Retained earnings	2,191,471
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative Effect of New Accounting Principle in Period of Adoption \| Accounting Standards Update 2014-09 [Member]				(2,274)
Accumulated other comprehensive loss	(288,447)
Net earnings	55,593			55,593
Other comprehensive income, net of tax	9,925				9,925
Dividends paid/declared				(6,419)
Restricted stock			(5,491)			5,491
Stock options exercised			(519)			5,195
Share-based compensation			3,133			362
Repurchases of common stock						(12,471)
Other			(661)			661
Ending Balance at Mar. 31, 2019	1,585,580	$ 49,187	$ 114,696	$ 2,266,902	$ (304,779)	$ (540,426)
Retained earnings	2,266,902
Retained earnings \| Accounting Standards Update 2018-02 [Member]	26,257
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive loss	(304,779)
Accumulated other comprehensive loss \| Accounting Standards Update 2018-02 [Member]	$ (26,257)

BASIS OF PRESENTATION	3 Months Ended
BASIS OF PRESENTATION	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	1. BASIS OF PRESENTATION Curtiss-Wright Corporation and its subsidiaries (the "Corporation" or the "Company") is a global, diversified manufacturing and service company that designs, manufactures, and overhauls precision components and provides highly engineered products and services to the aerospace, defense, power generation, and general industrial markets. The unaudited condensed consolidated financial statements include the accounts of Curtiss-Wright and its majority-owned subsidiaries. All intercompany transactions and accounts have been eliminated. The unaudited condensed consolidated financial statements of the Corporation have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in annual financial statements have been condensed or omitted as permitted by such rules and regulations. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments necessary for a fair presentation of these financial statements. Management is required to make estimates and judgments that affect the reported amount of assets, liabilities, revenue, and expenses and disclosure of contingent assets and liabilities in the accompanying financial statements. Actual results may differ from these estimates. The most significant of these estimates includes the estimate of costs to complete long-term contracts, the estimate of useful lives for property, plant, and equipment, cash flow estimates used for testing the recoverability of assets, pension plan and postretirement obligation assumptions, estimates for inventory obsolescence, estimates for the valuation and useful lives of intangible assets, legal reserves, and the estimate of future environmental costs. Changes in estimates of contract sales, costs, and profits are recognized using the cumulative catch-up method of accounting. This method recognizes in the current period the cumulative effect of the changes on current and prior periods. Accordingly, the effect of the changes on future periods of contract performance is recognized as if the revised estimate had been the original estimate. In the three month periods ended March 31, 2019 and 2018, there were no significant changes in estimated contract costs. In the opinion of management, all adjustments considered necessary for a fair presentation have been reflected in these financial statements. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s 2018 Annual Report on Form 10-K. The results of operations for interim periods are not necessarily indicative of trends or of the operating results for a full year. Recent accounting pronouncements adopted ASU 2016-02 - Leases - On January 1, 2019, the Corporation adopted ASC 842, Leases, using the optional transition method of adoption which permits the entity to continue presenting all periods prior to January 1, 2019 under previous lease accounting guidance. In conjunction with the adoption, the Corporation elected the package of practical expedients which permits the entity to forgo reassessment of conclusions reached regarding lease existence and lease classification under previous guidance, as well as the practical expedient to not separate non-lease components. Further, the Corporation made an accounting policy election to account for short-term leases in a manner consistent with the methodology applied under previous guidance. The adoption of this standard resulted in an increase of approximately $151 million in both total assets and total liabilities in the Corporation’s Condensed Consolidated Balance Sheet as of January 1, 2019. ASU 2018-02 - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income - On January 1, 2019, the Corporation adopted ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which permits the reclassification of tax effects stranded in accumulated other comprehensive income to retained earnings as a result of the 2017 Tax Cuts and Jobs Act (the Tax Act). The adoption of this standard resulted in a reclassification of $26 million from accumulated other comprehensive loss to retained earnings in the Corporation’s Condensed Consolidated Balance Sheet as of January 1, 2019.

REVENUE (Notes)

3 Months Ended

Mar. 31, 2019

Revenue Recognition [Abstract]

Revenue from Contract with Customer [Text Block]

2. REVENUE

The Corporation recognizes revenue when control of a promised good and/or service is transferred to a customer in an amount that reflects the consideration that the Corporation expects to be entitled to in exchange for that good and/or service.

Performance Obligations

The Corporation identifies a performance obligation for each promise in a contract to transfer a distinct good or service to the customer. As part of its assessment, the Corporation considers all goods and/or services promised in the contract, regardless of whether they are explicitly stated or implied by customary business practices. The Corporation’s contracts may contain either a single performance obligation, including the promise to transfer individual goods or services that are not separately distinct within the context of the respective contracts, or multiple performance obligations. For contracts with multiple performance obligations, the Corporation allocates the overall transaction price to each performance obligation using standalone selling prices, where available, or utilizes estimates for each distinct good or service in the contract where standalone prices are not available.

The Corporation’s performance obligations are satisfied either at a point-in-time or on an over-time basis. Revenue recognized on an over-time basis accounted for approximately 48% and 45% of total net sales for the three months ended March 31, 2019 and 2018, respectively. Typically, over-time revenue recognition is based on the utilization of an input measure used to measure progress, such as costs incurred to date relative to total estimated costs. Revenue recognized at a point-in-time accounted for approximately 52% and 55% of total net sales for the three months ended March 31, 2019 and 2018, respectively. Revenue for these types of arrangements is recognized at the point in time in which control is transferred to the customer, typically based upon the terms of delivery.

Contract backlog represents the remaining performance obligations that have not yet been recognized as revenue. Backlog includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. Total backlog was approximately $2.3 billion as of March 31, 2019, of which the Corporation expects to recognize approximately 93% as net sales over the next 12 -36 months. The remainder will be recognized thereafter.

Disaggregation of Revenue

The following table presents the Corporation’s total net sales disaggregated by end market and customer type:



	Three Months Ended March 31,
Total Net Sales by End Market and Customer Type (In thousands)	2019		2018
Defense
Aerospace	$	78,787	$	79,153
Ground	20,758		22,519
Naval	131,088		103,489
Total Defense Customers	$	230,633	$	205,161

Commercial
Aerospace	$	103,221	$	99,404
Power Generation	96,480		98,319
General Industrial	147,980		144,638
Total Commercial Customers	$	347,681	$	342,361

Total	$	578,314	$	547,522


Note: Certain amounts in the prior year have been reclassed to conform to the current year presentation.

Contract Balances

Timing of revenue recognition and cash collection may result in billed receivables, unbilled receivables (contract assets), and deferred revenue (contract liabilities) on the Condensed Consolidated Balance Sheet. The Corporation’s contract assets primarily relate to its rights to consideration for work completed but not billed as of the reporting date. Contract assets are transferred to billed receivables when the rights to consideration become unconditional. This is typical in situations where amounts are billed as work progresses in accordance with agreed-upon contractual terms or upon achievement of contractual milestones. The Corporation’s contract liabilities primarily consist of customer advances received prior to revenue being earned. Revenue recognized during the three months ended March 31, 2019 included in the contract liabilities balance at the beginning of the year was approximately $79 million. Changes in contract assets and contract liabilities as of March 31, 2019, were not materially impacted by any other factors. Contract assets and contract liabilities are reported in the "Receivables, net" and "Deferred revenue" lines, respectively, within the Condensed Consolidated Balance Sheet.

ACQUISITIONS ACQUISITIONS

3 Months Ended

Mar. 31, 2019

Business Combinations [Abstract]

ACQUISITIONS

3. ACQUISITIONS

The Corporation continually evaluates potential acquisitions that either strategically fit within the Corporation’s existing portfolio or expand the Corporation’s portfolio into new product lines or adjacent markets. The Corporation has completed a number of acquisitions that have been accounted for as business combinations and have resulted in the recognition of goodwill in the Corporation's financial statements. This goodwill arises because the purchase prices for these businesses reflect the future earnings and cash flow potential in excess of the earnings and cash flows attributable to the current product and customer set at the time of acquisition. Thus, goodwill inherently includes the know-how of the assembled workforce, the ability of the workforce to further improve the technology and product offerings, and the expected cash flows resulting from these efforts. Goodwill may also include expected synergies resulting from the complementary strategic fit these businesses bring to existing operations.

The Corporation allocates the purchase price at the date of acquisition based upon its understanding of the fair value of the acquired assets and assumed liabilities. In the months after closing, as the Corporation obtains additional information about these assets and liabilities, including through tangible and intangible asset appraisals, and as the Corporation learns more about the newly acquired business, it is able to refine the estimates of fair value and more accurately allocate the purchase price. Only items identified as of the acquisition date are considered for subsequent adjustment. The Corporation will make appropriate adjustments to the purchase price allocation prior to completion of the measurement period, as required.

During the three months ended March 31, 2019, the Corporation acquired one business for an aggregate purchase price of $49 million, which is described in more detail below. No acquisitions were made during the three months ended March 31, 2018.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition for the three months ended March 31, 2019.



(In thousands)	2019
Accounts receivable	$	2,300
Inventory	322
Property, plant, and equipment	648
Other current and non-current assets	180
Intangible assets	26,000
Operating lease right-of-use assets, net	1,410
Current and non-current liabilities	(2,970		)
Net tangible and intangible assets	27,890
Purchase price, net of cash acquired	49,037
Goodwill	$	21,147

Goodwill deductible for tax purposes	$	21,147

2019 Acquisitions

Tactical Communications Group (TCG)

On March 15, 2019, the Corporation acquired 100% of the membership interest of TCG for $49 million, net of cash acquired. The Purchase Agreement contains a purchase price adjustment mechanism and representations and warranties customary for a transaction of this type, including a portion of the purchase price deposited in escrow as security for potential indemnification claims against the seller. TCG is a designer and manufacturer of tactical data link software solutions for critical military communications systems. The acquired business operates within the Defense segment.

RECEIVABLES

3 Months Ended

Mar. 31, 2019

Receivables [Abstract]

RECEIVABLES

4. RECEIVABLES

Receivables primarily include amounts billed to customers, unbilled charges on long-term contracts consisting of amounts recognized as sales but not billed, and other receivables. Substantially all amounts of unbilled receivables are expected to be billed and collected within one year. An immaterial amount of unbilled receivables are subject to retainage provisions. The amount of claims and unapproved change orders within our receivables balances are immaterial.

The composition of receivables is as follows:



(In thousands)	March 31, 2019			December 31, 2018
Billed receivables:
Trade and other receivables	$	378,350		$	390,306
Less: Allowance for doubtful accounts	(8,395		)	(7,436		)
Net billed receivables	369,955			382,870
Unbilled receivables (Contract Assets):
Recoverable costs and estimated earnings not billed	234,286			225,810
Less: Progress payments applied	(12,679		)	(14,925		)
Net unbilled receivables	221,607			210,885
Receivables, net	$	591,562		$	593,755

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

GOODWILL

3 Months Ended

Mar. 31, 2019

Goodwill [Abstract]

GOODWILL

6. GOODWILL

The changes in the carrying amount of goodwill for the three months ended March 31, 2019 are as follows:



(In thousands)	Commercial/ Industrial		Defense			Power		Consolidated
December 31, 2018	$	442,015	$	448,871		$	197,146	$	1,088,032
Acquisitions	—		21,147			—		21,147
Adjustments	—		(208		)	—		(208		)
Foreign currency translation adjustment	742		1,567			62		2,371
March 31, 2019	$	442,757	$	471,377		$	197,208	$	1,111,342

INVENTORIES

3 Months Ended

Mar. 31, 2019

Inventory, Net [Abstract]

INVENTORIES

5. INVENTORIES

Inventoried costs contain amounts relating to long-term contracts and programs with long production cycles, a portion of which will not be realized within one year. Long-term contract inventory includes an immaterial amount of claims or other similar items subject to uncertainty concerning their determination or realization. Inventories are valued at the lower of cost or market. The composition of inventories is as follows:



(In thousands)	March 31, 2019			December 31, 2018
Raw materials	$	201,889		$	214,442
Work-in-process	90,406			74,536
Finished goods and component parts	145,923			143,016
Inventoried costs related to U.S. Government and other long-term contracts	74,343			54,195
Gross inventories	512,561			486,189
Less: Inventory reserves	(58,046		)	(55,776		)
Progress payments applied	(7,493		)	(6,987		)
Inventories, net	$	447,022		$	423,426

Inventoried costs related to long-term contracts include capitalized contract development costs related to certain aerospace and defense programs of $45.0 million and $44.4 million as of March 31, 2019 and December 31, 2018, respectively. These capitalized costs will be liquidated as control of production units is transferred to the customer. As of March 31, 2019 and December 31, 2018, $34.3 million and $18.7 million, respectively, are scheduled to be liquidated under existing firm orders.

OTHER INTANGIBLE ASSETS, NET

3 Months Ended

Mar. 31, 2019

Intangible Assets, Net (Excluding Goodwill) [Abstract]

OTHER INTANGIBLE ASSETS, NET

7. OTHER INTANGIBLE ASSETS, NET

The following tables present the cumulative composition of the Corporation’s intangible assets:



	March 31, 2019							December 31, 2018
(In thousands)	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Technology	$	245,236	$	(127,077	)	$	118,159	$	238,212	$	(123,156	)	$	115,056
Customer related intangibles	378,446		(199,130		)	179,316		358,832		(193,455		)	165,377
Programs ⁽¹⁾	144,000		(7,200		)	136,800		144,000		(5,400		)	138,600
Other intangible assets	41,217		(30,751		)	10,466		40,340		(29,806		)	10,534
Total	$	808,899	$	(364,158	)	$	444,741	$	781,384	$	(351,817	)	$	429,567

⁽¹⁾ Programs include values assigned to major programs of acquired businesses and represent the aggregate value associated with the customer relationships, contracts, technology, and trademarks underlying the associated program.

During the three months ended March 31, 2019, the Corporation acquired intangible assets of $26.0 million. The Corporation acquired Customer-related intangibles of $18.4 million, Technology of $6.8 million, and Other intangible assets of $0.8 million, which have a weighted average amortization period of 15.0 years, 14.0 years, and 8.0 years, respectively.

Total intangible amortization expense for the three months ended March 31, 2019 was $11.2 million as compared to $9.6 million in the comparable prior year period. The estimated amortization expense for the five years ending December 31, 2019 through 2023 is $72.8 million, $71.0 million, $69.1 million, $66.6 million, and $62.9 million, respectively.

LEASES

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

LEASES

The Corporation conducts a portion of its operations from leased facilities, which include manufacturing and service facilities, administrative offices, and warehouses. In addition, the Corporation leases vehicles, machinery, and office equipment under operating leases. Our leases have remaining lease terms of 1 year to 25 years, some of which include options for renewals, escalations, or terminations.

The components of lease expense were as follows:



	Three Months Ended
(In thousands)	March 31, 2019
Operating lease cost	$	8,212

Finance lease cost:
Amortization of right-of-use assets	$	197
Interest on lease liabilities	128
Total finance lease cost	$	325

Supplemental cash flow information related to leases was as follows:



	Three Months Ended
(In thousands)	March 31, 2019
Cash used for operating activities:
Operating cash flows from operating leases	$	(7,764	)
Operating cash flows from finance leases	(127		)

Supplemental balance sheet information related to leases was as follows:



(In thousands, except lease term and discount rate)	As of March 31, 2019
Operating Leases
Operating lease right-of-use assets, net	$	138,525

Other current liabilities	$	21,835
Long-term operating lease liability	124,014
Total operating lease liabilities	$	145,849

Finance Leases
Property, plant, and equipment	$	15,561
Accumulated depreciation	(4,755		)
Property, plant, and equipment, net	$	10,806

Other current liabilities	$	761
Other liabilities	11,646
Total finance lease liabilities	$	12,407

Weighted average remaining lease term
Operating leases	8.3 years
Finance leases	10.4 years
Weighted average discount rate
Operating leases	3.85		%
Finance leases	4.05		%

Maturities of lease liabilities were as follows:



	As of March 31, 2019
(In thousands)	Operating Leases			Finance Leases
2019	$	21,905		$	984
2020	27,375			1,342
2021	24,422			1,375
2022	18,215			1,410
2023	16,188			1,445
Thereafter	63,870			8,783
Total lease payments	$	171,975		$	15,339
Less: imputed interest	(26,126		)	(2,932		)
Total	$	145,849		$	12,407

In November 2018, the Corporation entered into a build-to-suit lease of approximately $27 million for the construction of a new facility for DRG in Charleston, South Carolina. The lease has not been reflected in the Corporation’s condensed consolidated financial statements as of March 31, 2019 as the Corporation has not yet obtained the right to control the use of the facility.

FAIR VALUE OF FINANCIAL INSTRUMENTS

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS

9. FAIR VALUE OF FINANCIAL INSTRUMENTS

Forward Foreign Exchange and Currency Option Contracts

The Corporation has foreign currency exposure primarily in the United Kingdom, Europe, and Canada. The Corporation uses financial instruments, such as forward contracts, to hedge a portion of existing and anticipated foreign currency denominated transactions. The purpose of the Corporation’s foreign currency risk management program is to reduce volatility in earnings caused by exchange rate fluctuations. Guidance on accounting for derivative instruments and hedging activities requires companies to recognize all of the derivative financial instruments as either assets or liabilities at fair value in the Condensed Consolidated Balance Sheets based upon quoted market prices for comparable instruments.

Interest Rate Risks and Related Strategies

The Corporation’s primary interest rate exposure results from changes in U.S. dollar interest rates. The Corporation’s policy is to manage interest cost using a mix of fixed and variable rate debt. The Corporation periodically uses interest rate swaps to manage such exposures. Under these interest rate swaps, the Corporation exchanges, at specified intervals, the difference between fixed and floating interest amounts calculated by reference to an agreed-upon notional principal amount. The Corporation’s foreign exchange contracts and interest rate swaps are considered Level 2 instruments which are based on market based inputs or unobservable inputs and corroborated by market data such as quoted prices, interest rates, or yield curves.

Effects on Condensed Consolidated Balance Sheets

As of March 31, 2019 and December 31, 2018, the fair values of the asset and liability derivative instruments are immaterial.

Effects on Condensed Consolidated Statements of Earnings

Undesignated hedges

The location and amount of gains recognized in income on forward exchange derivative contracts not designated for hedge accounting for the three months ended March 31, were as follows:



	Three Months Ended
(In thousands)	March 31,
Derivatives not designated as hedging instrument	2019		2018
Forward exchange contracts:
General and administrative expenses	$	3,589	$	353

Debt

The estimated fair value amounts were determined by the Corporation using available market information that is primarily based on quoted market prices for the same or similar issuances as of March 31, 2019. Accordingly, all of the Corporation’s debt is valued at a Level 2. The fair values described below may not be indicative of net realizable value or reflective of future fair values. Furthermore, the use of different methodologies to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date.



	March 31, 2019						December 31, 2018
(In thousands)	Carrying Value			Estimated Fair Value			Carrying Value			Estimated Fair Value
3.84% Senior notes due 2021	100,000			100,685			100,000			100,359
3.70% Senior notes due 2023	202,500			203,134			202,500			201,813
3.85% Senior notes due 2025	90,000			90,665			90,000			89,711
4.24% Senior notes due 2026	200,000			204,746			200,000			202,288
4.05% Senior notes due 2028	67,500			67,904			67,500			66,942
4.11% Senior notes due 2028	90,000			90,840			90,000			89,647
Other debt	161			161			243			243
Total debt	750,161			758,135			750,243			751,003
Debt issuance costs, net	(684		)	(684		)	(714		)	(714		)
Unamortized interest rate swap proceeds	12,578			12,578			13,027			13,027
Total debt, net	$	762,055		$	770,029		$	762,556		$	763,316

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

3 Months Ended

Mar. 31, 2019

Retirement Benefits, Description [Abstract]

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

10. PENSION PLANS

The following table is a consolidated disclosure of all domestic and foreign defined benefit pension plans as described in the Corporation’s 2018 Annual Report on Form 10-K filed with the SEC.

Pension Plans

The components of net periodic pension cost for the three months ended March 31, 2019 and 2018 are as follows:



	Three Months Ended
	March 31,
(In thousands)	2019			2018
Service cost	$	5,826		$	6,506
Interest cost	7,372			6,534
Expected return on plan assets	(14,884		)	(14,716		)
Amortization of prior service cost	(71		)	(63		)
Amortization of unrecognized actuarial loss	2,592			3,906
Net periodic benefit cost	$	835		$	2,167

The Corporation does not expect to make any contributions to the Curtiss-Wright Pension Plan in 2019. Contributions to the foreign benefit plans are not expected to be material in 2019. During the three months ended March 31, 2018, the Corporation made a $50 million voluntary contribution to the Curtiss-Wright Pension Plan.

Defined Contribution Retirement Plan

Effective January 1, 2014, all non-union employees who were not currently receiving final or career average pay benefits became eligible to receive employer contributions in the Corporation's sponsored 401(k) plan. The employer contributions include both employer match and non-elective contribution components. Effective January 1, 2019, the Corporation increased the employer match opportunity, raising the maximum employer contribution from 6% to 7% of eligible compensation. During the three months ended March 31, 2019 and 2018, the expense relating to the plan was $5.4 million and $4.2 million, respectively. The Corporation made $10.9 million in contributions to the plan for the first quarter of 2019, and expects to make total contributions of $15.1 million in 2019.

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

EARNINGS PER SHARE

11. EARNINGS PER SHARE

Diluted earnings per share were computed based on the weighted-average number of shares outstanding plus all potentially dilutive common shares. A reconciliation of basic to diluted shares used in the earnings per share calculation is as follows:



	Three Months Ended
	March 31,
(In thousands)	2019	2018
Basic weighted-average shares outstanding	42,799	44,188
Dilutive effect of stock options and deferred stock compensation	259	490
Diluted weighted-average shares outstanding	43,058	44,678

For the three months ended March 31, 2019 and March 31, 2018, there were no anti-dilutive equity-based awards.

SEGMENT INFORMATION

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

SEGMENT INFORMATION

12. SEGMENT INFORMATION

The Corporation manages and evaluates its operations based on end markets to strengthen its ability to service customers and recognize certain organizational efficiencies. Based on this approach, the Corporation has three reportable segments: Commercial/Industrial, Defense, and Power.

The Corporation's measure of segment profit or loss is operating income. Interest expense and income taxes are not reported on an operating segment basis as they are not considered in the segments’ performance evaluation by the Corporation’s chief operating decision-maker, its Chief Executive Officer.

Net sales and operating income by reportable segment were as follows:



	Three Months Ended
	March 31,
(In thousands)	2019			2018
Net sales
Commercial/Industrial	$	293,750		$	296,753
Defense	121,497			120,883
Power	164,147			132,158
Less: Intersegment revenues	(1,080		)	(2,272		)
Total consolidated	$	578,314		$	547,522

Operating income (expense)
Commercial/Industrial	$	39,446		$	39,225
Defense	17,653			19,728
Power	24,219			15,342
Corporate and eliminations ⁽¹⁾	(9,273		)	(9,797		)
Total consolidated	$	72,045		$	64,498

⁽¹⁾ Corporate and eliminations includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.

Adjustments to reconcile operating income to earnings before income taxes:



	Three Months Ended
	March 31,
(In thousands)	2019		2018
Total operating income	$	72,045	$	64,498
Interest expense	7,272		8,204
Other income, net	5,478		4,683
Earnings before income taxes	$	70,251	$	60,977



(In thousands)	March 31, 2019		December 31, 2018
Identifiable assets
Commercial/Industrial	$	1,455,070	$	1,398,601
Defense	1,036,152		961,298
Power	762,935		720,073
Corporate and Other	74,645		175,413
Total consolidated	$	3,328,802	$	3,255,385

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2019

Stockholders' Equity Note [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

13. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The cumulative balance of each component of accumulated other comprehensive income (loss), net of tax, is as follows:



(In thousands)	Foreign currency translation adjustments, net			Total pension and postretirement adjustments, net			Accumulated other comprehensive income (loss)
December 31, 2017	$	(94,708	)	$	(122,132	)	$	(216,840	)
Other comprehensive loss before reclassifications ⁽¹⁾	(52,440		)	(31,380		)	(83,820		)
Amounts reclassified from accumulated other comprehensive loss ⁽¹⁾	—			12,213			12,213
Net current period other comprehensive loss	(52,440		)	(19,167		)	(71,607		)
December 31, 2018	$	(147,148	)	$	(141,299	)	$	(288,447	)
Other comprehensive income (loss) before reclassifications ⁽¹⁾	8,242			(61		)	8,181
Amounts reclassified from accumulated other comprehensive income (loss) ⁽¹⁾	—			1,744			1,744
Net current period other comprehensive income	8,242			1,683			9,925
Cumulative effect from adoption of ASU 2018-02⁽²⁾	(1,318		)	(24,939		)	(26,257		)
March 31, 2019	$	(140,224	)	$	(164,555	)	$	(304,779	)

⁽¹⁾ All amounts are after tax.

⁽²⁾ Reclassification to retained earnings due to adoption of ASU No. 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. See Note 1 for additional information.

Details of amounts reclassified from accumulated other comprehensive income (loss) are below:



(In thousands)	Amount reclassified from Accumulated other comprehensive income (loss)			Affected line item in the statement where net earnings is presented
Defined benefit pension and other postretirement benefit plans
Amortization of prior service costs	235			⁽¹⁾
Amortization of actuarial losses	(2,546		)	⁽¹⁾
	(2,311		)	Total before tax
	567			Income tax
Total reclassifications	$	(1,744	)	Net of tax

⁽¹⁾ These items are included in the computation of net periodic pension cost. See Note 10, Pension Plans.

CONTINGENCIES AND COMMITMENTS	3 Months Ended
CONTINGENCIES AND COMMITMENTS	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES AND COMMITMENTS	14. CONTINGENCIES AND COMMITMENTS Legal Proceedings The Corporation has been named in a number of lawsuits that allege injury from exposure to asbestos. To date, the Corporation has not been found liable for or paid any material sum of money in settlement in any case. The Corporation believes its minimal use of asbestos in its past operations as well as its acquired businesses’ operations and the relatively non-friable condition of asbestos in its historical products makes it unlikely that it will face material liability in any asbestos litigation, whether individually or in the aggregate. The Corporation maintains insurance coverage and indemnification agreements for these potential liabilities and believes adequate coverage exists to cover any unanticipated asbestos liability. In December 2013, the Corporation, along with other unaffiliated parties, received a claim from Canadian Natural Resources Limited (CNRL) filed in the Court of Queen's Bench of Alberta, Judicial District of Calgary. The claim pertains to a January 2011 fire and explosion at a delayed coker unit at its Fort McMurray refinery that resulted in the injury of five CNRL employees, damage to property and equipment, and various forms of consequential loss, such as loss of profit, lost opportunities, and business interruption. The fire and explosion occurred when a CNRL employee bypassed certain safety controls and opened an operating coker unit. The total quantum of alleged damages arising from the incident has not been finalized, but is estimated to meet or exceed $1 billion. The Corporation maintains various forms of commercial, property and casualty, product liability, and other forms of insurance; however, such insurance may not be adequate to cover the costs associated with a judgment against us. In October 2017, all parties agreed in principle to participate in a formal mediation in late 2018 with the intention of settling this claim. In an effort to induce the parties to participate in the formal mediation, CNRL agreed to reduce its claim to approximately $400 million, which reflects the monetary amount of property damage incurred as a result of the fire and explosion. The Corporation is currently unable to estimate an amount, or range of potential losses, if any, from this matter. The Corporation believes that it has adequate legal defenses and intends to defend this matter vigorously. The Corporation's financial condition, results of operations, and cash flows could be materially affected during a future fiscal quarter or fiscal year by unfavorable developments or outcome regarding this claim. The Corporation is party to a number of other legal actions and claims, none of which individually or in the aggregate, in the opinion of management, are expected to have a material effect on the Corporation’s results of operations or financial position. Letters of Credit and Other Financial Arrangements The Corporation enters into standby letters of credit agreements and guarantees with financial institutions and customers primarily relating to guarantees of repayment, future performance on certain contracts to provide products and services, and to secure advance payments from certain international customers. As of March 31, 2019 and December 31, 2018, there were $24.0 million and $21.7 million of stand-by letters of credit outstanding, respectively, and $11.1 million and $11.7 million of bank guarantees outstanding, respectively. In addition, the Corporation is required to provide the Nuclear Regulatory Commission financial assurance demonstrating its ability to cover the cost of decommissioning its Cheswick, Pennsylvania facility upon closure, though the Corporation does not intend to close this facility. The Corporation has provided this financial assurance in the form of a $45.6 million surety bond. AP1000 Program Within the Corporation’s Power segment, our Electro-Mechanical Division is the reactor coolant pump (RCP) supplier for the WEC AP1000 nuclear power plants under construction in China and the United States. The terms of the AP1000 China and United States contracts include liquidated damage penalty provisions for failure to meet contractual delivery dates if the Corporation caused the delay and the delay was not excusable. On October 10, 2013, the Corporation received a letter from WEC stating entitlements to the maximum amount of liquidated damages allowable under the AP1000 China contract of approximately $25 million. The Corporation would be liable for liquidated damages under the contract if certain contractual delivery dates were not met and if the Corporation was deemed responsible for the delay. As of March 31, 2019, the Corporation has not met certain contractual delivery dates under its AP 1000 contracts; however there are significant uncertainties as to which parties are responsible for the delays. The Corporation believes it has adequate legal defenses and intends to vigorously defend this matter. Given the uncertainties surrounding the responsibility for the delays, no accrual has been made for this matter as of March 31, 2019. As of March 31, 2019, the range of possible loss is $0 million to $31 million for the AP1000 U.S. contract, for a total range of possible loss of $0 million to $55.5 million.

BASIS OF PRESENTATION (Policies)	3 Months Ended
BASIS OF PRESENTATION (Policies)	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis Of Accounting	Curtiss-Wright Corporation and its subsidiaries (the "Corporation" or the "Company") is a global, diversified manufacturing and service company that designs, manufactures, and overhauls precision components and provides highly engineered products and services to the aerospace, defense, power generation, and general industrial markets. The unaudited condensed consolidated financial statements include the accounts of Curtiss-Wright and its majority-owned subsidiaries. All intercompany transactions and accounts have been eliminated. The unaudited condensed consolidated financial statements of the Corporation have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in annual financial statements have been condensed or omitted as permitted by such rules and regulations. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments necessary for a fair presentation of these financial statements. Management is required to make estimates and judgments that affect the reported amount of assets, liabilities, revenue, and expenses and disclosure of contingent assets and liabilities in the accompanying financial statements. Actual results may differ from these estimates. The most significant of these estimates includes the estimate of costs to complete long-term contracts, the estimate of useful lives for property, plant, and equipment, cash flow estimates used for testing the recoverability of assets, pension plan and postretirement obligation assumptions, estimates for inventory obsolescence, estimates for the valuation and useful lives of intangible assets, legal reserves, and the estimate of future environmental costs. Changes in estimates of contract sales, costs, and profits are recognized using the cumulative catch-up method of accounting. This method recognizes in the current period the cumulative effect of the changes on current and prior periods. Accordingly, the effect of the changes on future periods of contract performance is recognized as if the revised estimate had been the original estimate. In the three month periods ended March 31, 2019 and 2018, there were no significant changes in estimated contract costs. In the opinion of management, all adjustments considered necessary for a fair presentation have been reflected in these financial statements. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Corporation’s 2018 Annual Report on Form 10-K. The results of operations for interim periods are not necessarily indicative of trends or of the operating results for a full year.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent accounting pronouncements adopted ASU 2016-02 - Leases - On January 1, 2019, the Corporation adopted ASC 842, Leases, using the optional transition method of adoption which permits the entity to continue presenting all periods prior to January 1, 2019 under previous lease accounting guidance. In conjunction with the adoption, the Corporation elected the package of practical expedients which permits the entity to forgo reassessment of conclusions reached regarding lease existence and lease classification under previous guidance, as well as the practical expedient to not separate non-lease components. Further, the Corporation made an accounting policy election to account for short-term leases in a manner consistent with the methodology applied under previous guidance. The adoption of this standard resulted in an increase of approximately $151 million in both total assets and total liabilities in the Corporation’s Condensed Consolidated Balance Sheet as of January 1, 2019. ASU 2018-02 - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income - On January 1, 2019, the Corporation adopted ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which permits the reclassification of tax effects stranded in accumulated other comprehensive income to retained earnings as a result of the 2017 Tax Cuts and Jobs Act (the Tax Act). The adoption of this standard resulted in a reclassification of $26 million from accumulated other comprehensive loss to retained earnings in the Corporation’s Condensed Consolidated Balance Sheet as of January 1, 2019.

BASIS OF PRESENTATION (Tables)	3 Months Ended
BASIS OF PRESENTATION (Tables)	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	Recent accounting pronouncements adopted ASU 2016-02 - Leases - On January 1, 2019, the Corporation adopted ASC 842, Leases, using the optional transition method of adoption which permits the entity to continue presenting all periods prior to January 1, 2019 under previous lease accounting guidance. In conjunction with the adoption, the Corporation elected the package of practical expedients which permits the entity to forgo reassessment of conclusions reached regarding lease existence and lease classification under previous guidance, as well as the practical expedient to not separate non-lease components. Further, the Corporation made an accounting policy election to account for short-term leases in a manner consistent with the methodology applied under previous guidance. The adoption of this standard resulted in an increase of approximately $151 million in both total assets and total liabilities in the Corporation’s Condensed Consolidated Balance Sheet as of January 1, 2019. ASU 2018-02 - Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income - On January 1, 2019, the Corporation adopted ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which permits the reclassification of tax effects stranded in accumulated other comprehensive income to retained earnings as a result of the 2017 Tax Cuts and Jobs Act (the Tax Act). The adoption of this standard resulted in a reclassification of $26 million from accumulated other comprehensive loss to retained earnings in the Corporation’s Condensed Consolidated Balance Sheet as of January 1, 2019.

REVENUE (Tables)

3 Months Ended

Mar. 31, 2019

Revenue Recognition [Abstract]

Disaggregation of Revenue

The following table presents the Corporation’s total net sales disaggregated by end market and customer type:



	Three Months Ended March 31,
Total Net Sales by End Market and Customer Type (In thousands)	2019		2018
Defense
Aerospace	$	78,787	$	79,153
Ground	20,758		22,519
Naval	131,088		103,489
Total Defense Customers	$	230,633	$	205,161

Commercial
Aerospace	$	103,221	$	99,404
Power Generation	96,480		98,319
General Industrial	147,980		144,638
Total Commercial Customers	$	347,681	$	342,361

Total	$	578,314	$	547,522


Note: Certain amounts in the prior year have been reclassed to conform to the current year presentation.

ACQUISITIONS ACQUISITIONS (Tables)	3 Months Ended
ACQUISITIONS ACQUISITIONS (Tables)	Mar. 31, 2019
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition [Table Text Block]

RECEIVABLES (Table)

3 Months Ended

Mar. 31, 2019

Receivables [Abstract]

Schedule Of Accounts Notes Loans And Financing Receivable

The composition of receivables is as follows:



(In thousands)	March 31, 2019			December 31, 2018
Billed receivables:
Trade and other receivables	$	378,350		$	390,306
Less: Allowance for doubtful accounts	(8,395		)	(7,436		)
Net billed receivables	369,955			382,870
Unbilled receivables (Contract Assets):
Recoverable costs and estimated earnings not billed	234,286			225,810
Less: Progress payments applied	(12,679		)	(14,925		)
Net unbilled receivables	221,607			210,885
Receivables, net	$	591,562		$	593,755

GOODWILL (Table)

3 Months Ended

Mar. 31, 2019

Goodwill [Abstract]

Schedule Of Goodwill

The changes in the carrying amount of goodwill for the three months ended March 31, 2019 are as follows:



(In thousands)	Commercial/ Industrial		Defense			Power		Consolidated
December 31, 2018	$	442,015	$	448,871		$	197,146	$	1,088,032
Acquisitions	—		21,147			—		21,147
Adjustments	—		(208		)	—		(208		)
Foreign currency translation adjustment	742		1,567			62		2,371
March 31, 2019	$	442,757	$	471,377		$	197,208	$	1,111,342

INVENTORIES (Table)

3 Months Ended

Mar. 31, 2019

Inventory, Net [Abstract]

Schedule Of Inventory

The composition of inventories is as follows:



(In thousands)	March 31, 2019			December 31, 2018
Raw materials	$	201,889		$	214,442
Work-in-process	90,406			74,536
Finished goods and component parts	145,923			143,016
Inventoried costs related to U.S. Government and other long-term contracts	74,343			54,195
Gross inventories	512,561			486,189
Less: Inventory reserves	(58,046		)	(55,776		)
Progress payments applied	(7,493		)	(6,987		)
Inventories, net	$	447,022		$	423,426

OTHER INTANGIBLE ASSETS, NET (Table)

3 Months Ended

Mar. 31, 2019

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule Of Intangible Assets By Major Class

The following tables present the cumulative composition of the Corporation’s intangible assets:



	March 31, 2019							December 31, 2018
(In thousands)	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Technology	$	245,236	$	(127,077	)	$	118,159	$	238,212	$	(123,156	)	$	115,056
Customer related intangibles	378,446		(199,130		)	179,316		358,832		(193,455		)	165,377
Programs ⁽¹⁾	144,000		(7,200		)	136,800		144,000		(5,400		)	138,600
Other intangible assets	41,217		(30,751		)	10,466		40,340		(29,806		)	10,534
Total	$	808,899	$	(364,158	)	$	444,741	$	781,384	$	(351,817	)	$	429,567

LEASES (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lease, Cost

Supplemental cash flow information related to leases was as follows:



	Three Months Ended
(In thousands)	March 31, 2019
Cash used for operating activities:
Operating cash flows from operating leases	$	(7,764	)
Operating cash flows from finance leases	(127		)

The components of lease expense were as follows:



	Three Months Ended
(In thousands)	March 31, 2019
Operating lease cost	$	8,212

Finance lease cost:
Amortization of right-of-use assets	$	197
Interest on lease liabilities	128
Total finance lease cost	$	325

Assets And Liabilities, Lessee

upplemental balance sheet information related to leases was as follows:



(In thousands, except lease term and discount rate)	As of March 31, 2019
Operating Leases
Operating lease right-of-use assets, net	$	138,525

Other current liabilities	$	21,835
Long-term operating lease liability	124,014
Total operating lease liabilities	$	145,849

Finance Leases
Property, plant, and equipment	$	15,561
Accumulated depreciation	(4,755		)
Property, plant, and equipment, net	$	10,806

Other current liabilities	$	761
Other liabilities	11,646
Total finance lease liabilities	$	12,407

Weighted average remaining lease term
Operating leases	8.3 years
Finance leases	10.4 years
Weighted average discount rate
Operating leases	3.85		%
Finance leases	4.05		%

Finance Lease, Liability, Maturity

Maturities of lease liabilities were as follows:



	As of March 31, 2019
(In thousands)	Operating Leases			Finance Leases
2019	$	21,905		$	984
2020	27,375			1,342
2021	24,422			1,375
2022	18,215			1,410
2023	16,188			1,445
Thereafter	63,870			8,783
Total lease payments	$	171,975		$	15,339
Less: imputed interest	(26,126		)	(2,932		)
Total	$	145,849		$	12,407

In November 2018, the Corporation entered into a build-to-suit lease of approximately $27 million for the construction of a new facility for DRG in Charleston, South Carolina. The lease has not been reflected in the Corporation’s condensed consolidated financial statements as of March 31, 2019 as the Corporation has not yet obtained the right to control the use of the facility.

Lessee, Operating Lease, Liability, Maturity

Maturities of lease liabilities were as follows:



	As of March 31, 2019
(In thousands)	Operating Leases			Finance Leases
2019	$	21,905		$	984
2020	27,375			1,342
2021	24,422			1,375
2022	18,215			1,410
2023	16,188			1,445
Thereafter	63,870			8,783
Total lease payments	$	171,975		$	15,339
Less: imputed interest	(26,126		)	(2,932		)
Total	$	145,849		$	12,407

In November 2018, the Corporation entered into a build-to-suit lease of approximately $27 million for the construction of a new facility for DRG in Charleston, South Carolina. The lease has not been reflected in the Corporation’s condensed consolidated financial statements as of March 31, 2019 as the Corporation has not yet obtained the right to control the use of the facility.

FAIR VALUE OF FINANCIAL INSTRUMENTS (Table)

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location

Undesignated hedges

The location and amount of gains recognized in income on forward exchange derivative contracts not designated for hedge accounting for the three months ended March 31, were as follows:



	Three Months Ended
(In thousands)	March 31,
Derivatives not designated as hedging instrument	2019		2018
Forward exchange contracts:
General and administrative expenses	$	3,589	$	353

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments



	March 31, 2019						December 31, 2018
(In thousands)	Carrying Value			Estimated Fair Value			Carrying Value			Estimated Fair Value
3.84% Senior notes due 2021	100,000			100,685			100,000			100,359
3.70% Senior notes due 2023	202,500			203,134			202,500			201,813
3.85% Senior notes due 2025	90,000			90,665			90,000			89,711
4.24% Senior notes due 2026	200,000			204,746			200,000			202,288
4.05% Senior notes due 2028	67,500			67,904			67,500			66,942
4.11% Senior notes due 2028	90,000			90,840			90,000			89,647
Other debt	161			161			243			243
Total debt	750,161			758,135			750,243			751,003
Debt issuance costs, net	(684		)	(684		)	(714		)	(714		)
Unamortized interest rate swap proceeds	12,578			12,578			13,027			13,027
Total debt, net	$	762,055		$	770,029		$	762,556		$	763,316

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Table)

3 Months Ended

Mar. 31, 2019

Retirement Benefits, Description [Abstract]

Schedule Of Defined Benefit Plans Disclosures

The components of net periodic pension cost for the three months ended March 31, 2019 and 2018 are as follows:



	Three Months Ended
	March 31,
(In thousands)	2019			2018
Service cost	$	5,826		$	6,506
Interest cost	7,372			6,534
Expected return on plan assets	(14,884		)	(14,716		)
Amortization of prior service cost	(71		)	(63		)
Amortization of unrecognized actuarial loss	2,592			3,906
Net periodic benefit cost	$	835		$	2,167

EARNINGS PER SHARE (Table)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Reconciliation

A reconciliation of basic to diluted shares used in the earnings per share calculation is as follows:



	Three Months Ended
	March 31,
(In thousands)	2019	2018
Basic weighted-average shares outstanding	42,799	44,188
Dilutive effect of stock options and deferred stock compensation	259	490
Diluted weighted-average shares outstanding	43,058	44,678

SEGMENT INFORMATION (Table)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment



	Three Months Ended
	March 31,
(In thousands)	2019			2018
Net sales
Commercial/Industrial	$	293,750		$	296,753
Defense	121,497			120,883
Power	164,147			132,158
Less: Intersegment revenues	(1,080		)	(2,272		)
Total consolidated	$	578,314		$	547,522

Operating income (expense)
Commercial/Industrial	$	39,446		$	39,225
Defense	17,653			19,728
Power	24,219			15,342
Corporate and eliminations ⁽¹⁾	(9,273		)	(9,797		)
Total consolidated	$	72,045		$	64,498

⁽¹⁾ Corporate and eliminations includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated



	Three Months Ended
	March 31,
(In thousands)	2019		2018
Total operating income	$	72,045	$	64,498
Interest expense	7,272		8,204
Other income, net	5,478		4,683
Earnings before income taxes	$	70,251	$	60,977

Reconciliation Of Assets From Segment To Consolidated



(In thousands)	March 31, 2019		December 31, 2018
Identifiable assets
Commercial/Industrial	$	1,455,070	$	1,398,601
Defense	1,036,152		961,298
Power	762,935		720,073
Corporate and Other	74,645		175,413
Total consolidated	$	3,328,802	$	3,255,385

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Table)

3 Months Ended

Mar. 31, 2019

Stockholders' Equity Note [Abstract]

Schedule of Comprehensive Income (Loss)

The cumulative balance of each component of accumulated other comprehensive income (loss), net of tax, is as follows:



(In thousands)	Foreign currency translation adjustments, net			Total pension and postretirement adjustments, net			Accumulated other comprehensive income (loss)
December 31, 2017	$	(94,708	)	$	(122,132	)	$	(216,840	)
Other comprehensive loss before reclassifications ⁽¹⁾	(52,440		)	(31,380		)	(83,820		)
Amounts reclassified from accumulated other comprehensive loss ⁽¹⁾	—			12,213			12,213
Net current period other comprehensive loss	(52,440		)	(19,167		)	(71,607		)
December 31, 2018	$	(147,148	)	$	(141,299	)	$	(288,447	)
Other comprehensive income (loss) before reclassifications ⁽¹⁾	8,242			(61		)	8,181
Amounts reclassified from accumulated other comprehensive income (loss) ⁽¹⁾	—			1,744			1,744
Net current period other comprehensive income	8,242			1,683			9,925
Cumulative effect from adoption of ASU 2018-02⁽²⁾	(1,318		)	(24,939		)	(26,257		)
March 31, 2019	$	(140,224	)	$	(164,555	)	$	(304,779	)

⁽¹⁾ All amounts are after tax.

Reclassification out of Accumulated Other Comprehensive Income

Details of amounts reclassified from accumulated other comprehensive income (loss) are below:



(In thousands)	Amount reclassified from Accumulated other comprehensive income (loss)			Affected line item in the statement where net earnings is presented
Defined benefit pension and other postretirement benefit plans
Amortization of prior service costs	235			⁽¹⁾
Amortization of actuarial losses	(2,546		)	⁽¹⁾
	(2,311		)	Total before tax
	567			Income tax
Total reclassifications	$	(1,744	)	Net of tax

⁽¹⁾ These items are included in the computation of net periodic pension cost. See Note 10, Pension Plans.

BASIS OF PRESENTATION RECLASSIFICATIONS FOR ACCOUNTING PRONOUNCEMENTS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets	$ 138,525	$ 0
Total operating lease liabilities	145,849
Retained earnings	2,266,902	2,191,471
Accumulated other comprehensive loss	(304,779)	$ (288,447)	$ (216,840)
Accounting Standards Update 2016-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease right-of-use assets	151,000
Total operating lease liabilities	151,000
Accounting Standards Update 2018-02 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Retained earnings	26,257
Accumulated other comprehensive loss	$ (26,257)

REVENUE DISAGGREGATION OF REVENUE (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Net sales	$ 578,314	$ 547,522
Defense [Member]
Disaggregation of Revenue [Line Items]
Net sales	230,633	205,161
Commercial [Member]
Disaggregation of Revenue [Line Items]
Net sales	347,681	342,361
Defense Aerospace [Member] \| Defense [Member]
Disaggregation of Revenue [Line Items]
Net sales	78,787	79,153
Defense Ground [Member] \| Defense [Member]
Disaggregation of Revenue [Line Items]
Net sales	20,758	22,519
Naval [Member] \| Defense [Member]
Disaggregation of Revenue [Line Items]
Net sales	131,088	103,489
Commercial Aerospace [Member] \| Commercial [Member]
Disaggregation of Revenue [Line Items]
Net sales	103,221	99,404
Power Generation [Member] \| Commercial [Member]
Disaggregation of Revenue [Line Items]
Net sales	96,480	98,319
General Industrial [Member] \| Commercial [Member]
Disaggregation of Revenue [Line Items]
Net sales	$ 147,980	$ 144,638
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Net sales, Percent	48.00%	45.00%
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Net sales, Percent	52.00%	55.00%

REVENUE ADDITIONAL DETAILS (Details) $ in Millions	3 Months Ended
REVENUE ADDITIONAL DETAILS (Details) $ in Millions	Mar. 31, 2019 USD ($)
Revenue from Contract with Customer [Abstract]
Contract with Customer, Liability, Revenue Recognized	$ 79
Revenue, Remaining Performance Obligation, Amount	$ 2,300
Revenue, Remaining Performance Obligation, Percentage	93.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Explanation	12 -36 months

ACQUISITIONS (Details) - USD ($) $ in Thousands	3 Months Ended
ACQUISITIONS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Business Acquisition [Line Items]
Purchase price, net of cash acquired	$ 49,037	$ 0
Goodwill	1,111,342		$ 1,088,032
2019 acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable	2,300
Inventory	322
Property, plant, and equipment	648
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	180
Intangible assets	26,000
Right of Use Assets	1,410
Current and non-current liabilities	(2,970)
Net tangible and intangible assets	27,890
Goodwill	21,147
Business Acquisition, Goodwill, Expected Tax Deductible Amount	21,147
Defense [Member]
Business Acquisition [Line Items]
Goodwill	471,377		$ 448,871
Defense [Member] \| Tactical Communications Group (TCG) [Member]
Business Acquisition [Line Items]
Purchase price, net of cash acquired	$ 49,037

ACQUISITIONS (Narrative) (Detail) $ in Thousands		3 Months Ended
ACQUISITIONS (Narrative) (Detail) $ in Thousands	Mar. 15, 2019	Mar. 31, 2019 USD ($) NumberAcquisitions	Mar. 31, 2018 USD ($) NumberAcquisitions
Business Acquisition [Line Items]
Number of business acquired (in number of acquisitions) \| NumberAcquisitions		1	0
Aggregate purchase price		$ 49,037	$ 0
Defense [Member] \| Tactical Communications Group (TCG) [Member]
Business Acquisition [Line Items]
Aggregate purchase price		$ 49,037
Acquisition date	Mar. 15, 2019

RECEIVABLES (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Billed receivables:
Trade and other receivables	$ 378,350	$ 390,306
Less: Allowance for doubtful accounts	(8,395)	(7,436)
Net billed receivables	369,955	382,870
Unbilled receivables:
Recoverable costs and estimated earnings not billed	234,286	225,810
Less: Progress payments applied	(12,679)	(14,925)
Net unbilled receivables	221,607	210,885
Receivables, net	$ 591,562	$ 593,755

GOODWILL (Detail) $ in Thousands	3 Months Ended
GOODWILL (Detail) $ in Thousands	Mar. 31, 2019 USD ($)
Goodwill [Roll Forward]
December 31, 2018	$ 1,088,032
Goodwill, Acquired During Period	21,147
Goodwill, Period Increase (Decrease)	(208)
Foreign currency translation adjustment	2,371
March 31, 2019	1,111,342
Commercial Industrial [Member]
Goodwill [Roll Forward]
December 31, 2018	442,015
Foreign currency translation adjustment	742
March 31, 2019	442,757
Defense [Member]
Goodwill [Roll Forward]
December 31, 2018	448,871
Goodwill, Acquired During Period	21,147
Goodwill, Period Increase (Decrease)	(208)
Foreign currency translation adjustment	1,567
March 31, 2019	471,377
Power [Member]
Goodwill [Roll Forward]
December 31, 2018	197,146
Foreign currency translation adjustment	62
March 31, 2019	$ 197,208

INVENTORIES (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Inventory, Net [Abstract]
Raw material	$ 201,889	$ 214,442
Work-in-process	90,406	74,536
Finished goods and component parts	145,923	143,016
Inventoried costs related to U.S. Government and other long-term contracts	74,343	54,195
Inventory, gross	512,561	486,189
Less: Inventory reserves	(58,046)	(55,776)
Progress payments applied	(7,493)	(6,987)
Inventories, net	$ 447,022	$ 423,426

INVENTORIES (Narrative) (Detail) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Inventory, Net [Abstract]
Other inventory, capitalized costs	$ 45.0	$ 44.4
Other inventory, capitalized costs to be liquidated under firm orders	$ 34.3	$ 18.7

OTHER INTANGIBLE ASSETS, NET (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Finite Lived Intangible Assets [Line Items]
Gross	$ 808,899	$ 781,384
Accumulated Amortization	(364,158)	(351,817)
Net	444,741	429,567
Developed Technology Rights [Member]
Finite Lived Intangible Assets [Line Items]
Gross	245,236	238,212
Accumulated Amortization	(127,077)	(123,156)
Net	118,159	115,056
Customer Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Gross	378,446	358,832
Accumulated Amortization	(199,130)	(193,455)
Net	179,316	165,377
Contract and Program Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Gross	144,000	144,000
Accumulated Amortization	(7,200)	(5,400)
Net	136,800	138,600
Other Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Gross	41,217	40,340
Accumulated Amortization	(30,751)	(29,806)
Net	$ 10,466	$ 10,534

OTHER INTANGIBLE ASSETS, NET (Narrative) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Finite Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 26.0
Amortization expense	11.2	$ 9.6
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	72.8
Future amortization expense in year two	71.0
Future amortization expense in year three	69.1
Future amortization expense in year four	66.6
Future amortization expense in year five	62.9
Customer Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 18.4
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	15 years
Technology-Based Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 6.8
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	14 years
Other Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 0.8
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	8 years

LEASES - Narrative (Details) $ in Millions	Mar. 31, 2019 USD ($)
Operating Leased Assets [Line Items]
Lessee, Operating Lease, Not yet Commenced, Amount	$ 27
Minimum
Operating Leased Assets [Line Items]
Term of contract	1 year
Maximum
Operating Leased Assets [Line Items]
Term of contract	25 years

LEASES - Schedule of Lease Expense (Details) $ in Thousands	3 Months Ended
LEASES - Schedule of Lease Expense (Details) $ in Thousands	Mar. 31, 2019 USD ($)
Leases [Abstract]
Operating lease cost	$ 8,212
Amortization of right-of-use assets	197
Interest on lease liabilities	128
Total finance lease cost	$ 325

LEASES - Supplemental Cash Flow (Details) $ in Thousands	3 Months Ended
LEASES - Supplemental Cash Flow (Details) $ in Thousands	Mar. 31, 2019 USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ (7,764)
Operating cash flows from finance leases	$ (127)

LEASES - Supplemental Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Operating lease right-of-use assets	$ 138,525	$ 0
Current operating lease liability	21,835
Long-term operating lease liability	124,014	$ 0
Total operating lease liabilities	145,849
Property, plant, and equipment	15,561
Accumulated depreciation	(4,755)
Property, plant, and equipment, net	10,806
Current finance lease liability	761
Long-term finance lease liability	11,646
Total finance lease liabilities	$ 12,407
Operating Lease, Weighted Average Remaining Lease Term	8 years 3 months 11 days
Finance Lease, Weighted Average Remaining Lease Term	10 years 5 months 5 days
Operating Lease, Weighted Average Discount Rate, Percent	3.85%
Finance Lease, Weighted Average Discount Rate, Percent	4.05%

LEASES - Schedule of Maturities (Details) $ in Thousands	Mar. 31, 2019 USD ($)
Operating Lease [Abstract]
2019	$ 21,905
2021	27,375
2021	18,215
2022	24,422
2023	16,188
Thereafter	63,870
Total lease payments	171,975
Less: imputed interest	(26,126)
Total operating lease liabilities	145,849
Finance Lease, Cost [Abstract]
2019	984
2020	1,342
2021	1,410
2022	1,375
2023	1,445
Thereafter	8,783
Total lease payments	15,339
Less: imputed interest	(2,932)
Total finance lease liabilities	$ 12,407

FAIR VALUE OF FINANCIAL INSTRUMENTS (Income Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
General And Administrative Expense [Member]
Derivative Instruments Gain Loss [Line Items]
General and administrative expenses	$ 3,589	$ 353

FAIR VALUE OF FINANCIAL INSTRUMENTS (Debt) (Detail) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term Debt, Gross	$ 750,161	$ 750,243
Less: Debt Issuance Costs, Net	(684)	(714)
Unamortized interest rate swap proceeds	12,578	13,027
Carrying Value	762,055	762,556
Estimated Fair Value	770,029	763,316
Long-term Debt, Gross [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Estimated Fair Value	758,135	751,003
3.84% Senior notes due 2021 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	100,000	100,000
Estimated Fair Value	$ 100,685	100,359
Interest rate	3.84%
3.70% Senior notes due 2023 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	$ 202,500	202,500
Estimated Fair Value	$ 203,134	201,813
Interest rate	3.70%
3.85% Senior notes due 2025 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	$ 90,000	90,000
Estimated Fair Value	$ 90,665	89,711
Interest rate	3.85%
4.24% Senior notes due 2026 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	$ 200,000	200,000
Estimated Fair Value	$ 204,746	202,288
Interest rate	4.24%
4.05% Senior notes due 2028 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	$ 67,500	67,500
Estimated Fair Value	$ 67,904	66,942
Interest rate	4.05%
4.11% Senior notes due 2028 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	$ 90,000	90,000
Estimated Fair Value	$ 90,840	89,647
Interest rate	4.11%
Other debt [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Carrying Value	$ 161	243
Estimated Fair Value	$ 161	$ 243

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Detail) - Pension Plans Defined Benefit [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 5,826	$ 6,506
Interest cost	7,372	6,534
Expected return on plan assets	(14,884)	(14,716)
Amortization of prior service cost	(71)	(63)
Amortization of unrecognized actuarial loss	2,592	3,906
Net postretirement benefit cost (income)	$ 835	2,167
Defined Benefit Plan, Plan Assets, Contributions by Employer		$ 50,000

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Additional) (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2019
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan, employer contribution, maximum percentage	7.00%	6.00%
Defined contribution plan, expense relating to the plan	$ 5.4	$ 4.2
Contributions made by the corporation to the plan	$ 10.9
Scenario, Forecast [Member]
Defined Contribution Plan Disclosure [Line Items]
Estimated future contributions for the current fiscal year			$ 15.1

EARNINGS PER SHARE (Detail) - shares shares in Thousands	3 Months Ended
EARNINGS PER SHARE (Detail) - shares shares in Thousands	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share Reconciliation [Abstract]
Basic weighted-average shares outstanding (shares)	42,799	44,188
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	259	490
Diluted weighted-average shares outstanding (shares)	43,058	44,678

EARNINGS PER SHARE EARNINGS PER SHARE (Anti-dilutive) (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0

SEGMENT INFORMATION (Detail) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2019

Mar. 31, 2018

Dec. 31, 2018

Segment Reporting Information [Line Items]

Net sales

$ 578,314

$ 547,522

Operating income (expense)

72,045

64,498

Identifiable assets

3,328,802

$ 3,255,385

Commercial Industrial [Member]

Segment Reporting Information [Line Items]

Net sales

293,750

296,753

Operating income (expense)

39,446

39,225

Identifiable assets

1,455,070

1,398,601

Defense [Member]

Segment Reporting Information [Line Items]

Net sales

121,497

120,883

Operating income (expense)

17,653

19,728

Identifiable assets

1,036,152

961,298

Power [Member]

Segment Reporting Information [Line Items]

Net sales

164,147

132,158

Operating income (expense)

24,219

15,342

Identifiable assets

762,935

720,073

Corporate and Other [Member]

Segment Reporting Information [Line Items]

Identifiable assets

74,645

$ 175,413

Corporate and Eliminations [Member]

Segment Reporting Information [Line Items]

Operating income (expense)

^[1]

(9,273)

(9,797)

Intersegment Eliminations [Member]

Segment Reporting Information [Line Items]

Net sales

$ (1,080)

$ (2,272)

[1]	Corporate and eliminations includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.

SEGMENT INFORMATION (Reconciliation) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting [Abstract]
Total operating income	$ 72,045	$ 64,498
Interest expense	(7,272)	(8,204)
Other income, net	5,478	4,683
Earnings before income taxes	$ 70,251	$ 60,977

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (288,447)	$ (216,840)	$ (216,840)
Other comprehensive income (loss) before reclassifications	8,181		(83,820)
Amounts reclassified from accumulated other comprehensive loss	1,744		12,213
Other comprehensive income, net of tax	9,925	18,033	(71,607)
Ending balance	(304,779)		(288,447)
Foreign Currency Translation Adjustments, Net [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(147,148)	(94,708)	(94,708)
Other comprehensive income (loss) before reclassifications	8,242		(52,440)
Amounts reclassified from accumulated other comprehensive loss	0		0
Other comprehensive income, net of tax	8,242		(52,440)
Ending balance	(140,224)		(147,148)
Total Pension and Postretirment Adjustments, Net [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(141,299)	$ (122,132)	(122,132)
Other comprehensive income (loss) before reclassifications	(61)		(31,380)
Amounts reclassified from accumulated other comprehensive loss	1,744		12,213
Other comprehensive income, net of tax	1,683		(19,167)
Ending balance	(164,555)		$ (141,299)
Accounting Standards Update 2018-02 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	(26,257)
Accounting Standards Update 2018-02 [Member] \| Foreign Currency Translation Adjustments, Net [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	(1,318)
Accounting Standards Update 2018-02 [Member] \| Total Pension and Postretirment Adjustments, Net [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ending balance	$ (24,939)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Reclass) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Earnings before income taxes	$ 70,251	$ 60,977
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Total Pension and Postretirment Adjustments, Net [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amortization of prior service costs	235
Amortization of actuarial losses	(2,546)
Earnings before income taxes	(2,311)
Income tax	(567)
Net earnings	$ 1,744

CONTINGENCIES AND COMMITMENTS (Detail) - USD ($)		1 Months Ended	3 Months Ended
CONTINGENCIES AND COMMITMENTS (Detail) - USD ($)	Oct. 10, 2013	Oct. 31, 2017	Mar. 31, 2019	Dec. 31, 2018
Loss Contingencies [Line Items]
Surety Bond Outstanding			$ 45,600,000
Damages sought			1,000,000,000
Malpractice Loss Contingency, Claims Incurred in Period		$ 400,000,000
Failure to Meet Contractual Obligations [Member]
Loss Contingencies [Line Items]
Damages sought	$ 25,000,000
Standby Letters Of Credit [Member]
Loss Contingencies [Line Items]
Letters of credit, outstanding			24,000,000	$ 21,700,000
FinancialStandbyLetterOfCreditMember
Loss Contingencies [Line Items]
Letters of credit, outstanding			11,100,000	11,700,000
Minimum
Loss Contingencies [Line Items]
Range of possible loss, maximum			0
Maximum
Loss Contingencies [Line Items]
Range of possible loss, maximum			55,500,000
AP1000 US [Member] \| Minimum
Loss Contingencies [Line Items]
Range of possible loss, maximum				$ 0
AP1000 US [Member] \| Maximum
Loss Contingencies [Line Items]
Range of possible loss, maximum			$ 31,000,000