NINE MONTH SEGMENT RESULTS

The following is a tabular summary and commentary of revenues and operating earnings by segment:
     
REVENUES
Nine Months Ended September 30,
    ($ in millions)
Segment 2012 2011 % Change
Commercial aircraft $ 1,152.6 $ 951.9 21.1 %
Consumables management 869.2 709.4 22.5 %
Business jet   260.3   183.8 41.6 %
Total $ 2,282.1 $ 1,845.1 23.7 %
 
OPERATING EARNINGS
Nine Months Ended September 30,
    ($ in millions)
Segment 2012 2011 % Change
Commercial aircraft $ 202.7 $ 157.8 28.5 %
Consumables management * 175.0 140.5 24.6 %
Business jet   37.3   20.6 81.1 %
Total $ 415.0 $ 318.9 30.1 %
 
* 2012 consumables management operating earnings adjusted to exclude AIT costs of $13.1 million
 

For the nine months ended September 30, 2012, CAS operating earnings of $202.7 million increased 28.5 percent as compared with the prior year period. Operating margin of 17.6 percent expanded 100 basis points as compared with the prior year period due to leverage at the higher revenue level and ongoing operational efficiency initiatives.

If you liked this article you might like

EU Expected to Approve Rockwell Collins Bid for B/E Aerospace

5 Things You Must Know Before the Market Opens Thursday

Here's Who Killed It in October Dealmaking Advice

Rockwell Collins Gambles on B/E at Top of Cycle

Jim Cramer's 'Mad Money' Recap: The Three Faces of the Stock Market