14.1%

Operating margin

$272 MILLION

Free Cash Flow*

End Market Sales (2015)

Defense
Commercial
 Aerospace
Power
 Generation
General
 Industrial
End Market Sales (2015)
Defense
Commercial
 Aerospace
Power
 Generation
General
 Industrial

*Free cash flow is defined as cash flow from operations less capital expenditures.
2015 adjusted to remove the $145 million contribution to the Company’s corporate defined benefit pension plan.