$WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP Stock $wab

$wab Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000162828018009841 Filed on July 31, 2018

Income Statement

Concept	2018 Q2	2017 Q2	2016 Q4
Revenue	$1.112B	$932.3M	$760.0M
YoY Change	19.25%	28.84%	-8.75%
Cost Of Revenue	$787.7M	$658.3M	$540.8M
YoY Change	19.66%	35.39%	-4.32%
Gross Profit	$324.0M	$274.0M	$219.2M
YoY Change	18.26%	15.41%	-18.1%
Gross Profit Margin	29.15%	29.39%	28.84%
Selling, General & Admin	$171.2M	$127.9M	$130.7M
YoY Change	33.8%	58.69%	43.0%
% of Gross Profit	52.83%	46.69%	59.63%
Research & Development	$19.39M	$23.34M	$19.10M
YoY Change	-16.93%	29.45%	-1.55%
% of Gross Profit	5.98%	8.52%	8.71%
Depreciation & Amortization	$25.30M	$25.90M	$20.40M
YoY Change	-2.32%	53.25%	23.64%
% of Gross Profit	7.81%	9.45%	9.31%
Operating Expenses	$200.4M	$160.6M	$156.4M
YoY Change	24.8%	54.27%	34.36%
Operating Profit	$123.5M	$113.4M	$62.80M
YoY Change	8.95%	-14.95%	-58.47%
Interest Expense	-$32.60M	-$16.90M	-$26.70M
YoY Change	92.9%	238.0%	1305.26%
% of Operating Profit	-26.4%	-14.91%	-42.52%
Other Income/Expense, Net	$2.171M	$936.0K	-$3.100M
YoY Change	131.94%	-176.16%
Pretax Income	$93.77M	$96.73M	$33.10M
YoY Change	-3.05%	-23.89%	-77.84%
Income Tax	$10.50M	$24.57M	-$13.30M
% Of Pretax Income	11.2%	25.4%	-40.18%
Net Earnings	$84.40M	$72.03M	$46.33M
YoY Change	17.18%	-20.4%	-54.48%
Net Earnings / Revenue	7.59%	7.73%	6.1%
Basic Earnings Per Share	$0.88	$0.75	$0.42
Diluted Earnings Per Share	$0.87	$0.75	$0.42
COMMON SHARES
Basic Shares Outstanding	95.99M shares	95.64M shares	89.07M shares
Diluted Shares Outstanding	96.58M shares	96.28M shares

Balance Sheet

Concept	2018 Q2	2017 Q2	2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$246.0M	$329.0M	$398.0M
YoY Change	-25.23%	8.58%	76.11%
Cash & Equivalents	$245.6M	$328.5M	$1.143B
Short-Term Investments
Other Short-Term Assets	$124.3M	$141.1M	$123.4M
YoY Change	-11.89%	294.98%	268.04%
Inventory	$863.8M	$746.2M	$658.5M
Prepaid Expenses
Receivables	$835.2M	$812.7M	$667.6M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.447B	$2.345B	$2.868B
YoY Change	4.35%	37.9%	86.21%
LONG-TERM ASSETS
Property, Plant & Equipment	$555.8M	$547.8M	$518.4M
YoY Change	1.46%	57.13%	46.77%
Goodwill	$2.429B	$2.344B	$2.079B
YoY Change	3.63%	172.5%	142.13%
Intangibles	$1.777B	$1.683B	$1.564B
YoY Change	5.62%	181.32%	157.32%
Long-Term Investments
YoY Change
Other Assets	$71.89M	$73.12M	$62.39M
YoY Change	-1.67%	83.57%	67.55%
Total Long-Term Assets	$4.231B	$4.094B	$3.713B
YoY Change	3.34%	143.86%	119.79%
TOTAL ASSETS
Total Short-Term Assets	$2.447B	$2.345B	$2.868B
Total Long-Term Assets	$4.231B	$4.094B	$3.713B
Total Assets	$6.678B	$6.439B	$6.581B
YoY Change	3.71%	90.54%	103.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$615.7M	$548.2M	$530.2M
YoY Change	12.32%	79.63%	65.94%
Accrued Expenses	$574.0M	$510.0M	$530.0M
YoY Change	12.55%	105.65%	122.69%
Deferred Revenue	$390.1M
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$27.00M	$51.00M	$130.0M
YoY Change	-47.06%
Total Short-Term Liabilities	$1.606B	$1.482B	$1.447B
YoY Change	8.39%	123.02%	117.61%
LONG-TERM LIABILITIES
Long-Term Debt	$1.858B	$1.935B	$1.763B
YoY Change	-3.98%	160.08%	154.77%
Other Long-Term Liabilities	$67.57M	$23.38M	$22.51M
YoY Change	188.98%	-1.86%	-2.05%
Total Long-Term Liabilities	$67.57M	$23.38M	$394.6M
YoY Change	188.98%	-1.86%	129.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.606B	$1.482B	$1.447B
Total Long-Term Liabilities	$67.57M	$23.38M	$394.6M
Total Liabilities	$3.803B	$3.854B	$3.604B
YoY Change	-1.33%	133.12%	135.85%
SHAREHOLDERS EQUITY
Retained Earnings	$2.923B	$2.680B	$2.553B
YoY Change	9.07%	9.35%	11.95%
Common Stock	$911.7M	$899.8M	$871.3M
YoY Change	1.32%	92.31%	85.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$821.2M	$828.4M	$839.0M
YoY Change	-0.87%	-8.56%	8.23%
Treasury Stock Shares	35.96M shares	36.37M shares	36.92M shares
Shareholders Equity	$2.857B	$2.567B	$2.206B
YoY Change
Total Liabilities & Shareholders Equity	$6.678B	$6.439B	$6.581B
YoY Change	3.71%	90.54%	103.78%

Cashflow Statement

Concept	2018 Q2	2017 Q2	2016 Q4
OPERATING ACTIVITIES
Net Income	$84.40M	$72.03M	$46.33M
YoY Change	17.18%	-20.4%	-54.48%
Depreciation, Depletion And Amortization	$25.30M	$25.90M	$20.40M
YoY Change	-2.32%	53.25%	23.64%
Cash From Operating Activities	$43.70M	$12.40M	$203.6M
YoY Change	252.42%	-91.04%	4.14%
INVESTING ACTIVITIES
Capital Expenditures	-$22.20M	-$19.10M	-$18.50M
YoY Change	16.23%	80.19%	13.5%
Acquisitions
YoY Change
Other Investing Activities	-$3.000M	$709.6M	-$98.60M
YoY Change	-100.42%	-3479.05%	352.29%
Cash From Investing Activities	-$25.20M	$690.5M	-$117.1M
YoY Change	-103.65%	-2285.13%	207.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-5.900M	81.10M	635.3M
YoY Change	-107.27%	-230.39%	-586.07%
NET CHANGE
Cash From Operating Activities	43.70M	12.40M	203.6M
Cash From Investing Activities	-25.20M	690.5M	-117.1M
Cash From Financing Activities	-5.900M	81.10M	635.3M
Net Change In Cash	12.60M	784.0M	721.8M
YoY Change	-98.39%	1657.85%	2603.37%
FREE CASH FLOW
Cash From Operating Activities	$43.70M	$12.40M	$203.6M
Capital Expenditures	-$22.20M	-$19.10M	-$18.50M
Free Cash Flow	$65.90M	$31.50M	$222.1M
YoY Change	109.21%	-78.86%	4.86%

Facts In Submission

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	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000943452
CY2018Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	96386379	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
	dei	Trading Symbol TradingSymbol	WAB
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CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10503000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	36627000	USD
CY2017	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	4300000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-75761000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	59411000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	66544000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	59979000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-23025000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-202000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	48406000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	116131000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	94523000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	82031000	USD
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	643000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	701000	shares
CY2018Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	583000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	604000	shares
CY2017Q4	us-gaap	Indefinite Lived Trademarks IndefiniteLivedTrademarks	603400000	USD
CY2018Q2	us-gaap	Indefinite Lived Trademarks IndefiniteLivedTrademarks	602800000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1204432000	USD
CY2018Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1174400000	USD
CY2017Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-17564000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-37422000	USD
CY2018Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-31920000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-52204000	USD
CY2017Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	196763000	USD
CY2018Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	221245000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	742634000	USD
CY2018Q2	us-gaap	Inventory Net InventoryNet	863793000	USD
CY2017Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	378481000	USD
CY2018Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	454678000	USD
CY2017Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	167390000	USD
CY2018Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	187870000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2018Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2017Q4	us-gaap	Liabilities Liabilities	3751448000	USD
CY2018Q2	us-gaap	Liabilities Liabilities	3802978000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6579980000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6677606000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1573330000	USD
CY2018Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1606468000	USD
CY2017Q4	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	354815000	USD
CY2018Q2	us-gaap	Liabilities Other Than Longterm Debt Noncurrent LiabilitiesOtherThanLongtermDebtNoncurrent	338704000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1823303000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1857806000	USD
CY2017Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	47225000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	27115000	USD
CY2018Q2	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.0303
CY2017Q4	us-gaap	Minority Interest MinorityInterest	19664000	USD
CY2018Q2	us-gaap	Minority Interest MinorityInterest	17348000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	41590000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	22764000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	72025000	USD
	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-110077000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	145684000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	41590000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	22764000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-884629000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-69100000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-13703000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	67904000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	195079000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	147400000	USD
	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	195414000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Before Tax Portion Attributable To Parent OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent	-189680000	USD
	us-gaap	Net Income Loss NetIncomeLoss	145914000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	84416000	USD
	us-gaap	Net Income Loss NetIncomeLoss	172782000	USD
CY2017Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	135000	USD
CY2017Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	100000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1750000	USD
CY2018Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1100000	USD
CY2018Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1145000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-2054000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	936000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	5747000	USD
CY2018Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2171000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4757000	USD
CY2018Q2	us-gaap	Number Of Countries In Which Entity Operates NumberOfCountriesInWhichEntityOperates	31	country
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	193028000	USD
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-112827000	USD
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	160606000	USD
	us-gaap	Operating Expenses OperatingExpenses	315801000	USD
CY2018Q2	us-gaap	Operating Expenses OperatingExpenses	200444000	USD
	us-gaap	Operating Expenses OperatingExpenses	380046000	USD
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	113357000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	227869000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	123523000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	254802000	USD
CY2017Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	302112000	USD
CY2018Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	272906000	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	122291000	USD
CY2018Q2	us-gaap	Other Assets Current OtherAssetsCurrent	124286000	USD
CY2017Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	122291000	USD
CY2018Q2	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	124286000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	76360000	USD
CY2018Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	71894000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-192778000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-114811000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	147100000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	195053000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-190217000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-111209000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-30000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	3044000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-10665000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax	-10235000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	300000	USD
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	361000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	537000	USD
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	1132000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	1686000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	3379000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-7567000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-5501000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	59658000	USD
CY2018Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	67573000	USD
CY2017Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-41000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	789000	USD
CY2018Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-173000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-207000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	19177000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	23096000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	6802000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	6503000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	846675000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	38277000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	38425000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	39723000	USD
CY2017Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	103734000	USD
CY2018Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	98742000	USD
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2018Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet	745035000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt And Capital Securities Net ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet	591890000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	2679000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	6867000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	471000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	8900000	USD
CY2016Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	138992000	USD
CY2017Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	144758000	USD
CY2017Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	153063000	USD
CY2018Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	153842000	USD
	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	397000	USD
	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	1089000	USD
CY2017Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	137542000	USD
CY2018Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	137064000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	2167857000	USD
CY2017Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	127918000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	250605000	USD
CY2018Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	171157000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	318358000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	11879000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	13983000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	77.38
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	16137	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	82580	shares
CY2017Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	15521000	USD
CY2018Q2	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	16778000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	16479000	USD
	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	26405000	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	15961000	USD
	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	27475000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	72160000	USD
	us-gaap	Profit Loss ProfitLoss	144164000	USD
CY2018Q2	us-gaap	Profit Loss ProfitLoss	83271000	USD
	us-gaap	Profit Loss ProfitLoss	170728000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1026046000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1009198000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	573972000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	555834000	USD
CY2017Q4	us-gaap	Provision For Loss On Contracts ProvisionForLossOnContracts	94000000	USD
CY2018Q2	us-gaap	Provision For Loss On Contracts ProvisionForLossOnContracts	81200000	USD
CY2017Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	1166787000	USD
CY2018Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	1213234000	USD
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-2027000	USD
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-1618000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	680145000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	546394000	USD
CY2017Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	23338000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	46802000	USD
CY2018Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	19388000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	41437000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2773300000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2922986000	USD
CY2017Q2	us-gaap	Sales Revenue Net SalesRevenueNet	932253000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	1848287000	USD
CY2018Q2	us-gaap	Sales Revenue Net SalesRevenueNet	1111680000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	73.76
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	78.76
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	75.94
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue	81.34
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0023
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0031
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.234
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.239
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0217
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0278
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	579744	shares
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	42.09
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	22165000	USD
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	40137000	USD
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	38406000	USD
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	983512	shares
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	756921	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	40.62
CY2018Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	47.84
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	22.94
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CY2018Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	32750000	USD
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	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P4Y11M
CY2018Q2	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	5200000	USD
	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	-5887000	USD
	us-gaap	Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss	1380000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	293034	shares
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CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2828532000	USD
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2874628000	USD
CY2017Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	36315182	shares
CY2018Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	35963155	shares
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CY2018Q2	us-gaap	Treasury Stock Value TreasuryStockValue	821178000	USD
CY2017Q4	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	366168000	USD
CY2018Q2	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	378084000	USD
CY2017Q2	us-gaap	Undistributed Earnings UndistributedEarnings	62420000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	126737000	USD
CY2018Q2	us-gaap	Undistributed Earnings UndistributedEarnings	72851000	USD
	us-gaap	Undistributed Earnings UndistributedEarnings	149686000	USD
CY2018Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	1200000	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	6900000	USD
CY2017Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	4400000	USD
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96284000	shares
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CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96575000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96471000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	95641000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	95370000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	95992000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	95867000	shares
CY2017Q2	wab	Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest	95917000	shares
	wab	Basic Weighted Average Common Shares Outstanding And Non Vested Restricted Stock Expected To Vest BasicWeightedAverageCommonSharesOutstandingAndNonVestedRestrictedStockExpectedToVest	95666000	shares
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CY2017Q2	wab	Dividends Declared Common Shares DividendsDeclaredCommonShares	9576000	USD
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CY2017Q4	wab	Intercompany Loans IntercompanyLoans	0	USD
CY2018Q2	wab	Intercompany Loans IntercompanyLoans	0	USD
CY2017Q2	wab	Interest Expense And Other Net InterestExpenseAndOtherNet	16628000	USD
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CY2017Q4	wab	Other Assets Non Current Including Goodwill And Intangible Assets Net OtherAssetsNonCurrentIncludingGoodwillAndIntangibleAssetsNet	3740895000	USD
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CY2017	wab	Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpense	24600000	USD
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CY2017	wab	Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Assetand Liabilities Provisional Income Tax Expense Benefit TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetandLiabilitiesProvisionalIncomeTaxExpenseBenefit	50700000	USD
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CY2017Q2	wab	Undistributed Earnings Allocated To Common Shareholders UndistributedEarningsAllocatedToCommonShareholders	62233000	USD
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	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BUSINESS </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Westinghouse Air Brake Technologies Corporation (“Wabtec” or the "Company") is one of the world’s largest providers of value-added, technology-based equipment, systems and services for the global passenger transit and freight rail industries. Our highly engineered products enhance safety, improve productivity and reduce maintenance costs for customers, can be found on most locomotives, freight cars, passenger transit cars and buses around the world, and many of our core products and services are essential in the safe and efficient operation of freight rail and passenger transit vehicles. Wabtec is a global company with operations in </font><font style="font-family:inherit;font-size:10pt;">31</font><font style="font-family:inherit;font-size:10pt;"> countries and our products can be found in more than </font><font style="font-family:inherit;font-size:10pt;">100</font><font style="font-family:inherit;font-size:10pt;"> countries throughout the world. In the first </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months of </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, approximately </font><font style="font-family:inherit;font-size:10pt;">66%</font><font style="font-family:inherit;font-size:10pt;"> of the Company’s revenues came from customers outside the United States.</font></div></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified, where necessary, to conform to the current year presentation. Refer to Recently Adopted Accounting Pronouncements below.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual amounts could differ from the estimates. On an ongoing basis, management reviews its estimates based on currently available information. Changes in facts and circumstances may result in revised estimates. </font></div></div>

Files In Submission

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$WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP Stock $wab

2018 Q2 Form 10-Q Financial Statement

#000162828018009841 Filed on July 31, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WAB WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP Stock $wab

2018 Q2 Form 10-Q Financial Statement

#000162828018009841 Filed on July 31, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP Stock $wab