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Acquisition (Tables) (Penford)
3 Months Ended
Mar. 31, 2015
Penford
 
Summary of preliminary fair values of the assets acquired and liabilities assumed

The following table summarizes the preliminary purchase price allocation as of March 11, 2015 for the acquisition of Penford:

 

(in millions)

 

 

 

Working capital (excluding cash)

 

$

66

 

Property, plant and equipment

 

110

 

Other assets

 

9

 

Identifiable intangible assets

 

116

 

Goodwill

 

107

 

Non-current liabilities assumed

 

(76

)

Total preliminary purchase price

 

$

332