Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes our preliminary estimate of the fair values of the identifiable assets acquired and liabilities assumed as of January 1, 2015:

In millions	January 1, 2015
Cash	$	10.2
Accounts receivable	37.7
Inventories	97.1
Property, plant and equipment	63.6
Intangible assets	272.2
Other assets	36.3
Accounts payable, accrued expenses and other liabilities	(110.5		)
Net identifiable assets acquired	406.6
Goodwill	436.5
Net assets acquired	$	843.1

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The Company recorded intangible assets based on their estimate fair value, which consisted of the following:

In millions	Useful Life	January 1, 2015
Customer relationships	14 years	$	179.4
Trademarks	Indefinite	40.2
Completed technologies/patents	10 years	36.6
Other	2 - 5 years	16.0
Total		$	272.2

Summarized Financial Information For Discontinued Operations Text Block [Table Text Block]

The components of Discontinued operations, net of tax for the three and nine months ended September 30 were as follows:

	Three months ended						Nine months ended
In millions	2015			2014			2015			2014
Net revenues	$	—		$	—		$	—		$	—
Pre-tax loss from discontinued operations	$	(4.7	)	$	(9.8	)	$	(23.6	)	$	(27.3	)
Tax benefit (expense)	(7.3		)	2.8			0.2			18.7
Discontinued operations, net of tax	$	(12.0	)	$	(7.0	)	$	(23.4	)	$	(8.6	)