Acquisition (Tables)

6 Months Ended

Jun. 30, 2018

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

The preliminary allocation of the aggregate purchase price to assets acquired and liabilities assumed for the acquisitions described above is as follows:



In millions
Accounts receivable, net	$	28.9
Inventories	30.6
Other current assets	1.3
Property, plant and equipment, net	27.8
Goodwill	131.7
Intangible assets, net	204.2
Other noncurrent assets	0.9
Accounts payable	(13.7		)
Accrued expenses and other current liabilities	(30.3		)
Other noncurrent liabilities	(6.4		)
Total consideration	$	375.0

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma financial information for the three and six months ended June 30, 2018 and 2017 reflects the consolidated results of operations of the Company as if these six acquisitions had taken place on January 1, 2017:



	Three months ended				Six months ended
In millions, except per share amounts	2018		2017		2018		2017
Net revenues	$	724.4	$	678.0	$	1,360.3	$	1,275.8
Net earnings attributable to Allegion plc	$	118.3	$	107.5	$	193.8	$	172.3
Basic net earnings per share	$	1.25	$	1.13	$	2.04	$	1.81
Diluted net earnings per share	$	1.24	$	1.12	$	2.03	$	1.79

Revenues and Net earnings from acquired business [Table Text Block]

The following financial information reflects Net revenues and Earnings before income taxes of the acquisitions for the three and six months ended June 30, 2018 since their respective acquisition dates included in the Condensed and Consolidated Statement of Comprehensive Income. Accordingly, no Net revenues or Earnings before income taxes of the two businesses acquired subsequent to June 30, 2018 are included in the table below:



In millions	Three months ended June 30, 2018			Six months ended June 30, 2018
Net revenues	$	34.0		$	60.0

Earnings before income taxes	$	(0.5	)	$	(1.6	)