Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of assets acquired and liabilities assumed

(IN THOUSANDS)	As reported in the fourth quarter of 2018			Measurement period adjustments			Final Purchase Price Allocation
Cash and cash equivalents	$	140,747		$	—		$	140,747
Other current assets	699,627			(25,706		)	673,921
Identifiable intangible assets	2,690,000			(21,700		)	2,668,300
Other assets	353,710			58,401			412,111
Equity method investments	25,791			10,439			36,230
Current liabilities	(311,325		)	(7,190		)	(318,515		)
Debt assumed	(77,037		)	—			(77,037		)
Other liabilities	(632,488		)	(39,730		)	(672,218		)
Redeemable noncontrolling interest	(97,510		)	(5,392		)	(102,902		)
Noncontrolling interest	(3,700		)	—			(3,700		)
Excess attributable to Goodwill	4,243,079			30,878			4,273,957
Total Purchase Consideration	$	7,030,894					$	7,030,894

Schedule of intangible assets acquired

(IN THOUSANDS)	Estimated Amounts		Weighted-Average Useful Life
Product formula	$	290,000	10 years
Customer relationships	2,230,000		18 to 20 years
Trade names	140,000		23 years
Favorable/Unfavorable Leases, net	8,300		5 to 15 years
Total	$	2,668,300

Unaudited pro forma information

The unaudited pro forma results for the years ended December 31, 2018 and December 31, 2017 is as follows:

	Year Ended December 31,
(IN THOUSANDS)	2018		2017
Unaudited pro forma net sales	$	5,135,906	$	4,761,115
Unaudited pro forma net income attributable to the Company	474,498		240,784