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ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Estimated Fair Values Of The Assets Acquired And Liabilities Assumed
The following table contains the estimated fair values (using inputs as discussed in Note 13) of the assets acquired and liabilities assumed at the date of acquisition for all acquisitions during the periods presented. The majority of the goodwill included in the table below is expected to provide an income tax benefit.
 
Six Months Ended June 30,
 
2017
 
2016
Accounts receivable
$
7.8

 
$
1.1

Inventory
5.3

 
4.0

Property, plant and equipment
4.5

 
2.5

Goodwill
13.1

 
3.8

Other intangible assets, primarily customer-related intangibles
17.9

 
7.5

Other current and long-term assets
.1

 

Current liabilities
(3.8
)
 
(2.0
)
Long-term liabilities
(3.5
)
 

Non-controlling interest
(.5
)
 

Fair value of net identifiable assets
40.9

 
16.9

Additional consideration payable
(2.1
)
 
(.4
)
Additional consideration for prior years’ acquisitions

 
.4

Net cash consideration
$
38.8

 
$
16.9


The following table summarizes acquisitions for the periods presented.
Six Months Ended
 
Number of Acquisitions
 
Segment
 
Product/Service
June 30, 2017
 
2
 
Residential Products; Furniture Products
 
Distributor and installer of geosynthetic products; Surface-critical bent tube components
June 30, 2016
 
1
 
Specialized Products
 
Fabricated tubing and pipe assemblies