Acquisitions and Divestitures (Tables)

3 Months Ended

Mar. 30, 2013

Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes our preliminary fair values of the assets acquired and liabilities assumed in the Merger:

In millions
Cash and cash equivalents	$	692
Accounts and notes receivable		774
Inventories		1,045
Other current assets		98
Property, plant and equipment		820
Goodwill		2,526
Intangibles		1,425
Other non-current assets		275
Current liabilities		(865)
Long-term debt		(915)
Income taxes, including current and deferred		(361)
Other liabilities and redeemable noncontrolling interest		(591)
Total purchase price	$	4,923

Pro Forma Consolidated Condensed Financial Results of Operations

The following unaudited pro forma condensed consolidated financial results of operations are presented as if the Merger had been completed on January 1, 2011:

	Three months ended
In millions, except per-share data	March 31, 2012
Pro forma net sales	$	1,857
Pro forma net income attributable to Pentair Ltd.		107
Diluted earnings per common share attributable to Pentair Ltd.		0.51