Acquisitions and Dispositions (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Preliminary Allocation of Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of the assets acquired and liabilities assumed as of the acquisition date of April 3, 2019:


Cash and cash equivalents	$	317.5
Accounts receivable		60.4
Prepaid expenses and other assets		31.4
Goodwill		33.8
Intangible assets subject to amortization, customer relationship		19.6
Intangible assets not subject to amortization, reacquired franchise rights		25.5
Property and equipment		0.4
Accounts payable		(21.6	)
Employee compensation payable		(2.5	)
Accrued liabilities		(9.9	)
Accrued payroll taxes and insurance		(7.5	)
Value added taxes payable		(7.4	)
Other long-term liabilities		(24.6	)
Total assets acquired, and liabilities assumed	$	415.1

Summary of Consolidated Unaudited Proforma Historical Net Revenues from Services

Our consolidated unaudited proforma historical net revenues from services, as if Manpower Switzerland had been acquired at the beginning of 2018, are estimated as follows:

	3 Months Ended September 30,				9 Months Ended September 30,
	2019		2018		2019		2018
Net revenues from services	$	5,248.9	$	5,552.4	$	15,765.5	$	16,950.1