Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Recognized Identified Assets Acquired and liabilities assumed

The fair values of the assets acquired and liabilities assumed as of the acquisition date are presented in the following table (in millions):



Current assets	$	59.5
Property, plant and equipment	20.8
Intangible assets	64.4
Goodwill	67.2
Total assets acquired	211.9

Current liabilities	12.2
Total liabilities assumed	12.2
Net assets acquired	$	199.7

The fair values of the assets acquired and liabilities assumed as of the acquisition date are presented in the following table (in millions):



Current assets	$	87.0
Property, plant and equipment	17.8
Intangible assets	7.6
Goodwill	25.8
Total assets acquired	138.2

Current liabilities	23.5
Long-term liabilities	8.2
Total liabilities assumed	31.7
Net assets acquired	$	106.5

Schedule of Acquired Other Identifiable Intangible Assets

The acquired identifiable intangible assets of Precision Planting as of the date of the acquisition are summarized in the following table (in millions):



Intangible Assets	Amount		Weighted-Average Useful Life
Customer relationships	$	21.4	14	years
Technology	25.1		10	years
Trademarks	17.9		20	years
	$	64.4

The acquired identifiable intangible assets of Lely as of the date of the acquisition are summarized in the following table (in millions):



Intangible Assets	Amount		Weighted-Average Useful Life
Customer relationships	$	3.0	5	years
Technology	3.0		12	years
Trademarks	1.6		10	years
	$	7.6