XML 44 R32.htm IDEA: XBRL DOCUMENT v3.19.1
Business Combinations (Tables)
3 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired In Business Combination
The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed in the
VRV acquisition as of the acquisition date:
 
March 31, 2019
 
Adjustments
 
As Previously Reported
December 31, 2018
Net assets acquired:
 
 
 
 
 
Identifiable intangible assets
$
66.6

 
$

 
$
66.6

Property, plant and equipment
70.5

 

 
70.5

Goodwill
81.1

 
17.9

 
63.2

Other net assets
2.8

 
(15.1
)
 
17.9

Debt
(4.9
)
 

 
(4.9
)
Net assets acquired
$
216.1

 
$
2.8

 
$
213.3

Identifiable Intangible Assets Acquired
Information regarding preliminary identifiable intangible assets acquired in the VRV acquisition is presented below:
 
Weighted-average Estimated Useful Life
 
Preliminary Estimated Asset Fair Value
Finite-lived intangible assets:
 
 
 
Customer relationships
12.0 years
 
$
28.1

Unpatented technology
12.0 years
 
15.9

Other identifiable intangible assets (1)
4.0 years
 
11.8

Trademarks and trade names
14.0 years
 
10.8

Total finite-lived intangible assets acquired
9.0 years
 
$
66.6

_______________
(1) 
Other identifiable intangible assets is included in “Patents and other” in Note 6, “Goodwill and Intangible Assets