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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
Preliminary Purchase Price Allocation

Based on this preliminary fair valuation, the purchase price is allocated as follows:

 

Preliminary Purchase Price Allocation (in millions):

  

Preliminary value assigned:

  

Accounts receivable

   $ 89.2   

Inventories

     205.5   

Current deferred tax asset

     13.0   

Other current assets

     16.3   

Property, plant and equipment

     129.9   

Intangible assets

     1,151.0   

Goodwill

     798.7   

Other assets

     10.9   

Accounts payable

     (49.0

Other current liabilities

     (56.0

Long-term debt

     (1,291.4

Non-current deferred tax liability

     (456.6

Other liabilities

     (20.0
  

 

 

 

Total purchase price, net of cash acquired

   $ 541.5   
  

 

 

 
Unaudited Proforma Financial Information
(in millions, except per share data)    2013      2012  

Net sales

   $ 7,893.4       $ 7,540.3   

Net income

     274.4         276.3   

Earnings per share:

     

Basic

   $ 2.19       $ 2.06   

Diluted

   $ 2.17       $ 2.05