XML 75 R20.htm IDEA: XBRL DOCUMENT v3.2.0.727
Acquisitions (Tables)
3 Months Ended
Jul. 31, 2015
Acquisitions [Abstract]  
Components of business acquisition purchase price

 

 

 

 

 

 

 

Shares issued

  

$

 2,035.5

  

Assumed debt from Big Heart

  

 

2,630.2

  

Cash consideration, net of cash acquired

  

 

1,232.1

  

 

  

 

 

 

Total purchase price

  

$

5,897.8

  

 

  

 

 

 

 

Estimated fair values of the assets acquired and liabilities assumed

 

 

 

 

 

 

 

Assets acquired:

  

 

 

 

Trade receivables

  

$

142.0

  

Inventories

  

 

254.5

  

Other current assets

  

 

208.2

  

Property, plant, and equipment

  

 

324.0

  

Intangible assets

  

 

4,009.8

  

Goodwill

  

 

2,873.0

  

Other noncurrent assets

  

 

28.3

  

 

  

 

 

 

Total assets acquired

  

$

7,839.8

  

 

  

 

 

 

Liabilities assumed:

  

 

 

 

Current liabilities

  

$

393.2

  

Deferred tax liabilities

  

 

1,464.0

  

Other noncurrent liabilities

  

 

84.8

  

 

  

 

 

 

Total liabilities assumed

  

$

1,942.0

  

 

  

 

 

 

Net assets acquired

  

$

5,897.8

  

 

  

 

 

 

 

 

 

 

 

 

The purchase price allocated to the identifiable intangible assets

 

 

 

 

 

 

 

Intangible assets with finite lives:

  

 

 

 

Customer relationships (25-year useful life)

  

$

2,289.8

  

Trademarks (15-year useful life)

  

 

257.0

  

Intangible assets with indefinite lives:

  

 

 

 

Trademarks

  

 

1,463.0

  

 

  

 

 

 

Total intangible assets

  

$

4,009.8

  

 

  

 

 

 

 

Business acquisition pro forma information

 

 

 

 

 

 

 

 

  

Three Months Ended
July 31, 2014

 

Net sales

  

$

1,853.5

  

Net income

  

 

122.4

  

Net income per common share - assuming dilution

  

 

1.02