Acquisitions (Tables)

6 Months Ended

Jun. 30, 2012

Estimated Fair Values of Major Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of major assets acquired and liabilities assumed:

(Millions of Dollars)
Cash and cash equivalents	$	21.1
Accounts and notes receivable, net	181.0
Inventories, net	55.3
Prepaid expenses and other current assets	45.3
Property, plant and equipment	46.3
Trade names	6.0
Customer relationships	350.0
Other assets	43.1
Short-term borrowings	(202.9		)
Accounts payable	(55.8		)
Deferred taxes	(147.7		)
Other liabilities	(212.1		)
Total identifiable net assets	129.6
Goodwill	866.2
Total consideration transferred	$	995.8

Actual Impact from Acquisitions

The following tables presents information for AeroScout, Powers, Lista and other 2012 acquisitions that are included in the Company’s Consolidated Statements of Operations and Comprehensive Income:

	Second Quarter	Year-to-Date
(Millions of Dollars)	2012	2012
Net Sales	$35.4	$54.6
Net (Loss) Income	(0.2)	1.9

Pro-forma Impact from Acquisitions

	Second Quarter				Year-to-Date
(Millions of Dollars, except per share amounts)	2012		2011		2012		2011
Net sales	$	2,845.5	$	2,923.1	$	5,539.4	$	5,588.9
Net earnings attributable to common shareowners	153.1		198.4		272.4		357.0
Diluted earnings per share-continuing operations	0.92		1.15		1.64		2.07