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Acquisitions (Tables)
3 Months Ended
Mar. 30, 2013
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
$
82.0

Accounts and notes receivable, net
118.4

Inventories, net
90.5

Prepaid expenses and other current assets
6.0

Property, plant and equipment
39.8

Trade names
20.0

Customer relationships
380.0

Technology
57.0

Other assets
3.8

Short-term borrowings
(0.2
)
Accounts payable
(98.6
)
Accrued expenses
(32.0
)
Deferred taxes
(125.4
)
Other liabilities
(2.5
)
Total identifiable net assets
$
538.8

Goodwill
369.6

Total consideration transferred
$
908.4

Actual Impact from Acquisitions
The Company's Consolidated Statements of Operations and Comprehensive Income for the first quarter of 2013 include $48.4 million in net sales and $3.9 million in net losses from 2013 acquisitions.
Pro-forma Impact from Acquisitions
 
Year-to-Date
(Millions of Dollars, except per share amounts)
2013
 
2012
Net sales
$
2,575.5

 
$
2,619.8

Net earnings attributable to common shareowners
98.6

 
106.1

Diluted earnings per share-continuing operations
0.62

 
0.63