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Acquisitions (Tables)
3 Months Ended
Mar. 29, 2014
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
117.3

Inventories, net
86.7

Prepaid expenses and other current assets
5.3

Property, plant and equipment
46.0

Trade names
22.0

Customer relationships
251.0

Technology
28.0

Other assets
3.4

Accounts payable
(99.0
)
Accrued expenses
(52.6
)
Deferred taxes
(68.6
)
Other liabilities
(42.8
)
Total identifiable net assets
$
378.7

Goodwill
529.7

Total consideration transferred
$
908.4

Pro-forma Impact from Acquisitions
 
Year-to-Date
(Millions of Dollars, except per share amounts)
2013
Net sales
$
2,580.0

Net earnings from continuing operations attributable to common shareowners
92.2

Diluted earnings per share-continuing operations
0.58