Acquisitions (Tables)

3 Months Ended

Mar. 31, 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		185.6
Inventories, net		70.5
Prepaid expenses and other current assets		45.3
Property, plant and equipment		46.3
Trade names		10.0
Customer relationships		400.0
Other assets		47.8
Short-term borrowings		(202.9	)
Accounts payable		(55.8	)
Deferred taxes		(147.7	)
Other liabilities		(204.2	)
Non-controlling interests		(11.6	)
Total identifiable net assets		204.4
Goodwill		780.1
Total consideration transferred	$	984.5

Supplemental Pro Forma Information Related to Business Acquisitions

The following table presents supplemental pro-forma information as if the acquisition of Niscayah and other 2012 and 2011 acquisitions had occurred on January 2, 2011 for the three months ended March 2, 2011. This pro-forma information includes merger and acquisition-related charges for the period. The pro-forma consolidated results are not necessarily indicative of what the Company’s consolidated net earnings would have been had the Company completed these acquisitions on January 2, 2011.

(Millions of Dollars, except per share amounts)	2011
Net sales		2,622.7
Net earnings attributable to common shareowners		162.8
Diluted earnings per share-continuing operations		0.94