XML 37 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
Acquisitions and Dispositions (Tables)
9 Months Ended
Sep. 29, 2012
Acquisitions and Dispositions Disclosure  
Schedule of Purchase Price Allocation [Table Text Block]

       The components of the purchase price and net assets acquired for 2012 acquisitions are as follows:

(In millions) One Lambda Doe & Ingalls Other Total
             
Purchase Price            
 Cash paid $ 878.8 $ 174.8 $ 15.4 $ 1,069.0
 Purchase price payable   6.7       6.7
 Fair value of contingent consideration   12.9   1.5   1.4   15.8
 Cash acquired   (1.2)       (1.2)
               
   $ 897.2 $ 176.3 $ 16.8 $ 1,090.3
             
Net Assets Acquired            
 Current assets $ 111.3 $ 21.7 $ 1.8 $ 134.8
 Property, plant and equipment   30.3   11.6   0.1   42.0
 Intangible assets:            
  Customer relationships   335.4   68.2   3.1   406.7
  Product technology   172.5   1.1   7.1   180.7
  Tradenames and other   17.2   16.8     34.0
 Goodwill   274.4   81.3   8.8   364.5
 Other assets     0.4     0.4
 Liabilities assumed   (43.9)   (24.8)   (4.1)   (72.8)
               
   $ 897.2 $ 176.3 $ 16.8 $ 1,090.3
Business Acquisition, Pro Forma Information [Table Text Block]

       The company acquired Dionex Corporation in May 2011, the Phadia group in August 2011 and One Lambda in September 2012. Had the acquisitions of Dionex and Phadia been completed as of the beginning of 2010, and the acquisition of One Lambda been completed as of the beginning of 2011, the company's pro forma results for 2012 and 2011 would have been as follows:

    Three Months Ended Nine Months Ended
   September 29, October 1,September 29, October 1,
(In millions except per share amounts) 2012 2011 2012 2011
             
Revenues $ 3,122.6 $ 3,053.5 $ 9,383.7 $ 9,158.5
               
Income from Continuing Operations $ 318.8 $ 289.0 $ 920.6 $ 816.9
               
Net Income $ 309.8 $ 288.1 $ 849.5 $ 1,127.0
               
Earnings per Share from Continuing Operations:            
 Basic $ 0.88 $ 0.76 $ 2.52 $ 2.12
 Diluted $ 0.87 $ 0.75 $ 2.50 $ 2.09
               
Earnings per Share:            
 Basic $ 0.85 $ 0.75 $ 2.32 $ 2.93
 Diluted $ 0.85 $ 0.75 $ 2.31 $ 2.89