Acquisitions (Tables)

6 Months Ended

Jul. 01, 2017

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The components of the purchase price and net assets acquired for 2017 acquisitions are as follows:

(In millions)	Core Informatics			Finesse Solutions			Total
Purchase Price
Cash paid	$	94.6		$	223.1		$	317.7
Purchase price payable	9.1			—			9.1
Cash acquired	(10.1		)	(2.1		)	(12.2		)
	$	93.6		$	221.0		$	314.6
Net Assets Acquired
Current assets	$	2.0		$	19.4		$	21.4
Property, plant and equipment	0.2			1.6			1.8
Definite-lived intangible assets:
Customer relationships	6.3			67.7			74.0
Product technology	29.1			32.0			61.1
Tradenames and other	2.7			2.2			4.9
Indefinite-lived intangible assets:
In-process research and development	—			1.6			1.6
Goodwill	62.5			134.4			196.9
Other assets	0.1			0.3			0.4
Liabilities assumed	(9.3		)	(38.2		)	(47.5		)
	$	93.6		$	221.0		$	314.6

Business Acquisition, Pro Forma Information [Table Text Block]

Had the 2016 acquisitions of FEI Company and Affymetrix, Inc. been completed as of the beginning of 2015, the company’s pro forma results for 2016 would have been as follows:

(In millions except per share amounts)	Three Months Ended   July 2, 2016		Six Months Ended   July 2, 2016
Revenues	$	4,793.8	$	9,398.8
Net Income	$	509.2	$	886.0
Earnings per Share:
Basic	$	1.29	$	2.24
Diluted	$	1.28	$	2.23