Acquisitions (Tables)

9 Months Ended

Sep. 30, 2012

Fair values of the assets acquired and liabilities assumed

The following table presents the initial purchase price allocation for acquisitions in 2011 and adjustments to the purchase price allocation during the first nine months of 2012:



	Initial Purchase Price Allocation		Adjustments			Adjusted Purchase Price Allocation
Assets:
Accounts receivable, net	$	25.6	$	—		$	25.6
Inventories, net	23.6		—			23.6
Deferred charges and prepaid expenses	0.9		—			0.9
Other current assets	0.1		0.5			0.6
Property, plant and equipment – net	32.1		—			32.1
Goodwill	83.3		25.7			109.0
Other intangible assets	146.9		(25.9		)	121.0
Other non-current assets	0.6		(0.1		)	0.5
Total assets acquired	$	313.1	$	0.2		$	313.3
Liabilities:
Accounts payable, trade	$	10.7	$	—		$	10.7
Salaries, wages and benefits	5.1		—			5.1
Other current liabilities	5.2		—			5.2
Total liabilities assumed	$	21.0	$	—		$	21.0
Net assets acquired	$	292.1	$	0.2		$	292.3

Business Acquisition Purchase price allocation identifiable intangible assets

The following table summarizes the initial purchase price allocation for acquisitions in 2011 and the adjusted purchase price allocation as of September 30, 2012:



	Initial Purchase Price Allocation			Adjusted Purchase Price Allocation
			Weighted - Average Life			Weighted - Average Life
Trade name (not subject to amortization)	$	4.1	Indefinite	$	15.3	Indefinite
Developed Technology	5.4		7 years	8.0		15 years
Trade name	12.0		15 years	0.3		2 years
Know-how	15.0		20 years	20.6		20 years
All customer relationships	108.4		17 years	75.7		10 years
Non-compete agreements	2.0		5 years	1.1		3 years
Total intangible assets allocated	$	146.9		$	121.0