Acquisitions and Divestitures (Tables)

6 Months Ended

Jun. 30, 2015

Business Combinations [Abstract]

Acquisition and divestiture activity

The Company's acquisition and divestiture activities are summarized below:

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(in millions)
Acquisitions:
Purchase price	$	—	$	7.7	$	46.2	$	125.3
Net cash paid	$	—	$	6.2	$	46.2	$	118.8
Goodwill recorded	$	—	$	5.1	$	—	$	87.2
Divestitures:
Proceeds	$	51.3	$	—	$	51.3	$	—
Gain recognized	$	7.8	$	—	$	7.8	$	—
Goodwill charged off	$	17.3	$	—	$	17.3	$	—

Preliminary purchase price allocation

The following table represents our preliminary purchase price allocation as of June 30, 2015:

	June 30, 2015
	(in millions)
Accounts receivable	$	29.4
Inventories	36.1
Property, plant, and equipment	70.5
Goodwill	409.1
Other assets	76.0
Accounts payable	(15.4		)
Accrued liabilities	(10.1		)
Total net assets acquired	$	595.6