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v3.20.2

Acquisitions (Details) - USD ($) $ in Millions | 6 Months Ended |
--- | --- | ---
Jun. 30, 2020 | Dec. 31, 2019
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed |  |
Goodwill | $ 1,923.7 | $ 2,003.8
Fry Steel |  |
Acquisitions |  |
Sales since acquisition date | 43.8 |
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed |  |
Cash |  | 17.1
Accounts receivable |  | 5.7
Inventories |  | 39.3
Property, plant and equipment |  | 29.4
Goodwill |  | 54.1
Intangible assets subject to amortization |  | 26.0
Intangible assets not subject to amortization |  | 30.3
Other current and long-term assets |  | 0.3
Total assets acquired |  | 202.2
Other current and long-term liabilities |  | 8.3
Total liabilities assumed |  | 8.3
Net assets acquired |  | $ 193.9
Fry Steel | Trade names |  |
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed |  |
Intangible assets not subject to amortization | 30.3 |
Fry Steel | Customer relationships |  |
Summary purchase price allocation information for all acquisitions |  |
Intangible assets acquired subject to amortization | $ 26.0 |
Weighted average lives of identifiable intangible assets | 10 years |

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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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- Definition Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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