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ACQUISITIONS (Notes) | 6 Months Ended
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Jun. 30, 2018
Acquisitions [Abstract] |
Business Combination Disclosure [Text Block] | ACQUISITIONS Axtone Railway Components On January 26, 2017, we acquired 100% of the privately held stock of Axtone Railway Components (Axtone) for a purchase price of $123.1, net of cash acquired. Axtone, which had 2016 revenue of approximately $72, is a manufacturer of highly engineered and customized energy absorption solutions, including springs, buffers, and coupler components for the railway and industrial markets. The final purchase price for Axtone is based on the net assets acquired and liabilities assumed as of January 26, 2017, with the excess of the purchase price of $86 recorded as goodwill. The goodwill arising from this acquisition, which is not expected to be deductible for income tax purposes, has been assigned to the Motion Technologies segment. Allocation of Purchase Price for Axtone
Cash | $ | 9.4 |
Receivables | 11.5 |
Inventory | 13.6 |
Plant, property and equipment | 13.1 |
Goodwill | 86.0 |
Other intangible assets | 9.9 |
Other assets | 5.5 |
Accounts payable and accrued liabilities | (15.2 | )
Postretirement liabilities | (4.2 | )
Other liabilities | (6.5 | )
Net assets acquired | $ | 123.1 |
Pro forma results of operations have not been presented because the acquisition was not deemed material at the acquisition date.

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- Definition Acquisitions [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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