XML 107 R33.htm IDEA: XBRL DOCUMENT
v3.20.1

ACQUISITIONS AND INVESTMENTS (Tables) | 3 Months Ended
--- | ---
Mar. 28, 2020
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the estimated acquisition date value of identifiable net assets acquired and liabilities assumed:
(Millions of Dollars) |
Cash and cash equivalents | $ | 35.5 |
Accounts receivable, net | 48.6 |
Inventories, net | 127.5 |
Prepaid expenses and other assets | 3.5 |
Property, plant and equipment | 124.7 |
Trade names | 25.0 |
Customer relationships | 570.0 |
Accounts payable | (26.3 | )
Accrued expenses | (19.8 | )
Deferred taxes | (20.9 | )
Other liabilities | (0.6 | )
Total identifiable net assets | $ | 867.2 |
Goodwill | 626.0 |
Contingent consideration | (155.3 | )
Total consideration paid | $ | 1,337.9 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + 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 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration