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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and liabilities assumed

The fair values of the assets acquired and liabilities assumed as of the acquisition date are presented in the following table (in millions):

Current assets	$	74.2
Property, plant and equipment	21.9
Intangible assets	128.9
Goodwill	237.9
Total assets acquired	462.9
Current liabilities	63.8
Deferred tax liabilities	38.5
Long-term debt and other noncurrent liabilities	10.5
Total liabilities assumed	112.8
Net assets acquired	$	350.1

The preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date are presented in the following table (in millions):

Current assets	$	84.6
Property, plant and equipment	24.3
Intangible assets	7.6
Goodwill	17.4
Total assets acquired	133.9
Current liabilities	23.6
Long-term liabilities	8.2
Total liabilities assumed	31.8
Net assets acquired	$	102.1

The preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date are presented in the following table (in millions):

Current assets	$	59.5
Property, plant and equipment	20.8
Intangible assets	64.4
Goodwill	67.2
Total assets acquired	211.9
Current liabilities	12.2
Total liabilities assumed	12.2
Net assets acquired	$	199.7

Schedule of Acquired Other Identifiable Intangible Assets

The acquired identifiable intangible assets of Precision Planting as of the date of the acquisition are summarized in the following table (in millions):

Intangible Asset		Amount				Weighted-Average Useful Life
Customer relationships		$	21.4			14	years
Technology		25.1				10	years
Trademarks		17.9				20	years
		$	64.4

The acquired identifiable intangible assets of Farmer Automatic as of the date of the acquisition are summarized in the following table (in millions):

Intangible Asset		Amount				Weighted-Average Useful Life
Customer relationships		$	4.1			10	years
Technology		3.6				10	years
Trademarks		1.9				10	years
		$	9.6

The acquired identifiable intangible assets of Tecno as of the date of the acquisition are summarized in the following table (in millions):    

Intangible Asset		Amount				Weighted-Average Useful Life
Customer relationships		$	15.7			10	years
Technology		7.9				10	years
Trademarks		3.9				10	years
		$	27.5

The acquired identifiable intangible assets of Cimbria as of the date of the acquisition are summarized in the following table (in millions):

Intangible Asset		Amount				Weighted-Average Useful Life
Customer relationships		$	50.4			9	years
Technology		22.5				10	years
Trademarks		56.0				20	years
		$	128.9

The acquired identifiable intangible assets of Lely as of the date of the acquisition are summarized in the following table (in millions):

Intangible Asset		Amount				Weighted-Average Useful Life
Customer relationships		$	3.0			5	years
Technology		3.0				12	years
Trademarks		1.6				10	years
		$	7.6

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- References

No definition available.

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- Definition

Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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- 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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

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