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Acquisitions and Dispositions (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Preliminary Allocation of Purchase Price to Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price to the fair value of assets acquired and liabilities assumed as of the date of the acquisition.

 

(In millions)

 

Accounts receivable

 

$

18.8

 

Inventories

 

 

50.9

 

Property, plant and equipment

 

 

48.5

 

Goodwill

 

 

174.9

 

Identifiable intangible assets

 

 

195.0

 

Other assets

 

 

4.8

 

Total assets

 

 

492.9

 

Accounts payable

 

 

16.8

 

Other liabilities and accruals

 

 

16.3

 

Net assets acquired

 

$

459.8