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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2013
Purchase Price Allocation Among Assets Acquired and Liabilities Assumed in Acquisition

The following table presents the purchase price allocation among the assets acquired and liabilities assumed in the acquisitions that occurred during the second quarter of 2013:

 

     (Dollars in millions)  

Assets

  

Current assets

   $ 2.2   

Property, plant and equipment

     0.5   

Intangible assets:

  

Intellectual property

     2.1   

Tradenames

     1.1   

In-process research and development

     19.7   

Customer lists

     8.3   

Goodwill

     10.6   
  

 

 

 

Total assets acquired

     44.5   
  

 

 

 

Less:

  

Current liabilities

     1.1   

Deferred tax liabilities

     4.9   
  

 

 

 

Liabilities assumed

     6.0   
  

 

 

 

Net assets acquired

   $ 38.5