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Business Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2018
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The consideration paid for Conwed and the final fair values of the assets acquired and liabilities assumed as of the January 20, 2017 acquisition date were as follows ($ in millions):
| Fair Value as of January 20, 2017
Cash and cash equivalents | $ | 3.3 |
Accounts receivable | 15.4 |
Inventory | 20.6 |
Other current assets | 1.1 |
Property, plant and equipment | 31.7 |
Identifiable intangible assets | 134.4 |
Total assets | 206.5 |
Accounts payable | 8.2 |
Deferred tax liabilities | 0.9 |
Net assets acquired | 197.4 |
Goodwill | 106.2 |
Total consideration | $ | 303.6 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The following table shows the fair values assigned to intangible assets ($ in millions):
| Fair Value as of January 20, 2017 |  | Weighted-Average Amortization Period (Years)
Amortizable intangible assets: |  |  |
Customer relationships | $ | 108.0 |  |  | 15.0
Developed technology | 18.1 |  |  | 17.2
Non-competition agreements | 1.2 |  |  | 7.2
Total amortizable intangible assets | 127.3 |  |  |
Indefinite-lived intangible assets: |  |  |
Trade names | 7.1 |  |  | Indefinite
Total | $ | 134.4 |  |  |
Actual and Pro Forma Net Sales and Income from Continuing Operations | The amounts of Net sales and Income from continuing operations of Conwed included in the Company's consolidated income statement from the acquisition date are as follows ($ in millions):
|  | Net Sales |  | Income from Continuing Operations
January 21, 2017 - December 31, 2017 |  | $ | 141.3 |  |  | $ | 11.9 |
The amounts of the unaudited pro forma Net sales and Income from continuing operations of the combined entity had the acquisition date been January 1, 2016 are as follows ($ in millions):
|  | Net Sales |  | Income from Continuing Operations
2017 Supplemental Pro Forma from January 1, 2017 - December 31, 2017 |  | $ | 989.8 |  |  | $ | 31.1 |
2016 Supplemental Pro Forma from January 1, 2016 - December 31, 2016 |  | 984.1 |  |  | 90.6 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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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://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=84161108&loc=d3e4845-128472 + Details
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