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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations  
Summary of the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed

December 31,

 

    

2019

    

2018

 

Accounts receivable

$

$

3.6

Inventories

 

150.7

 

101.1

Other current assets

 

0.6

 

0.2

Property and equipment

 

2.6

 

55.4

Indefinite-lived intangibles

 

214.0

 

173.9

Current liabilities

 

(16.8)

 

(17.7)

Noncurrent liabilities

 

(13.6)

 

(0.6)

Total consideration

$

337.5

$

315.9

Deferred consideration

(6.8)

Contingent consideration

(10.6)

Total cash used in acquisitions

$

326.9

$

309.1

Summary of unaudited consolidated pro forma results of operations

Year Ended December 31,

 

    

2019

    

2018

 

Revenues

$

23,780.6

$

24,115.7

Income from continuing operations

 

443.7

 

489.6

Net income

 

444.2

 

490.1

Income from continuing operations per diluted common share

$

5.38

$

5.75

Net income per diluted common share

$

5.38

$

5.75