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Supplemental Cash Flow Information (Tables)
12 Months Ended
Dec. 31, 2017
Schedule of Payments for Interest and Income Taxes

Payments for interest and income taxes were as follows:

 

 

 

2017

 

 

2016

 

 

2015

 

Interest

 

$

64

 

 

$

64

 

 

$

66

 

Income taxes

 

$

204

 

 

$

247

 

 

$

214

 

 

Payments to Acquire Businesses  
Summary of Fair Values of Identifiable Assets Acquired and Liabilities Assumed

The Company’s payments for acquisitions of businesses and interests in affiliates, net of cash acquired were as follows:

 

 

 

2017

 

 

2016

 

 

2015

 

Payments to acquire businesses:

 

 

 

 

 

 

 

 

 

 

 

 

Fair value of assets acquired, excluding cash

 

$

(17.2

)

 

$

(529.5

)

 

$

(146.4

)

Liabilities assumed

 

 

0.3

 

 

 

50.9

 

 

 

7.9

 

Fair value of earn-out and deferred purchase consideration

 

 

3.1

 

 

 

 

 

 

39.6

 

Less: Non-controlling interest

 

 

 

 

 

252.3

 

 

 

 

Payments to acquire businesses, net of cash acquired

 

$

(13.8

)

 

$

(226.3

)

 

$

(98.9

)

Payments to acquire equity method investments

 

 

(111.5

)

 

 

 

 

 

 

Payments to acquire additional interests in subsidiaries

 

 

 

 

 

 

 

 

(4.2

)

Payments to acquire businesses and interests in affiliates,

   total

 

$

(125.3

)

 

$

(226.3

)

 

$

(103.1

)

 

The Company has made the following acquisitions of businesses and interests in affiliates in the years presented in the table above:

2017: Fotonic i Norden dp AB (see Note 2) and Zenuity (50%) (see Note 7).

2016: Autoliv-Nissin Brake Systems (see Note 2).

2015: M/A-COM Automotive Solutions.