Business Combinations (Tables)

6 Months Ended

Jun. 30, 2012

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

(In millions)	Schilling		CSI			Total
Cash	$	282.8	$	49.0	*	$	331.8
Previously held equity interest	144.9		—			144.9
Purchase price withheld	—		10.0		**	10.0
Total	$	427.7	$	59.0		$	486.7

_______________________  

*

Includes anticipated recovery of negative working capital.

**

Represents the portion of the purchase price withheld ("holdback") by FMC pursuant to the terms of the stock purchase agreement. The holdback amount will be held and maintained by FMC as security for the payment of any and all amounts to which CSI indemnifies us, including final working capital adjustments and other indemnifications as listed in the stock purchase agreement. FMC may deduct from the holdback any eligible amounts and pay CSI the net amount three years after the closing date.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

(In millions)	Schilling			CSI			Total
Assets:
Cash	$	3.9		$	0.3		$	4.2
Accounts receivable	22.4			8.2			30.6
Inventory	50.6			0.1			50.7
Other current assets	2.1			0.2			2.3
Property, plant and equipment	21.7			0.2			21.9
Intangible assets	145.9			36.2			182.1
Other long-term assets	0.7			—			0.7
Total identifiable assets acquired	247.3			45.2			292.5
Liabilities:
Current liabilities	(33.4		)	(15.8		)	(49.2		)
Other long-term liabilities	(1.9		)	—			(1.9		)
Total liabilities assumed	(35.3		)	(15.8		)	(51.1		)
Net identifiable assets acquired	212.0			29.4			241.4
Goodwill	215.7			29.6			245.3
Net assets acquired	$	427.7		$	59.0		$	486.7

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

	Schilling			CSI
(In millions)	Fair Value		Wgtd. Avg. Amort. Period	Fair Value		Wgtd. Avg. Amort. Period
Technology	$	38.9	12	$	16.9	10
Trademarks/trade name	25.4		20	2.8		15
Customer relationships	42.9		20	16.5		15
Base technology – technical know-how	38.7		15	—		—
Total identifiable intangible assets acquired	$	145.9		$	36.2

Business Acquisition, Pro Forma Information

	Six Months Ended June 30,
(In millions)	2012 Pro Forma		2011       Pro Forma
Revenue	$	2,930.2	$	2,369.6
Net income	$	209.5	$	185.5