Acquisitions, License Agreements and Other Investments Tables

9 Months Ended

Sep. 29, 2017

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following amounts represent the preliminary allocations of the fair value of the identifiable assets acquired and liabilities assumed for the InfaCare Acquisition, including preliminary goodwill, intangible assets and the related deferred tax balances. The Company expects to complete its valuation analysis and finalize deferred tax balances as of the acquisition date no later than twelve months from the date of the acquisition. The changes in the purchase price allocation and preliminary goodwill based on the final valuation may include, but are not limited to, finalization of working capital settlements, the impact of U.S. state tax rates in determining the deferred tax balances and changes in assumptions utilized in the preliminary valuation report.



	InfaCare
Cash and cash equivalents	$	1.3
Intangible assets	113.5
Goodwill	13.3
Other assets, current and non-current	0.1
Total assets acquired	128.2
Current liabilities	14.7
Deferred tax liabilities, net (non-current)	11.3
Contingent consideration	35.0
Total debt	30.0
Total liabilities assumed	91.0
Net assets acquired	$	37.2

Business Combination, Reconciliation of Total Consideration [Table Text Block]

The following is a reconciliation of the total consideration to net assets acquired:



	InfaCare
Total consideration, net of cash	$	70.9
Plus: cash assumed in acquisition	1.3
Total consideration	72.2
Less: contingent consideration	(35.0		)
Net assets acquired	$	37.2

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

Intangible assets acquired consist of the following:



InfaCare	Amount		Amortization Period
In-process research and development ("IPR&D") - stannsoporfin	$	113.5	Non-Amortizable