Acquisitions Acquisitions (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Identified Assets Acquired and Liabilities Assumed

The following table summarizes the consideration paid for Crem and the amounts of the identified assets acquired and liabilities assumed at the acquisition date:



(in millions)
Total purchase price	$	220.3
Less: cash acquired	4.7
Total purchase price, net of cash acquired	$	215.6

Recognized preliminary amounts of identifiable assets acquired and (liabilities assumed), at fair value:
Cash	$	4.7
Accounts receivable	17.2
Inventories	16.9
Prepaids and other current assets	1.9
Property, plant and equipment	4.9
Other intangible assets	131.2
Other non-current assets	2.1
Accounts payable	(11.4		)
Accrued expenses and other liabilities	(6.0		)
Deferred income taxes	(32.8		)
Pension and postretirement health obligations	(0.4		)
Other long-term liabilities	(5.0		)
Preliminary estimate of the fair value of assets acquired and liabilities assumed	123.3
Allocation to goodwill	$	97.0

Schedule of Preliminary Fair Value Estimates of Intangible Assets Other than Goodwill Acquired

The preliminary fair value estimates for the Company's identifiable intangible assets other than goodwill acquired as part of the acquisition are as follows:



(in millions)	Estimated Fair Values		Estimated Useful Life (in years)	Weighted Average Amortization Period (in years)
Customer relationships	$	64.2	10	10.0
Design libraries	20.6		7 — 20	10.4
Total definite-lived intangible assets	84.8			10.1
Tradename	46.4		Indefinite
Total intangible assets	$	131.2