Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed from acquisitions discussed above as of December 31, 2021 ($ in millions):

	Provation		ServiceChannel		Total
Accounts receivable	$	39.6	$	10.0	$	49.6
Goodwill	969.6		873.4		1,843.0
Other intangible assets, primarily customer relationships, technology, database, and trade names	586.5		342.9		929.4
Deferred revenue, current	(50.2)		(1.7)		(51.9)
Deferred tax liabilities	(119.4)		(50.8)		(170.2)
Other assets and liabilities, net	(20.5)		(7.1)		(27.6)
Net cash consideration	$	1,405.6	$	1,166.7	$	2,572.3

The following table summarizes the combined final fair values and provisional fair value estimates of the assets acquired and liabilities assumed of Principal and Non-Principal Countries that have been transferred to ASP as of December 31, 2021; we did not acquire accounts receivable or accounts payable from Johnson & Johnson ($ in millions):

	Advanced Sterilization Products
Inventories	$	211.1
Property, plant and equipment	51.7
Goodwill	1,450.2
Other intangible assets, primarily customer relationships, trade names and technology	1,123.5
Other assets and liabilities, net	(94.5)
Net cash consideration	$	2,742.0

The following summarizes the estimated fair values of the assets acquired and liabilities assumed for all acquisitions consummated during the years ended December 31. Balances presented for 2020 and 2019 reflect final measurement period adjustments ($ in millions):

	2021		2020		2019
Accounts receivable	$	49.8	$	0.1	$	44.1
Inventories	$	11.5	26.9		186.9
Property, plant and equipment	$	5.2	5.0		54.3
Goodwill	$	1,840.8	30.9		2,220.3
Other intangible assets, primarily customer relationships, trade names and technology	$	929.4	9.5		1,659.5
Prepaid acquisition asset related to ASP Non-Principal Countries	$	—	—		34.7
Trade accounts payable	$	(10.4)	(1.1)		(7.5)
Other assets and liabilities, net	$	(256.2)	(41.8)		(287.3)
Net cash consideration	$	2,570.1	$	29.5	$	3,905.0