XML 61 R49.htm IDEA: XBRL DOCUMENT v3.19.2
Acquisitions - Summary of Fair Values of Assets Acquired and Liabilities Assumed by Major of assets and Liabilities and Measurement Period Adjustments (Details) - USD ($)
$ in Millions
Jun. 30, 2019
Nov. 02, 2018
Sep. 30, 2018
Jun. 30, 2018
Business Acquisition [Line Items]        
Goodwill $ 7,321.9   $ 5,577.6  
Total assets acquired 5,943.9     $ 230.2
Liabilities assumed $ 2,450.4     $ 14.6
KapStone Acquisition [Member]        
Business Acquisition [Line Items]        
Cash and cash equivalents   $ 8.6    
Current assets, excluding cash and cash equivalents   878.9    
Property, plant and equipment, net   1,910.3    
Goodwill   1,755.0    
Intangible assets   1,336.1    
Other long-term assets   27.9    
Total assets acquired   5,916.8    
Current portion of debt   33.3    
Current liabilities   337.5    
Long-term debt due after one year   1,333.4    
Accrued pension and other long-term benefits   9.8    
Deferred income taxes   609.7    
Other long-term liabilities   118.4    
Liabilities assumed   2,442.1    
Net assets acquired   3,474.7    
KapStone Acquisition [Member] | Measurement Period Adjustments [Member]        
Business Acquisition [Line Items]        
Current assets, excluding cash and cash equivalents [1]   (22.4)    
Property, plant and equipment, net [1]   11.7    
Goodwill [1]   (14.9)    
Intangible assets [1]   30.3    
Other long-term assets [1]   (0.6)    
Total assets acquired [1]   4.1    
Current liabilities [1]   1.1    
Accrued pension and other long-term benefits [1]   1.5    
Deferred income taxes [1]   (1.3)    
Other long-term liabilities [1]   2.8    
Liabilities assumed [1]   4.1    
KapStone Acquisition [Member] | As Adjusted [Member]        
Business Acquisition [Line Items]        
Cash and cash equivalents [2]   8.6    
Current assets, excluding cash and cash equivalents [2]   856.5    
Property, plant and equipment, net [2]   1,922.0    
Goodwill [2]   1,740.1    
Intangible assets [2]   1,366.4    
Other long-term assets [2]   27.3    
Total assets acquired [2]   5,920.9    
Current portion of debt [2]   33.3    
Current liabilities [2]   338.6    
Long-term debt due after one year [2]   1,333.4    
Accrued pension and other long-term benefits [2]   11.3    
Deferred income taxes [2]   608.4    
Other long-term liabilities [2]   121.2    
Liabilities assumed [2]   2,446.2    
Net assets acquired [2]   $ 3,474.7    
[1] The measurement period adjustments recorded in fiscal 2019 did not have a significant impact on our condensed consolidated statements of income for the three and nine months ended June 30, 2019.
[2] The measurement period adjustments were primarily due to refinements to third party appraisals and carrying amounts of certain assets and liabilities, as well as adjustments to certain tax accounts based on, among other things, adjustments to deferred tax liabilities. The net impact of the measurement period adjustments resulted in a net decrease to goodwill.