Acquisitions and Dispositions (Tables)

3 Months Ended

Mar. 31, 2015

The unaudited pro forma financial information is not intended to represent or be indicative of the Company’s consolidated results of operations or financial condition that would have been reported had these acquisitions been completed as of the beginning of the period presented and should not be taken as indicative of the Company’s future consolidated results of operations or financial condition. Pro forma adjustments are tax-effected at the applicable statutory tax rates.

	Three Months Ended March 31, 2014
Net sales	$	2,826.6
Net loss attributable to RR Donnelley common shareholders		(17.7	)
Net loss per share attributable to RR Donnelley common shareholders:
Basic	$	(0.09	)
Diluted	$	(0.09	)

Pro Forma Adjustments Affecting Net Earnings (Loss)

The following table outlines unaudited pro forma financial information for the three months ended March 31, 2014:

	Three Months Ended March 31, 2014
Amortization of purchased intangibles	$	20.5
Restructuring, impairment and other charges		30.1

Additionally, the pro forma adjustments affecting net loss attributable to RR Donnelley common shareholders for the three months ended March 31, 2014 were as follows:

	Three Months Ended March 31, 2014
Depreciation and amortization of purchased assets, pre-tax	$	(0.2	)
Acquisition-related expenses, pre-tax		18.6
Restructuring and impairment charges, pre-tax		17.1
Inventory fair value adjustment, pre-tax		12.1
Other pro forma adjustments, pre-tax		(10.6	)
Income taxes		(10.2	)

Consolidated Graphics, Esselte and MultiCorpora

Business Acquisition [Line Items]

Schedule of Final Purchase Price Allocation for Acquisitions

Based on the valuations, the final purchase price allocations for these acquisitions as well as the purchase price allocation for an insignificant acquisition were as follows:

Accounts receivable	$	242.0
Inventories		89.6
Prepaid expenses and other current assets		17.5
Property, plant and equipment		337.0
Other intangible assets		205.0
Other noncurrent assets		11.9
Goodwill		300.1
Accounts payable and accrued liabilities		(221.0	)
Other noncurrent liabilities		(57.5	)
Deferred taxes--net		(96.6	)
Total purchase price-net of cash acquired		828.0
Less: debt assumed		118.4
Less: value of common stock issued		319.0
Less: gain on bargain purchase		9.5
Net cash paid	$	381.1

Fair Values, Valuation Techniques and Related Unobservable Inputs of Level Three

The fair values of other intangible assets, technology and goodwill associated with the acquisitions of Esselte, MultiCorpora and Consolidated Graphics were determined to be Level 3 under the fair value hierarchy. The following table presents the fair value, valuation techniques and related unobservable inputs for these Level 3 measurements:

	Fair Value		Valuation Technique	Unobservable Input	Range
Customer relationships	$	178.2	Excess earnings	Discount rate Attrition rate	17.0% - 21.0% 5.0% - 9.5%
Trade names		26.5	Relief-from-royalty method	Discount rate Royalty rate (after-tax)	19.0% 0.5% - 1.5%
Technology		1.1	Excess earnings	Discount rate		17.0%