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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Fair Values Of The Assets Acquired And Liabilities Assumed
The following summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition ($ in millions):
 
2018
 
2017
 
2016
Trade accounts receivable
$
41.1

 
$
21.6

 
$
97.8

Inventories
14.8

 
21.3

 
204.8

Property, plant and equipment
88.4

 
9.1

 
161.8

Goodwill
1,275.4

 
267.6

 
3,061.8

Other intangible assets, primarily customer relationships, trade names and technology
850.7

 
155.1

 
1,867.0

In-process research and development
—

 
—

 
65.0

Trade accounts payable
(6.7
)
 
(9.9
)
 
(50.7
)
Other assets and liabilities, net
(66.5
)
 
(75.0
)
 
(518.0
)
Assumed debt
—

 
—

 
(1.0
)
Attributable to noncontrolling interest
—

 
(4.0
)
 
—

Net assets acquired
2,197.2

 
385.8

 
4,888.5

Less: noncash consideration
(23.9
)
 
—

 
(8.4
)
Net cash consideration
$
2,173.3

 
$
385.8

 
$
4,880.1


The following summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition for the individually significant acquisition in 2018 discussed above, and the other 2018 acquisitions separately ($ in millions):
 
IDT
 
Other
 
Total
Trade accounts receivable
$
36.0

 
$
5.1

 
$
41.1

Inventories
14.8

 
—

 
14.8

Property, plant and equipment
88.2

 
0.2

 
88.4

Goodwill
1,212.6

 
62.8

 
1,275.4

Other intangible assets, primarily customer relationships, trade names and technology
811.0

 
39.7

 
850.7

Trade accounts payable
(5.5
)
 
(1.2
)
 
(6.7
)
Other assets and liabilities, net
(55.0
)
 
(11.5
)
 
(66.5
)
Net assets acquired
2,102.1

 
95.1

 
2,197.2

Less: noncash consideration
(23.9
)
 
—

 
(23.9
)
Net cash consideration
$
2,078.2

 
$
95.1

 
$
2,173.3


The following summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition for the individually significant acquisition in 2016 discussed above, and all of the other 2016 acquisitions as a group ($ in millions):
 
Cepheid
 
Others
 
Total
Trade accounts receivable
$
61.4

 
$
36.4

 
$
97.8

Inventories
165.8

 
39.0

 
204.8

Property, plant and equipment
144.5

 
17.3

 
161.8

Goodwill
2,584.0

 
477.8

 
3,061.8

Other intangible assets, primarily customer relationships, trade names and technology
1,480.0

 
387.0

 
1,867.0

In-process research and development
65.0

 
—

 
65.0

Trade accounts payable
(41.2
)
 
(9.5
)
 
(50.7
)
Other assets and liabilities, net
(452.4
)
 
(65.6
)
 
(518.0
)
Assumed debt
(1.0
)
 
—

 
(1.0
)
Net assets acquired
4,006.1

 
882.4

 
4,888.5

Less: noncash consideration
(8.4
)
 
—

 
(8.4
)
Net cash consideration
$
3,997.7

 
$
882.4

 
$
4,880.1
Results Of Operations If Acquisition Was Consummated
The unaudited pro forma information for the periods set forth below gives effect to the 2018 and 2017 acquisitions as if they had occurred as of January 1, 2017. The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time ($ in millions except per share amounts):
 
2018
 
2017
Sales
$
19,995.7

 
$
18,744.7

Net earnings from continuing operations
2,652.9

 
2,449.8

Diluted net earnings per share from continuing operations
3.74

 
3.47