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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2019
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):
 
2019
 
2018
 
2017
Trade accounts receivable
$
9.0

 
$
41.1

 
$
21.6

Inventories
9.3

 
14.8

 
20.9

Property, plant and equipment
3.9

 
88.4

 
9.0

Goodwill
217.1

 
1,275.4

 
264.8

Other intangible assets, primarily customer relationships, trade names and technology
113.6

 
850.7

 
154.5

Trade accounts payable
(3.2
)
 
(6.7
)
 
(9.9
)
Other assets and liabilities, net
(18.4
)
 
(66.5
)
 
(75.1
)
Net assets acquired
331.3

 
2,197.2

 
385.8

Less: noncash consideration
—

 
(23.9
)
 
—

Net cash consideration
$
331.3

 
$
2,173.3

 
$
385.8


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 all of the other 2018 acquisitions as a group ($ in millions):
 
IDT
 
Others
 
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
Results Of Operations If Acquisition Was Consummated
The unaudited pro forma information for the periods set forth below gives effect to the 2019 and 2018 acquisitions as if they had occurred as of January 1, 2018. 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):
 
2019
 
2018
Sales
$
17,919.9

 
$
17,222.7

Net earnings from continuing operations
2,429.2

 
2,385.3

Diluted net earnings per share from continuing operations (a)
3.26

 
3.36


(a) Diluted net earnings per share from continuing operations is calculated by adding the interest on the Company’s LYONs to net earnings from continuing operations and deducting the MCPS dividends from net earnings from continuing operations.