Acquisitions (Tables)

3 Months Ended

Apr. 03, 2020

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 for the Cytiva Acquisition ($ in millions):

Trade accounts receivable	$	488.3
Inventories	817.0
Property, plant and equipment	788.9
Goodwill	11,497.2
Other intangible assets, primarily technology and customer relationships	9,003.0
Trade accounts payable	(250.8		)
Pension liabilities	(417.2		)
Deferred tax liabilities	(796.6		)
Other assets and liabilities, net	(395.3		)
Net cash consideration	$	20,734.5

Results Of Operations If Acquisition Was Consummated

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):

	Three-Month Period Ended
	April 3, 2020		March 29, 2019
Sales	$	5,119.5	$	4,922.1
Net earnings from continuing operations	711.2		265.3
Diluted net earnings per common share from continuing operations (a)	0.98		0.34

^(a) Diluted net earnings per common 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