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Acquisitions (Tables)
6 Months Ended
Jul. 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
$
483.0

Inventories
939.2

Property, plant and equipment
695.7

Goodwill
10,179.5

Other intangible assets, primarily technology and customer relationships
10,645.5

Trade accounts payable
(249.9
)
Pension liabilities
(422.8
)
Deferred tax liabilities
(1,200.6
)
Other assets and liabilities, net
(334.0
)
Net cash consideration
$
20,735.6


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
 
Six-Month Period Ended
 
July 3, 2020
 
June 28, 2019
 
July 3, 2020
 
June 28, 2019
Sales
$
5,323.7

 
$
5,214.3

 
$
10,442.9

 
$
10,132.0

Net earnings from continuing operations
796.6

 
644.5

 
1,512.7

 
866.4

Diluted net earnings per common share from continuing operations (a)
1.06

 
0.85

 
2.05

 
1.14


(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