Acquisitions (Tables)

9 Months Ended

Oct. 02, 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 nine-month period ended October 2, 2020 ($ in millions):

	Cytiva		Other		Total
Trade accounts receivable	$	481.7	$	1.4	$	483.1
Inventories	939.2		—		939.2
Property, plant and equipment	688.8		—		688.8
Goodwill	10,206.7		94.7		10,301.4
Other intangible assets, primarily technology, customer relationships and trade names	10,655.5		16.4		10,671.9
Trade accounts payable	(248.8)		(0.4)		(249.2)
Pension liabilities	(422.8)		—		(422.8)
Deferred tax liabilities	(1,196.5)		—		(1,196.5)
Other assets and liabilities, net	(389.1)		(8.3)		(397.4)
Net cash consideration	$	20,714.7	$	103.8	$	20,818.5

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				Nine-Month Period Ended
	October 2, 2020		September 27, 2019		October 2, 2020		September 27, 2019
Sales	$	5,895.2	$	5,113.7	$	16,343.9	$	15,247.8
Net earnings from continuing operations	1,064.0		719.7		2,574.1		1,545.0
Diluted net earnings per common share from continuing operations (a)	1.41		0.96		3.46		2.04

(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