Business Combinations (Tables)

12 Months Ended

Dec. 31, 2017

Business Acquisition

Summary of Estimated Fair Value of Property Plant and Equipment

The following table presents the components of property, plant and equipment, net as of December 31, 2017 and 2016:

	December 31,
(In millions)	2017		2016
Land and improvements	$	61.3	$	67.5
Buildings and improvements		59.5		62.8
Machinery, equipment, furniture and fixtures		236.4		223.0
Construction work in progress		7.4		10.3
Property, plant and equipment		364.6		363.6
Accumulated depreciation		(117.1)		(74.4)
Property, plant and equipment, net	$	247.5	$	289.2

Summary of Selected Unaudited Pro forma Results of Operations

The following selected unaudited pro forma results of operations of the Company for the years ended December 31, 2017 and 2016 give effect to this business combination as though the transaction occurred on January 1, 2016:

	Year Ended December 31,
(In millions)	2017		2016
Total revenues:
As reported	$	1,346.4	$	1,249.7
Pro forma		1,346.4		1,326.7
Loss from continuing operations:
As reported	$	(120.8)	$	(103.2)
Pro forma		(120.8)		(112.6)

Beck Trading

Business Acquisition

Schedule of Purchase Price Allocation

The following table provides summary information about the purchase consideration and identifiable assets acquired:

(In millions)
Consideration paid at closing	$	23.6
Purchase price allocation:
Inventories	$	10.6
Property, plant and equipment		6.8
Equity method investment		6.1
Prepaid expenses, supplies and other current assets		0.1
Estimated fair value of assets acquired	$	23.6

Summary of Estimated Fair Value of Property Plant and Equipment

The fair value of property, plant and equipment acquired was estimated as follows:

	Estimated Fair
(In millions)	Value
Land and improvements	$	0.7
Buildings and improvements		2.6
Machinery, equipment, furniture and fixtures		3.5
Property, plant and equipment acquired	$	6.8