Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Finishing Brands

Acquisitions

Schedule of unaudited combined pro forma financial information

	Pro Forma Twelve Months Ended December 31,
(in millions)	2015		2014
Net sales	$	3,604.4	$	3,482.3
Income from continuing operations		332.2		271.4

Summary of consideration transferred and the allocation of the consideration to acquired assets and assumed liabilities

	Preliminary Allocation			Measurement Period Adjustments			Preliminary Allocation
(in millions)	As of 4/1/2015			Nine Months Ended 12/31/2015			As of 12/31/2015
Total cash consideration transferred and payable	$	610.6		$	0.5		$	611.1
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	$	12.2		$	—		$	12.2
Receivables		57.3			—			57.3
Inventories		40.9			3.0			43.9
Prepaid expenses and other current assets		6.4			—			6.4
Property, plant, and equipment		41.0			(0.3	)		40.7
Definite-lived intangible assets		216.0			—			216.0
Indefinite-lived intangible assets		125.0			—			125.0
Deferred income tax assets		1.9			(1.2	)		0.7
Other long-term assets		3.8			(0.3	)		3.5
Line of credit		(1.4	)		—			(1.4	)
Accounts payable		(16.3	)		—			(16.3	)
Income tax payable		(1.9	)		(0.1	)		(2.0	)
Accrued expenses		(15.6	)		—			(15.6	)
Deferred income tax liabilities		(28.8	)		0.6			(28.2	)
Other long-term liabilities		(5.6	)		(0.7	)		(6.3	)
Total identifiable net assets		434.9			1.0			435.9
Goodwill	$	175.7		$	(0.5	)	$	175.2

LHi Technology

Acquisitions

Summary of consideration transferred and the allocation of the consideration to acquired assets and assumed liabilities

	Final Allocation
(in millions)	As of 10/1/2015
Total cash consideration transferred	$	200.7
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	$	6.7
Receivables		26.9
Inventories		17.1
Prepaid expenses and other current assets		2.9
Property, plant, and equipment		4.5
Definite-lived intangible assets		74.5
Indefinite-lived intangible assets		6.0
Other long-term assets		8.8
Accounts payable		(16.9	)
Income tax payable		(0.3	)
Accrued expenses		(6.0	)
Net deferred tax liabilities		(16.2	)
Other long-term liabilities		(20.1	)
Total identifiable net assets		87.9
Goodwill	$	112.8