Acquisitions and Divestitures (Tables)

6 Months Ended

Jun. 30, 2011

Acquisitions and Divestitures [Abstract]

Allocation of consideration transferred

	Amount
Cash and cash equivalents	$	0.6
Accounts receivable		27.4
Inventories		23.3
Other current assets		5.7
Property, plant & equipment		66.0
IPR&D intangible assets		162.8
Intangible assets		265.2
Goodwill		186.5
Other assets		5.1
Current liabilties		(21.8	)
Long-term deferred tax and other tax liabilities		(94.8	)
Long-term debt		(27.9	)
Other long-term liabilities		(36.4	)
Net assets acquired	$	561.7

Unaudited pro forma results of operations

	Six Months Ended June 30,
	2011		2010
(Unaudited)	(in millions, except per share amounts)
Net revenues	$	2,002.1	$	1,782.2
Net income	$	98.9	$	119.6
Earnings per share:
Basic	$	0.80	$	0.98
Diluted	$	0.78	$	0.97

Tangible and identifiable intangible assets acquired and liabilities assumed based on estimated fair values

	Amount
	( in millions)
Investments	$	11.5
IPR&D intangible assets		75.8
Intangible assets		39.5
Long-term deferred tax assets		24.3
Contingent consideration obligations		(64.8	)
Long-term deferred tax liabilities		(24.3	)
Net assets acquired	$	62.0