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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Preliminary Allocation of the Fair Value of the Valspar Acquisition
The following table summarizes the allocation of the fair value of the net assets acquired through the Valspar acquisition. This allocation was based on the acquisition method of accounting and third-party valuation appraisals.
Cash
 
$
129.1

Accounts receivable
 
817.5

Inventories
 
684.4

Indefinite-lived trademarks
 
614.3

Finite-lived intangible assets
 
4,922.9

Goodwill
 
5,888.8

Property, plant and equipment
 
840.7

All other assets
 
235.1

Accounts payable
 
(553.2
)
Long-term debt
 
(1,603.5
)
Deferred taxes
 
(1,915.9
)
All other liabilities
 
(1,120.8
)
Total
 
$
8,939.4

Total, net of cash
 
$
8,810.3