Recent Transactions (Tables)

6 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Schedule of aggregated estimated fair value of assets acquired and liabilities assumed

(millions of dollars)
Receivables, net	$	222.8
Inventories, net	195.3
Property, plant and equipment, net	196.6
Goodwill	591.0
Other intangible assets	412.6
Other assets and liabilities	(220.9		)
Accounts payable and accrued expenses	(168.4		)
Total consideration, net of cash acquired	1,229.0
Less: Assumed retirement-related liabilities	31.1
Less: Assumed debt	10.9
Cash paid, net of cash acquired	$	1,187.0