Recent Transactions (Tables)

9 Months Ended

Sep. 30, 2016

Long Lived Assets Held-for-sale [Line Items]

Disclosure of Long Lived Assets Held-for-sale [Table Text Block]

The assets and liabilities of the Remy light vehicle aftermarket business classified as held for sale as of September 30, 2016 are as follows:

(millions of dollars)
Receivables, net	$	71.5
Inventories, net	91.2
Property, plant and equipment, net	30.5
Goodwill	21.3
Other intangible assets, net	19.6
Other assets	44.2
Impairment of carrying value	(106.5		)
Total assets held for sale	$	171.8
Accounts payable and accrued expenses	$	76.7
Income taxes payable	0.2
Long-term debt	9.0
Retirement-related liabilities	3.6
Other liabilities	5.8
Total liabilities held for sale	$	95.3

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	577.5
Other intangible assets, net	412.6
Other assets and liabilities	(205.1		)
Accounts payable and accrued expenses	(170.7		)
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