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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2014
Acquired Indefinite-lived Intangible Assets [Line Items]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
 
Initial Purchase
Price Allocation
 
 
Weighted -
Average Life
Tradename
$
0.7

5 years
Know-how
2.3

20 years
All customer relationships
1.7

16 years
Non-compete agreements
0.2

5 years
Total intangible assets allocated
$
4.9

 
Fair values of the assets acquired and liabilities assumed
 
Initial Purchase Price Allocation
Assets:
 
Accounts receivable, net
$
2.9

Inventories, net
2.2

Other current assets
0.2

Property, plant and equipment – net
1.7

Goodwill
2.9

Other intangible assets
4.9

Total assets acquired
$
14.8

Liabilities:
 
Accounts payable, trade
$
1.8

Other current liabilities
0.5

Long-term debt
0.5

Total liabilities assumed
$
2.8

Net assets acquired
$
12.0