Acquisitions (Tables)

3 Months Ended

Mar. 31, 2016

Acquired Indefinite-lived Intangible Assets [Line Items]

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The following table summarizes the preliminary purchase price allocation for identifiable intangible assets acquired in 2015:

	Initial Purchase Price Allocation
			Weighted - Average Life
Trade name	$	1.7	11 years
Technology	17.1		20 years
All customer relationships	43.9		20 years
Capitalized Software	1.2		3 years
Total intangible assets	$	63.9	19 years

Fair values of the assets acquired and liabilities assumed

Pro forma results of operations have not been presented because the effects of the acquisition were not significant to the Company's income from continuing operations before income taxes or total assets in 2015. The following table presents the preliminary purchase price allocations for the acquisition in 2015: 

	Initial Purchase Price Allocation
Assets:
Cash and cash equivalents	$	0.1
Accounts receivable, net	13.3
Inventories, net	48.5
Other current assets	1.1
Property, plant and equipment, net	37.9
Goodwill	70.8
Other intangible assets	63.9
Total assets acquired	$	235.6
Liabilities:
Accounts payable, trade	$	10.2
Salaries, wages and benefits	1.1
Other current liabilities	1.3
Non-Current Pension Liability	2.3
Non-Current Deferred Tax Liability	5.9
Total liabilities assumed	$	20.8
Net assets acquired	$	214.8