Acquisitions (Tables)

6 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table presents the purchase price allocation at fair value, for the Spinea acquisition as of June 30, 2022.

	Initial Purchase Price Allocation
Assets:
Accounts receivable	$	2.1
Inventories	20.9
Other current assets	2.9
Property, plant and equipment	82.6
Goodwill	39.0
Other intangible assets	31.7
Total assets acquired	$	179.2
Liabilities:
Accounts payable, trade	$	7.4
Salaries, wages and benefits	1.4
Other current liabilities	1.2
Short-term debt	0.1
Long-term debt	0.2
Deferred income taxes	1.0
Other non-current liabilities	15.6
Total liabilities assumed	$	26.9
Net assets acquired	$	152.3

The following table presents the final purchase price allocation at fair value for the iMS acquisition:

	Final Purchase Price Allocation
Total assets acquired	$	9.8
Total liabilities assumed	2.1
Net assets acquired	$	7.7

Summary of Preliminary Purchase Price Allocation For Identifiable Intangible Assets Acquired

The following table summarizes the preliminary purchase price allocation for identifiable intangible assets acquired in 2022:

	Preliminary Purchase Price Allocation
			Weighted - Average Life
Trade names	$	8.2	20 years
Technology and know-how	6.1		6 years
Customer relationships	17.2		17 years
Capitalized software	0.2		2 years
Total intangible assets	$	31.7