The following is a summary of the total consideration for the acquisition of the additional ownership interest in McCormick de Mexico (in millions): | | | | | | | Cash paid | $ | 750.0 | | | Effective settlement of preexisting amounts due to McCormick de Mexico | (6.7) | | | Fair value of previously held equity interest | 1,008.0 | | | Total consideration | $ | 1,751.3 | |
| | | | | | | Cash acquired | $ | 20.1 | | | Trade accounts receivable | 195.9 | | | Inventories | 123.4 | | | Other current assets | 36.5 | | | Property, plant and equipment | 56.0 | | | Intangible assets | 1,600.0 | | | Goodwill | 939.9 | | | Other long-term assets | 11.9 | | | Trade accounts payable | (208.2) | | | Other current liabilities | (47.8) | | | Deferred tax liabilities | (469.2) | | | Other long-term liabilities | (2.9) | | | Fair value of noncontrolling interest | (504.3) | | | Net assets acquired | $ | 1,751.3 | |
The following table presents unaudited supplemental pro forma consolidated net sales as if the McCormick de Mexico acquisition had occurred on December 1, 2024. | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended August 31, | | Nine months ended August 31, | | 2026 | | 2025 | | 2026 | | 2025 | | Net sales | $ | 2,024.8 | | | $ | 1,934.1 | | | $ | 5,921.9 | | | $ | 5,603.1 | |
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