Preliminary

(In millions)

Valuation

Consideration Transferred

Cash Consideration

$

670.0

Fair value of previously held equity interest

106.4

Total Consideration Transferred

$

776.4

Recognized amounts of identifiable assets acquired and liabilities assumed

Cash and cash equivalents

$

124.8

Receivables

851.5

Inventories

1,262.0

Assets held for sale

51.5

Prepaid expenses

77.2

Other current assets

115.1

Current assets of discontinued operations

164.9

Operating lease right-of-use assets

291.4

Finance lease right-of-use assets

14.7

Property, plant and equipment

422.1

Deferred income taxes

64.2

Prepaid pension assets

333.9

Other assets

33.5

Non-current assets of discontinued operations

36.8

Total identifiable assets

3,843.6

Accounts payable

(719.4

)

Short-term borrowings

(465.0

)

Accrued compensation and related taxes

(58.2

)

Other current liabilities

(83.0

)

Current operating lease liabilities

(28.9

)

Current finance lease liabilities

(1.8

)

Current liabilities of discontinued operations

(113.5

)

Non-current operating lease liabilities

(262.8

)

Non-current finance lease liabilities

(9.1

)

Deferred income tax liabilities

(81.1

)

Long-term debt

(707.7

)

Pension and other postretirement benefit obligations

(19.0

)

Other non-current liabilities

(9.2

)

Non-current liabilities of discontinued operations

(9.4

)

Total identifiable liabilities

(2,568.1

)

Kloeckner - Net identifiable assets

1,275.5

Goodwill

-

Fair value of noncontrolling interest

499.1

Total – Kloeckner

$

776.4