Energizer 2013 Annual Report Download - page 108

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ENERGIZER HOLDINGS, INC.
(Dollars in millions, except per share data)
(21) Subsequent Events
Acquisition of Feminine Care Brands
In October 2013, which is the first fiscal quarter of 2014, the Company acquired the Stayfree pad, Carefree liner and o.b.
tampon feminine care brands in the U.S., Canada and the Caribbean from members of the Johnson & Johnson Family of
Consumer Companies for an aggregate purchase price of $185 in cash. The acquisition was financed primarily with
approximately $135 of available foreign cash for the estimated value of assets acquired in Canada including the Johnson &
Johnson, Inc. manufacturing plant in Montreal, Canada, and approximately $50 of cash, primarily from borrowings under the
Company's available debt facilities for the estimated value of assets acquired in the U.S. Liabilities assumed as a result of the
acquisition are limited primarily to certain employee benefit obligations and are not expected to be material.
Forward looking estimates included in the Notes to Consolidated Financial Statements including, but not limited to, future
estimates of intangible amortization, pension contributions, and lease payments do not include the impact of these recently
acquired brands.
98