XML 51 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 420.7 $ 992.4
Trade receivables, net of allowance for doubtful accounts of $31.5 in 2014 and $31.4 in 2013 1,042.7 1,126.4
Other receivables 362.6 147.9
Inventories 765.7 688.4
Deferred taxes 101.8 377.7
Prepaid expenses and other current assets 219.2 84.9
Total current assets 2,912.7 3,417.7
Property and equipment, net 1,024.3 1,134.5
Goodwill 3,057.0 3,114.6
Intangible assets, net 909.6 1,016.9
Non-current deferred taxes 78.0 63.1
Other non-current assets 372.9 387.4
Total assets 8,354.5 9,134.2
Current liabilities:    
Short-term borrowings 417.0 81.6
Current portion of long-term debt 1.3 201.5
Accounts payable 660.2 524.5
Deferred taxes 9.5 8.1
Settlement agreement and related accrued interest   925.1
Accrued restructuring costs 46.2 69.6
Other current liabilities 886.1 890.4
Total current liabilities 2,020.3 2,700.8
Long-term debt, less current portion 4,197.7 4,116.4
Non-current deferred taxes 231.3 278.6
Other non-current liabilities 577.9 647.9
Total liabilities 7,027.2 7,743.7
Commitments and contingencies      
Stockholders’ equity:    
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2014 and 2013      
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued:224,631,950 in 2014 and 205,707,580 in 2013; shares outstanding: 211,883,620 in 2014 and 196,198,672 in 2013 22.5 20.6
Common stock reserved for issuance related to Settlement agreement, $0.10 par value per share, no shares in 2014 and 18,000,000 shares in 2013   1.8
Additional paid-in capital 1,733.0 1,695.3
Retained earnings 383.9 276.4
Common stock in treasury, 12,748,330 shares in 2014 and 9,508,908 shares in 2013 (431.3) (327.6)
Accumulated other comprehensive loss, net of taxes:    
Unrecognized pension items (132.9) (146.2)
Cumulative translation adjustment (251.9) (134.4)
Unrealized gains on derivative instruments 4.0 3.2
Total accumulated other comprehensive loss, net of taxes (380.8) (277.4)
Total parent company stockholders' equity 1,327.3 1,389.1
Noncontrolling interests   1.4
Total stockholders’ equity 1,327.3 1,390.5
Total liabilities and stockholders’ equity $ 8,354.5 $ 9,134.2