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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 536.3us-gaap_CashAndCashEquivalentsAtCarryingValue $ 322.6us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade receivables, net of allowance for doubtful accounts of $27.5 in 2015 and $28.8 in 2014 975.5us-gaap_AccountsReceivableNetCurrent 1,002.2us-gaap_AccountsReceivableNetCurrent
Income tax receivables 44.9us-gaap_IncomeTaxesReceivable 277.0us-gaap_IncomeTaxesReceivable
Other receivables 143.8us-gaap_OtherReceivablesNetCurrent 127.0us-gaap_OtherReceivablesNetCurrent
Inventories 744.3us-gaap_InventoryNet [1] 695.3us-gaap_InventoryNet [1]
Deferred taxes 91.9us-gaap_DeferredTaxAssetsNetCurrent 105.6us-gaap_DeferredTaxAssetsNetCurrent
Assets held for sale 47.3us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 69.3us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Prepaid expenses and other current assets 92.6us-gaap_PrepaidExpenseAndOtherAssetsCurrent 122.1us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 2,676.6us-gaap_AssetsCurrent 2,721.1us-gaap_AssetsCurrent
Property and equipment, net 913.7us-gaap_PropertyPlantAndEquipmentNet [2] 970.6us-gaap_PropertyPlantAndEquipmentNet [2]
Goodwill 2,954.6us-gaap_Goodwill [3] 2,998.6us-gaap_Goodwill
Intangible assets, net 837.5us-gaap_IntangibleAssetsNetExcludingGoodwill [4] 872.2us-gaap_IntangibleAssetsNetExcludingGoodwill [4]
Non-current deferred taxes 100.6us-gaap_DeferredTaxAssetsNetNoncurrent 105.9us-gaap_DeferredTaxAssetsNetNoncurrent
Other non-current assets 370.5us-gaap_OtherAssetsNoncurrent 373.3us-gaap_OtherAssetsNoncurrent
Total assets 7,853.5us-gaap_Assets 8,041.7us-gaap_Assets
Current liabilities:    
Short-term borrowings 85.2us-gaap_ShortTermBorrowings 130.4us-gaap_ShortTermBorrowings
Current portion of long-term debt 1.3us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 1.1us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Accounts payable 686.8us-gaap_AccountsPayableCurrent 638.7us-gaap_AccountsPayableCurrent
Deferred taxes 6.1us-gaap_DeferredTaxLiabilitiesCurrent 4.8us-gaap_DeferredTaxLiabilitiesCurrent
Liabilities held for sale 2.4us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation 6.1us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Accrued restructuring costs 52.9us-gaap_RestructuringReserveCurrent 55.8us-gaap_RestructuringReserveCurrent
Other current liabilities 759.5us-gaap_OtherLiabilitiesCurrent 894.0us-gaap_OtherLiabilitiesCurrent
Total current liabilities 1,594.2us-gaap_LiabilitiesCurrent 1,730.9us-gaap_LiabilitiesCurrent
Long-term debt, less current portion 4,261.8us-gaap_LongTermDebtAndCapitalLeaseObligations 4,282.5us-gaap_LongTermDebtAndCapitalLeaseObligations
Non-current deferred taxes 154.9us-gaap_DeferredTaxLiabilitiesNoncurrent 161.5us-gaap_DeferredTaxLiabilitiesNoncurrent
Other non-current liabilities 692.9us-gaap_OtherLiabilitiesNoncurrent 704.0us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 6,703.8us-gaap_Liabilities 6,878.9us-gaap_Liabilities
Commitments and contingencies      
Stockholders’ equity:    
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2015 and 2014      
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 225,609,374 in 2015 and 224,683,653 in 2014; shares outstanding: 210,622,311 in 2015 and 210,531,894 in 2014 22.6us-gaap_CommonStockValue 22.5us-gaap_CommonStockValue
Additional paid-in capital 1,809.7us-gaap_AdditionalPaidInCapital 1,787.0us-gaap_AdditionalPaidInCapital
Retained earnings 517.6us-gaap_RetainedEarningsAccumulatedDeficit 448.5us-gaap_RetainedEarningsAccumulatedDeficit
Common stock in treasury, 14,987,063 shares in 2015 and 14,151,759 shares in 2014 (524.9)us-gaap_TreasuryStockValue (481.4)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss, net of taxes:    
Unrecognized pension items (219.2)us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax (236.5)us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
Cumulative translation adjustment (455.3)us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax (382.5)us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
Unrealized net (loss) gains on derivative instruments (0.8)us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax 5.2us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
Total accumulated other comprehensive loss, net of taxes (675.3)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (613.8)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity 1,149.7us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,162.8us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and stockholders’ equity $ 7,853.5us-gaap_LiabilitiesAndStockholdersEquity $ 8,041.7us-gaap_LiabilitiesAndStockholdersEquity
[1] Excludes North American foam trays and absorbent pads business inventory. Refer to Note 3, “Divestiture” of the notes to condensed consolidated financial statements for further details.
[2] Excludes North American foam trays and absorbent pads business property and equipment, net. Refer to Note 3, “Divestiture” of the notes to condensed consolidated financial statements for further details.
[3] Excludes North American foam trays and absorbent pads business goodwill. Refer to Note 3, “Divestiture” of the notes to condensed consolidated financial statements for further details.
[4] Excludes North American foam trays and absorbent pads business intangible assets. Refer to Note 3, “Divestiture” of the notes to condensed consolidated financial statements for further details.