Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents		$ 959.5	$ 1,226.7
Receivables, net		2,157.2	1,960.1
Inventories, net		859.1	773.4
Income tax receivables		41.3	36.0
Prepaid expenses		184.8	136.0
Other current assets		2.8	8.7
Total current assets		4,204.7	4,140.9
Property, plant and equipment, net		1,973.1	1,658.1
Investments and other non-current assets		518.5	352.2
Goodwill		1,688.8	1,870.7
Intangible assets, net		164.8	212.5
Total assets		8,549.9	8,234.4
Liabilities and equity
Short-term debt	[1]	19.7	219.8
Accounts payable		1,280.8	1,196.5
Accrued expenses		1,028.6	921.0
Income tax payable		102.2	81.6
Other current liabilities		223.3	178.7
Total current liabilities		2,654.6	2,597.6
Long-term debt	[1]	1,321.7	1,323.6
Pension liability		225.9	237.5
Other non-current liabilities		178.3	149.3
Total non-current liabilities		1,725.9	1,710.4
Commitments and contingencies
Common stock	[2]	102.8	102.8
Additional paid-in capital		1,329.3	1,329.3
Retained earnings		4,079.2	3,861.8
Accumulated other comprehensive loss	[3]	(287.5)	(565.5)
Treasury stock (15.8 and 14.6 shares, respectively)		(1,188.7)	(1,051.2)
Total controlling interest’s equity		4,035.1	3,677.2
Non-controlling interest		134.3	249.2
Total equity	[4]	4,169.4	3,926.4
Total liabilities and equity		$ 8,549.9	$ 8,234.4

[1] Debt as reported in balance sheet.

[2] Number of shares: 350 million authorized, 102.8 million issued for both years, and 87.0 and 88.2 million outstanding, net of treasury shares, for 2017 and 2016, respectively.

[3] The components of Other Comprehensive Income (Loss) are net of any related income tax effects.

[4] See Note 13 for further details – includes tax effects where applicable.