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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 1,008.2 $ 1,048.3
Restricted cash and cash equivalents 139.6 136.5
Trade accounts receivable, less allowance of $8.2 (2011-$8.1) 458.0 461.8
Accounts receivable-unconsolidated affiliate 13.7 11.2
Inventories 358.5 329.1
Deferred income taxes 68.7 66.5
Other current assets 86.5 93.0
Total Current Assets 2,133.2 2,146.4
Properties and equipment, net of accumulated depreciation and amortization of $1,758.2 (2011-$1,722.7) 726.8 723.5
Goodwill 150.4 148.2
Deferred income taxes 735.0 759.4
Asbestos-related insurance 500.0 500.0
Overfunded defined benefit pension plans 33.3 37.1
Investment in unconsolidated affiliate 76.4 70.8
Other assets 104.9 108.6
Total Assets 4,460.0 4,494.0
Current Liabilities    
Debt payable within one year 59.1 57.9
Debt payable-unconsolidated affiliate 3.5 3.4
Accounts payable 259.1 257.1
Accounts payable-unconsolidated affiliate 4.5 0.5
Other current liabilities 291.1 314.0
Total Current Liabilities 617.3 632.9
Debt payable after one year 3.0 3.3
Debt payable-unconsolidated affiliate 19.4 18.3
Deferred income taxes 19.1 19.8
Underfunded and unfunded defined benefit pension plans 293.5 407.4
Other liabilities 45.6 49.1
Total Liabilities Not Subject to Compromise 997.9 1,130.8
Liabilities Subject to Compromise-Note 2    
Debt plus accrued interest 949.5 941.8
Income tax contingencies 70.3 69.3
Asbestos-related contingencies 1,700.0 1,700.0
Environmental contingencies 146.3 149.9
Postretirement benefits 184.3 185.2
Other liabilities and accrued interest 152.3 149.5
Total Liabilities Subject to Compromise 3,202.7 3,195.7
Total Liabilities 4,200.6 4,326.5
Commitments and Contingencies-Note 10      
Equity (Deficit)    
Common stock issued, par value $0.01; 300,000,000 shares authorized; outstanding: 2012-74,569,101 (2011-73,886,050) 0.7 0.7
Paid-in capital 479.1 472.9
Retained earnings 362.0 301.1
Treasury stock, at cost: shares: 2012-2,410,659 (2011-3,093,710) (28.7) (36.8)
Accumulated other comprehensive loss (562.3) (578.5)
Total W. R. Grace & Co. Shareholders' Equity (Deficit) 250.8 159.4
Noncontrolling interests 8.6 8.1
Total Equity (Deficit) 259.4 167.5
Total Liabilities and Equity (Deficit) $ 4,460.0 $ 4,494.0