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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 38.9 $ 37.5
Accounts and notes receivable, net of allowances of $6.3 and $7.9 in 2015 and 2014, respectively 422.8 421.4
Inventories, net 418.8 463.3
Other assets 57.7 59.3
Total current assets 938.2 981.5
Property, plant and equipment, net 339.6 358.6
Goodwill 195.1 209.4
Deferred income taxes 145.7 130.0
Other assets, net 61.6 84.8
Total assets 1,680.2 1,764.3
Current Liabilities:    
Short-term debt 204.1 226.6
Current maturities of long-term debt 31.2 24.0
Accounts payable 320.1 324.3
Accrued expenses 242.6 239.0
Income taxes payable 26.0 13.4
Total current liabilities 824.0 827.3
Long-term debt 508.6 675.0
Post-retirement benefits, other than pensions 4.1 4.5
Pensions 120.8 129.9
Other liabilities 121.1 118.6
Total liabilities $ 1,578.6 $ 1,755.3
Commitments and contingencies
Stockholders' equity    
Preferred stock, $.01 par value, 25,000,000 shares authorized, no shares issued or outstanding $ 0.0 $ 0.0
Common stock, $.01 par value, 200,000,000 shares authorized, 87,170,197 shares issued 0.9 0.9
Additional paid-in capital 1,002.4 824.9
Retained earnings 1,146.7 1,022.1
Accumulated other comprehensive income (loss) (204.7) (153.5)
Treasury stock, at cost, 42,491,910 shares and 42,535,126 shares for 2015 and 2014, respectively (1,844.1) (1,686.0)
Noncontrolling interests 0.4 0.6
Total stockholders’ equity 101.6 9.0
Total liabilities and stockholders' equity $ 1,680.2 $ 1,764.3