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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 40.6 $ 38.9
Accounts and notes receivable, net of allowances of $6.5 and $6.3 in 2016 and 2015, respectively 469.8 422.8
Inventories, net 518.1 418.8
Other assets 93.1 57.7
Total current assets 1,121.6 938.2
Property, plant and equipment, net of accumulated depreciation of $691.0 and $682.9 in 2016 and 2015, respectively 338.5 339.6
Goodwill 197.0 195.1
Deferred income taxes 140.5 145.7
Other assets, net 63.4 58.8
Total assets 1,861.0 1,677.4
Current Liabilities:    
Short-term debt 184.0 204.1
Current maturities of long-term debt 30.9 31.0
Accounts payable 378.3 320.1
Accrued expenses 209.4 242.6
Income taxes payable 0.6 26.0
Total current liabilities 803.2 823.8
Long-term debt 884.5 506.0
Post-retirement benefits, other than pensions 3.4 4.1
Pensions 121.9 120.8
Other liabilities 121.3 121.1
Total liabilities $ 1,934.3 $ 1,575.8
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 966.9 1,002.4
Retained earnings 1,155.8 1,146.7
Accumulated other comprehensive loss (190.7) (204.7)
Treasury stock, at cost, 43,571,220 shares and 42,491,910 shares as of March 31, 2016 and December 31, 2015, respectively (2,006.7) (1,844.1)
Noncontrolling interests 0.5 0.4
Total stockholders’ equity (73.3) 101.6
Total liabilities and stockholders' equity $ 1,861.0 $ 1,677.4