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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 47.8 $ 38.9
Accounts and notes receivable, net of allowances of $7.7 and $6.3 in 2016 and 2015, respectively 570.4 422.8
Inventories, net 474.0 418.8
Other assets 74.3 57.7
Total current assets 1,166.5 938.2
Property, plant and equipment, net of accumulated depreciation of $718 and $682.9 in 2016 and 2015, respectively 346.2 339.6
Goodwill 198.5 195.1
Deferred income taxes 147.4 145.7
Other assets, net 68.0 58.8
Total assets 1,926.6 1,677.4
Current Liabilities:    
Short-term debt 327.8 204.1
Current maturities of long-term debt 215.6 31.0
Accounts payable 371.7 320.1
Accrued expenses 272.2 242.6
Income taxes payable 0.8 26.0
Total current liabilities 1,188.1 823.8
Long-term debt 512.5 506.0
Post-retirement benefits, other than pensions 2.2 4.1
Pensions 72.9 120.8
Other liabilities 126.7 121.1
Total liabilities 1,902.4 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 1,017.5 1,002.4
Retained earnings 1,331.1 1,146.7
Accumulated other comprehensive loss (187.0) (204.7)
Treasury stock, at cost, 44,126,432 shares and 42,491,910 shares as of September 30, 2016 and December 31, 2015, respectively (2,138.7) (1,844.1)
Noncontrolling interests 0.4 0.4
Total stockholders’ equity 24.2 101.6
Total liabilities and stockholders' equity $ 1,926.6 $ 1,677.4