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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 48.8 $ 50.2
Accounts and notes receivable, net of allowances of $6.0 and $6.7 in 2017 and 2016, respectively 513.4 469.8
Inventories, net 522.8 418.5
Other assets 101.4 67.4
Total current assets 1,186.4 1,005.9
Property, plant and equipment, net of accumulated depreciation of $734.1 and $717.2 in 2017 and 2016, respectively 365.6 361.4
Goodwill 197.6 195.1
Deferred income taxes 134.0 136.7
Other assets, net 67.0 61.2
Total assets 1,950.6 1,760.3
Current Liabilities:    
Short-term debt 201.6 52.4
Current maturities of long-term debt 207.6 200.1
Accounts payable 401.0 361.2
Accrued expenses 224.8 265.9
Income taxes payable 2.5 9.0
Total current liabilities 1,037.5 888.6
Long-term debt 693.9 615.7
Post-retirement benefits, other than pensions 2.4 2.8
Pensions 88.3 87.5
Other liabilities 129.5 127.7
Total liabilities 1,951.6 1,722.3
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 1,034.1 1,046.2
Retained earnings 1,378.1 1,353.0
Accumulated other comprehensive loss (176.5) (195.1)
Treasury stock, at cost, 44,436,331 shares and 44,195,250 shares as of March 31,2017 and December 31,2016, respectively (2,238.0) (2,167.4)
Noncontrolling interests 0.4 0.4
Total stockholders’ equity (1.0) 38.0
Total liabilities and stockholders' equity $ 1,950.6 $ 1,760.3