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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 1,024.0 $ 1,179.1
Short-term investments (Note 5) 271.3 337.8
Accounts receivable, net of allowances of $9.9 and $8.7, respectively 549.7 543.6
Other receivables 122.0 55.5
Inventories (Note 2) 773.3 640.9
Prepaid expenses 68.6 59.1
Other current assets 171.5 168.0
Total current assets 2,980.4 2,984.0
Long-term investments (Note 5) 599.0 585.5
Property, plant, and equipment, net 1,276.3 1,060.3
Operating lease right-of-use assets 89.5 80.1
Goodwill 1,170.0 1,167.7
Other intangible assets, net 332.4 336.5
Deferred income taxes 215.2 172.2
Other assets 138.0 101.8
Total assets 6,800.8 6,488.1
Current liabilities    
Accounts payable and accrued liabilities (Note 2) 822.1 876.9
Operating lease liabilities 24.2 25.5
Total current liabilities 846.3 902.4
Long-term debt 594.9 594.4
Contingent consideration liabilities (Note 6) 180.9 172.5
Taxes payable 214.2 236.6
Operating lease liabilities 71.0 58.9
Uncertain tax positions 199.2 171.7
Other liabilities (Note 2) 484.0 203.3
Commitments and contingencies (Note 9)
Stockholders' equity    
Preferred stock, $.01 par value, authorized 50.0 shares, no shares outstanding 0.0 0.0
Common stock, $1.00 par value, 1,050.0 shares authorized, 635.0 and 218.1 shares issued, and 622.9 and 209.1 shares outstanding, respectively (Note 1) 635.0 218.1
Additional paid-in capital 1,381.6 1,623.3
Retained earnings 4,255.5 3,741.6
Accumulated other comprehensive loss (Note 10) (157.9) (156.0)
Treasury stock, at cost, 12.1 and 9.0 shares, respectively (1,903.9) (1,278.7)
Total stockholders' equity 4,210.3 4,148.3
Total liabilities and stockholders' equity $ 6,800.8 $ 6,488.1