XML 97 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 64.9 $ 45.8
Accounts receivable, net 372.0 321.5
Inventories 260.5 222.3
Prepaid expenses and other current assets 202.8 215.8
Total Current Assets 900.2 805.4
Property, plant and equipment, net 435.8 420.8
Goodwill 732.3 723.0
Other intangible assets, net 641.4 649.3
Operating lease right-of-use assets 245.4 0.0
Deferred income taxes 14.1 22.6
Other non-current assets 92.6 94.3
Total Assets 3,061.8 2,715.4
Current Liabilities:    
Accounts payable 251.7 253.0
Accrued expenses and other current liabilities 473.2 359.2
Income taxes payable 11.0 9.7
Current portion of long-term debt 37.4 47.1
Total Current Liabilities 773.3 669.0
Long-term debt, net 1,502.6 1,599.1
Long-term operating lease obligations 205.4 0.0
Deferred income taxes 102.1 117.5
Other non-current liabilities 118.0 112.3
Total Liabilities 2,701.4 2,497.9
Stockholders' Equity:    
Common stock, $0.01 par value, 300.0 million shares authorized; 99.2 million shares issued as of December 31, 2019 and 2018 1.0 1.0
Additional paid in capital 575.7 532.1
Retained earnings 1,703.3 1,513.8
Accumulated other comprehensive loss (87.7) (95.3)
Treasury stock at cost; 45.4 million and 44.7 million shares as of December 31, 2019 and 2018, respectively (1,832.8) (1,737.0)
Total stockholders' equity, net of non-controlling interest in subsidiaries 359.5 214.6
Non-controlling interest in subsidiaries 0.9 2.9
Total Stockholders' Equity 360.4 217.5
Total Liabilities and Stockholders' Equity $ 3,061.8 $ 2,715.4