Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2014

Equity method investments consist of the following:



	December 31,
	2014		2013
	(in millions)
Operating equity method investments	$	377.6	$	379.7
Non-operating equity method investments	483.9		546.3
Investments in and advances to affiliates	$	861.5	$	926.0

The combined results of operations and financial position for our operating equity method investments are summarized below:



	Year ended December 31,
	2014		2013		2012
	(in millions)
Summarized statement of operations information:
Net sales	$	309.9	$	323.7	$	320.9
Net earnings	$	89.4	$	102.7	$	97.3
Equity in earnings of operating affiliates	$	43.1	$	41.7	$	47.0



	December 31,
	2014		2013
	(in millions)
Summarized balance sheet information:
Current assets	$	111.2	$	84.3
Noncurrent assets	130.5		147.3
Total assets	$	241.7	$	231.6
Current liabilities	$	39.4	$	36.5
Noncurrent liabilities	22.0		25.0
Equity	180.3		170.1
Total liabilities and equity	$	241.7	$	231.6

The combined results of operations and financial position of our non-operating equity method investments are summarized below:



	Year ended December 31,
	2014		2013		2012
	(in millions)
Summarized statement of operations information:
Net sales	$	2,005.2	$	2,489.1	$	2,751.6
Net earnings	$	80.0	$	43.0	$	141.9
Equity in earnings of non-operating affiliates—net of taxes	$	22.5	$	9.6	$	58.1



	December 31,
	2014		2013
	(in millions)
Summarized balance sheet information:
Current assets	$	499.8	$	540.3
Noncurrent assets	298.2		319.3
Total assets	$	798.0	$	859.6
Current liabilities	$	290.7	$	310.6
Noncurrent liabilities	186.9		168.9
Equity	320.4		380.1
Total liabilities and equity	$	798.0	$	859.6