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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and Cash Equivalents, at Cost, Which Approximates Fair Value $ 269.0 $ 467.8
Less: Restricted Cash 16.9 11.1
Short-Term Investments in Marketable Securities 0.8 0.8
Total Cash and Short-Term Investments in Marketable Securities 286.7 479.7
Accounts and Notes Receivable, Less Allowances of $11.3 and $9.2 429.0 493.2
Inventories    
Finished Goods 846.9 932.0
Work-In-Process 148.1 181.6
Raw Materials 307.6 363.2
Net Inventories 1,302.6 1,476.8
Prepaid Expenses and Other 95.5 60.0
Current Assets 2,113.8 2,509.7
Property    
Land 44.0 44.1
Buildings and Improvements 642.1 619.7
Equipment 1,544.7 1,551.5
Total Land, Buildings and Improvements and Equipment 2,230.8 2,215.3
Accumulated Depreciation (1,186.9) (1,135.5)
Net Land, Buildings and Improvements and Equipment 1,043.9 1,079.8
Unamortized Product Tooling Costs 207.6 236.0
Net Property 1,251.5 1,315.8
Other Assets    
Goodwill 966.1 1,030.7
Other Intangibles, Net 918.3 978.0
Equity Investments 35.0 38.7
Deferred Revenue 197.5 186.8
Operating lease assets 161.8 152.2
Other long-term assets 33.7 18.6
Other Assets 2,312.4 2,405.0
Total Assets 5,677.7 6,230.5
Current Liabilities    
Short-Term Debt and Current Maturities of Long-Term Debt 242.8 454.7
Accounts Payable 393.4 558.0
Accrued Expenses 643.7 739.4
Current Liabilities 1,279.9 1,752.1
Long-Term Liabilities    
Debt 2,097.8 1,975.7
Non-Current Operating Lease Liabilities 145.1 133.9
Deferred Income Taxes and Other Tax Liabilities, Noncurrent 10.4 12.4
Postretirement Benefits 46.4 52.5
Other 205.8 216.5
Long-Term Liabilities 2,505.5 2,391.0
Shareholders' Equity    
Common Stock; Authorized: 200,000,000 Shares, $0.75 Par Value; Issued: 102,538,000 Shares; Outstanding: 86,757,000 and 87,537,000 Shares 76.9 76.9
Additional Paid-In Capital 401.8 392.0
Retained Earnings 3,614.7 3,596.9
Treasury Stock, at Cost: 15,781,000 and 15,001,000 Shares (2,147.7) (1,952.7)
Accumulated Other Comprehensive Loss, Net of Tax:    
Foreign Currency Translation (96.9) (49.5)
Prior Service Credits (7.9) (7.4)
Net Actuarial Losses 10.5 7.9
Unrealized Gain (Loss) on Investments 0.2 0.2
Unrealized Losses on Derivatives 40.7 23.1
Total Accumulated Other Comprehensive Loss, Net of Tax (53.4) (25.7)
Shareholders' Equity 1,892.3 2,087.4
Total Liabilities and Shareholders' Equity $ 5,677.7 $ 6,230.5
Common Stock, Shares Authorized (in Shares) 200,000,000 200,000,000
Common Stock, Par Value (in Dollars per Share) $ 0.75 $ 0.75
Common Stock, Shares Outstanding 65,987,000 68,227,000
Common Stock, Shares Issued (in Shares) 102,538,000 102,538,000
Treasury Stock, Shares (in Shares) 36,551,000 34,311,000
Accounts and Notes Receivable, Allowances $ 10.3 $ 10.8