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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2025
Dec. 31, 2024
Mar. 30, 2024
Current Assets      
Cash and Cash Equivalents, at Cost, Which Approximates Fair Value $ 286.7 $ 269.0 $ 548.4
Restricted cash 18.0 16.9 11.1
Short-Term Investments in Marketable Securities 0.8 0.8 0.8
Total Cash and Short-Term Investments in Marketable Securities 305.5 286.7 560.3
Accounts and Notes Receivable, less Allowances of $12.0, $8.5 and $8.1 553.1 429.0 616.8
Inventories      
Finished Goods 870.5 846.9 1,028.1
Work-In-Process 172.7 148.1 166.0
Raw Materials 310.6 307.6 360.9
Net Inventories 1,353.8 1,302.6 1,555.0
Prepaid Expenses and Other 93.5 95.5 75.1
Current Assets 2,305.9 2,113.8 2,807.2
Property      
Land 44.0 44.0 44.0
Buildings and Improvements 650.0 642.1 621.7
Equipment 1,559.8 1,544.7 1,560.5
Total Land, Buildings and Improvements and Equipment 2,253.8 2,230.8 2,226.2
Accumulated Depreciation (1,214.0) (1,186.9) (1,153.8)
Land Buildings And Improvements And Equipment Net 1,039.8 1,043.9 1,072.4
Unamortized Product Tooling Costs 199.8 207.6 236.6
Net Property 1,239.6 1,251.5 1,309.0
Other Assets      
Goodwill 972.5 966.1 1,026.3
Other Intangibles, Net 910.3 918.3 964.3
Operating Lease Assets 163.6 161.8 158.9
Deferred Income Tax Asset 198.2 197.5 185.5
Equity Investments 38.3 35.0 41.4
Other Long-Term Assets 28.6 33.7 16.1
Other Assets 2,311.5 2,312.4 2,392.5
Total Assets 5,857.0 5,677.7 6,508.7
Current Liabilities      
Short-Term Debt and Current Maturities of Long-Term Debt 386.4 242.8 455.4
Accounts Payable 420.3 393.4 513.8
Accrued Expenses 661.5 643.7 704.6
Current Liabilities 1,468.2 1,279.9 1,673.8
Long-Term Liabilities      
Debt 2,097.7 2,097.8 2,371.9
Operating Lease Liabilities 142.0 145.1 140.7
Postretirement Benefits 46.3 46.4 49.7
Other 220.6 205.8 210.9
Long-Term Liabilities 2,516.6 2,505.5 2,785.3
Shareholders' equity      
Common Stock; Authorized: 200,000,000 Shares, $0.75 Par Value; Issued: 102,538,000 Shares; Outstanding: 79,114,000, 79,569,000 and 87,063,000 Shares 76.9 76.9 76.9
Additional Paid-In Capital 396.2 401.8 383.4
Retained Earnings 3,606.7 3,614.7 3,636.3
Treasury Stock, at Cost: 23,424,000, 22,969,000 and 15,475,000 Shares (2,166.9) (2,147.7) (2,010.8)
Accumulated Other Comprehensive Loss (40.7) (53.4) (36.2)
Shareholders' Equity 1,872.2 1,892.3 2,049.6
Total Liabilities and Shareholders' Equity $ 5,857.0 $ 5,677.7 $ 6,508.7
Common Stock, Shares Authorized (in Shares) 200,000,000 200,000,000 200,000,000
Common Stock, Par Value (in Dollars per Share) $ 0.75 $ 0.75 $ 0.75
Common Stock, Shares Issued (in Shares) 102,538,000 102,538,000 102,538,000
Accounts and Notes Receivable, Allowances $ 11.0 $ 10.3 $ 11.2
Common Stock, Shares Outstanding (in Shares) 65,767,000 65,987,000 67,689,000
Treasury Stock, Shares (in Shares) 36,771,000 36,551,000 34,849,000
Deferred Income Taxes and Other Tax Liabilities, Noncurrent $ 10.0 $ 10.4 $ 12.1