XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 263.7 $ 221.2
Accounts receivable, net of allowance for doubtful accounts of $17.9 and $17.4, respectively 509.9 525.4
Inventories 555.1 523.9
Other current assets 69.6 60.7
Total current assets 1,398.3 1,331.2
Property, plant and equipment, net of accumulated depreciation of $256.4 and $250.0, respectively 349.5 356.6
Goodwill 1,283.3 1,289.5
Other intangible assets, net 1,335.3 1,368.4
Deferred tax assets 1.2 1.3
Other assets 199.2 140.1
Total assets 4,566.8 4,487.1
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 7.9 7.9
Accounts payable 342.4 340.0
Accrued liabilities 265.9 248.5
Total current liabilities 616.2 596.4
Long-term debt, less current maturities 1,622.3 1,664.2
Pensions and other postretirement benefits 91.9 94.8
Deferred income taxes 263.8 265.5
Other liabilities 234.9 190.2
Total liabilities 2,829.1 2,811.1
Commitments and contingencies (Note 16)
Stockholders' equity:    
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 203,299,647 and 201,051,291 shares issued at March 31, 2019 and December 31, 2018, respectively 2.0 2.0
Capital in excess of par value 2,289.3 2,282.7
Accumulated deficit (253.4) (308.7)
Accumulated other comprehensive loss (253.2) (247.0)
Treasury stock at cost; 2,435,272 and 2,881,436 shares at March 31, 2019 and December 31, 2018, respectively (47.0) (53.0)
Total stockholders' equity 1,737.7 1,676.0
Total liabilities and stockholders' equity $ 4,566.8 $ 4,487.1