XML 39 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 $ 334.0 $ 474.8
Accounts receivable, net of allowances of $6.2 (2019) and $8.4 (2018) 816.9 651.8
Other receivables 73.0 57.6
Inventories (Note 8) 1,050.7 1,004.1
Prepaid expenses and other 87.4 113.9
Restricted cash (Note 20) 11.1 202.7
Total current assets 2,373.1 2,504.9
Noncurrent Assets    
Goodwill (Note 11) 2,989.6 2,958.0
Other intangibles, net (Note 11) 2,482.8 2,504.8
Other noncurrent assets 185.0 66.6
Property and equipment, net (Note 12) 955.3 922.4
Total assets 8,985.8 8,956.7
Current Liabilities    
Accounts payable 222.6 205.2
Employee compensation 99.6 98.9
Sales rebates and discounts 211.0 169.9
Current portion of long term debt (Note 9) 24.5 29.0
Other current liabilities 244.4 199.0
Payable to Lilly (Note 20) 16.4 268.7
Total current liabilities 818.5 970.7
Noncurrent Liabilities    
Long-term debt (Note 9) 2,330.5 2,443.3
Accrued retirement benefits (Note 18) 82.5 109.1
Deferred taxes (Note 15) 100.8 114.6
Other noncurrent liabilities 106.6 121.5
Total liabilities 3,438.9 3,759.2
Commitments and Contingencies (Note 16)
Equity    
Preferred stock, 1,000,000,000 shares authorized, no par value; none issued 0.0 0.0
Common stock, 5,000,000,000 shares authorized, no par value; 373,011,513 and 365,643,911 shares issued and outstanding as of December 31, 2019 and 2018, respectively 0.0 0.0
Additional paid-in capital 5,636.3 5,403.3
Retained earnings 84.3 16.4
Accumulated other comprehensive loss (173.7) (222.2)
Total equity 5,546.9 5,197.5
Total liabilities and equity $ 8,985.8 $ 8,956.7