CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents		$ 330.0	$ 423.0
Accounts receivable, less allowances of $1.0 and $1.9		276.2	322.9
Inventories		274.0	245.9
Other current assets		25.8	26.3
Total Current Assets		906.0	1,018.1
Property, Plant and Equipment, Net		609.6	616.2
Equity Investment in Affiliates		8.4	24.8
Trade Names and Other Intangibles, Net		1,269.5	1,272.4
Goodwill		1,354.9	1,325.0
Other Assets		108.5	102.7
Total Assets	[1]	4,256.9	4,359.2
Current Liabilities
Short-term borrowings		357.2	146.7
Current portion of long-term debt		0.0	249.9
Accounts payable and accrued expenses		508.3	507.7
Income taxes payable		7.2	1.0
Total Current Liabilities		872.7	905.3
Long-term Debt		692.8	690.0
Deferred Income Taxes	[2]	484.8	470.6
Deferred and Other Long-term Liabilities		158.3	163.1
Pension, Postretirement and Postemployment Benefits		25.1	28.3
Total Liabilities		$ 2,233.7	$ 2,257.3
Commitments and Contingencies
Stockholders' Equity
Preferred Stock, $1.00 par value, Authorized 2,500,000 shares; none issued		$ 0.0	$ 0.0
Common Stock, $1.00 par value, Authorized 300,000,000 shares; 146,427,550 shares issued		146.4	146.4
Additional paid-in capital		376.4	364.8
Retained earnings		2,650.0	2,414.9
Accumulated other comprehensive loss		(45.9)	(34.7)
Common stock in treasury, at cost: 16,473,506 shares in 2015 and 13,075,944 shares in 2014		(1,103.7)	(789.5)
Total Stockholders' Equity		2,023.2	2,101.9
Total Liabilities and Stockholders’ Equity		$ 4,256.9	$ 4,359.2

[1] Identifiable Assets have been retrospectively adjusted to reflect new accounting guidance adopted during the fourth quarter of 2015. See Note 1 for further details.

[2] The Company retrospectively adopted new accounting guidance requiring all deferred tax assets to be classified as noncurrent. See Note 1 for further details