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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 194.3 $ 330.0
Accounts receivable, less allowances of $1.2 and $1.0 277.0 276.2
Inventories 291.0 274.0
Other current assets 23.2 25.8
Total Current Assets 785.5 906.0
Property, Plant and Equipment, Net 601.1 609.6
Equity Investment in Affiliates 8.0 8.4
Trade Names and Other Intangibles, Net 1,375.8 1,269.5
Goodwill 1,407.1 1,354.9
Other Assets 114.8 108.5
Total Assets 4,292.3 4,256.9
Current Liabilities    
Short-term borrowings 451.3 357.2
Accounts payable and accrued expenses 521.0 508.3
Income taxes payable 40.5 7.2
Total Current Liabilities 1,012.8 872.7
Long-term Debt 699.8 692.8
Deferred Income Taxes 491.4 484.8
Deferred and Other Long-term Liabilities 142.5 158.3
Pension, Postretirement and Postemployment Benefits 25.5 25.1
Total Liabilities $ 2,372.0 $ 2,233.7
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 381.0 376.4
Retained earnings 2,716.9 2,650.0
Accumulated other comprehensive loss (42.7) (45.9)
Common stock in treasury, at cost: 18,258,130 shares in 2016 and 16,473,506 shares in 2015 (1,281.3) (1,103.7)
Total Stockholders' Equity 1,920.3 2,023.2
Total Liabilities and Stockholders’ Equity $ 4,292.3 $ 4,256.9