Balance Sheet Information

3 Months Ended

Mar. 31, 2013

Balance Sheet Information

Balance Sheet Information

4.     Balance Sheet Information

	March 31			December 31
(millions)	2013			2012
	(unaudited)
Accounts receivable, net
Accounts receivable	$	2,254.5		$	2,298.3
Allowance for doubtful accounts	(72.4		)	(73.2		)
Total	$	2,182.1		$	2,225.1
Inventories
Finished goods	$	816.5		$	774.3
Raw materials and parts	348.6			338.3
Inventories at FIFO cost	1,165.1			1,112.6
Excess of FIFO cost over LIFO cost	(19.8		)	(24.5		)
Total	$	1,145.3		$	1,088.1
Property, plant and equipment, net
Land	$	163.5		$	158.9
Buildings and improvements	566.2			562.1
Leasehold improvements	79.8			80.5
Machinery and equipment	1,288.8			1,281.2
Merchandising and customer equipment	1,772.1			1,812.5
Capitalized software	392.5			385.7
Construction in progress	247.6			207.2
	4,510.5			4,488.1
Accumulated depreciation	(2,095.0		)	(2,079.0		)
Total	$	2,415.5		$	2,409.1
Other intangible assets, net
Cost of intangible assets not subject to amortization
Trade names	$	1,230.0		$	1,230.0
Cost of intangible assets subject to amortization
Customer relationships	$	2,625.0		$	2,588.6
Trademarks	185.3			185.2
Patents	416.2			414.7
Other technology	174.6			174.8
	$	3,401.1		$	3,363.3
Accumulated amortization
Customer relationships	$	(417.3	)	$	(373.1	)
Trademarks	(54.1		)	(51.2		)
Patents	(73.3		)	(65.6		)
Other technology	(63.9		)	(59.3		)
Other intangible assets, net	$	4,022.5		$	4,044.1
Other assets
Deferred income taxes	$	83.6		$	51.0
Pension	7.1			7.0
Other	255.6			248.6
Total	$	346.3		$	306.6

	March 31			December 31
(millions)	2013			2012
	(unaudited)
Other current liabilities
Discounts and rebates	$	253.0		$	244.4
Dividends payable	68.0			—
Interest payable	62.6			19.5
Taxes payable, other than income	81.7			97.3
Derivative liabilities	12.7			9.9
Restructuring	105.7			116.6
Other	244.9			283.3
Total	$	828.6		$	771.0
Other liabilities
Deferred income taxes	$	1,190.3		$	1,174.2
Income taxes payable - non-current	78.1			81.5
Other	154.8			147.2
Total	$	1,423.2		$	1,402.9
Accumulated other comprehensive loss
Unrealized loss on derivative financial instruments, net of tax	$	(9.7	)	$	(13.6	)
Unrecognized pension and postretirement benefit expense, net of tax	(602.3		)	(613.8		)
Cumulative translation, net of tax	102.8			167.7
Total	$	(509.2	)	$	(459.7	)