BALANCE SHEET INFORMATION

3 Months Ended

Mar. 31, 2016

BALANCE SHEET INFORMATION

BALANCE SHEET INFORMATION

4. BALANCE SHEET INFORMATION

	March 31		December 31
(millions)	2016		2015
Accounts receivable, net
Accounts receivable		$ 2,330.0		$ 2,465.5
Allowance for doubtful accounts		(81.2)		(75.3)
Total		$ 2,248.8		$ 2,390.2
Inventories
Finished goods		$ 957.4		$ 929.6
Raw materials and parts		423.8		440.9
Inventories at FIFO cost		1,381.2		1,370.5
FIFO cost to LIFO cost difference		4.9		17.7
Total		$ 1,386.1		$ 1,388.2
Other current assets
Prepaid assets		$ 115.2		$ 94.6
Taxes receivable		123.3		137.6
Derivative assets		20.5		58.7
Other current assets		32.5		35.4
Total		$ 291.5		$ 326.3
Property, plant and equipment, net
Land		$ 223.1		$ 223.7
Buildings and improvements		924.2		914.9
Leasehold improvements		81.8		81.1
Machinery and equipment		1,924.4		1,896.7
Merchandising and customer equipment		2,042.6		1,988.1
Capitalized software		486.4		479.9
Construction in progress		372.5		371.1
		6,055.0		5,955.5
Accumulated depreciation		(2,828.0)		(2,727.2)
Total		$ 3,227.0		$ 3,228.3
Other intangible assets, net
Intangible assets not subject to amortization
Trade names		$ 1,230.0		$ 1,230.0
Intangible assets subject to amortization
Customer relationships		$ 3,224.0		$ 3,232.3
Trademarks		303.4		303.6
Patents		435.7		433.4
Other technology		213.2		213.5
		4,176.3		4,182.8
Accumulated amortization
Customer relationships		(998.5)		(945.1)
Trademarks		(110.0)		(104.7)
Patents		(136.1)		(129.0)
Other technology		(130.6)		(124.8)
		(1,375.2)		(1,303.6)
Net intangible assets subject to amortization		2,801.1		2,879.2
Total		$ 4,031.1		$ 4,109.2
Other assets
Deferred income taxes		$ 91.1		$ 58.3
Pension		29.6		28.0
Other		293.2		279.6
Total		$ 413.9		$ 365.9

	March 31		December 31
(millions)	2016		2015
Other current liabilities
Discounts and rebates		$ 272.0		$ 270.5
Dividends payable		102.9		103.6
Interest payable		74.0		24.2
Taxes payable, other than income		94.2		110.5
Derivative liabilities		18.4		31.5
Restructuring		62.6		73.9
Other		298.7		334.1
Total		$ 922.8		$ 948.3
Accumulated other comprehensive loss
Unrealized gain (loss) on derivative financial instruments, net of tax		$ (1.5)		$ 9.0
Unrecognized pension and postretirement benefit expense, net of tax		(478.6)		(486.9)
Cumulative translation, net of tax		(1,056.0)		(945.4)
Total		$ (1,536.1)		$ (1,423.3)