BALANCE SHEET INFORMATION (Tables)

3 Months Ended

Mar. 31, 2018

BALANCE SHEET INFORMATION

Balance Sheet Information

	March 31		December 31
(millions)	2018		2017
Accounts receivable, net
Accounts receivable		$2,648.2		$2,642.9
Allowance for doubtful accounts		(73.9)		(71.5)
Total		$2,574.3		$2,571.4
Inventories
Finished goods		$1,032.0		$974.9
Raw materials and parts		483.3		438.7
Inventories at FIFO cost		1,515.3		1,413.6
FIFO cost to LIFO cost difference		26.5		32.9
Total		$1,541.8		$1,446.5
Other current assets
Prepaid assets		$140.0		$153.5
Taxes receivable		118.0		129.2
Derivative assets		6.7		28.8
Other		40.5		53.5
Total		$305.2		$365.0
Property, plant and equipment, net
Land		$230.8		$224.1
Buildings and leasehold improvements		1,241.1		1,207.4
Machinery and equipment		2,334.0		2,280.9
Merchandising and customer equipment		2,486.1		2,399.4
Capitalized software		618.2		585.8
Construction in progress		418.0		438.7
		7,328.2		7,136.3
Accumulated depreciation		(3,548.3)		(3,429.2)
Total		$3,779.9		$3,707.1
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		$3,668.0		$3,620.3
Trademarks		381.5		380.6
Patents		467.7		462.7
Other technology		269.1		232.6
		4,786.3		4,696.2
Accumulated amortization
Customer relationships		(1,477.7)		(1,403.8)
Trademarks		(155.2)		(147.6)
Patents		(194.2)		(187.9)
Other technology		(177.0)		(169.3)
		(2,004.1)		(1,908.6)
Net intangible assets subject to amortization		2,782.2		2,787.6
Total		$4,012.2		$4,017.6
Other assets
Deferred income taxes		$104.4		$105.4
Pension		45.6		41.7
Other		342.4		330.3
Total		$492.4		$477.4

	March 31		December 31
(millions)	2018		2017
Other current liabilities
Discounts and rebates		$289.8		$267.2
Dividends payable		118.3		118.6
Interest payable		78.2		50.7
Taxes payable, other than income		102.9		129.9
Derivative liabilities		89.3		62.2
Restructuring		28.6		36.0
Contract liability		88.2		79.0
Other		273.6		257.1
Total		$1,068.9		$1,000.7
Accumulated other comprehensive loss
Unrealized loss on derivative financial instruments, net of tax		$(28.5)		$(26.4)
Unrecognized pension and postretirement benefit expense, net of tax		(555.6)		(555.8)
Cumulative translation, net of tax		(974.2)		(1,061.2)
Total		$(1,558.3)		$(1,643.4)