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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 114.7 $ 211.4
Accounts receivable, net 2,662.5 2,571.4
Inventories 1,546.4 1,446.5
Other current assets 354.1 365.0
Total current assets 4,677.7 4,594.3
Property, plant and equipment, net 3,836.0 3,707.1
Goodwill 7,078.0 7,167.1
Other intangible assets, net 3,797.7 4,017.6
Other assets 685.1 477.4
Total assets 20,074.5 19,963.5
Current liabilities    
Short-term debt 743.6 564.4
Accounts payable 1,255.6 1,177.1
Compensation and benefits 579.7 549.4
Income taxes 100.6 183.6
Other current liabilities 1,006.1 1,000.7
Total current liabilities 3,685.6 3,475.2
Long-term debt 6,301.6 6,758.3
Postretirement health care and pension benefits 944.3 1,025.5
Deferred income taxes 764.6 635.4
Other liabilities 324.8 415.3
Total liabilities 12,020.9 12,309.7
Commitments and contingencies (Note 15)
Equity    
Common stock [1] 357.0 354.7
Additional paid-in capital 5,633.2 5,435.7
Retained earnings 8,909.5 8,011.6
Accumulated other comprehensive loss (1,761.7) (1,643.4)
Treasury stock (5,134.8) (4,575.0)
Total Ecolab shareholders' equity 8,003.2 7,583.6
Noncontrolling interest 50.4 70.2
Total equity 8,053.6 7,653.8
Total liabilities and equity $ 20,074.5 $ 19,963.5
[1] Common stock, 800.0 shares authorized, $1.00 par value, 287.7 shares outstanding at December 31, 2018 and 289.3 shares outstanding at December 31, 2017. Shares outstanding are net of treasury stock.