XML 36 R30.htm IDEA: XBRL DOCUMENT v3.20.1
BALANCE SHEET INFORMATION (Tables)
3 Months Ended
Mar. 31, 2020
BALANCE SHEET INFORMATION  
Balance Sheet Information

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March 31

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December 31

(millions)

    

2020

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2019

Accounts receivable, net

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Accounts receivable

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$2,931.8

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$2,858.5

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Allowance for doubtful accounts

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(75.9)

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(62.0)

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Total

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$2,855.9

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$2,796.5

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Inventories

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Finished goods

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$976.3

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$936.5

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Raw materials and parts

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543.2

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559.8

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Inventories at FIFO cost

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1,519.5

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1,496.3

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FIFO cost to LIFO cost difference

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10.2

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9.3

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Total

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$1,529.7

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$1,505.6

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Other current assets

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Prepaid assets

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$148.9

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$118.8

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Taxes receivable

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150.2

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133.7

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Derivative assets

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57.1

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54.3

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Other

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33.4

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33.1

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Total

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$389.6

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$339.9

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Property, plant and equipment, net

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Land

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$213.8

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$215.1

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Buildings and leasehold improvements

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1,365.5

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1,363.1

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Machinery and equipment

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2,487.5

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2,467.8

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Merchandising and customer equipment

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2,807.1

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2,787.8

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Capitalized software

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816.3

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779.7

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Construction in progress

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379.5

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406.7

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8,069.7

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8,020.2

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Accumulated depreciation

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(4,149.0)

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(4,065.3)

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Total

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$3,920.7

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$3,954.9

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Other intangible assets, net

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Intangible assets not subject to amortization

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Trade names

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$1,230.0

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$1,230.0

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Intangible assets subject to amortization

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Customer relationships

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3,735.8

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3,742.1

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Trademarks

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409.8

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409.9

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Patents

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478.3

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479.4

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Other technology

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291.4

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297.2

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4,915.3

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4,928.6

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Accumulated amortization

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Customer relationships

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(1,893.7)

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(1,835.9)

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Trademarks

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(211.8)

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(205.1)

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Patents

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(231.3)

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(231.6)

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Other technology

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(216.6)

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(213.5)

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(2,553.4)

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(2,486.1)

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Net intangible assets subject to amortization

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2,361.9

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2,442.5

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Total

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$3,591.9

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$3,672.5

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Other assets

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Deferred income taxes

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$153.9

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$155.6

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Pension

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33.7

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31.1

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Derivative asset

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43.1

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25.4

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Other

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369.2

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372.0

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Total

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$599.9

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$584.1

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March 31

​

December 31

(millions)

    

2020

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2019

Other current liabilities

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Discounts and rebates

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$339.1

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$331.4

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Dividends payable

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135.9

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135.6

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Interest payable

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69.4

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40.9

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Taxes payable, other than income

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128.5

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113.4

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Derivative liabilities

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5.1

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5.8

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Restructuring

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91.0

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107.1

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Contract liability

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88.3

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84.7

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Operating lease liabilities

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152.5

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153.2

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Other

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275.5

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251.3

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Total

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$1,285.3

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$1,223.4

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Accumulated other comprehensive loss

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Unrealized gain (loss) on derivative financial instruments, net of tax

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$(1.2)

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$(4.1)

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Unrecognized pension and postretirement benefit expense, net of tax

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(810.9)

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(823.8)

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Cumulative translation, net of tax

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(1,301.6)

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(1,261.8)

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Total

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$(2,113.7)

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$(2,089.7)

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