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Condensed Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2013
Current assets:      
Cash and cash equivalents $ 245.6 $ 307.8 $ 141.6
Receivables, net 341.2 280.1 370.0
Income tax receivable 9.2 1.9 10.6
Inventories 220.9 186.5 204.8
Current deferred income taxes 48.3 50.4 53.6
Other current assets 13.8 13.2 13.3
Total current assets 879.0 839.9 793.9
Property, plant and equipment (less accumulated depreciation of $1,316.4, $1,259.1 and $1,220.2) 951.3 987.8 1,013.5
Prepaid pension costs 1.7 1.7 2.1
Restricted cash 2.6 4.2 6.6
Deferred income taxes 8.9 9.0 8.8
Other assets 200.1 213.1 214.5
Goodwill 747.1 747.1 747.1
Total assets 2,790.7 2,802.8 2,786.5
Current liabilities:      
Current installments of long-term debt 12.6 12.6 12.2
Accounts payable 186.8 148.7 189.7
Income taxes payable 0.4 1.7 3.5
Accrued liabilities 194.5 244.5 231.6
Total current liabilities 394.3 407.5 437.0
Long-term debt 676.6 678.4 689.1
Accrued pension liability 87.9 115.4 137.0
Deferred income taxes 130.9 117.6 118.7
Other liabilities 377.2 382.8 359.7
Total liabilities 1,666.9 1,701.7 1,741.5
Commitments and contingencies         
Shareholders' equity:      
Common stock, par value $1 per share: authorized, 120.0 shares; issued and outstanding 78.6, 79.4 and 80.0 shares 78.6 79.4 80.0
Additional paid-in capital 818.5 838.8 852.0
Accumulated other comprehensive loss (356.4) (365.1) (372.5)
Retained earnings 583.1 548.0 485.5
Total shareholders' equity 1,123.8 1,101.1 1,045.0
Total liabilities and shareholders' equity $ 2,790.7 $ 2,802.8 $ 2,786.5