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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 244.8 $ 185.3
Accounts and notes receivable, net 184.3 195.2
Inventories, net 344.2 335.5
Deferred income taxes 35.5 31.4
Income tax receivable 11.1 5.3
Other current assets 60.9 58.8
Total current assets 880.8 811.5
Property, plant, and equipment, less accumulated depreciation and amortization of $718.6 and $644.3, respectively 1,096.3 1,062.4
Prepaid pension costs 8.3 7.4
Investment in joint venture 130.8 129.0
Intangible assets, net 489.7 501.4
Deferred income taxes 21.0 $ 26.6
Income taxes receivable 2.4
Other non-current assets 62.6 $ 67.9
Total assets 2,691.9 2,606.2
Current liabilities:    
Current installments of long-term debt 52.1 39.6
Accounts payable and accrued expenses 380.4 345.5
Income tax payable 3.2 2.5
Deferred income taxes 0.6 0.5
Total current liabilities 436.3 388.1
Long-term debt, less current installments 950.9 1,003.0
Postretirement benefit liabilities 172.4 201.5
Pension benefit liabilities 107.6 115.5
Other long-term liabilities 49.6 53.2
Income tax payable 92.3 51.1
Deferred income taxes 114.0 144.7
Total noncurrent liabilities 1,486.8 1,569.0
Shareholders' equity:    
Common stock, $0.01 par value per share, authorized 200 million shares; issued 60,416,446 shares, outstanding 55,359,064 shares in 2015 and 60,183,535 shares issued, 55,126,153 outstanding shares in 2014 0.6 0.6
Capital in excess of par value 1,151.8 1,134.4
Retained earnings 365.2 271.0
Treasury stock, at cost, 5,057,382 shares (261.4) (261.4)
Accumulated other comprehensive (loss) [1] (487.4) (495.5)
Total shareholders' equity 768.8 649.1
Total liabilities and shareholders' equity $ 2,691.9 $ 2,606.2
[1] Amounts are net of tax