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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 216.9 $ 239.3
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $12.6 million and $10.1 million as of December 31, 2017 and 2016, respectively 830.7 689.2
Inventories 762.5 723.6
Prepaid expenses and other current assets 35.5 30.3
Federal and state income taxes receivable 69.5 13.9
Total current assets 1,915.1 1,696.3
Property, plant and equipment, net 2,924.9 2,895.7
Goodwill 883.2 737.9
Other intangible assets, net 410.0 367.1
Other long-term assets 64.3 80.0
Total assets 6,197.5 5,777.0
Current liabilities:    
Current maturities of long-term debt 150.0 25.8
Capital lease obligations 1.3 1.3
Accounts payable 402.9 323.8
Dividends payable 60.5 59.9
Accrued liabilities 203.2 201.2
Accrued interest 14.8 13.4
Total current liabilities 832.7 625.4
Long-term liabilities:    
Long-term debt 2,480.4 2,620.0
Capital lease obligations 19.0 20.3
Deferred income taxes 239.5 334.7
Compensation and benefits 372.5 357.2
Other long-term liabilities 70.8 59.6
Total long-term liabilities 3,182.2 3,391.8
Commitments and contingent liabilities
Stockholders' equity:    
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.3 million and 94.2 million shares issued as of December 31, 2017 and 2016, respectively 0.9 0.9
Additional paid in capital 471.2 451.4
Retained earnings 1,867.4 1,447.1
Accumulated other comprehensive loss (156.9) (139.6)
Total stockholders' equity 2,182.6 1,759.8
Total liabilities and stockholders' equity $ 6,197.5 $ 5,777.0