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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 442.4 $ 361.5
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $13.4 million and $13.6 million as of March 31, 2019, and December 31, 2018, respectively 930.3 901.9
Inventories 831.7 795.6
Prepaid expenses and other current assets 58.0 39.4
Federal and state income taxes receivable   16.7
Total current assets 2,262.4 2,115.1
Property, plant, and equipment, net 3,109.8 3,108.6
Operating lease right-of-use assets 217.3  
Goodwill 917.3 917.3
Other intangible assets, net 368.7 378.2
Other long-term assets 53.1 50.5
Total assets 6,928.6 6,569.7
Current liabilities:    
Finance lease obligations 1.5 1.4
Operating lease obligations 57.2  
Accounts payable 405.1 382.2
Dividends payable 76.2 76.1
Federal and state income taxes payable 12.7  
Accrued liabilities 160.9 222.4
Accrued interest 27.1 11.5
Total current liabilities 740.7 693.6
Long-term liabilities:    
Long-term debt 2,484.6 2,483.7
Finance lease obligations 17.2 17.6
Operating lease obligations 165.4  
Deferred income taxes 305.7 285.2
Compensation and benefits 363.5 357.5
Other long-term liabilities 56.9 59.7
Total long-term liabilities 3,393.3 3,203.7
Commitments and contingent liabilities
Stockholders' equity:    
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.5 million shares issued as of March 31, 2019, and December 31, 2018, respectively 0.9 0.9
Additional paid in capital 501.4 494.5
Retained earnings 2,427.8 2,315.8
Accumulated other comprehensive loss (135.5) (138.8)
Total stockholders' equity 2,794.6 2,672.4
Total liabilities and stockholders' equity $ 6,928.6 $ 6,569.7