Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 853.3	$ 679.5
Short-term marketable debt securities	86.9	87.9
Accounts receivable, net of allowance for credit losses and customer deductions of $12.6 million as of both June 30, 2020, and December 31, 2019	817.3	845.6
Inventories	834.5	794.1
Prepaid expenses and other current assets	60.9	44.8
Federal and state income taxes receivable	6.1	26.5
Total current assets	2,659.0	2,478.4
Property, plant, and equipment, net	3,114.7	3,151.7
Goodwill	863.5	918.7
Other intangible assets, net	314.9	338.8
Operating lease right-of-use assets	229.7	234.3
Long-term marketable debt securities	36.3	58.1
Other long-term assets	53.9	55.8
Total assets	7,272.0	7,235.8
Current liabilities:
Operating lease obligations	67.1	62.6
Finance lease obligations	1.6	1.5
Accounts payable	315.2	351.9
Dividends payable	76.5	76.6
Accrued liabilities	211.3	217.5
Accrued interest	11.9	13.7
Total current liabilities	683.6	723.8
Long-term liabilities:
Long-term debt	2,478.0	2,476.8
Operating lease obligations	171.5	177.6
Finance lease obligations	15.2	16.0
Deferred income taxes	361.1	340.1
Compensation and benefits	369.5	375.5
Other long-term liabilities	60.0	55.0
Total long-term liabilities	3,455.3	3,441.0
Commitments and contingent liabilities
Stockholders' equity:
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.8 million and 94.7 million shares issued as of June 30, 2020 and December 31, 2019, respectively	0.9	0.9
Additional paid in capital	542.7	524.8
Retained earnings	2,742.9	2,704.8
Accumulated other comprehensive loss	(153.4)	(159.5)
Total stockholders' equity	3,133.1	3,071.0
Total liabilities and stockholders' equity	$ 7,272.0	$ 7,235.8