Supplemental Balance Sheet Information

6 Months Ended

Jun. 27, 2015

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	June 27, 2015		December 31, 2014
Inventories
Raw materials and supplies	$	458.0	$	460.1
Work-in-process	255.8		229.0
Finished goods	486.6		441.3
Total inventories	$	1,200.4	$	1,130.4
Other current assets
Cost in excess of billings	$	116.4	$	103.5
Prepaid expenses	100.0		109.6
Deferred income taxes	134.5		139.4
Other current assets	33.0		14.3
Total other current assets	$	383.9	$	366.8
Property, plant and equipment, net
Land and land improvements	$	147.6	$	165.1
Buildings and leasehold improvements	483.2		493.5
Machinery and equipment	1,198.0		1,169.1
Construction in progress	63.8		71.0
Total property, plant and equipment	1,892.6		1,898.7
Accumulated depreciation and amortization	984.1		948.7
Total property, plant and equipment, net	$	908.5	$	950.0
Other non-current assets
Asbestos-related insurance receivable	$	112.4	$	115.8
Deferred income taxes	86.0		87.9
Other non-current assets	218.3		232.5
Total other non-current assets	$	416.7	$	436.2
Other current liabilities
Deferred revenue and customer deposits	$	115.1	$	112.7
Dividends payable	57.6		116.8
Billings in excess of cost	38.8		41.4
Accrued warranty	65.9		66.4
Other current liabilities	398.3		371.8
Total other current liabilities	$	675.7	$	709.1
Other non-current liabilities
Asbestos-related liabilities	$	243.6	$	249.1
Taxes payable	63.7		61.6
Other non-current liabilities	213.7		187.0
Total other non-current liabilities	$	521.0	$	497.7