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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 147.6 $ 385.3
Receivables, net of allowance of $5.1 million and $4.0 million, respectively 690.8 511.6
Inventories 454.8 377.0
Prepaid expenses 25.3 24.3
Other current assets 43.2 57.0
Total current assets 1,361.7 1,355.2
Property, plant, and equipment, net 698.5 632.2
Other assets:    
Goodwill, net 1,212.8 1,081.2
Other intangible assets, net 1,018.6 872.2
Other long-term assets 26.3 25.0
Total other assets 2,257.7 1,978.4
TOTAL ASSETS 4,317.9 3,965.8
Current liabilities:    
Accounts payable 328.9 243.6
Accrued expenses 277.4 246.7
Deferred revenue 29.3 23.2
Total current liabilities 635.6 513.5
Long-term liabilities:    
Long-term debt 781.9 596.4
Deferred revenue 182.4 172.0
Other long-term liabilities 281.7 217.0
Total long-term liabilities 1,246.0 985.4
Commitments and contingencies (See Note 11)
Shareholders' equity:    
Preferred stock, $1 par value per share (authorized and unissued 5,000,000 shares) 0.0 0.0
Common stock, $1 par value per share (authorized 200,000,000 shares; issued 78,661,248 shares; outstanding 61,763,078 and 64,257,182 shares, respectively) 78.7 78.7
Additional paid-in capital 346.8 335.3
Deferred compensation equity 11.9 10.3
Treasury shares, at cost (16,714,585 and 14,178,801 shares, respectively) (652.6) (382.6)
Accumulated other comprehensive loss (77.3) (122.2)
Retained earnings 2,728.8 2,547.4
Total shareholders' equity 2,436.3 2,466.9
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,317.9 $ 3,965.8