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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 229.2 $ 730.8
Receivables, net of allowance of $5.9 in 2015 and $4.8 in 2014 636.5 439.2
Inventories (Note 8) 391.9 339.1
Deferred income taxes 35.4 35.4
Prepaid expenses and other current assets 46.4 67.0
Total current assets 1,339.4 1,611.5
Property, plant, and equipment, net of accumulated depreciation of $542.8 in 2015 and $513.7 in 2014 (Note 9) 583.4 547.3
Other assets:    
Goodwill, net (Note 10) 1,139.7 964.5
Other intangible assets, net (Note 10) 924.5 611.7
Other long-term assets 26.4 23.7
Total other assets 2,090.6 1,599.9
TOTAL ASSETS 4,013.4 3,758.7
Current liabilities:    
Accounts payable 280.1 198.0
Accrued expenses 199.8 176.3
Deferred revenue (Note 14) 30.3 17.9
Total current liabilities 510.2 392.2
Long-term liabilities:    
Long-term debt (Note 12) 748.5 749.8
Deferred revenue (Note 14) 152.9 151.1
Other long-term liabilities (Note 16) 296.1 260.6
Total long-term liabilities $ 1,197.5 $ 1,161.5
Shareholders' equity:    
Preferred stock, $1 par value per share. Authorized and unissued 5,000,000 shares    
Common stock, $1 par value per share. Authorized 100,000,000 shares; 78,661,248 shares issued; 65,042,563 outstanding in 2015 and 64,691,059 outstanding in 2014 $ 78.7 $ 78.7
Additional paid-in capital 278.1 247.8
Deferred Compensation - equity (Note 5) 8.4 6.0
Cost of shares in treasury - 13,391,563 shares in 2015 and 13,723,201 shares in 2014 (226.2) (200.1)
Accumulated other comprehensive loss (Note 17) (68.9) (61.8)
Retained earnings 2,235.6 2,134.4
Total shareholders' equity 2,305.7 2,205.0
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,013.4 $ 3,758.7