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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 04, 2015
Jan. 03, 2015
Current assets:    
Cash and cash equivalents $ 246.0 $ 227.0
Trade accounts receivable, less allowances of $34.6 and $30.5 at July 4, 2015 and January 3, 2015, respectively 1,011.4 958.1
Inventories, net 512.1 491.8
Current deferred and refundable income taxes 102.9 107.5
Assets held for sale 2.0 0.8
Other current assets 123.7 136.1
Total current assets 1,998.1 1,921.3
Property, plant and equipment 2,613.3 2,654.5
Accumulated depreciation (1,761.6) (1,779.2)
Property, plant and equipment, net 851.7 875.3
Goodwill 698.4 721.6
Other intangibles resulting from business acquisitions, net 55.7 67.4
Non-current deferred income taxes 300.3 311.0
Other assets 449.4 463.6
Total assets 4,353.6 4,360.2
Current liabilities:    
Short-term borrowings and current portion of long-term debt and capital leases 182.2 204.3
Accounts payable 856.0 797.8
Current deferred and payable income taxes 47.6 64.9
Other current liabilities 465.0 530.8
Total current liabilities 1,550.8 1,597.8
Long-term debt and capital leases 969.5 945.3
Long-term retirement benefits and other liabilities 608.6 622.8
Non-current deferred and payable income taxes $ 128.0 $ 127.8
Commitments and contingencies (see Note 15)    
Shareholders' equity:    
Common stock, $1 par value per share, authorized - 400,000,000 shares at July 4, 2015 and January 3, 2015; issued - 124,126,624 shares at July 4, 2015 and January 3, 2015; outstanding - 91,572,765 shares and 90,458,956 shares at July 4, 2015 and January 3, 2015, respectively $ 124.1 $ 124.1
Capital in excess of par value 818.0 823.9
Retained earnings 2,213.2 2,137.1
Treasury stock at cost, 32,553,859 shares and 33,667,668 shares at July 4, 2015 and January 3, 2015, respectively (1,455.2) (1,471.3)
Accumulated other comprehensive loss (603.4) (547.3)
Total shareholders' equity 1,096.7 1,066.5
Total liabilities and shareholders' equity $ 4,353.6 $ 4,360.2