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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 01, 2016
Jan. 02, 2016
Current assets:    
Cash and cash equivalents $ 189.4 $ 158.8
Trade accounts receivable, less allowances of $40.6 and $31.5 at October 1, 2016 and January 2, 2016, respectively 1,069.7 964.7
Inventories, net 565.3 478.7
Assets held for sale 5.9 2.5
Other current assets 183.3 170.7
Total current assets 2,013.6 1,775.4
Property, plant and equipment 2,685.5 2,599.9
Accumulated depreciation (1,780.1) (1,752.0)
Property, plant and equipment, net 905.4 847.9
Goodwill 821.6 686.2
Other intangibles resulting from business acquisitions, net 70.9 45.8
Non-current deferred income taxes 390.7 372.2
Other assets 398.2 406.2
Total assets 4,600.4 4,133.7
Current liabilities:    
Short-term borrowings and current portion of long-term debt and capital leases 587.6 95.3
Accounts payable 866.7 814.6
Accrued payroll and employee benefits 207.8 194.6
Other current liabilities 394.0 354.6
Total current liabilities 2,056.1 1,459.1
Long-term debt and capital leases 713.0 963.6
Long-term retirement benefits and other liabilities 684.5 637.4
Non-current deferred and payable income taxes 104.4 107.9
Commitments and contingencies (see Note 15)
Shareholders' equity:    
Common stock, $1 par value per share, authorized - 400,000,000 shares at October 1, 2016 and January 2, 2016; issued - 124,126,624 shares at October 1, 2016 and January 2, 2016; outstanding - 89,194,833 shares and 89,967,697 shares at October 1, 2016 and January 2, 2016, respectively 124.1 124.1
Capital in excess of par value 843.1 834.0
Retained earnings 2,444.1 2,277.6
Treasury stock at cost, 34,931,791 shares and 34,158,927 shares at October 1, 2016 and January 2, 2016, respectively (1,699.9) (1,587.0)
Accumulated other comprehensive loss (669.0) (683.0)
Total shareholders' equity 1,042.4 965.7
Total liabilities and shareholders' equity $ 4,600.4 $ 4,133.7