CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 232.3	$ 195.1
Trade accounts receivable, less allowances of $41.3 and $47.8 at September 30, 2017 and December 31, 2016, respectively	1,184.8	1,001.0
Inventories, net	620.0	519.1
Assets held for sale	6.8	6.8
Other current assets	239.4	182.8
Total current assets	2,283.3	1,904.8
Property, plant and equipment	2,941.4	2,661.4
Accumulated depreciation	(1,894.4)	(1,746.2)
Property, plant and equipment, net	1,047.0	915.2
Goodwill	977.1	793.6
Other intangibles resulting from business acquisitions, net	170.1	66.7
Non-current deferred income taxes	347.4	313.2
Other assets	445.1	402.9
Total assets	5,270.0	4,396.4
Current liabilities:
Short-term borrowings and current portion of long-term debt and capital leases	383.0	579.1
Accounts payable	949.2	841.9
Accrued payroll and employee benefits	226.1	217.4
Other current liabilities	465.0	365.9
Total current liabilities	2,023.3	2,004.3
Long-term debt and capital leases	1,298.4	713.4
Long-term retirement benefits and other liabilities	678.7	660.9
Non-current deferred and payable income taxes	134.7	92.3
Commitments and contingencies (see Note 15)
Shareholders' equity:
Common stock, $1 par value per share, authorized - 400,000,000 shares at September 30, 2017 and December 31, 2016; issued - 124,126,624 shares at September 30, 2017 and December 31, 2016; outstanding - 88,080,629 shares and 88,308,860 shares at September 30, 2017 and December 31, 2016, respectively	124.1	124.1
Capital in excess of par value	854.6	852.0
Retained earnings	2,693.3	2,473.3
Treasury stock at cost, 36,045,995 shares and 35,817,764 shares at September 30, 2017 and December 31, 2016, respectively	(1,838.0)	(1,772.0)
Accumulated other comprehensive loss	(699.1)	(751.9)
Total shareholders' equity	1,134.9	925.5
Total liabilities and shareholders' equity	$ 5,270.0	$ 4,396.4