CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 27, 2020	Dec. 28, 2019
Current assets:
Cash and cash equivalents	$ 262.6	$ 253.7
Trade accounts receivable, less allowances of $46.4 and $27.1 at June 27, 2020 and December 28, 2019, respectively	1,114.6	1,212.2
Inventories, net	726.6	663.0
Other current assets	220.8	211.7
Total current assets	2,324.6	2,340.6
Property, plant and equipment, net	1,228.8	1,210.7
Goodwill	1,039.8	930.8
Other intangibles resulting from business acquisitions, net	195.5	126.5
Deferred tax assets	211.1	225.4
Other assets	651.9	654.8
Total assets	5,651.7	5,488.8
Current liabilities:
Short-term borrowings and current portion of long-term debt and finance leases	268.6	440.2
Accounts payable	956.5	1,066.1
Accrued payroll and employee benefits	175.3	220.4
Other current liabilities	509.1	527.1
Total current liabilities	1,909.5	2,253.8
Long-term debt and finance leases	1,997.6	1,499.3
Long-term retirement benefits and other liabilities	417.4	421.4
Deferred tax liabilities and income taxes payable	113.3	110.3
Commitments and contingencies (see Note 12)
Shareholders' equity:
Common stock, $1 par value per share, authorized - 400,000,000 shares at June 27, 2020 and December 28, 2019; issued - 124,126,624 shares at June 27, 2020 and December 28, 2019; outstanding - 83,448,042 shares and 83,366,840 shares at June 27, 2020 and December 28, 2019, respectively	124.1	124.1
Capital in excess of par value	840.0	874.0
Retained earnings	3,100.2	2,979.1
Treasury stock at cost, 40,678,582 shares and 40,759,784 shares at June 27, 2020 and December 28, 2019, respectively	(2,447.2)	(2,425.1)
Accumulated other comprehensive loss	(403.2)	(348.1)
Total shareholders' equity	1,213.9	1,204.0
Total liabilities and shareholders' equity	$ 5,651.7	$ 5,488.8