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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Current assets:      
Cash and cash equivalents $ 401.1 $ 165.7 $ 314.7
Accounts receivable, net 2,783.6 2,352.4 2,414.1
Inventories 2,328.6 1,927.2 1,847.3
Other current assets 573.1 608.4 533.5
Total current assets 6,086.4 5,053.7 5,109.6
Property, plant and equipment, net 1,907.3 1,867.3 1,780.4
Goodwill 7,058.8 7,134.6 7,011.3
Intangible assets 4,004.0 4,001.5 4,210.0
Operating lease right-of-use assets 1,837.9 1,820.6 1,728.8
Other assets 836.0 789.0 594.9
Total assets 21,730.4 20,666.7 20,435.0
Current liabilities:      
Short-term borrowings 1,739.7 763.5 818.1
Accounts payable 2,860.8 2,403.0 2,217.0
Compensation and taxes withheld 572.3 716.6 551.2
Accrued taxes 178.2 160.3 282.6
Current portion of long-term debt 260.7 260.6 428.5
Current portion of operating lease liabilities 416.0 409.7 385.8
Other accruals 925.4 1,005.8 968.4
Total current liabilities 6,953.1 5,719.5 5,651.6
Long-term debt 8,592.3 8,590.9 7,862.4
Postretirement benefits other than pensions 258.4 259.4 274.3
Deferred income taxes 760.2 768.2 797.8
Long-term operating lease liabilities 1,481.2 1,470.7 1,402.9
Other long-term liabilities 1,450.9 1,420.8 1,367.3
Shareholders’ equity:      
Common stock 91.0 90.8 90.2
Other capital 3,842.7 3,793.0 3,543.6
Retained earnings 2,341.5 2,121.7 1,102.1
Treasury stock, at cost (3,298.9) (2,869.9) (893.4)
Accumulated other comprehensive loss (742.0) (698.4) (763.8)
Total shareholders' equity 2,234.3 2,437.2 3,078.7
Total liabilities and shareholders’ equity $ 21,730.4 $ 20,666.7 $ 20,435.0