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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Current assets:      
Cash and cash equivalents $ 130.5 $ 165.7 $ 313.3
Accounts receivable, net 2,897.6 2,352.4 2,598.0
Inventories 2,547.8 1,927.2 1,816.0
Other current assets 541.3 608.4 651.1
Total current assets 6,117.2 5,053.7 5,378.4
Property, plant and equipment, net 2,041.2 1,867.3 1,827.2
Goodwill 7,318.2 7,134.6 6,996.3
Intangible assets 3,958.3 4,001.5 4,068.8
Operating lease right-of-use assets 1,853.0 1,820.6 1,774.4
Other assets 957.9 789.0 691.5
Total assets 22,245.8 20,666.7 20,736.6
Current liabilities:      
Short-term borrowings 945.2 763.5 709.4
Accounts payable 2,808.4 2,403.0 2,675.4
Compensation and taxes withheld 650.6 716.6 692.1
Accrued taxes 205.3 160.3 181.3
Current portion of long-term debt 0.6 260.6 662.1
Current portion of operating lease liabilities 418.1 409.7 398.8
Other accruals 1,067.8 1,005.8 1,159.4
Total current liabilities 6,096.0 5,719.5 6,478.5
Long-term debt 9,588.9 8,590.9 7,604.9
Postretirement benefits other than pensions 256.5 259.4 271.8
Deferred income taxes 691.8 768.2 801.5
Long-term operating lease liabilities 1,492.4 1,470.7 1,433.9
Other long-term liabilities 1,522.4 1,420.8 1,455.7
Shareholders’ equity:      
Common stock 91.1 90.8 90.5
Other capital 3,919.6 3,793.0 3,688.1
Retained earnings 3,292.6 2,121.7 1,961.8
Treasury stock, at cost (3,643.0) (2,869.9) (2,263.4)
Accumulated other comprehensive loss (1,062.5) (698.4) (786.7)
Total shareholders' equity 2,597.8 2,437.2 2,690.3
Total liabilities and shareholders’ equity $ 22,245.8 $ 20,666.7 $ 20,736.6