XML 25 R5.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets:      
Cash and cash equivalents $ 198.8 $ 165.7 $ 226.6
Accounts receivable, less allowance 2,563.6 2,352.4 2,078.1
Inventories 2,626.5 1,927.2 1,804.1
Other current assets 518.8 608.4 482.6
Total current assets 5,907.7 5,053.7 4,591.4
Property, plant and equipment, net 2,207.0 1,867.3 1,834.5
Goodwill 7,583.2 7,134.6 7,049.1
Intangible assets, net 4,002.0 4,001.5 4,471.2
Operating lease right-of-use assets 1,866.8 1,820.6 1,761.1
Other assets 1,027.3 789.0 694.3
Total Assets 22,594.0 20,666.7 20,401.6
Current liabilities:      
Short-term borrowings 978.1 763.5 0.1
Accounts payable 2,436.5 2,403.0 2,117.8
Compensation and taxes withheld 784.5 716.6 752.7
Accrued taxes 197.4 160.3 183.5
Current portion of long-term debt 0.6 260.6 25.1
Current portion of operating lease liabilities 425.3 409.7 387.3
Other accruals 1,138.3 1,005.8 1,127.9
Total current liabilities 5,960.7 5,719.5 4,594.4
Long-term debt 9,591.0 8,590.9 8,266.9
Postretirement benefits other than pensions 139.3 259.4 275.6
Deferred income taxes 681.6 768.2 846.1
Long-term operating lease liabilities 1,512.9 1,470.7 1,434.1
Other long-term liabilities 1,606.4 1,420.8 1,373.7
Shareholders’ equity:      
Common stock - $0.33-1/3 par value: 258.9, 261.1, and 268.7 million shares outstanding at December 31, 2022, 2021 and 2020, respectively 91.2 90.8 89.9
Other capital 3,963.9 3,793.0 3,491.4
Retained earnings 3,523.2 2,121.7 844.3
Treasury stock, at cost (3,775.6) (2,869.9) (96.5)
Accumulated other comprehensive loss (700.6) (698.4) (718.3)
Total shareholders’ equity 3,102.1 2,437.2 3,610.8
Total Liabilities and Shareholders’ Equity $ 22,594.0 $ 20,666.7 $ 20,401.6