XML 59 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 590.6 $ 415.8
Trade accounts receivable, less allowance for doubtful accounts of $1.9 and $1.3 in 2012 and 2011, respectively 218.3 184.2
Other accounts receivable 22.1 28.3
Inventories 230.8 186.5
Deferred income taxes 23.6 34.9
Other current assets 18.2 13.4
Current assets held for sale 503.0 424.7
Total current assets 1,606.6 1,287.8
Plants, equipment and facilities, at cost 1,163.2 1,109.8
Less: accumulated depreciation (463.8) (385.1)
Net plant investment 699.4 724.7
Acquisition intangibles, net of accumulated amortization of $36.4 and $34.7 in 2012 and 2011, respectively 11.6 12.2
Goodwill 339.4 314.5
Deferred income taxes 9.5 16.3
Other assets 91.2 87.1
Non-current assets held for sale 1,100.7 1,094.1
Total assets 3,858.4 3,536.7
Current liabilities    
Accounts payable 141.3 118.9
Short-term borrowings 10.8 3.5
Accrued expenses 134.2 126.1
Income taxes payable 15.8 20.8
Deferred income taxes 1.1 0.6
Current liabilities held for sale 285.4 252.0
Total current liabilities 588.6 521.9
Long-term debt 807.2 635.9
Pension and other postretirement benefit liabilities 255.2 277.0
Other noncurrent liabilities 202.0 208.3
Deferred income taxes 56.4 41.2
Non-current liabilities held for sale 161.9 159.1
Stockholders' equity    
Preferred stock, 20,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $.01 par value per share, 150,000,000 shares authorized; issued 49,592,268 in 2012 and 49,586,198 in 2011 0.5 0.5
Additional paid-in capital 461.7 461.2
Retained earnings 1,553.6 1,476.4
Accumulated other comprehensive loss (73.5) (66.5)
Treasury stock, at cost, 3,545,779 shares in 2012 and 4,077,360 shares in 2011 (159.6) (185.0)
Total Cytec Industries Inc. stockholders' equity 1,782.7 1,686.6
Noncontrolling interests 4.4 6.7
Total equity 1,787.1 1,693.3
Total liabilities and stockholders' equity $ 3,858.4 $ 3,536.7