XML 54 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplementary Financial Statement Information (Tables)
 12 Months Ended
Dec. 31, 2013
Supplementary Financial Statement Information [Abstract]  
Allowance for doubtful accounts
The following shows changes in the allowance for doubtful accounts for the years ended December 31, 2013, 2012 and 2011:
 
2013
 
2012
 
2011
Balance at beginning of year
$
9.1

 
$
11.9

 
$
13.1

Increase (decrease) in allowance
(0.4
)
 
(2.7
)
 
(1.1
)
Receivables written off
(0.6
)
 
(0.1
)
 
(0.1
)
Balance at end of year
$
8.1

 
$
9.1

 
$
11.9
Inventory, net
Inventories as of December 31, 2013 and 2012, consist of:
 
2013
 
2012
Finished and semi-finished
$
722.2

 
$
728.5

Raw materials
260.9

 
315.7

Total cost
983.1

 
1,044.2

Adjustment to state inventories at LIFO value
(396.5
)
 
(435.0
)
Inventory, net
$
586.6

 
$
609.2
Change in LIFO reserve
The following shows changes in the LIFO reserve for the years ended December 31, 2013, 2012 and 2011:
 
2013
 
2012
 
2011
Balance at beginning of year
$
435.0

 
$
524.0

 
$
514.2

Change in reserve
(38.5
)
 
(89.0
)
 
9.8

Balance at end of year
$
396.5

 
$
435.0

 
$
524.0
Property, plant and equipment
The Company’s property, plant and equipment balances as of December 31, 2013 and 2012 are as follows:
 
2013
 
2012
Land, land improvements and leaseholds
$
249.5

 
$
239.8

Buildings
403.7

 
428.3

Machinery and equipment
5,178.0

 
5,224.4

Construction in progress
40.7

 
51.4

Total
5,871.9

 
5,943.9

Less accumulated depreciation
(3,991.8
)
 
(3,931.6
)
Property, plant and equipment, net
$
1,880.1

 
$
2,012.3
Other non-current assets
Other non-current assets as of December 31, 2013 and 2012, consist of:
 
2013
 
2012
Investment in AFSG Holdings, Inc.
$
55.6

 
$
55.6

Goodwill
37.1

 
37.1

Deferred tax assets, non-current
76.6

 
88.2

Other
95.3

 
117.2

Other non-current assets
$
264.6

 
$
298.1