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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 155.0 $ 278.8
Restricted cash 14.8 15.3
Accounts receivable, less allowances (2015 – $17.2 million; 2014 – $13.7 million) 469.8 475.7
Inventories, net 595.4 585.5
Deferred income taxes 48.0 49.9
Deferred charges and prepaid expenses 25.1 25.2
Other current assets 70.8 51.5
Total Current Assets 1,378.9 1,481.9
Property, Plant and Equipment, net 783.1 780.5
Other Assets    
Goodwill 327.1 259.5
Non-current pension assets 114.1 176.2
Other intangible assets 277.8 239.8
Deferred income taxes 18.3 11.2
Other non-current assets 47.3 52.3
Total Other Assets 784.6 739.0
Total Assets 2,946.6 3,001.4
Current Liabilities    
Short-term debt 83.6 7.4
Current portion of long-term debt 15.1 0.6
Accounts payable, trade 176.0 143.9
Salaries, wages and benefits 110.0 146.7
Income taxes payable 75.0 80.2
Other current liabilities 145.9 155.0
Total Current Liabilities 605.6 533.8
Non-Current Liabilities    
Long-term debt 625.9 522.1
Accrued pension cost 158.8 165.9
Accrued postretirement benefits cost 130.1 141.8
Deferred income taxes 3.8 4.1
Other non-current liabilities 70.8 44.6
Total Non-Current Liabilities 989.4 878.5
Shareholders' Equity    
Class I and II Serial Preferred Stock, without par value: Authorized – 10,000,000 shares each class, none issued 0.0 0.0
Common Stock, Value, Issued 53.1 53.1
Other paid-in capital 901.0 899.4
Earnings invested in the business 1,514.6 1,615.4
Accumulated other comprehensive loss (411.6) (482.5)
Treasury shares at cost (2015 - 15,381,580 shares; 2014 - 9,783,375 shares) (722.8) (509.2)
Total Shareholders' Equity 1,334.3 1,576.2
Noncontrolling Interest 17.3 12.9
Total Equity 1,351.6 1,589.1
Total Liabilities and Shareholders' Equity $ 2,946.6 $ 3,001.4