XML 16 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 137.3 $ 129.6
Restricted cash 0.2 0.2
Accounts receivable, less allowances (2016 – $16.9 million; 2015 – $16.9 million) 465.0 454.6
Inventories, net 551.3 543.2
Deferred charges and prepaid expenses 25.9 22.7
Other current assets 95.2 56.1
Total Current Assets 1,274.9 1,206.4
Property, Plant and Equipment, net 780.1 777.8
Other Assets    
Goodwill 328.7 327.3
Non-current pension assets 88.1 86.3
Other intangible assets 265.1 271.3
Deferred income taxes 64.9 65.9
Other Assets, Noncurrent 48.3 49.1
Total Other Assets 795.1 799.9
Total Assets 2,850.1 2,784.1
Current Liabilities    
Short-term debt 0.2 62.0
Current portion of long-term debt 15.1 15.1
Accounts payable, trade 177.9 159.7
Salaries, wages and benefits 84.6 102.3
Income taxes payable 30.2 13.1
Other current liabilities 134.6 153.1
Total Current Liabilities 442.6 505.3
Non-Current Liabilities    
Long-term debt 673.4 579.4
Accrued pension cost 149.2 146.9
Accrued postretirement benefits cost 133.1 136.1
Deferred income taxes 3.6 3.6
Other non-current liabilities 72.6 68.2
Total Non-Current Liabilities 1,031.9 934.2
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 901.6 905.1
Earnings invested in the business 1,499.9 1,457.6
Accumulated other comprehensive loss (271.9) (287.0)
Treasury shares at cost (2016 - 19,152,333 shares; 2015 - 18,112,047 shares) (833.0) (804.3)
Total Shareholders' Equity 1,349.7 1,324.5
Noncontrolling Interest 25.9 20.1
Total Equity 1,375.6 1,344.6
Total Liabilities and Shareholders' Equity $ 2,850.1 $ 2,784.1