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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 129.0 $ 129.6
Restricted cash 2.7 0.2
Accounts receivable, less allowances (2016 – $18.3 million; 2015 – $16.9 million) 452.8 454.6
Inventories, net 575.9 543.2
Deferred charges and prepaid expenses 20.3 22.7
Other current assets 46.1 56.1
Total Current Assets 1,226.8 1,206.4
Property, Plant and Equipment, net 796.6 777.8
Other Assets    
Goodwill 359.0 327.3
Non-current pension assets 84.5 86.3
Other intangible assets 274.5 271.3
Deferred income taxes 50.6 65.9
Other Assets, Noncurrent 27.2 49.1
Total Other Assets 795.8 799.9
Total Assets 2,819.2 2,784.1
Current Liabilities    
Short-term debt 22.5 62.0
Current portion of long-term debt 0.0 15.1
Accounts payable, trade 184.5 159.7
Salaries, wages and benefits 89.3 102.3
Income taxes payable 12.1 13.1
Other current liabilities 142.1 153.1
Total Current Liabilities 450.5 505.3
Non-Current Liabilities    
Long-term debt 641.4 579.4
Accrued pension cost 148.1 146.9
Accrued postretirement benefits cost 130.7 136.1
Deferred income taxes 3.3 3.6
Other non-current liabilities 79.0 68.2
Total Non-Current Liabilities 1,002.5 934.2
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 905.4 905.1
Earnings invested in the business 1,524.7 1,457.6
Accumulated other comprehensive loss (264.8) (287.0)
Treasury shares at cost (2016 - 19,152,333 shares; 2015 - 18,112,047 shares) (878.9) (804.3)
Total Shareholders' Equity 1,339.5 1,324.5
Noncontrolling Interest 26.7 20.1
Total Equity 1,366.2 1,344.6
Total Liabilities and Shareholders' Equity $ 2,819.2 $ 2,784.1