Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 148.8	$ 129.6
Restricted cash	2.7	0.2
Accounts receivable, less allowances (2016 - $20.2 million; 2015 - $16.9 million)	438.0	454.6
Inventories, net	545.8	543.2
Deferred charges and prepaid expenses	20.3	22.7
Other current assets	48.4	56.1
Total Current Assets	1,204.0	1,206.4
Property, Plant and Equipment, Net	804.4	777.8
Other Assets
Goodwill	357.5	327.3
Non-current pension assets	32.1	86.3
Other intangible assets	271.0	271.3
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent	54.4	65.9
Other non-current assets	34.9	49.1
Total Other Assets	749.9	799.9
Total Assets	2,758.3	2,784.1
Current Liabilities
Short-term debt	19.2	62.0
Long-term Debt, Current Maturities	5.0	15.1
Accounts payable, trade	176.2	159.7
Salaries, wages and benefits	85.9	102.3
Income taxes payable	16.9	13.1
Other current liabilities	149.5	153.1
Total Current Liabilities	452.7	505.3
Non-Current Liabilities
Long-term debt	635.0	579.4
Accrued pension cost	154.7	146.9
Accrued postretirement benefits cost	131.5	136.1
Deferred income taxes	3.9	3.6
Other non-current liabilities	74.5	68.2
Total Non-Current Liabilities	999.6	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 without par value: Authorized – 200,000,000 shares Issued (including shares in treasury) (2015 – 98,375,135 shares; 2014 – 98,375,153 shares) Stated capital	53.1	53.1
Other paid-in capital	906.9	905.1
Earnings invested in the business	1,528.6	1,457.6
Accumulated other comprehensive loss	(322.0)	(287.0)
Treasury shares at cost (2016 - 20,925,492; 2015 - 18,112,047 shares)	(891.7)	(804.3)
Total Shareholders’ Equity	1,274.9	1,324.5
Noncontrolling interest	31.1	20.1
Total Equity	1,306.0	1,344.6
Total Liabilities and Equity	$ 2,758.3	$ 2,784.1