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Consolidated Balance Sheets - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 116.4 $ 121.6
Restricted cash 3.9 3.8
Accounts receivable, less allowances (2018 – $21.1 million; 2017 – $20.3 million) 535.1 524.9
Contract with Customer, Asset, Net 111.4 0.0
Inventories, net 776.8 738.9
Net Income (Loss) Attributable to Parent 80.2  
Deferred charges and prepaid expenses 29.2 29.7
Other current assets 73.0 81.2
Total Current Assets 1,645.8 1,500.1
Property, Plant and Equipment, net 865.4 864.2
Other Assets    
Goodwill 515.9 511.8
Non-current pension assets 23.9 19.7
Other intangible assets 414.6 420.6
Deferred income taxes 58.0 61.0
Other Assets, Noncurrent 25.9 25.0
Total Other Assets 1,038.3 1,038.1
Total Assets 3,549.5 3,402.4
Current Liabilities    
Short-term debt 167.1 105.4
Current portion of long-term debt 2.7 2.7
Accounts payable, trade 266.6 265.2
Salaries, wages and benefits 96.8 127.9
Income taxes payable 12.2 9.8
Other current liabilities 156.9 160.7
Total Current Liabilities 702.3 671.7
Non-Current Liabilities    
Long-term debt 896.5 854.2
Accrued pension cost 168.5 167.3
Accrued postretirement benefits cost 122.5 122.6
Deferred income taxes 44.0 44.0
Other non-current liabilities 72.9 67.7
Total Non-Current Liabilities 1,304.4 1,255.8
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, Outstanding 53.1 53.1
Other paid-in capital 901.5 903.8
Earnings invested in the business 1,475.9 1,408.4
Accumulated other comprehensive loss (29.2) (38.3)
Treasury shares at cost (2018 - 19,152,333 shares; 2017 - 20,672,133 shares) 890.4 884.3
Total Shareholders' Equity 1,510.9 1,442.7
Noncontrolling Interest 31.9 32.2
Total Equity 1,542.8 1,474.9
Total Liabilities and Shareholders' Equity $ 3,549.5 $ 3,402.4