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Consolidated Balance Sheets
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Dec. 31, 2017
USD ($)
Current Assets      
Cash and cash equivalents $ 145.2 $ 145.2 $ 121.6
Restricted cash 1.4 1.4 3.8
Accounts receivable, less allowances (2018 – $19.1 million; 2017 – $20.3 million) 530.2 530.2 524.9
Contract with Customer, Asset, Net 127.5 127.5 0.0
Inventories, net 777.4 777.4 738.9
Net Income (Loss) Attributable to Parent 91.0 171.2  
Deferred charges and prepaid expenses 25.3 25.3 29.7
Other current assets 92.8 92.8 81.2
Total Current Assets 1,699.8 1,699.8 1,500.1
Property, Plant and Equipment, net 834.5 834.5 864.2
Other Assets      
Goodwill 493.7 493.7 511.8
Non-current pension assets 26.0 26.0 19.7
Other intangible assets 389.0 389.0 420.6
Deferred income taxes 55.1 55.1 61.0
Other Assets, Noncurrent 29.9 29.9 25.0
Total Other Assets 993.7 993.7 1,038.1
Total Assets 3,528.0 3,528.0 3,402.4
Current Liabilities      
Short-term debt 162.3 162.3 105.4
Current portion of long-term debt 2.7 2.7 2.7
Accounts payable, trade 253.2 253.2 265.2
Salaries, wages and benefits 111.4 111.4 127.9
Income taxes payable 15.1 15.1 9.8
Other current liabilities 166.5 166.5 160.7
Total Current Liabilities 711.2 711.2 671.7
Non-Current Liabilities      
Long-term debt 881.4 881.4 854.2
Accrued pension cost 165.7 165.7 167.3
Accrued postretirement benefits cost 122.2 122.2 122.6
Deferred income taxes 40.4 40.4 44.0
Other non-current liabilities 54.8 54.8 67.7
Total Non-Current Liabilities 1,264.5 1,264.5 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 0.0
Common Stock, Value, Outstanding 53.1 53.1 53.1
Other paid-in capital 907.2 907.2 903.8
Earnings invested in the business 1,545.3 1,545.3 1,408.4
Accumulated other comprehensive loss (69.9) (69.9) (38.3)
Treasury shares at cost (2018 - 19,152,333 shares; 2017 - 20,672,133 shares) 913.9 913.9 884.3
Total Shareholders' Equity 1,521.8 1,521.8 1,442.7
Noncontrolling Interest 30.5 30.5 32.2
Total Equity 1,552.3 1,552.3 1,474.9
Total Liabilities and Shareholders' Equity $ 3,528.0 $ 3,528.0 $ 3,402.4