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Consolidated Balance Sheets
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
USD ($)
Sep. 30, 2018
USD ($)
Dec. 31, 2017
USD ($)
Current Assets      
Cash and cash equivalents $ 153.7 $ 153.7 $ 121.6
Restricted cash 1.3 1.3 3.8
Accounts receivable, less allowances (2018 – $21.1 million; 2017 – $20.3 million) 548.6 548.6 524.9
Unbilled Receivables, Asset, Net 137.3 137.3 0.0
Inventories, net 841.0 841.0 738.9
Net Income (Loss) Attributable to Parent 71.6 242.8  
Deferred charges and prepaid expenses 28.4 28.4 29.7
Other current assets 76.0 76.0 81.2
Total Current Assets 1,786.3 1,786.3 1,500.1
Property, Plant and Equipment, net 886.8 886.8 864.2
Other Assets      
Goodwill 965.4 965.4 511.8
Non-current pension assets 21.7 21.7 19.7
Other intangible assets 743.1 743.1 420.6
Deferred income taxes 52.3 52.3 61.0
Other Assets, Noncurrent 43.9 43.9 25.0
Total Other Assets 1,826.4 1,826.4 1,038.1
Total Assets 4,499.5 4,499.5 3,402.4
Current Liabilities      
Short-term debt 37.0 37.0 105.4
Current portion of long-term debt 11.4 11.4 2.7
Accounts payable, trade 282.8 282.8 265.2
Salaries, wages and benefits 133.5 133.5 127.9
Income taxes payable 19.2 19.2 9.8
Other current liabilities 172.7 172.7 160.7
Total Current Liabilities 656.6 656.6 671.7
Non-Current Liabilities      
Long-term debt 1,681.7 1,681.7 854.2
Accrued pension cost 171.6 171.6 167.3
Accrued postretirement benefits cost 134.0 134.0 122.6
Deferred income taxes 152.4 152.4 44.0
Other non-current liabilities 62.8 62.8 67.7
Total Non-Current Liabilities 2,202.5 2,202.5 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 945.1 945.1 903.8
Earnings invested in the business 1,595.4 1,595.4 1,408.4
Accumulated other comprehensive loss (88.8) (88.8) (38.3)
Treasury shares at cost (2018 - 19,152,333 shares; 2017 - 20,672,133 shares) 924.9 924.9 884.3
Total Shareholders' Equity 1,579.9 1,579.9 1,442.7
Noncontrolling Interest 60.5 60.5 32.2
Total Equity 1,640.4 1,640.4 1,474.9
Total Liabilities and Shareholders' Equity $ 4,499.5 $ 4,499.5 $ 3,402.4