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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 261.8 $ 320.3
Restricted cash 0.8 0.8
Accounts receivable, less allowances (2021 – $17.5 million; 2020 – $16.5 million) 700.2 581.1
Unbilled receivables 85.7 110.9
Inventories, net 974.1 841.3
Deferred charges and prepaid expenses 31.0 39.9
Other current assets 141.8 106.0
Total Current Assets 2,195.4 2,000.3
Property, Plant and Equipment, net 1,035.3 1,035.6
Other Assets    
Goodwill 1,029.4 1,047.6
Other intangible assets 685.0 741.4
Operating lease assets 109.8 118.2
Non-current pension assets 4.0 2.0
Deferred income taxes 66.9 77.0
Other non-current assets 19.8 19.5
Total Other Assets 1,914.9 2,005.7
Assets, Total 5,145.6 5,041.6
Current Liabilities    
Short-term debt 27.9 119.8
Current portion of long-term debt 11.1 10.9
Short-term operating lease liabilities 25.7 27.2
Accounts payable, trade 406.2 351.4
Salaries, wages and benefits 134.9 135.7
Income taxes payable 25.6 16.1
Other current liabilities 214.6 186.9
Total Current Liabilities 846.0 848.0
Non-Current Liabilities    
Long-term debt 1,417.0 1,433.9
Accrued pension benefits 162.2 163.0
Accrued postretirement benefits 50.6 41.3
Long-term operating lease liabilities 68.5 75.5
Deferred income taxes 130.6 148.7
Other non-current liabilities 94.3 106.0
Total Non-Current Liabilities 1,923.2 1,968.4
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
Stated capital 40.7 40.7
Other paid-in capital 781.7 740.7
Retained earnings 1,576.2 1,339.5
Accumulated other comprehensive (loss) income (12.3) 41.3
Treasury shares at cost (2021 – 1,211,061 shares; 2020 – 158,836 shares) 89.4 9.3
Total Shareholders’ Equity 2,296.9 2,152.9
Noncontrolling Interest 79.5 72.3
Total Equity 2,376.4 2,225.2
Total Liabilities and Equity $ 5,145.6 $ 5,041.6