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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 300.9 $ 257.1
Restricted cash 0.7 0.8
Accounts receivable, less allowances (2022 – $16.1 million; 2021 – $16.9 million) 735.5 626.4
Unbilled receivables 83.6 104.5
Inventories, net 1,132.6 1,042.7
Deferred charges and prepaid expenses 40.1 32.2
Other current assets 160.1 149.8
Total Current Assets 2,453.5 2,213.5
Property, Plant and Equipment, net 1,069.0 1,055.3
Other Assets    
Goodwill 979.1 1,022.7
Other intangible assets 594.7 668.8
Operating lease assets 102.4 118.9
Deferred income taxes 56.7 67.6
Other non-current assets 26.5 23.9
Total Other Assets 1,759.4 1,901.9
Total Assets 5,281.9 5,170.7
Current Liabilities    
Accounts payable, trade 373.4 430.0
Short-term debt, including current portion of long-term debt 371.8 53.8
Salaries, wages and benefits 142.8 136.0
Income taxes payable 27.6 26.2
Other current liabilities 293.4 250.6
Total Current Liabilities 1,209.0 896.6
Non-Current Liabilities    
Long-term debt 1,411.3 1,411.1
Accrued pension benefits 162.0 155.6
Accrued postretirement benefits 44.2 45.8
Long-term operating lease liabilities 67.1 77.6
Deferred income taxes 114.0 121.4
Other non-current liabilities 95.5 84.9
Total Non-Current Liabilities 1,894.1 1,896.4
Shareholders’ Equity    
Class I and II Serial Preferred Stock, without par value: Authorized – shares each class, none issued 0.0 0.0
Stated capital 40.7 40.7
Other paid-in capital 817.2 786.9
Retained earnings 1,857.4 1,616.4
Accumulated other comprehensive loss (289.0) (23.0)
Treasury shares at cost (2022 – 4,921,772 shares; 2021 – 1,715,282 shares) (332.7) (126.1)
Total Shareholders’ Equity 2,093.6 2,294.9
Noncontrolling Interest 85.2 82.8
Total Equity 2,178.8 2,377.7
Total Liabilities and Equity $ 5,281.9 $ 5,170.7