XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 330.5 $ 331.6
Restricted cash 8.6 9.1
Accounts receivable, less allowances (2023 – $17.6 million; 2022 – $17.9 million) 758.1 699.6
Unbilled receivables 115.1 103.9
Inventories, net 1,209.4 1,191.3
Deferred charges and prepaid expenses 47.8 44.4
Other current assets 122.8 124.1
Total Current Assets 2,592.3 2,504.0
Property, Plant and Equipment, net 1,228.5 1,207.4
Other Assets    
Goodwill 1,075.8 1,098.3
Other intangible assets 755.3 765.3
Operating lease assets 108.2 101.4
Deferred income taxes 67.2 71.0
Other non-current assets 25.7 25.0
Total Other Assets 2,032.2 2,061.0
Total Assets 5,853.0 5,772.4
Current Liabilities    
Accounts payable, trade 390.5 403.9
Short-term debt, including current portion of long-term debt 48.6 49.0
Salaries, wages and benefits 131.9 155.3
Income taxes payable 31.9 51.3
Other current liabilities 337.1 352.9
Total Current Liabilities 940.0 1,012.4
Non-Current Liabilities    
Long-term debt 1,978.8 1,914.2
Accrued pension benefits 160.1 160.3
Accrued postretirement benefits 31.5 31.4
Long-term operating lease liabilities 67.6 65.2
Deferred income taxes 138.0 139.8
Other non-current liabilities 100.7 96.2
Total Non-Current Liabilities 2,476.7 2,407.1
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 853.3 829.6
Retained earnings 2,030.8 1,932.1
Accumulated other comprehensive loss (156.8) (181.9)
Treasury shares at cost (2023 – 6,021,820 shares; 2022 – 5,188,257 shares) (420.0) (352.2)
Total Shareholders’ Equity 2,348.0 2,268.3
Noncontrolling Interest 88.3 84.6
Total Equity 2,436.3 2,352.9
Total Liabilities and Equity $ 5,853.0 $ 5,772.4