XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 367.9 $ 331.6
Restricted cash 7.2 9.1
Accounts receivable, less allowances (2023 – $17.2 million; 2022 – $17.9 million) 706.5 699.6
Unbilled receivables 136.1 103.9
Inventories, net 1,202.4 1,191.3
Deferred charges and prepaid expenses 41.9 44.4
Other current assets 144.9 124.1
Total Current Assets 2,606.9 2,504.0
Property, Plant and Equipment, net 1,245.9 1,207.4
Other Assets    
Goodwill 1,257.6 1,098.3
Other intangible assets 935.3 765.3
Operating lease assets 112.8 101.4
Deferred income taxes 57.6 71.0
Other non-current assets 28.6 25.0
Total Other Assets 2,391.9 2,061.0
Total Assets 6,244.7 5,772.4
Current Liabilities    
Accounts payable, trade 344.2 403.9
Short-term debt, including current portion of long-term debt 598.4 49.0
Salaries, wages and benefits 154.3 155.3
Income taxes payable 46.0 51.3
Other current liabilities 361.0 352.9
Total Current Liabilities 1,503.9 1,012.4
Non-Current Liabilities    
Long-term debt 1,601.6 1,914.2
Accrued pension benefits 147.1 160.3
Accrued postretirement benefits 31.6 31.4
Long-term operating lease liabilities 72.7 65.2
Deferred income taxes 190.3 139.8
Other non-current liabilities 100.4 96.2
Total Non-Current Liabilities 2,143.7 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 1,068.3 829.6
Retained earnings 2,196.7 1,932.1
Accumulated other comprehensive loss (240.9) (181.9)
Treasury shares at cost (2023 – 8,096,800 shares; 2022 – 5,188,257 shares) (587.0) (352.2)
Total Shareholders’ Equity 2,477.8 2,268.3
Noncontrolling Interest 119.3 84.6
Total Equity 2,597.1 2,352.9
Total Liabilities and Equity $ 6,244.7 $ 5,772.4