XML 74 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 992.4 $ 679.6
Trade receivables, net of allowance for doubtful accounts of $31.4 in 2013 and $25.6 in 2012 1,126.4 1,213.0
Other receivables 147.9 100.9
Inventories 688.4 728.9
Deferred taxes 377.7 393.0
Assets held for sale   87.3
Prepaid expenses and other current assets 84.9 86.6
Total current assets 3,417.7 3,289.3
Property and equipment, net 1,134.5 1,194.2
Goodwill 3,114.6 3,151.2
Intangible assets, net 1,016.9 1,131.6
Non-current deferred taxes 63.1 150.3
Other assets, net 387.4 415.1
Total assets 9,134.2 9,331.7
Current liabilities:    
Short-term borrowings 81.6 39.2
Current portion of long-term debt 201.5 1.8
Accounts payable 524.5 480.2
Deferred taxes 8.1 10.3
Settlement agreement and related accrued interest 925.1 876.9
Accrued restructuring costs 69.6 72.4
Liabilities held for sale   8.9
Other current liabilities 890.4 845.3
Total current liabilities 2,700.8 2,335.0
Long-term debt, less current portion 4,116.4 4,540.8
Non-current deferred taxes 278.6 366.7
Other liabilities 647.9 644.9
Total liabilities 7,743.7 7,887.4
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2013 and 2012      
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 205,707,580 in 2013 and 204,660,621 in 2012; shares outstanding; 196,198,672 in 2013 and 194,557,669 in 2012 20.6 20.5
Common stock reserved for issuance related to Settlement agreement, $0.10 par value per share, 18,000,000 shares in 2013 and 2012 1.8 1.8
Additional paid-in capital 1,695.3 1,685.0
Retained earnings 276.4 254.8
Common stock in treasury, 9,508,908 shares in 2013 and 10,102,952 shares in 2012 (327.6) (353.4)
Accumulated other comprehensive loss, net of taxes:    
Unrecognized pension items (146.2) (142.3)
Cumulative translation adjustment (134.4) (24.1)
Unrealized gain on derivative instruments 3.2 1.5
Total accumulated other comprehensive loss, net of taxes (277.4) (164.9)
Total parent company stockholders' equity 1,389.1 1,443.8
Noncontrolling interests 1.4 0.5
Total stockholders' equity 1,390.5 1,444.3
Total liabilities and stockholders' equity $ 9,134.2 $ 9,331.7