XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 483.7 $ 615.5
Accounts receivable, net 465.7 385.3
Inventories 310.2 321.3
Other current assets 67.4 51.6
Total current assets 1,327.0 1,373.7
Property, plant and equipment 2,028.6 2,035.5
Less: accumulated depreciation and amortization 1,097.8 1,092.3
Property, plant and equipment, net 930.8 943.2
Operating lease right-of-use assets 64.5 68.3
Investments in affiliated companies 211.9 214.7
Goodwill 109.5 111.1
Intangible assets, net 28.7 30.5
Deferred income taxes 27.9 16.0
Pension and other postretirement benefits 14.6 12.9
Other noncurrent assets 24.8 23.4
Total Assets 2,739.7 2,793.8
Current liabilities:    
Notes payable and other current debt 2.3 2.3
Accounts payable 204.3 213.1
Pension and other postretirement benefits 2.4 2.3
Accrued salaries, wages and benefits 69.9 106.0
Income taxes payable 49.7 26.0
Operating lease liabilities 9.4 10.1
Other current liabilities 144.8 143.6
Total current liabilities 482.8 503.4
Long-term debt 252.3 252.9
Deferred income taxes 12.2 10.4
Pension and other postretirement benefits 55.2 57.5
Operating lease liabilities 57.4 60.4
Deferred compensation benefits 22.5 22.9
Other long-term liabilities 28.3 31.8
Total Liabilities 910.7 939.3
Commitments and contingencies
Equity:    
Preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding 0.0 0.0
Common stock, par value $0.25 per share; 200.0 million shares authorized; shares issued: 75.3 million and 75.3 million; shares outstanding: 73.8 million and 74.0 million 18.8 18.8
Capital in excess of par value 246.7 267.3
Retained earnings 1,985.4 1,846.7
Accumulated other comprehensive loss (140.2) (110.6)
Treasury stock, at cost (1.5 million and 1.3 million shares) (281.7) (167.7)
Total Equity 1,829.0 1,854.5
Total Liabilities and Equity $ 2,739.7 $ 2,793.8