XML 15 R5.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 796.3 $ 894.3
Accounts receivable, net 534.4 507.4
Inventories 449.4 414.8
Other current assets 94.1 103.0
Total current assets 1,874.2 1,919.5
Property, plant and equipment 2,543.3 2,386.6
Less: accumulated depreciation and amortization 1,282.0 1,228.3
Property, plant and equipment, net 1,261.3 1,158.3
Operating lease right-of-use assets 99.2 104.4
Investments in affiliated companies 202.8 204.9
Goodwill 108.0 107.3
Intangible assets, net 16.8 18.4
Deferred income taxes 67.0 65.6
Other noncurrent assets 40.3 38.4
Total Assets 3,669.6 3,616.8
Current liabilities:    
Notes payable and other current debt 2.2 2.2
Accounts payable 218.0 215.4
Accrued salaries, wages and benefits 85.4 76.8
Income taxes payable 26.7 24.8
Operating lease liabilities 16.2 16.0
Other current liabilities 163.1 183.8
Total current liabilities 511.6 519.0
Long-term debt 205.6 206.7
Deferred income taxes 15.4 14.3
Pension and other postretirement benefits 27.3 28.2
Operating lease liabilities 87.3 93.0
Deferred compensation benefits 20.6 19.1
Other long-term liabilities 55.1 51.6
Total Liabilities 922.9 931.9
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: 73.9 million and 74.1 million 18.8 18.8
Capital in excess of par value 158.2 232.2
Retained earnings 3,254.6 2,987.8
Accumulated other comprehensive loss (183.5) (183.0)
Treasury stock, at cost (1.4 million and 1.2 million shares) (501.4) (370.9)
Total Equity 2,746.7 2,684.9
Total Liabilities and Equity $ 3,669.6 $ 3,616.8