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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 54.7 $ 38.9
Accounts and notes receivable, net of allowances of $7.4 and $6.3 in 2016 and 2015, respectively 643.5 422.8
Inventories, net 505.7 418.8
Other assets 66.3 57.7
Total current assets 1,270.2 938.2
Property, plant and equipment, net of accumulated depreciation of $707.5 and $706.2 in 2016 and 2015, respectively 345.2 339.6
Goodwill 198.5 195.1
Deferred income taxes 145.0 145.7
Other assets, net 65.3 58.8
Total assets 2,024.2 1,677.4
Current Liabilities:    
Short-term debt 225.4 204.1
Current maturities of long-term debt 230.8 31.0
Accounts payable 399.8 320.1
Accrued expenses 256.5 242.6
Income taxes payable 10.2 26.0
Total current liabilities 1,122.7 823.8
Long-term debt 619.0 506.0
Post-retirement benefits, other than pensions 2.9 4.1
Pensions 122.2 120.8
Other liabilities 126.0 121.1
Total liabilities 1,992.8 1,575.8
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.01 par value, 25,000,000 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, $.01 par value, 200,000,000 shares authorized, 87,170,197 shares issued 0.9 0.9
Additional paid-in capital 979.1 1,002.4
Retained earnings 1,247.9 1,146.7
Accumulated other comprehensive loss (186.6) (204.7)
Treasury stock, at cost, 43,508,910 shares and 42,491,910 shares as of June 30, 2016 and December 31, 2015, respectively (2,010.3) (1,844.1)
Noncontrolling interests 0.4 0.4
Total stockholders’ equity 31.4 101.6
Total liabilities and stockholders' equity $ 2,024.2 $ 1,677.4