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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 50.2 $ 38.9
Accounts and notes receivable, net of allowances of $6.7 and $6.3 in 2016 and 2015, respectively 469.8 422.8
Inventories, net 418.5 418.8
Other assets 67.4 57.7
Total current assets 1,005.9 938.2
Property, plant and equipment, net of accumulated depreciation of $717.2 and $682.9 in 2016 and 2015, respectively 361.4 339.6
Goodwill 195.1 195.1
Deferred income taxes 136.7 145.7
Other assets, net 61.2 58.8
Total assets 1,760.3 1,677.4
Current Liabilities:    
Short-term debt 52.4 204.1
Current maturities of long-term debt 200.1 31.0
Accounts payable 361.2 320.1
Accrued expenses 265.9 242.6
Income taxes payable 9.0 26.0
Total current liabilities 888.6 823.8
Long-term debt 615.7 506.0
Post-retirement benefits, other than pensions 2.8 4.1
Pensions 87.5 120.8
Other liabilities 127.7 121.1
Total liabilities 1,722.3 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 1,046.2 1,002.4
Retained earnings 1,353.0 1,146.7
Accumulated other comprehensive loss (195.1) (204.7)
Treasury stock, at cost, 44,195,250 shares and 42,491,910 shares for 2016 and 2015, respectively (2,167.4) (1,844.1)
Noncontrolling interests 0.4 0.4
Total stockholders’ equity 38.0 101.6
Total liabilities and stockholders' equity $ 1,760.3 $ 1,677.4