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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 61.3 $ 50.2
Accounts and notes receivable, net of allowances of $6.9 and $6.7 in 2017 and 2016, respectively 689.9 469.8
Inventories, net 538.8 418.5
Other assets 76.7 67.4
Total current assets 1,366.7 1,005.9
Property, plant and equipment, net of accumulated depreciation of $750.3 and $717.2 in 2017 and 2016, respectively 371.7 361.4
Goodwill 199.0 195.1
Deferred income taxes 141.3 136.7
Other assets, net 67.1 61.2
Total assets 2,145.8 1,760.3
Current Liabilities:    
Short-term debt 251.3 52.4
Current maturities of long-term debt 15.0 200.1
Accounts payable 442.5 361.2
Accrued expenses 257.2 265.9
Income taxes payable 23.5 9.0
Total current liabilities 989.5 888.6
Long-term debt 922.6 615.7
Post-retirement benefits, other than pensions 2.1 2.8
Pensions 89.5 87.5
Other liabilities 131.5 127.7
Total liabilities 2,135.2 1,722.3
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 1,038.1 1,046.2
Retained earnings 1,472.2 1,353.0
Accumulated other comprehensive loss (166.5) (195.1)
Treasury stock, at cost, 44,992,520 shares and 44,195,250 shares as of June 30, 2017 and December 31, 2016, respectively (2,334.5) (2,167.4)
Noncontrolling interests 0.4 0.4
Total stockholders’ equity 10.6 38.0
Total liabilities and stockholders' equity $ 2,145.8 $ 1,760.3