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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 68.2 $ 50.2
Accounts and notes receivable, net of allowances of $5.9 and $6.7 in 2017 and 2016, respectively 506.5 469.8
Inventories, net 484.2 418.5
Other assets 78.4 67.4
Total current assets 1,137.3 1,005.9
Property, plant and equipment, net of accumulated depreciation of $774.2 and $717.2 in 2017 and 2016, respectively 397.8 361.4
Goodwill 200.5 195.1
Deferred income taxes 94.4 136.7
Other assets, net 61.5 61.2
Total assets 1,891.5 1,760.3
Current Liabilities:    
Short-term debt 0.9 52.4
Current maturities of long-term debt 32.6 200.1
Accounts payable 348.6 361.2
Accrued expenses 270.3 265.9
Income taxes payable 2.1 9.0
Total current liabilities 654.5 888.6
Long-term debt 970.5 615.7
Post-retirement benefits, other than pensions 2.6 2.8
Pensions 84.5 87.5
Other liabilities 129.3 127.7
Total liabilities 1,841.4 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 1,061.5 1,046.2
Retained earnings 1,575.9 1,353.0
Accumulated other comprehensive loss (157.4) (195.1)
Treasury stock, at cost, 45,361,145 shares and 44,195,250 shares for 2017 and 2016, respectively (2,430.8) (2,167.4)
Noncontrolling interests 0.0 0.4
Total stockholders’ equity 50.1 38.0
Total liabilities and stockholders' equity $ 1,891.5 $ 1,760.3