Balance Sheet Information (Tables)

3 Months Ended

Mar. 31, 2017

Balance Sheet Related Disclosures [Abstract]

Supplemental Balance Sheet Information

Certain amounts included in the Company's balance sheet as of March 31, 2017 and December 31, 2016 consist of the following (dollars in millions):

	March 31, 2017			December 31, 2016
Receivables, net:
Accounts receivable	$	680.4		$	632.0
Less: Allowance for doubtful accounts	(2.2		)	(2.2		)
	$	678.2		$	629.8
Inventories:
Raw materials	$	120.0		$	121.4
Work in process	601.3			606.9
Finished goods	290.1			301.9
	$	1,011.4		$	1,030.2
Property, plant and equipment, net:
Land	$	148.7		$	146.3
Buildings	716.2			713.7
Machinery and equipment	3,198.9			3,131.1
Total property, plant and equipment	4,063.8			3,991.1
Less: Accumulated depreciation	(1,907.7		)	(1,832.0		)
	$	2,156.1		$	2,159.1
Accrued expenses:
Accrued payroll	$	157.3		$	155.3
Sales related reserves	203.7			124.8
Income taxes payable	21.8			30.0
Acquisition consideration payable to seller	17.7			18.8
Other	74.7			76.1
	$	475.2		$	405.0

Schedule of Product Warranty Liability

Activity related to the Company's warranty reserves for the quarters ended March 31, 2017 and April 1, 2016 is as follows (in millions):

	Quarter Ended
	March 31, 2017			April 1, 2016
Beginning Balance	$	8.8		$	5.3
Provision	0.8			0.8
Usage	(1.8		)	(0.6		)
Ending Balance	$	7.8		$	5.5

Schedule of Net Benefit Costs

The components of the Company's net periodic pension expense for the quarters ended March 31, 2017 and April 1, 2016 are as follows (in millions):

	Quarter Ended
	March 31, 2017			April 1, 2016
Service cost	$	2.3		$	2.2
Interest cost	1.0			1.1
Expected return on plan assets	(1.3		)	(1.0		)
Total net periodic pension cost	$	2.0		$	2.3