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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 59.2 $ 47.1
Trade receivables 451.3 496.3
Inventories 525.9 575.8
Prepaid expenses and other current assets 82.6 168.6
Total current assets 1,119.0 1,287.8
Property and equipment    
Land and land improvements 53.3 61.5
Buildings and leasehold improvements 589.3 552.3
Machinery and equipment 1,776.9 1,696.5
Total property and equipment 2,419.5 2,310.3
Less accumulated depreciation (1,213.2) (1,167.4)
Net property and equipment 1,206.3 1,142.9
Other long-term assets    
Goodwill 949.5 963.1
Other intangible assets, net 149.8 168.6
Deferred charges and other assets 65.2 48.4
Total other long-term assets 1,164.5 1,180.1
TOTAL ASSETS 3,489.8 3,610.8
Current liabilities    
Current portion of long-term debt 5.8 0.0
Short-term borrowings 29.6 31.3
Accounts payable 334.8 268.2
Employee-related liabilities 93.3 90.8
Accrued income and other taxes 35.2 23.3
Other current liabilities 90.4 67.8
Total current liabilities 589.1 481.4
Long-term debt, less current portion 1,353.9 1,311.6
Deferred taxes 172.4 223.4
Other liabilities and deferred credits 167.0 161.4
Total liabilities $ 2,282.4 $ 2,177.8
Commitments and contingencies
Bemis Company, Inc. shareholders' equity:    
Common stock issued $ 12.8 $ 12.8
Capital in excess of par value 573.2 559.7
Retained earnings 2,216.0 2,086.8
Accumulated other comprehensive loss (509.9) (291.7)
Common stock held in treasury (1,084.7) (934.6)
Total Equity 1,207.4 1,433.0
TOTAL LIABILITIES AND EQUITY $ 3,489.8 $ 3,610.8