CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 50.8	$ 74.2
Trade receivables	475.7	461.9
Inventories	580.3	549.4
Prepaid expenses and other current assets	89.2	80.0
Total current assets	1,196.0	1,165.5
Property and equipment, net	1,302.4	1,283.8
Goodwill	1,037.2	1,028.8
Other intangible assets, net	152.3	155.2
Deferred charges and other assets	90.9	82.4
Total other long-term assets	1,280.4	1,266.4
TOTAL ASSETS	3,778.8	3,715.7
LIABILITIES
Current portion of long-term debt	2.1	2.0
Short-term borrowings	14.4	15.3
Accounts payable	449.8	378.0
Employee-related liabilities	68.2	79.6
Accrued income and other taxes	43.7	31.2
Other current liabilities	47.3	70.0
Total current liabilities	625.5	576.1
Long-term debt, less current portion	1,536.7	1,527.8
Deferred taxes	227.3	219.7
Other liabilities and deferred credits	127.5	132.4
Total Liabilities	2,517.0	2,456.0
Bemis Company, Inc. shareholders' equity:
Common stock issued	12.9	12.9
Capital in excess of par value	577.4	581.5
Retained earnings	2,364.8	2,341.7
Accumulated other comprehensive loss	(415.8)	(447.8)
Common stock held in treasury	(1,277.5)	(1,228.6)
Total Equity	1,261.8	1,259.7
TOTAL LIABILITIES AND EQUITY	$ 3,778.8	$ 3,715.7

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.