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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 76.1 $ 71.1
Trade receivables 443.3 448.7
Inventories 619.5 620.2
Prepaid expenses and other current assets 95.7 97.1
Total current assets 1,234.6 1,237.1
Property and equipment    
Land and land improvements 54.1 57.3
Buildings and leasehold improvements 652.8 644.5
Machinery and equipment 2,036.5 2,073.5
Total property and equipment 2,743.4 2,775.3
Less accumulated depreciation (1,493.1) (1,457.2)
Net property and equipment 1,250.3 1,318.1
Other long-term assets    
Goodwill 845.2 852.7
Other intangible assets, net 121.4 142.3
Deferred charges and other assets 119.5 149.7
Total other long-term assets 1,086.1 1,144.7
TOTAL ASSETS 3,571.0 3,699.9
Current liabilities    
Current portion of long-term debt 1.8 5.0
Short-term borrowings 10.2 16.0
Accounts payable 515.9 477.2
Employee-related liabilities 94.3 73.1
Accrued income and other taxes 33.3 30.5
Other current liabilities 46.1 64.3
Total current liabilities 701.6 666.1
Long-term debt, less current portion 1,348.6 1,542.4
Deferred taxes 166.7 153.5
Other liabilities and deferred credits 138.2 136.7
Total liabilities 2,355.1 2,498.7
Commitments and contingencies
Bemis Company, Inc. shareholders' equity:    
Common stock issued 12.9 12.9
Capital in excess of par value 604.2 590.4
Retained earnings 2,456.7 2,324.8
Accumulated other comprehensive loss (525.5) (394.5)
Common stock held in treasury (1,332.4) (1,332.4)
Total Equity 1,215.9 1,201.2
TOTAL LIABILITIES AND EQUITY $ 3,571.0 $ 3,699.9