XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Assets      
Cash and cash equivalents $ 120.7 $ 235.0 $ 857.6
Restricted cash 3.0 6.5 110.8
Accounts and notes receivable      
Accounts and notes receivable, gross 1,121.6 849.0 689.6
Allowance for credit losses (10.0) (10.3) (2.7)
Accounts and notes receivable, net 1,111.6 838.7 686.9
Inventories      
Finished products 405.2 418.0 373.7
Raw materials 63.5 59.9 37.9
Products in process 4.8 4.2 5.1
Operating supplies and other 50.7 39.2 33.9
Inventories 524.2 521.3 450.6
Other current assets 140.0 95.1 94.5
Total current assets 1,899.5 1,696.6 2,200.4
Investments and long-term receivables 33.1 34.1 34.3
Property, plant & equipment      
Property, plant & equipment, cost 10,831.1 10,444.4 9,094.7
Allowances for depreciation, depletion & amortization (5,087.9) (4,897.6) (4,729.5)
Property, plant & equipment, net 5,743.2 5,546.8 4,365.2
Operating lease right-of-use assets, net 692.6 691.4 464.8
Goodwill 3,742.4 3,696.7 3,172.1
Other intangible assets, net 1,776.0 1,749.0 1,103.1
Other noncurrent assets 294.7 268.0 231.1
Total assets 14,181.5 13,682.6 11,571.0
Liabilities      
Current maturities of long-term debt 0.5 5.2 15.4
Short-term debt 176.0 0.0 0.0
Trade payables and accruals 441.0 365.5 300.1
Other current liabilities 411.8 398.6 283.7
Total current liabilities 1,029.3 769.3 599.2
Long-term debt 3,873.7 3,874.8 2,769.9
Deferred income taxes, net 1,036.1 1,005.9 748.3
Deferred revenue 163.9 167.1 170.2
Noncurrent operating lease liabilities 645.1 642.5 443.1
Other noncurrent liabilities 689.2 655.3 547.2
Total liabilities 7,437.3 7,114.9 5,277.9
Other commitments and contingencies (Note 8)
Equity      
Common stock, $1 par value, Authorized 480.0 shares, Outstanding 132.9, 132.7 and 132.7 shares, respectively 132.9 132.7 132.7
Capital in excess of par value 2,817.3 2,816.5 2,806.7
Retained earnings 3,921.4 3,748.5 3,531.8
Accumulated other comprehensive loss (150.5) (152.7) (178.1)
Total shareholders' equity 6,721.1 6,545.0 6,293.1
Noncontrolling interest 23.1 22.7 0.0
Total equity 6,744.2 6,567.7 6,293.1
Total liabilities and equity $ 14,181.5 $ 13,682.6 $ 11,571.0