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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Assets      
Cash and cash equivalents $ 122.4 $ 235.0 $ 135.7
Restricted cash 24.5 6.5 0.7
Accounts and notes receivable      
Accounts and notes receivable, gross 1,223.6 849.0 948.3
Allowance for credit losses (11.0) (10.3) (10.1)
Accounts and notes receivable, net 1,212.6 838.7 938.2
Inventories      
Finished products 403.3 418.0 411.9
Raw materials 64.9 59.9 58.2
Products in process 5.6 4.2 3.8
Operating supplies and other 68.2 39.2 38.3
Inventories 542.0 521.3 512.2
Other current assets 140.8 95.1 131.6
Assets held for sale 291.1 0.0 0.0
Total current assets 2,333.4 1,696.6 1,718.4
Investments and long-term receivables 33.1 34.1 34.1
Property, plant & equipment      
Property, plant & equipment, cost 11,133.6 10,444.4 10,362.8
Allowances for depreciation, depletion & amortization (5,148.3) (4,897.6) (4,815.9)
Property, plant & equipment, net 5,985.3 5,546.8 5,546.9
Operating lease right-of-use assets, net 574.2 691.4 656.9
Goodwill 3,704.5 3,696.7 3,674.8
Other intangible assets, net 1,708.3 1,749.0 1,819.8
Other noncurrent assets 277.0 268.0 237.1
Total assets 14,615.8 13,682.6 13,688.0
Liabilities      
Current maturities of long-term debt 0.5 5.2 12.2
Short-term debt 312.0 0.0 0.0
Trade payables and accruals 484.2 365.5 410.3
Other current liabilities 454.7 398.6 454.2
Liabilities held for sale 111.1 0.0 0.0
Total current liabilities 1,362.5 769.3 876.7
Long-term debt 3,874.2 3,874.8 3,874.1
Deferred income taxes, net 1,073.0 1,005.9 1,053.4
Deferred revenue 161.7 167.1 168.1
Noncurrent operating lease liabilities 549.8 642.5 622.3
Other noncurrent liabilities 715.7 655.3 644.3
Total liabilities 7,736.9 7,114.9 7,238.9
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 2,826.9 2,816.5 2,810.3
Retained earnings 4,045.3 3,748.5 3,659.6
Accumulated other comprehensive loss (149.4) (152.7) (176.5)
Total shareholders' equity 6,855.7 6,545.0 6,426.1
Noncontrolling interest 23.2 22.7 23.0
Total equity 6,878.9 6,567.7 6,449.1
Total liabilities and equity $ 14,615.8 $ 13,682.6 $ 13,688.0