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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 371,684,000 $ 504,423,000
Notes receivable 13,753,000 7,485,000
Accounts receivable, less allowances of $7,570 at 2017 and $7,290 at 2016 428,060,000 409,913,000
Inventories:    
Finished goods 365,672,000 338,887,000
Work in process 31,000,000 29,922,000
Raw materials and supplies 115,085,000 101,342,000
Total inventories 511,757,000 470,151,000
Other current assets 63,063,000 28,546,000
Total current assets 1,388,317,000 1,420,518,000
Property, plant and equipment:    
Land and land improvements 52,683,000 47,767,000
Buildings 311,199,000 282,960,000
Machinery and equipment 1,890,210,000 1,742,449,000
Molds, cores and rings 220,528,000 224,662,000
Total property, plant and equipment 2,474,620,000 2,297,838,000
Less: Accumulated depreciation 1,507,873,000 1,433,611,000
Property, plant and equipment, net 966,747,000 864,227,000
Goodwill 54,613,000 52,705,000
Intangibles, net of accumulated amortization of $93,353 at 2017 and $77,321 at 2016 133,256,000 140,751,000
Restricted cash 1,422,000 1,327,000
Deferred income tax assets 58,665,000 133,879,000
Other assets 4,715,000 5,988,000
Total assets 2,607,735,000 2,619,395,000
Current liabilities:    
Notes payable 39,450,000 26,286,000
Accounts payable 277,060,000 282,416,000
Accrued liabilities 180,476,000 183,804,000
Income taxes payable 6,954,000 5,887,000
Current portion of long-term debt 1,413,000 2,421,000
Total current liabilities 505,353,000 500,814,000
Long-term debt 295,987,000 297,094,000
Postretirement benefits other than pensions 256,888,000 247,227,000
Pension benefits 219,534,000 285,852,000
Other long-term liabilities 144,217,000 156,924,000
Deferred income tax liabilities 0 1,248,000
Equity:    
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued at 2017 and 2016 87,850,000 87,850,000
Capital in excess of par value 20,740,000 25,876,000
Retained earnings 2,394,372,000 2,321,424,000
Accumulated other comprehensive loss (478,478,000) (545,151,000)
Parent stockholders' equity before treasury stock 2,024,484,000 1,889,999,000
Less: Common shares in treasury at cost (36,908,553 at 2017 and 34,850,512 at 2016) (897,388,000) (813,985,000)
Total parent stockholders’ equity 1,127,096,000 1,076,014,000
Noncontrolling shareholders’ interests in consolidated subsidiaries 58,660,000 54,222,000
Total equity 1,185,756,000 1,130,236,000
Total liabilities and equity $ 2,607,735,000 $ 2,619,395,000