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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 391,332,000 $ 356,254,000
Notes receivable 535,000 5,737,000
Accounts receivable, less allowances of $8,109 at 2019 and $5,836 at 2018 544,257,000 546,905,000
Inventories:    
Finished goods 326,839,000 338,133,000
Work in process 28,250,000 27,265,000
Raw materials and supplies 109,132,000 114,582,000
Total inventories 464,221,000 479,980,000
Other current assets 52,635,000 67,856,000
Total current assets 1,452,980,000 1,456,732,000
Property, plant and equipment:    
Land and land improvements 53,516,000 52,668,000
Buildings 344,142,000 314,555,000
Machinery and equipment 2,042,578,000 1,981,857,000
Molds, cores and rings 262,444,000 238,911,000
Total property, plant and equipment 2,702,680,000 2,587,991,000
Less: Accumulated depreciation 1,655,438,000 1,586,070,000
Property, plant and equipment, net 1,047,242,000 1,001,921,000
Operating lease right-of-use assets, net of accumulated amortization of $26,121 at 2019 80,752,000  
Goodwill 18,851,000 18,851,000
Intangibles, net of accumulated amortization of $123,735 at 2019 and $112,621 at 2018 111,356,000 120,321,000
Deferred income tax assets 29,336,000 28,146,000
Investment in joint venture 48,912,000 0
Other assets 12,909,000 8,234,000
Total assets 2,802,338,000 2,634,205,000
Current liabilities:    
Notes payable 12,296,000 15,288,000
Accounts payable 276,732,000 286,671,000
Accrued liabilities 302,477,000 282,650,000
Income taxes payable 2,304,000 975,000
Current portion of long-term debt and finance leases 10,265,000 174,760,000
Total current liabilities 604,074,000 760,344,000
Long-term debt and finance leases 309,148,000 121,284,000
Noncurrent operating leases 55,371,000  
Postretirement benefits other than pensions 227,216,000 236,454,000
Pension benefits 126,707,000 147,950,000
Other long-term liabilities 149,065,000 135,730,000
Deferred income tax liabilities 3,024,000 0
Equity:    
Preferred stock, $1 par value; 5,000,000 shares authorized; none issued
Common stock, $1 par value; 300,000,000 shares authorized; 87,850,292 shares issued at 2019 and 2018 87,850,000 87,850,000
Capital in excess of par value 22,175,000 21,124,000
Retained earnings 2,524,963,000 2,449,714,000
Accumulated other comprehensive loss (447,580,000) (461,589,000)
Parent stockholders' equity before treasury stock 2,187,408,000 2,097,099,000
Less: Common shares in treasury at cost (37,647,058 at 2019 and 37,776,659 at 2018) (922,783,000) (925,056,000)
Total parent stockholders' equity 1,264,625,000 1,172,043,000
Noncontrolling shareholders' interests in consolidated subsidiaries 63,108,000 60,400,000
Total equity 1,327,733,000 1,232,443,000
Total liabilities and equity $ 2,802,338,000 $ 2,634,205,000