CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 237.6	$ 187.8
Accounts receivable, less allowances of $1.9 and $2.1	303.8	287.0
Inventories	292.3	258.2
Other current assets	43.5	23.8
Total Current Assets	877.2	756.8
Property, Plant and Equipment, Net	573.2	588.6
Equity Investment in Affiliates	9.5	8.5
Trade Names and Other Intangibles, Net	1,561.8	1,431.8
Goodwill	1,534.7	1,444.1
Other Assets	110.6	124.3
Total Assets	4,667.0	4,354.1
Current Liabilities
Short-term borrowings	629.3	426.8
Accounts payable and accrued expenses	581.6	568.9
Income taxes payable	0.8	6.2
Total Current Liabilities	1,211.7	1,001.9
Long-term Debt	894.1	693.4
Deferred Income Taxes	524.7	512.2
Deferred and Other Long-term Liabilities	188.2	168.7
Total Liabilities	2,818.7	2,376.2
Commitments and Contingencies
Stockholders' Equity
Preferred Stock, $1.00 par value, Authorized 2,500,000 shares; none issued	0.0	0.0
Common Stock, $1.00 par value, Authorized 600,000,000 shares and 292,855,100 shares issued as of June 30, 2017	292.8	292.8
Additional paid-in capital	258.1	251.4
Retained earnings	3,034.7	2,926.0
Accumulated other comprehensive loss	(41.3)	(63.8)
Common stock in treasury, at cost: 43,571,217 shares in 2017 and 38,892,165 shares in 2016	(1,696.0)	(1,428.5)
Total Stockholders' Equity	1,848.3	1,977.9
Total Liabilities and Stockholders’ Equity	$ 4,667.0	$ 4,354.1

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Name:	us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.