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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 188.3 $ 278.9
Accounts receivable, less allowances of $2.7 and $2.9 361.5 345.9
Inventories 390.6 330.7
Other current assets 19.9 44.7
Total Current Assets 960.3 1,000.2
Property, Plant and Equipment, Net 587.9 607.7
Equity Investment in Affiliates 8.8 9.3
Trade Names and Other Intangibles, Net 2,294.2 2,320.5
Goodwill 1,992.9 1,958.9
Other Assets 123.2 118.2
Total Assets 5,967.3 6,014.8
Current Liabilities    
Short-term borrowings 1.7 270.9
Current portion of long-term debt 299.7 0.0
Accounts payable and accrued expenses 707.0 659.1
Income taxes payable 19.0 5.0
Total Current Liabilities 1,027.4 935.0
Long-term Debt 1,803.5 2,103.4
Deferred Income Taxes 572.6 561.2
Deferred and Other Long-term Liabilities 210.4 197.2
Total Liabilities 3,613.9 3,796.8
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 September 30, 2018 292.8 292.8
Additional paid-in capital 280.3 264.6
Retained earnings 3,743.5 3,479.0
Accumulated other comprehensive loss (42.9) (36.4)
Common stock in treasury, at cost: 46,834,608 shares in 2018 and 45,225,202 shares in 2017 (1,920.3) (1,782.0)
Total Stockholders' Equity 2,353.4 2,218.0
Total Liabilities and Stockholders' Equity $ 5,967.3 $ 6,014.8