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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 97.9 $ 316.7
Accounts receivable, less allowances of $2.9 and $3.1 384.6 345.3
Inventories 399.5 382.8
Other current assets 31.7 33.4
Total Current Assets 913.7 1,078.2
Property, Plant and Equipment, Net 558.8 598.2
Equity Investment in Affiliates 9.4 8.5
Trade Names and Other Intangibles, Net 2,256.3 2,274.0
Goodwill 1,992.9 1,992.9
Other Assets 229.5 117.4
Total Assets 5,960.6 6,069.2
Current Liabilities    
Short-term borrowings 99.8 1.8
Current portion of long-term debt 297.7 596.5
Accounts payable and accrued expenses 699.1 725.1
Income taxes payable 36.7 2.9
Total Current Liabilities 1,133.3 1,326.3
Long-term Debt 1,509.4 1,508.8
Deferred Income Taxes 580.5 576.4
Deferred and Other Long-term Liabilities 238.1 203.9
Total Liabilities 3,461.3 3,615.4
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 March 31, 2019 and December 31, 2018 292.8 292.8
Additional paid-in capital 281.3 280.8
Retained earnings 3,965.4 3,832.6
Accumulated other comprehensive loss (59.5) (53.6)
Common stock in treasury, at cost: 46,789,017 shares as of March 31, 2019 and 45,969,515 shares as of December 31, 2018 (1,980.7) (1,898.8)
Total Stockholders' Equity 2,499.3 2,453.8
Total Liabilities and Stockholders' Equity $ 5,960.6 $ 6,069.2