CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 155.7	$ 316.7
Accounts receivable, less allowances of $2.4 and $3.1	356.4	345.3
Inventories	417.4	382.8
Other current assets	26.9	33.4
Total Current Assets	956.4	1,078.2
Property, Plant and Equipment, Net	573.0	598.2
Equity Investment in Affiliates	9.7	8.5
Trade Names and Other Intangibles, Net	2,750.0	2,274.0
Goodwill	2,079.5	1,992.9
Other Assets	288.8	117.4
Total Assets	6,657.4	6,069.2
Current Liabilities
Short-term borrowings	252.9	1.8
Current portion of long-term debt	0.0	596.5
Accounts payable and accrued expenses	831.9	725.1
Income taxes payable	7.5	2.9
Total Current Liabilities	1,092.3	1,326.3
Long-term Debt	1,810.2	1,508.8
Deferred Income Taxes	579.6	576.4
Deferred and Other Long-term Liabilities	315.5	180.9
Business Acquisition Liabilities	192.0	23.0
Total Liabilities	3,989.6	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; 292,855,100 shares issued as of December 31, 2019 and 2018	292.8	292.8
Additional paid-in capital	295.5	280.8
Retained earnings	4,237.4	3,832.6
Accumulated other comprehensive loss	(66.7)	(53.6)
Common stock in treasury, at cost: 47,439,300 shares as of December 31, 2019 and 45,969,515 shares as of December 31, 2018	(2,091.2)	(1,898.8)
Total Stockholders' Equity	2,667.8	2,453.8
Total Liabilities and Stockholders’ Equity	$ 6,657.4	$ 6,069.2