Balance Sheet Information

6 Months Ended

Jun. 30, 2012

Balance Sheet Information

Balance Sheet Information

4.Balance Sheet Information

	June 30			December 31
(millions)	2012			2011
	(unaudited)
Accounts receivable, net
Accounts receivable	$	2,133.9		$	2,144.6
Allowance for doubtful accounts	(57.0		)	(49.3		)
Total	$	2,076.9		$	2,095.3
Inventories
Finished goods	$	738.4		$	745.5
Raw materials and parts	352.1			351.4
Inventories at FIFO cost	1,090.5			1,096.9
Excess of FIFO cost over LIFO cost	(18.8		)	(27.3		)
Total	$	1,071.7		$	1,069.6
Property, plant and equipment, net
Land	$	149.1		$	158.8
Buildings and improvements	488.4			483.8
Leasehold improvements	78.0			77.3
Machinery and equipment	1,197.8			1,206.1
Merchandising and customer equipment	1,732.9			1,682.7
Capitalized software	355.8			385.7
Construction in progress	239.9			182.7
	4,241.9			4,177.1
Accumulated depreciation	(1,956.8		)	(1,881.7		)
Total	$	2,285.1		$	2,295.4
Other intangible assets, net
Cost of intangible assets not subject to amortization
Trade names	$	1,230.0		$	1,230.0
Cost of intangible assets subject to amortization
Customer relationships	$	2,552.4		$	2,593.2
Trademarks	201.3			201.0
Patents	411.0			404.4
Other technology	174.3			174.6
	$	3,339.0		$	3,373.2
Accumulated amortization
Customer relationships	$	(274.3	)	$	(204.8	)
Trademarks	(54.3		)	(48.6		)
Patents	(50.9		)	(36.3		)
Other technology	(48.6		)	(38.3		)
Other intangible assets, net	$	4,140.9		$	4,275.2
Other assets
Deferred income taxes	$	45.5		$	61.9
Pension	22.0			22.3
Other	241.6			278.6
Total	$	309.1		$	362.8

	June 30			December 31
(millions)	2012			2011
	(unaudited)
Other current liabilities
Discounts and rebates	$	246.5		$	239.9
Dividends payable	58.5			60.0
Interest payable	25.9			51.0
Taxes payable, other than income	64.0			74.1
Derivative liabilities	15.1			3.3
Restructuring	79.5			63.8
Other	271.7			256.6
Total	$	761.2		$	748.7
Other liabilities
Deferred income taxes	$	1,215.5		$	1,249.2
Income taxes payable - non-current	83.4			80.8
Other	140.4			160.7
Total	$	1,439.3		$	1,490.7
Accumulated other comprehensive loss
Unrealized loss on derivative financial instruments, net of tax	$	(12.1	)	$	(13.5	)
Unrecognized pension and postretirement benefit expense, net of tax	(465.8		)	(481.3		)
Cumulative translation, net of tax	4.2			149.9
Total	$	(473.7	)	$	(344.9	)