Balance Sheet Information

9 Months Ended

Sep. 30, 2015

Balance Sheet Information

Balance Sheet Information

4.Balance Sheet Information

	September 30			December 31
(millions)	2015			2014
Accounts receivable, net
Accounts receivable	$	2,531.0		$	2,704.2
Allowance for doubtful accounts	(81.0		)	(77.5		)
Total	$	2,450.0		$	2,626.7
Inventories
Finished goods	$	984.9		$	1,044.1
Raw materials and parts	444.8			447.3
Inventories at FIFO cost	1,429.7			1,491.4
FIFO cost to LIFO cost difference	9.5			(24.5		)
Total	$	1,439.2		$	1,466.9
Other current assets
Prepaid assets	$	109.1		$	104.7
Taxes receivable	120.5			133.0
Derivative assets	59.2			57.4
Other	44.6			71.5
Total	$	333.4		$	366.6
Property, plant and equipment, net
Land	$	223.6		$	199.9
Buildings and improvements	925.7			759.9
Leasehold improvements	83.8			84.6
Machinery and equipment	1,898.2			1,858.1
Merchandising and customer equipment	1,995.9			1,917.5
Capitalized software	479.9			443.9
Construction in progress	362.7			277.5
	5,969.8			5,541.4
Accumulated depreciation	(2,757.6		)	(2,490.8		)
Total	$	3,212.2		$	3,050.6
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	$	3,261.5		$	3,385.7
Trademarks	300.6			311.1
Patents	430.3			434.5
Other technology	203.6			214.0
	$	4,196.0		$	4,345.3
Accumulated amortization
Customer relationships	$	(913.7	)	$	(794.6	)
Trademarks	(99.2		)	(91.5		)
Patents	(122.1		)	(124.9		)
Other technology	(118.6		)	(107.5		)
Total	$	4,172.4		$	4,456.8
Other assets
Deferred income taxes	$	73.3		$	71.5
Pension	24.8			15.9
Other	259.0			262.6
Total	$	357.1		$	350.0

	September 30			December 31
(millions)	2015			2014
Other current liabilities
Discounts and rebates	$	263.8		$	255.4
Dividends payable	97.5			99.1
Interest payable	65.8			18.9
Taxes payable, other than income	107.5			122.6
Derivative liabilities	28.9			34.0
Restructuring	49.4			66.3
Other	331.4			255.4
Total	$	944.3		$	851.7
Other liabilities
Deferred income taxes	$	1,355.8		$	1,415.8
Income taxes payable - non-current	83.9			86.4
Restructuring	10.5			9.3
Other	133.4			134.0
Total	$	1,583.6		$	1,645.5
Accumulated other comprehensive loss
Unrealized gain (loss) on derivative financial instruments, net of tax	$	9.4		$	(2.7	)
Unrecognized pension and postretirement benefit expense, net of tax	(507.2		)	(552.5		)
Cumulative translation, net of tax	(906.8		)	(396.7		)
Total	$	(1,404.6	)	$	(951.9	)