XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 29, 2024
Dec. 31, 2023
Current Assets    
Cash and equivalents $ 32.8 $ 125.8
Trade accounts receivable, less allowances of $8.6 and $10.9, respectively 1,248.6 1,160.6
Prepaid expenses and other current assets 76.1 48.9
Assets held for sale 0.0 291.3
Total current assets 1,357.5 1,626.6
Property and equipment:    
Property and equipment 138.9 138.1
Accumulated depreciation (112.4) (113.5)
Net property and equipment 26.5 24.6
Operating lease right-of-use assets 55.2 47.1
Deferred taxes 308.4 321.1
Retirement plan assets 259.2 230.3
Goodwill 374.0 151.1
Intangibles, net 264.3 137.7
Other assets 43.8 43.1
Total noncurrent assets 1,331.4 955.0
Total Assets 2,688.9 2,581.6
Current Liabilities    
Short-term borrowings 0.2 0.0
Accounts payable and accrued liabilities 604.7 646.1
Operating lease liabilities 11.9 8.4
Accrued payroll and related taxes 184.5 156.2
Accrued workers’ compensation and other claims 18.1 22.1
Income and other taxes 21.6 17.2
Liabilities held for sale 0.0 169.9
Total current liabilities 841.0 1,019.9
Noncurrent Liabilities    
Long-term debt 228.2 0.0
Operating lease liabilities 51.8 42.9
Accrued workers’ compensation and other claims 33.7 40.9
Accrued retirement benefits 243.3 217.4
Other long-term liabilities 9.0 6.8
Total noncurrent liabilities 566.0 308.0
Commitments and contingencies (see Contingencies footnote)
Treasury stock, at cost    
Paid-in capital 32.0 30.6
Earnings invested in the business 1,264.7 1,241.7
Accumulated other comprehensive income (loss) (1.3) 0.2
Total stockholders’ equity 1,281.9 1,253.7
Total Liabilities and Stockholders’ Equity 2,688.9 2,581.6
Class A Common Stock    
Capital stock, $1.00 par value    
Common stock, value 35.2 35.2
Treasury stock, at cost    
Treasury stock, value (51.4) (56.7)
Class B Common Stock    
Capital stock, $1.00 par value    
Common stock, value 3.3 3.3
Treasury stock, at cost    
Treasury stock, value $ (0.6) $ (0.6)