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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Current assets:        
Cash and cash equivalents $ 220.9 $ 178.8 $ 218.4 $ 184.5
Receivables, net 760.4 776.3    
Income taxes receivable 13.9 5.9    
Inventories, net 695.7 711.4    
Other current assets 23.1 35.0    
Total current assets 1,714.0 1,707.4    
Property, plant and equipment, net 3,323.8 3,482.1    
Operating lease assets, net 377.8 0.0    
Deferred income taxes 35.3 26.3    
Other assets 1,169.1 1,150.4    
Intangible assets, net 448.1 511.6    
Goodwill 2,119.7 2,119.6 2,120.0  
Total assets 9,187.8 8,997.4    
Current liabilities:        
Current installments of long-term debt 2.1 125.9    
Accounts payable 651.9 636.5    
Income taxes payable 19.8 22.6    
Current operating lease liabilities 79.3 0.0    
Accrued liabilities 329.1 333.3    
Total current liabilities 1,082.2 1,118.3    
Long-term debt 3,338.7 3,104.4    
Operating lease liabilities 303.4 0.0    
Accrued pension liability 797.7 674.3    
Deferred income taxes 454.5 518.9    
Other liabilities 793.8 749.3    
Total liabilities 6,770.3 6,165.2    
Commitments and contingencies    
Shareholders' equity:        
Commons stock, $1.00 par value per share: Authorized, 240.0 shares; Issued and outstanding, 157.7 shares (165.3 in 2018) 157.7 165.3    
Additional paid-in capital 2,122.1 2,247.4    
Accumulated other comprehensive loss (803.4) (651.0) (484.6) (510.0)
Retained earnings 941.1 1,070.5    
Total shareholders' equity 2,417.5 2,832.2 $ 2,753.7 $ 2,273.0
Total liabilities and shareholders' equity $ 9,187.8 $ 8,997.4