XML 90 R78.htm IDEA: XBRL DOCUMENT v3.20.2
SUPPLEMENTAL GUARANTOR FINANCIAL INFORMATION (Balance Sheet) (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Supplemental Guarantor Financial Information Balance Sheets [Line Items]            
Cash and cash equivalents $ 237.9   $ 220.9 $ 126.9   $ 178.8
Receivables, net 700.2   760.4 848.2    
Intercompany receivables 0.0   0.0 0.0    
Income taxes receivable 17.6   13.9 23.4    
Inventories, net 619.1   695.7 698.9    
Other current assets 42.0   23.1 28.8    
Total current assets 1,616.8   1,714.0 1,726.2    
Property, plant and equipment, net 3,234.9   3,323.8 3,410.5    
Operating lease assets, net 371.8   377.8 295.8    
Investment in subsidiaries 0.0   0.0 0.0    
Deferred income taxes 38.3   35.3 28.1    
Other assets 1,179.7   1,169.1 1,174.5    
Long-term receivables—affiliates 0.0   0.0 0.0    
Intangible assets, net 416.9   448.1 480.6    
Goodwill 2,119.7   2,119.7 2,119.6   2,119.6
Total assets 8,978.1   9,187.8 9,235.3    
Current installments of long-term debt 1.8   2.1 1.1    
Accounts payable 520.8   651.9 669.2    
Intercompany payables 0.0   0.0 0.0    
Income taxes payable 7.7   19.8 9.5    
Current operating lease liabilities 77.3   79.3 71.4    
Accrued liabilities 318.7   329.1 298.9    
Total current liabilities 926.3   1,082.2 1,050.1    
Long-term debt 4,073.9   3,338.7 3,232.6    
Operating lease liabilities 299.2   303.4 229.3    
Accrued pension liability 768.0   797.7 653.6    
Deferred income taxes 414.5   454.5 506.4    
Long-term payables—affiliates 0.0   0.0 0.0    
Other liabilities 307.3   793.8 792.5    
Total liabilities 6,789.2   6,770.3 6,464.5    
Commitments and contingencies      
Common stock 157.9   157.7 164.3    
Additional paid-in capital 2,127.0   2,122.1 2,229.2    
Accumulated other comprehensive loss (773.9)   (803.4) (660.4)   (651.0)
Retained earnings 677.9   941.1 1,037.7    
Total shareholders’ equity 2,188.9 $ 2,289.1 2,417.5 2,770.8 $ 2,837.6 2,832.2
Total liabilities and shareholders’ equity 8,978.1   9,187.8 9,235.3    
Parent Guarantor            
Supplemental Guarantor Financial Information Balance Sheets [Line Items]            
Cash and cash equivalents 56.9   11.6 3.7   92.0
Receivables, net 51.1   78.3 105.2    
Intercompany receivables 0.0   0.0 0.0    
Income taxes receivable 10.9   1.6 16.2    
Inventories, net 131.4   157.1 179.8    
Other current assets 259.8   231.4 225.9    
Total current assets 510.1   480.0 530.8    
Property, plant and equipment, net 705.5   699.0 687.3    
Operating lease assets, net 44.2   47.4 48.5    
Investment in subsidiaries 6,942.1   7,048.2 7,028.6    
Deferred income taxes 58.2   1.7 3.9    
Other assets 23.6   20.9 14.3    
Long-term receivables—affiliates 73.4   73.4 0.0    
Intangible assets, net 0.2   0.3 0.3    
Goodwill 0.0   0.0 0.0    
Total assets 8,357.3   8,370.9 8,313.7    
Current installments of long-term debt 1.8   2.1 1.1    
Accounts payable 0.0   0.0 15.9    
Intercompany payables 2,587.6   2,815.5 2,804.3    
Income taxes payable 0.0   11.5 0.0    
Current operating lease liabilities 8.4   8.2 8.2    
Accrued liabilities 188.8   183.7 176.9    
Total current liabilities 2,786.6   3,021.0 3,006.4    
Long-term debt 2,623.9   2,130.0 1,385.7    
Operating lease liabilities 37.0   40.4 41.3    
Accrued pension liability 463.2   496.9 414.6    
Deferred income taxes 0.0   0.0 0.0    
Long-term payables—affiliates 0.0   0.0 419.6    
Other liabilities 257.7   265.1 275.3    
Total liabilities 6,168.4   5,953.4 5,542.9    
Commitments and contingencies        
Common stock 157.9   157.7 164.3    
Additional paid-in capital 2,127.0   2,122.1 2,229.2    
Accumulated other comprehensive loss (773.9)   (803.4) (660.4)    
Retained earnings 677.9   941.1 1,037.7    
Total shareholders’ equity 2,188.9   2,417.5 2,770.8    
Total liabilities and shareholders’ equity 8,357.3   8,370.9 8,313.7    
Issuer            
Supplemental Guarantor Financial Information Balance Sheets [Line Items]            
Cash and cash equivalents 0.0   0.0 0.0   0.0
Receivables, net 0.0   0.0 0.0    
Intercompany receivables 0.0   0.0 0.0    
Income taxes receivable 0.0   0.0 0.0    
Inventories, net 0.0   0.0 0.0    
Other current assets 0.0   0.0 0.0    
Total current assets 0.0   0.0 0.0    
Property, plant and equipment, net 0.0   0.0 0.0    
Operating lease assets, net 0.0   0.0 0.0    
Investment in subsidiaries 4,262.9   4,353.5 4,330.9    
Deferred income taxes 0.0   0.0 0.0    
Other assets 0.0   0.0 0.0    
Long-term receivables—affiliates 560.2   605.8 1,141.7    
Intangible assets, net 0.0   0.0 0.0    
Goodwill 966.3   966.3 966.3    
Total assets 5,789.4   5,925.6 6,438.9    
Current installments of long-term debt 0.0   0.0 0.0    
Accounts payable 0.0   0.0 0.0    
Intercompany payables 0.0   0.0 0.0    
Income taxes payable 0.0   0.0 0.0    
Current operating lease liabilities 0.0   0.0 0.0    
Accrued liabilities 0.0   0.0 0.0    
Total current liabilities 0.0   0.0 0.0    
Long-term debt 1,209.7   1,208.7 1,696.9    
Operating lease liabilities 0.0   0.0 0.0    
Accrued pension liability 0.0   0.0 0.0    
Deferred income taxes 6.6   6.5 4.9    
Long-term payables—affiliates 0.0   0.0 0.0    
Other liabilities 5.6   5.6 5.5    
Total liabilities 1,221.9   1,220.8 1,707.3    
Commitments and contingencies        
Common stock 0.0   0.0 0.0    
Additional paid-in capital 4,125.7   4,125.7 4,125.7    
Accumulated other comprehensive loss 0.0   0.0 0.0    
Retained earnings 441.8   579.1 605.9    
Total shareholders’ equity 4,567.5   4,704.8 4,731.6    
Total liabilities and shareholders’ equity 5,789.4   5,925.6 6,438.9    
Subsidiary Non-Guarantor            
Supplemental Guarantor Financial Information Balance Sheets [Line Items]            
Cash and cash equivalents 181.0   209.3 123.2   86.8
Receivables, net 649.1   686.8 743.0    
Intercompany receivables 2,587.6   2,815.5 2,804.3    
Income taxes receivable 8.3   12.3 7.2    
Inventories, net 487.7   538.6 519.1    
Other current assets 1.0   0.2 0.8    
Total current assets 3,914.7   4,262.7 4,197.6    
Property, plant and equipment, net 2,529.4   2,624.8 2,723.2    
Operating lease assets, net 327.6   330.4 247.3    
Investment in subsidiaries 0.0   0.0 0.0    
Deferred income taxes 38.2   34.7 29.0    
Other assets 1,156.1   1,148.2 1,160.2    
Long-term receivables—affiliates 0.0   0.0 0.0    
Intangible assets, net 416.7   447.8 480.3    
Goodwill 1,153.4   1,153.4 1,153.3    
Total assets 9,536.1   10,002.0 9,990.9    
Current installments of long-term debt 0.0   0.0 0.0    
Accounts payable 526.3   660.6 658.6    
Intercompany payables 0.0   0.0 0.0    
Income taxes payable 9.3   8.3 9.5    
Current operating lease liabilities 68.9   71.1 63.2    
Accrued liabilities 345.4   350.8 317.1    
Total current liabilities 949.9   1,090.8 1,048.4    
Long-term debt 240.3   0.0 150.0    
Operating lease liabilities 262.2   263.0 188.0    
Accrued pension liability 304.8   300.8 239.0    
Deferred income taxes 466.0   449.2 506.3    
Long-term payables—affiliates 633.6   679.2 722.1    
Other liabilities 44.0   523.1 511.7    
Total liabilities 2,900.8   3,306.1 3,365.5    
Commitments and contingencies        
Common stock 14.6   14.6 14.6    
Additional paid-in capital 4,808.2   4,808.2 4,808.2    
Accumulated other comprehensive loss (7.5)   (6.5) (10.0)    
Retained earnings 1,820.0   1,879.6 1,812.6    
Total shareholders’ equity 6,635.3   6,695.9 6,625.4    
Total liabilities and shareholders’ equity 9,536.1   10,002.0 9,990.9    
Eliminations            
Supplemental Guarantor Financial Information Balance Sheets [Line Items]            
Cash and cash equivalents 0.0   0.0 0.0   $ 0.0
Receivables, net 0.0   (4.7) 0.0    
Intercompany receivables (2,587.6)   (2,815.5) (2,804.3)    
Income taxes receivable (1.6)   0.0 0.0    
Inventories, net 0.0   0.0 0.0    
Other current assets (218.8)   (208.5) (197.9)    
Total current assets (2,808.0)   (3,028.7) (3,002.2)    
Property, plant and equipment, net 0.0   0.0 0.0    
Operating lease assets, net 0.0   0.0 0.0    
Investment in subsidiaries (11,205.0)   (11,401.7) (11,359.5)    
Deferred income taxes (58.1)   (1.1) (4.8)    
Other assets 0.0   0.0 0.0    
Long-term receivables—affiliates (633.6)   (679.2) (1,141.7)    
Intangible assets, net 0.0   0.0 0.0    
Goodwill 0.0   0.0 0.0    
Total assets (14,704.7)   (15,110.7) (15,508.2)    
Current installments of long-term debt 0.0   0.0 0.0    
Accounts payable (5.5)   (8.7) (5.3)    
Intercompany payables (2,587.6)   (2,815.5) (2,804.3)    
Income taxes payable (1.6)   0.0 0.0    
Current operating lease liabilities 0.0   0.0 0.0    
Accrued liabilities (215.5)   (205.4) (195.1)    
Total current liabilities (2,810.2)   (3,029.6) (3,004.7)    
Long-term debt 0.0   0.0 0.0    
Operating lease liabilities 0.0   0.0 0.0    
Accrued pension liability 0.0   0.0 0.0    
Deferred income taxes (58.1)   (1.2) (4.8)    
Long-term payables—affiliates (633.6)   (679.2) (1,141.7)    
Other liabilities 0.0   0.0 0.0    
Total liabilities (3,501.9)   (3,710.0) (4,151.2)    
Commitments and contingencies        
Common stock (14.6)   (14.6) (14.6)    
Additional paid-in capital (8,933.9)   (8,933.9) (8,933.9)    
Accumulated other comprehensive loss 7.5   6.5 10.0    
Retained earnings (2,261.8)   (2,458.7) (2,418.5)    
Total shareholders’ equity (11,202.8)   (11,400.7) (11,357.0)    
Total liabilities and shareholders’ equity $ (14,704.7)   $ (15,110.7) $ (15,508.2)