XML 15 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Current assets:      
Cash and cash equivalents $ 259.9 $ 189.7 $ 194.5
Receivables, net 963.7 770.9 802.9
Income taxes receivable 13.4 15.1 19.9
Inventories, net 679.5 674.7 667.5
Other current assets 96.5 66.7 54.5
Total current assets 2,013.0 1,717.1 1,739.3
Property, plant and equipment (less accumulated depreciation of $3,804.4, $3,719.8 and $3,373.8) 3,073.4 3,171.0 3,282.7
Operating lease assets, net 383.6 360.7 366.5
Deferred income taxes 11.1 11.2 39.6
Other assets 1,171.0 1,191.3 1,205.3
Intangible assets, net 381.0 399.4 431.4
Goodwill 1,420.1 1,420.2 2,119.6
Total assets 8,453.2 8,270.9 9,184.4
Current liabilities:      
Current installments of long-term debt 42.1 26.3 2.0
Accounts payable 716.6 729.2 668.1
Income taxes payable 13.4 10.7 7.4
Current operating lease liabilities 78.7 74.7 76.6
Accrued liabilities 367.4 358.0 811.8
Total current liabilities 1,218.2 1,198.9 1,565.9
Long-term debt 3,706.0 3,837.5 3,489.5
Operating lease liabilities 310.5 291.6 295.0
Accrued pension liability 699.8 733.3 778.0
Deferred income taxes 492.3 443.2 449.9
Other liabilities 329.8 315.6 317.0
Total liabilities 6,756.6 6,820.1 6,895.3
Commitments and contingencies
Shareholders’ equity:      
Common stock, $1.00 par value per share:  authorized, 240.0 shares; issued and outstanding, 159.2, 158.0 and 157.8 shares 159.2 158.0 157.8
Additional paid-in capital 2,164.3 2,137.8 2,122.8
Accumulated other comprehensive loss (683.7) (689.9) (821.1)
Retained earnings (accumulated deficit) 56.8 (155.1) 829.6
Total shareholders’ equity 1,696.6 1,450.8 2,289.1
Total liabilities and shareholders’ equity $ 8,453.2 $ 8,270.9 $ 9,184.4