XML 23 R2.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 194.0 $ 180.5
Receivables, net 924.6 1,106.5
Income taxes receivable 43.2 0.3
Inventories, net 941.9 868.3
Other current assets 52.7 92.7
Total current assets 2,156.4 2,248.3
Property, plant and equipment, net 2,674.1 2,913.6
Operating lease assets, net 356.0 372.4
Deferred income taxes 60.5 99.3
Other assets 1,102.5 1,131.8
Intangible assets, net 273.8 331.7
Goodwill 1,420.9 1,420.6
Total assets 8,044.2 8,517.7
Current liabilities:    
Current installments of long-term debt 9.7 201.1
Accounts payable 837.7 847.7
Income taxes payable 133.4 98.4
Current operating lease liabilities 71.8 76.8
Accrued liabilities 508.8 458.1
Total current liabilities 1,561.4 1,682.1
Long-term debt 2,571.0 2,578.2
Operating lease liabilities 292.5 302.0
Accrued pension liability 234.5 381.9
Deferred income taxes 507.3 558.9
Other liabilities 333.9 362.4
Total liabilities 5,500.6 5,865.5
Commitments and contingencies
Shareholders’ equity:    
Common stock, $1.00 par value per share: Authorized, 240.0 shares; issued and outstanding 132.3 and 156.8 shares 132.3 156.8
Additional paid-in capital 682.7 1,969.6
Accumulated other comprehensive loss (495.9) (488.0)
Retained earnings 2,224.5 1,013.8
Total shareholders’ equity 2,543.6 2,652.2
Total liabilities and shareholders’ equity $ 8,044.2 $ 8,517.7