Supplemental Balance Sheet Information

3 Months Ended

Mar. 28, 2015

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	March 28, 2015		December 31, 2014
Inventories
Raw materials and supplies	$	447.6	$	460.1
Work-in-process	244.5		229.0
Finished goods	484.9		441.3
Total inventories	$	1,177.0	$	1,130.4
Other current assets
Cost in excess of billings	$	108.9	$	103.5
Prepaid expenses	149.6		109.6
Deferred income taxes	132.3		139.4
Other current assets	21.7		14.3
Total other current assets	$	412.5	$	366.8
Property, plant and equipment, net
Land and land improvements	$	157.3	$	165.1
Buildings and leasehold improvements	476.1		493.5
Machinery and equipment	1,164.0		1,169.1
Construction in progress	69.4		71.0
Total property, plant and equipment	1,866.8		1,898.7
Accumulated depreciation and amortization	951.4		948.7
Total property, plant and equipment, net	$	915.4	$	950.0
Other non-current assets
Asbestos-related insurance receivable	$	112.9	$	115.8
Deferred income taxes	87.3		87.9
Other non-current assets	220.1		232.5
Total other non-current assets	$	420.3	$	436.2
Other current liabilities
Deferred revenue and customer deposits	$	124.9	$	112.7
Dividends payable	57.5		116.8
Billings in excess of cost	36.9		41.4
Accrued warranty	65.2		66.4
Other current liabilities	369.7		371.8
Total other current liabilities	$	654.2	$	709.1
Other non-current liabilities
Asbestos-related liabilities	$	247.5	$	249.1
Taxes payable	61.0		61.6
Other non-current liabilities	181.9		187.0
Total other non-current liabilities	$	490.4	$	497.7