Supplemental Balance Sheet Information

12 Months Ended

Dec. 31, 2015

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

	December 31
In millions	2015		2014
Inventories
Raw materials and supplies	$	433.0	$	460.1
Work-in-process	249.2		229.0
Finished goods	492.1		441.3
Total inventories	$	1,174.3	$	1,130.4
Other current assets
Cost in excess of billings	$	114.4	$	103.5
Prepaid expenses	87.6		109.6
Deferred income taxes	96.7		139.4
Other current assets	13.6		14.3
Total other current assets	$	312.3	$	366.8
Property, plant and equipment, net
Land and land improvements	$	161.9	$	165.1
Buildings and leasehold improvements	518.8		493.5
Machinery and equipment	1,287.6		1,169.1
Construction in progress	79.3		71.0
Total property, plant and equipment	2,047.6		1,898.7
Accumulated depreciation and amortization	1,104.8		948.7
Total property, plant and equipment, net	$	942.8	$	950.0
Other non-current assets
Asbestos-related insurance receivable	$	111.0	$	115.8
Deferred income taxes	62.8		87.9
Other non-current assets	214.3		232.5
Total other non-current assets	$	388.1	$	436.2
Other current liabilities
Deferred revenue and customer deposits	$	94.6	$	112.7
Dividends payable	59.6		116.8
Billings in excess of cost	32.0		41.4
Accrued warranty	59.8		66.4
Other current liabilities	398.1		371.8
Total other current liabilities	$	644.1	$	709.1
Other non-current liabilities
Asbestos-related liabilities	$	237.9	$	249.1
Taxes payable	71.1		61.6
Other non-current liabilities	212.0		187.0
Total other non-current liabilities	$	521.0	$	497.7