Supplemental Balance Sheet Information

3 Months Ended

Mar. 31, 2016

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	March 31, 2016		December 31, 2015
Inventories
Raw materials and supplies	$	461.9	$	433.0
Work-in-process	244.5		249.2
Finished goods	491.3		492.1
Total inventories	$	1,197.7	$	1,174.3
Other current assets
Cost in excess of billings	$	122.2	$	114.4
Prepaid expenses	128.1		84.6
Deferred income taxes	114.6		96.7
Other current assets	16.5		13.6
Total other current assets	$	381.4	$	309.3
Property, plant and equipment, net
Land and land improvements	$	160.7	$	161.9
Buildings and leasehold improvements	511.3		518.8
Machinery and equipment	1,235.0		1,287.6
Construction in progress	88.6		79.3
Total property, plant and equipment	1,995.6		2,047.6
Accumulated depreciation and amortization	1,043.8		1,104.8
Total property, plant and equipment, net	$	951.8	$	942.8
Other non-current assets
Asbestos-related insurance receivable	$	110.3	$	111.0
Deferred income taxes	63.8		62.8
Other non-current assets	187.4		193.8
Total other non-current assets	$	361.5	$	367.6
Other current liabilities
Deferred revenue and customer deposits	$	90.6	$	94.6
Dividends payable	59.6		59.6
Billings in excess of cost	30.7		32.0
Accrued warranty	59.5		59.8
Other current liabilities	424.9		398.1
Total other current liabilities	$	665.3	$	644.1
Other non-current liabilities
Asbestos-related liabilities	$	235.4	$	237.9
Taxes payable	67.1		71.1
Other non-current liabilities	224.2		212.0
Total other non-current liabilities	$	526.7	$	521.0