Supplemental Balance Sheet Information

6 Months Ended

Jun. 30, 2016

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	June 30, 2016		December 31, 2015
Inventories
Raw materials and supplies	$	427.0	$	433.0
Work-in-process	236.7		249.2
Finished goods	469.5		492.1
Total inventories	$	1,133.2	$	1,174.3
Other current assets
Cost in excess of billings	$	135.9	$	114.4
Prepaid expenses	130.2		84.6
Deferred income taxes	118.1		96.7
Other current assets	15.9		13.6
Total other current assets	$	400.1	$	309.3
Property, plant and equipment, net
Land and land improvements	$	157.9	$	161.9
Buildings and leasehold improvements	520.5		518.8
Machinery and equipment	1,236.8		1,287.6
Construction in progress	80.2		79.3
Total property, plant and equipment	1,995.4		2,047.6
Accumulated depreciation and amortization	1,057.8		1,104.8
Total property, plant and equipment, net	$	937.6	$	942.8
Other non-current assets
Asbestos-related insurance receivable	$	109.0	$	111.0
Deferred income taxes	61.9		62.8
Other non-current assets	191.4		193.8
Total other non-current assets	$	362.3	$	367.6
Other current liabilities
Deferred revenue and customer deposits	$	77.5	$	94.6
Dividends payable	61.6		59.6
Accrued warranty	59.7		59.8
Billings in excess of cost	23.4		32.0
Other current liabilities	445.7		398.1
Total other current liabilities	$	667.9	$	644.1
Other non-current liabilities
Asbestos-related liabilities	$	233.0	$	237.9
Taxes payable	70.3		71.1
Other non-current liabilities	209.4		212.0
Total other non-current liabilities	$	512.7	$	521.0