XML 92 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Assets:    
Cash and cash equivalents $ 1,164.8us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,128.5us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net of allowances of $119.7 in 2014, $97.0 in 2013 1,277.9us-gaap_AccountsReceivableNetCurrent 1,196.1us-gaap_AccountsReceivableNetCurrent
Inventories 1,504.7us-gaap_InventoryNet 1,411.9us-gaap_InventoryNet
Deferred taxes on income 166.2us-gaap_DeferredTaxAssetsNetCurrent 185.7us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other current assets 204.4us-gaap_PrepaidExpenseAndOtherAssetsCurrent 161.3us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 4,318.0us-gaap_AssetsCurrent 4,083.5us-gaap_AssetsCurrent
Property, plant and equipment, net 849.9us-gaap_PropertyPlantAndEquipmentNet 852.6us-gaap_PropertyPlantAndEquipmentNet
Goodwill 2,880.2us-gaap_Goodwill 2,620.3us-gaap_Goodwill
Intangibles, net 2,598.5us-gaap_IntangibleAssetsNetExcludingGoodwill 2,393.0us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 152.7us-gaap_OtherAssetsNoncurrent 146.7us-gaap_OtherAssetsNoncurrent
Total assets 10,799.3us-gaap_Assets 10,096.1us-gaap_Assets
Liabilities:    
Short-term debt and current portion of long-term debt 594.9us-gaap_DebtCurrent 655.1us-gaap_DebtCurrent
Accounts payable 809.9us-gaap_AccountsPayableCurrent 664.2us-gaap_AccountsPayableCurrent
Accrued salaries, wages and employee benefits 195.1us-gaap_EmployeeRelatedLiabilitiesCurrent 192.6us-gaap_EmployeeRelatedLiabilitiesCurrent
Other current liabilities 477.3us-gaap_OtherLiabilitiesCurrent 527.5us-gaap_OtherLiabilitiesCurrent
Total current liabilities 2,077.2us-gaap_LiabilitiesCurrent 2,039.4us-gaap_LiabilitiesCurrent
Long-term debt 4,464.0us-gaap_LongTermDebtNoncurrent 4,087.3us-gaap_LongTermDebtNoncurrent
Deferred taxes on income 1,222.1us-gaap_DeferredTaxLiabilitiesNoncurrent 1,065.3us-gaap_DeferredTaxLiabilitiesNoncurrent
Other non-current liabilities 426.7us-gaap_OtherLiabilitiesNoncurrent 354.4us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 8,190.0us-gaap_Liabilities 7,546.4us-gaap_Liabilities
Commitments and contingencies (see Note 11)      
Stockholders' equity:    
Preferred stock ($0.01 par value, 5.0 shares authorized, no shares issued and outstanding at December 31, 2014 and 2013)      
Common stock ($0.01 par value, 300 shares authorized at December 31, 2014 and December 31, 2013, 233.3 shares issued at December 31, 2014 and 2013, respectively) 2.3us-gaap_CommonStockValue 2.3us-gaap_CommonStockValue
Additional paid-in capital 2,515.5us-gaap_AdditionalPaidInCapital 2,380.9us-gaap_AdditionalPaidInCapital
Retained earnings 1,284.7us-gaap_RetainedEarningsAccumulatedDeficit 1,042.2us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income (loss) (180.7)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (58.6)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Less: Treasury stock (41.3 and 39.9 shares, at cost, at December 31, 2014 and 2013, respectively) (1,012.5)us-gaap_TreasuryStockValue (817.1)us-gaap_TreasuryStockValue
Total stockholders' equity 2,609.3us-gaap_StockholdersEquity 2,549.7us-gaap_StockholdersEquity
Total liabilities and stockholders' equity $ 10,799.3us-gaap_LiabilitiesAndStockholdersEquity $ 10,096.1us-gaap_LiabilitiesAndStockholdersEquity