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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Assets:    
Cash and cash equivalents $ 1,298.4 $ 1,164.8
Accounts receivable, net of allowances of $145.5 in 2015, $119.7 in 2014 1,310.4 1,277.9
Inventories 1,783.2 1,504.7
Deferred taxes on income   166.2
Prepaid expenses and other current assets 262.3 204.4
Total current assets 4,654.3 4,318.0
Property, plant and equipment, net 1,074.4 849.9
Goodwill 4,260.4 2,880.2
Intangibles, net 4,094.6 2,598.5
Other assets 209.4 152.7
Total assets 14,293.1 10,799.3
Liabilities:    
Short-term debt and current portion of long-term debt 593.5 594.9
Accounts payable 813.2 809.9
Accrued salaries, wages and employee benefits 206.4 195.1
Other current liabilities 662.2 477.3
Total current liabilities 2,275.3 2,077.2
Long-term debt 5,787.5 4,464.0
Deferred taxes on income 1,603.5 1,222.1
Other non-current liabilities 574.5 426.7
Total liabilities $ 10,240.8 $ 8,190.0
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, 2015 and 2014)
Common stock ($0.01 par value, 500 and 300 shares authorized at December 31, 2015 and December 31, 2014, respectively, 261.7 and 233.3 shares issued at December 31, 2015 and December 31, 2014, respectively) $ 2.6 $ 2.3
Additional paid-in capital 4,094.2 2,515.5
Retained earnings 1,431.2 1,284.7
Accumulated other comprehensive income (loss) (362.1) (180.7)
Less: Treasury stock (41.9 and 41.3 shares, at cost, at December 31, 2015 and 2014, respectively) (1,113.6) (1,012.5)
Total stockholders' equity 4,052.3 2,609.3
Total liabilities and stockholders' equity $ 14,293.1 $ 10,799.3