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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 302.3 $ 320.3
Restricted cash 0.8 0.8
Accounts receivable, less allowances (2021 – $16.8 million; 2020 – $16.5 million) 712.3 581.1
Unbilled receivables 113.3 110.9
Inventories, net 864.8 841.3
Deferred charges and prepaid expenses 40.3 39.9
Other current assets 109.8 106.0
Total Current Assets 2,143.6 2,000.3
Property, Plant and Equipment, net 1,020.6 1,035.6
Other Assets    
Goodwill 1,028.4 1,047.6
Other intangible assets 712.6 741.4
Operating lease assets 113.1 118.2
Non-current pension assets 0.1 2.0
Deferred income taxes 69.8 77.0
Other non-current assets 18.0 19.5
Total Other Assets 1,942.0 2,005.7
Assets, Total 5,106.2 5,041.6
Current Liabilities    
Short-term debt 167.5 119.8
Current portion of long-term debt 10.8 10.9
Short-term operating lease liabilities 26.2 27.2
Accounts payable, trade 362.6 351.4
Salaries, wages and benefits 120.2 135.7
Income taxes payable 24.9 16.1
Other current liabilities 204.6 186.9
Total Current Liabilities 916.8 848.0
Non-Current Liabilities    
Long-term debt 1,423.7 1,433.9
Accrued pension benefits 157.4 163.0
Accrued postretirement benefits 52.1 41.3
Long-term operating lease liabilities 70.9 75.5
Deferred income taxes 138.3 148.7
Other non-current liabilities 96.9 106.0
Total Non-Current Liabilities 1,939.3 1,968.4
Shareholders' Equity    
Class I and II Serial Preferred Stock, without par value: Authorized – 10,000,000 shares each class, none issued 0.0 0.0
Stated capital 40.7 40.7
Other paid-in capital 761.3 740.7
Retained earnings 1,429.0 1,339.5
Accumulated other comprehensive (loss) income (2.1) 41.3
Treasury shares at cost (2021 – 746,378 shares; 2020 – 158,836 shares) 53.4 9.3
Total Shareholders’ Equity 2,175.5 2,152.9
Noncontrolling Interest 74.6 72.3
Total Equity 2,250.1 2,225.2
Total Liabilities and Equity $ 5,106.2 $ 5,041.6