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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 305.5 $ 320.3
Restricted cash 0.8 0.8
Accounts receivable, less allowances (2021 – $16.9 million; 2020 – $16.5 million) 704.4 581.1
Unbilled receivables 100.4 110.9
Inventories, net 919.5 841.3
Deferred charges and prepaid expenses 34.2 39.9
Other current assets 130.2 106.0
Total Current Assets 2,195.0 2,000.3
Property, Plant and Equipment, net 1,025.1 1,035.6
Other Assets    
Goodwill 1,034.8 1,047.6
Other intangible assets 704.2 741.4
Operating lease assets 115.3 118.2
Non-current pension assets 3.2 2.0
Deferred income taxes 70.9 77.0
Other non-current assets 17.7 19.5
Total Other Assets 1,946.1 2,005.7
Assets, Total 5,166.2 5,041.6
Current Liabilities    
Short-term debt 76.0 119.8
Current portion of long-term debt 11.1 10.9
Short-term operating lease liabilities 27.0 27.2
Accounts payable, trade 385.1 351.4
Salaries, wages and benefits 131.9 135.7
Income taxes payable 24.8 16.1
Other current liabilities 201.4 186.9
Total Current Liabilities 857.3 848.0
Non-Current Liabilities    
Long-term debt 1,424.3 1,433.9
Accrued pension benefits 160.6 163.0
Accrued postretirement benefits 51.4 41.3
Long-term operating lease liabilities 72.5 75.5
Deferred income taxes 135.0 148.7
Other non-current liabilities 97.8 106.0
Total Non-Current Liabilities 1,941.6 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 778.6 740.7
Retained earnings 1,510.9 1,339.5
Accumulated other comprehensive income 19.8 41.3
Treasury shares at cost (2021 – 810,992 shares; 2020 – 158,836 shares) 59.1 9.3
Total Shareholders’ Equity 2,290.9 2,152.9
Noncontrolling Interest 76.4 72.3
Total Equity 2,367.3 2,225.2
Total Liabilities and Equity $ 5,166.2 $ 5,041.6