XML 16 R5.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Current assets:      
Cash and cash equivalents $ 241.5 $ 210.4 $ 238.2
Accounts receivable, net 3,122.3 2,388.8 2,973.4
Inventories 2,276.3 2,288.1 2,267.4
Other current assets 506.0 513.5 495.3
Total current assets 6,146.1 5,400.8 5,974.3
Property, plant and equipment, net 3,913.2 3,533.2 3,344.7
Goodwill 7,794.1 7,580.1 7,657.0
Intangible assets 3,466.2 3,533.2 3,656.9
Operating lease right-of-use assets 1,989.5 1,953.8 1,890.0
Other assets 2,897.3 1,631.5 1,445.4
Total Assets 26,206.4 23,632.6 23,968.3
Current liabilities:      
Short-term borrowings 1,846.9 662.4 915.5
Accounts payable 2,441.6 2,253.2 2,537.7
Compensation and taxes withheld 709.4 842.8 726.0
Accrued taxes 254.6 174.3 214.5
Current portion of long-term debt 350.5 1,049.2 1,048.9
Current portion of operating lease liabilities 479.8 466.6 462.8
Other accruals 1,390.7 1,360.2 1,312.7
Total current liabilities 7,473.5 6,808.7 7,218.1
Long-term debt 9,318.1 8,176.8 8,175.3
Postretirement benefits other than pensions 120.7 120.7 133.2
Deferred income taxes 657.2 607.5 631.7
Long-term operating lease liabilities 1,582.3 1,558.3 1,496.5
Other long-term liabilities 2,629.3 2,309.4 2,157.4
Shareholders’ equity:      
Common stock - $0.33-1/3 par value: 0.0 million, 251.3 million and 251.9 million shares outstanding at September 30, 2025, December 31, 2024 and September 30, 2024, respectively 92.9 92.5 92.4
Other capital 4,727.7 4,576.2 4,471.4
Retained earnings 8,744.0 7,246.3 6,946.0
Treasury stock, at cost (8,549.2) (6,988.6) (6,677.5)
Accumulated other comprehensive loss (590.1) (875.2) (676.2)
Total shareholders’ equity 4,425.3 4,051.2 4,156.1
Total Liabilities and Shareholders’ Equity $ 26,206.4 $ 23,632.6 $ 23,968.3