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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 709.2 $ 714.1
Short-term investments (Note 6) 253.8 242.4
Accounts and other receivables, net of allowances of $8.6 and $8.9, respectively 578.0 537.3
Inventories (Note 2) 630.9 607.0
Prepaid expenses 55.4 54.3
Other current assets 141.5 131.8
Total current assets 2,368.8 2,286.9
Long-term investments (Note 6) 453.7 506.3
Property, plant, and equipment, net 892.2 867.5
Operating lease right-of-use assets (Note 4) 69.9  
Goodwill 1,103.4 1,112.2
Other intangible assets, net 341.3 343.2
Deferred income taxes 164.5 174.0
Other assets 75.5 33.6
Total assets 5,469.3 5,323.7
Current liabilities    
Accounts payable and accrued liabilities (Note 2) 623.9 876.6
Operating lease liabilities (Note 4) 22.6  
Total current liabilities 646.5 876.6
Long-term debt 593.9 593.8
Contingent consideration liabilities (Note 8) 185.3 178.6
Taxes payable 259.4 259.4
Operating lease liabilities (Note 4) 49.7  
Uncertain tax positions 130.3 124.9
Other long-term liabilities 156.7 150.0
Commitments and contingencies (Note 11)
Stockholders' equity    
Preferred stock, $.01 par value, authorized 50.0 shares, no shares outstanding 0.0 0.0
Common stock, $1.00 par value, 350.0 shares authorized, 216.0 and 215.2 shares issued, and 208.4 and 207.7 shares outstanding, respectively 216.0 215.2
Additional paid-in capital 1,449.4 1,384.4
Retained earnings 2,944.4 2,694.7
Accumulated other comprehensive loss (Note 12) (141.2) (138.5)
Treasury stock, at cost, 7.6 and 7.5 shares, respectively (1,021.1) (1,015.4)
Total stockholders' equity 3,447.5 3,140.4
Total liabilities and stockholders' equity $ 5,469.3 $ 5,323.7