XML 25 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 1,174.2 $ 1,183.2
Short-term investments (Note 3) 156.4 219.4
Accounts receivable, net of allowances of $8.5 and $9.6, respectively 586.6 514.6
Other receivables 77.7 88.2
Inventories (Note 2) 767.9 802.3
Prepaid expenses 77.3 75.1
Other current assets 229.1 208.2
Total current assets 3,069.2 3,091.0
Long-term investments (Note 3) 802.2 801.6
Property, plant, and equipment, net 1,417.9 1,395.2
Operating lease right-of-use assets 88.5 94.2
Goodwill 1,170.8 1,173.2
Other intangible assets, net 330.3 331.4
Deferred income taxes 209.3 230.9
Other assets 125.5 119.6
Total assets 7,213.7 7,237.1
Current liabilities    
Accounts payable and accrued liabilities (Note 2) 772.5 866.7
Operating lease liabilities 26.5 27.2
Total current liabilities 799.0 893.9
Long-term debt 595.2 595.0
Contingent consideration liabilities (Note 4) 181.6 186.1
Taxes payable 215.3 215.3
Operating lease liabilities 67.1 72.7
Uncertain tax positions 224.2 214.4
Litigation settlement accrual 222.1 233.0
Other liabilities 250.8 252.4
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $0.01 par value, authorized 50.0 shares, no shares outstanding           0.0 0.0
Common stock, $1.00 par value, 1,050.0 shares authorized, 637.5 and 636.4 shares issued, and 621.8 and 624.3 shares outstanding, respectively 637.5 636.4
Additional paid-in capital 1,496.8 1,438.1
Retained earnings 4,903.2 4,565.0
Accumulated other comprehensive loss (Note 9) (172.4) (161.1)
Treasury stock, at cost, 15.7 and 12.1 shares, respectively (2,206.7) (1,904.1)
Total stockholders' equity 4,658.4 4,574.3
Total liabilities and stockholders' equity $ 7,213.7 $ 7,237.1