XML 60 R49.htm IDEA: XBRL DOCUMENT v3.7.0.1
Financial Information for Subsidiary and Guarantor Parent (B.S.) (Details) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
ASSETS        
Cash and cash equivalents $ 159.8 $ 229.6 $ 156.9 $ 149.8
Accounts receivable, net 504.6 452.1    
Intercompany notes receivable 0.0 0.0    
Inventories, net 1,051.9 1,037.0    
Prepaid expenses and other current assets 46.3 47.8    
Total current assets 1,762.6 1,766.5    
Property, plant and equipment, net 2,495.8 2,498.9    
Goodwill 642.6 641.9    
Intercompany notes receivable 0.0 0.0    
Investment in subsidiaries 0.0 0.0    
Other assets 253.4 262.7    
Total assets 5,154.4 5,170.0    
LIABILITIES AND EQUITY        
Accounts payable 346.4 294.3    
Accrued liabilities 276.4 309.3    
Intercompany notes payable 0.0 0.0    
Short-term debt and current portion of long-term debt 172.8 105.1    
Total current liabilities 795.6 708.7    
Long-term debt 1,772.5 1,771.9    
Intercompany notes payable 0.0 0.0    
Accrued postretirement benefits 313.2 317.7    
Pension liabilities 687.8 827.9    
Deferred income taxes 13.0 15.6    
Other long-term liabilities 82.9 83.4    
Total liabilities 3,665.0 3,725.2    
Total stockholders’ equity 1,489.4 1,444.8 $ 2,098.4 $ 2,184.4
Total Liabilities and Equity 5,154.4 5,170.0    
Reportable Legal Entities | Parent Company        
ASSETS        
Cash and cash equivalents 2.3 2.3    
Accounts receivable, net 0.3 0.1    
Intercompany notes receivable 0.0 0.0    
Inventories, net 0.0 0.0    
Prepaid expenses and other current assets 4.9 6.6    
Total current assets 7.5 9.0    
Property, plant and equipment, net 1.2 1.3    
Goodwill 0.0 0.0    
Intercompany notes receivable 0.0 0.0    
Investment in subsidiaries 5,381.7 5,241.2    
Other assets 24.9 23.0    
Total assets 5,415.3 5,274.5    
LIABILITIES AND EQUITY        
Accounts payable 2.8 3.1    
Accrued liabilities 38.9 54.6    
Intercompany notes payable 1,594.2 1,341.1    
Short-term debt and current portion of long-term debt 0.4 0.4    
Total current liabilities 1,636.3 1,399.2    
Long-term debt 1,622.4 1,621.7    
Intercompany notes payable 0.0 0.0    
Accrued postretirement benefits 0.0 0.0    
Pension liabilities 639.2 778.5    
Deferred income taxes 13.0 15.6    
Other long-term liabilities 15.0 14.7    
Total liabilities 3,925.9 3,829.7    
Total stockholders’ equity 1,489.4 1,444.8    
Total Liabilities and Equity 5,415.3 5,274.5    
Reportable Legal Entities | Subsidiary        
ASSETS        
Cash and cash equivalents 7.8 2.5    
Accounts receivable, net 125.6 107.8    
Intercompany notes receivable 0.0 0.0    
Inventories, net 137.1 106.7    
Prepaid expenses and other current assets 6.9 5.2    
Total current assets 277.4 222.2    
Property, plant and equipment, net 1,586.6 1,583.6    
Goodwill 0.0 0.0    
Intercompany notes receivable 0.0 0.0    
Investment in subsidiaries 37.7 37.7    
Other assets 19.4 25.5    
Total assets 1,921.1 1,869.0    
LIABILITIES AND EQUITY        
Accounts payable 157.6 97.4    
Accrued liabilities 81.4 83.3    
Intercompany notes payable 1,556.8 1,551.8    
Short-term debt and current portion of long-term debt 0.3 0.3    
Total current liabilities 1,796.1 1,732.8    
Long-term debt 149.9 150.0    
Intercompany notes payable 200.0 200.0    
Accrued postretirement benefits 241.1 244.0    
Pension liabilities 5.1 5.2    
Deferred income taxes 0.0 0.0    
Other long-term liabilities 19.1 18.1    
Total liabilities 2,411.3 2,350.1    
Total stockholders’ equity (490.2) (481.1)    
Total Liabilities and Equity 1,921.1 1,869.0    
Reportable Legal Entities | NonGuarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 149.7 224.8    
Accounts receivable, net 378.7 344.2    
Intercompany notes receivable 3,151.0 2,892.9    
Inventories, net 914.8 930.3    
Prepaid expenses and other current assets 34.5 36.0    
Total current assets 4,628.7 4,428.2    
Property, plant and equipment, net 908.0 914.0    
Goodwill 642.6 641.9    
Intercompany notes receivable 200.0 200.0    
Investment in subsidiaries 0.0 0.0    
Other assets 209.1 214.2    
Total assets 6,588.4 6,398.3    
LIABILITIES AND EQUITY        
Accounts payable 186.0 193.8    
Accrued liabilities 156.1 171.4    
Intercompany notes payable 0.0 0.0    
Short-term debt and current portion of long-term debt 172.1 104.4    
Total current liabilities 514.2 469.6    
Long-term debt 0.2 0.2    
Intercompany notes payable 0.0 0.0    
Accrued postretirement benefits 72.1 73.7    
Pension liabilities 43.5 44.2    
Deferred income taxes 0.0 0.0    
Other long-term liabilities 48.8 50.6    
Total liabilities 678.8 638.3    
Total stockholders’ equity 5,909.6 5,760.0    
Total Liabilities and Equity 6,588.4 6,398.3    
Eliminations        
ASSETS        
Cash and cash equivalents 0.0 0.0    
Accounts receivable, net 0.0 0.0    
Intercompany notes receivable (3,151.0) (2,892.9)    
Inventories, net 0.0 0.0    
Prepaid expenses and other current assets 0.0 0.0    
Total current assets (3,151.0) (2,892.9)    
Property, plant and equipment, net 0.0 0.0    
Goodwill 0.0 0.0    
Intercompany notes receivable (200.0) (200.0)    
Investment in subsidiaries (5,419.4) (5,278.9)    
Other assets 0.0 0.0    
Total assets (8,770.4) (8,371.8)    
LIABILITIES AND EQUITY        
Accounts payable 0.0 0.0    
Accrued liabilities 0.0 0.0    
Intercompany notes payable (3,151.0) (2,892.9)    
Short-term debt and current portion of long-term debt 0.0 0.0    
Total current liabilities (3,151.0) (2,892.9)    
Long-term debt 0.0 0.0    
Intercompany notes payable (200.0) (200.0)    
Accrued postretirement benefits 0.0 0.0    
Pension liabilities 0.0 0.0    
Deferred income taxes 0.0 0.0    
Other long-term liabilities 0.0 0.0    
Total liabilities (3,351.0) (3,092.9)    
Total stockholders’ equity (5,419.4) (5,278.9)    
Total Liabilities and Equity $ (8,770.4) $ (8,371.8)