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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and equivalents $ 87.2 $ 99.6
Accounts receivable, net 266.6 251.7
Inventories, net 165.6 145.7
Other current assets 39.6 30.6
Total current assets 559.0 527.6
Property, plant and equipment:    
Land 15.6 15.4
Buildings and leasehold improvements 119.7 117.3
Machinery and equipment 335.2 329.8
Property, plant and equipment, gross 470.5 462.5
Accumulated depreciation (281.7) (267.0)
Property, plant and equipment, net 188.8 195.5
Goodwill 345.4 340.4
Intangibles, net [1] 117.7 117.9
Other assets 675.0 680.5
Deferred income taxes 46.9 50.6
TOTAL ASSETS 1,932.8 1,912.5
Current liabilities:    
Accounts payable 143.3 137.6
Accrued expenses 284.3 304.3
Income taxes payable 1.4 1.7
Short-term debt 39.0 14.8
Current maturities of long-term debt 18.0 17.9
Total current liabilities 486.0 476.3
Long-term debt 311.0 323.5
Deferred and other income taxes 39.6 42.4
Other long-term liabilities 841.2 878.7
Total long-term liabilities 1,191.8 1,244.6
Commitments and contingent liabilities (Note 13)
Equity:    
Common stock (51,113,497 and 42,573,512 issued and outstanding at September 30, 2017, respectively, 50,754,779 and 41,940,089 issued and outstanding at December 31, 2016, respectively) 0.5 0.5
Paid-in capital 1,305.7 1,307.9
Retained deficit (800.9) (831.6)
Accumulated other comprehensive income 253.3 235.1
Common stock in treasury (8,539,985 and 8,814,690 shares at September 30, 2017 and December 31, 2016, respectively) (503.6) (520.3)
Total equity 255.0 191.6
TOTAL LIABILITIES AND EQUITY $ 1,932.8 $ 1,912.5
[1] Changes in the gross carrying values of “Other Intangibles, Net” during the nine months ended September 30, 2017 related to foreign currency translation.