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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 238.5 $ 191.9
Accounts receivable less allowances for discounts, doubtful accounts and returns 502.6 458.9
Inventories 555.6 462.2
Other current assets 122.0 122.8
Current assets of discontinued operations   63.3
TOTAL CURRENT ASSETS 1,418.7 1,299.1
Property, plant and equipment, net of accumulated depreciation [1] 627.9 539.8
Goodwill [2] 1,755.3 1,467.8
Other intangible assets, net of accumulated amortization 996.7 656.5
Other assets 80.0 72.4
Non-current assets of discontinued operations   17.3
TOTAL ASSETS 4,878.6 4,052.9
Current liabilities    
Notes payable to banks 0.8  
Current portion of long-term debt 0.0 26.3
Accounts payable 344.2 333.8
Other current liabilities 412.9 322.0
Current liabilities of discontinued operations   17.5
TOTAL CURRENT LIABILITIES 757.9 699.6
Long-term debt 1,171.6 643.7
Deferred income taxes 201.7 150.6
Accrued defined benefit plans 218.4 216.9
Other non-current liabilities 75.2 75.6
Non-current liabilities of discontinued operations   3.4
TOTAL LIABILITIES $ 2,424.8 $ 1,789.8
Commitments (Note 17) and Contingencies (Note 22)
Equity    
Common stock [3] $ 1.7 $ 1.7
Paid-in capital 2,602.2 2,517.3
Accumulated other comprehensive loss (52.5) (6.7)
Retained earnings 501.6 279.5
Treasury stock (602.1) (532.3)
TOTAL FORTUNE BRANDS EQUITY 2,450.9 2,259.5
Noncontrolling interests 2.9 3.6
TOTAL EQUITY 2,453.8 2,263.1
TOTAL LIABILITIES AND EQUITY $ 4,878.6 $ 4,052.9
[1] Purchases of property, plant and equipment not yet paid for as of December 31, 2015, 2014 and 2013 were $16.1 million, $4.2 million and $0.2 million, respectively.
[2] Net of accumulated impairment losses of $399.5 million in the Doors segment.
[3] Common stock, par value $0.01 per share, 175.2 million shares and 172.0 million shares issued at December 31, 2015 and 2014, respectively.