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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 251.5 $ 238.5
Accounts receivable less allowances for discounts, doubtful accounts and returns 550.7 502.6
Inventories 531.1 555.6
Other current assets 111.9 121.3
TOTAL CURRENT ASSETS 1,445.2 1,418.0
Property, plant and equipment, net of accumulated depreciation [1] 662.5 627.9
Goodwill [2] 1,833.8 1,755.3
Other intangible assets, net of accumulated amortization 1,107.0 996.7
Other assets 80.0 77.8
TOTAL ASSETS 5,128.5 4,875.7
Current liabilities    
Notes payable to banks   0.8
Accounts payable 393.8 344.2
Other current liabilities 449.0 412.9
TOTAL CURRENT LIABILITIES 842.8 757.9
Long-term debt 1,431.1 1,168.7
Deferred income taxes 163.5 201.7
Accrued defined benefit plans 216.2 218.4
Other non-current liabilities 111.9 75.2
TOTAL LIABILITIES 2,765.5 2,421.9
Commitments (Note 17) and Contingencies (Note 22)
Equity    
Common stock [3] 1.7 1.7
Paid-in capital 2,653.8 2,602.2
Accumulated other comprehensive loss (71.9) (52.5)
Retained earnings 814.6 501.6
Treasury stock (1,036.7) (602.1)
TOTAL FORTUNE BRANDS EQUITY 2,361.5 2,450.9
Noncontrolling interests 1.5 2.9
TOTAL EQUITY 2,363.0 2,453.8
TOTAL LIABILITIES AND EQUITY $ 5,128.5 $ 4,875.7
[1] Purchases of property, plant and equipment not yet paid for as of December 31, 2016, 2015 and 2014 were $11.9 million, $20.0 million and $4.2 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, 177.7 million shares and 175.2 million shares issued at December 31, 2016 and 2015, respectively.