XML 13 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 252.7 $ 251.5
Accounts receivable, net 595.7 550.7
Inventories 581.4 531.1
Other current assets 123.3 111.9
Total current assets 1,553.1 1,445.2
Property, plant and equipment, net of accumulated depreciation 675.6 662.5
Goodwill [1] 1,832.1 1,833.8
Other intangible assets, net of accumulated amortization 1,093.2 1,107.0
Other assets 99.4 80.0
Total assets 5,253.4 5,128.5
Current liabilities    
Accounts payable 397.0 393.8
Other current liabilities 394.1 449.0
Total current liabilities 791.1 842.8
Long-term debt 1,391.9 1,431.1
Deferred income taxes 168.3 163.5
Accrued defined benefit plans 213.6 216.2
Other non-current liabilities 119.8 111.9
Total liabilities 2,684.7 2,765.5
Commitments and contingencies (see Note 17)
Fortune Brands stockholders' equity    
Common stock [2] 1.7 1.7
Paid-in capital 2,696.8 2,653.8
Accumulated other comprehensive loss (54.6) (71.9)
Retained earnings 1,002.0 814.6
Treasury stock (1,078.7) (1,036.7)
Total Fortune Brands stockholders' equity 2,567.2 2,361.5
Noncontrolling interests 1.5 1.5
Total equity 2,568.7 2,363.0
Total liabilities and equity $ 5,253.4 $ 5,128.5
[1] Net of accumulated impairment losses of $399.5 million in the Doors segment.
[2] Common stock, par value $0.01 per share: 179.5 million shares and 177.7 million shares issued at June 30, 2017 and December 31, 2016, respectively.