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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 323.0 $ 251.5
Accounts receivable less allowances for discounts, doubtful accounts and returns 555.3 550.7
Inventories 580.8 531.1
Other current assets 142.6 111.9
TOTAL CURRENT ASSETS 1,601.7 1,445.2
Property, plant and equipment, net of accumulated depreciation 740.0 662.5
Goodwill [1] 1,912.0 1,833.8
Other intangible assets, net of accumulated amortization 1,162.4 1,107.0
Other assets 95.3 80.0
TOTAL ASSETS 5,511.4 5,128.5
Current liabilities    
Accounts payable 428.8 393.8
Other current liabilities 478.0 449.0
TOTAL CURRENT LIABILITIES 906.8 842.8
Long-term debt 1,507.6 1,431.1
Deferred income taxes 166.8 163.5
Accrued defined benefit plans 175.9 216.2
Other non-current liabilities 153.2 111.9
TOTAL LIABILITIES 2,910.3 2,765.5
Commitments (Note 17) and Contingencies (Note 22)
Equity    
Common stock [2] 1.7 1.7
Paid-in capital 2,724.9 2,653.8
Accumulated other comprehensive loss (39.2) (71.9)
Retained earnings 1,174.2 814.6
Treasury stock (1,262.1) (1,036.7)
TOTAL FORTUNE BRANDS EQUITY 2,599.5 2,361.5
Noncontrolling interests 1.6 1.5
TOTAL EQUITY 2,601.1 2,363.0
TOTAL LIABILITIES AND EQUITY $ 5,511.4 $ 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, 179.8 million shares and 177.7 million shares issued at December 31, 2017 and 2016, respectively.