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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 281.2 $ 262.9
Accounts receivable less allowances for discounts and doubtful accounts 650.1 571.7
Inventories 737.9 678.9
Other current assets 178.8 172.6
Total current assets 1,848.0 1,686.1
Property, plant and equipment, net of accumulated depreciation 806.3 813.4
Operating lease assets 174.8  
Goodwill [1] 2,084.0 2,080.3
Other intangible assets, net of accumulated amortization 1,239.7 1,246.8
Other assets 136.4 138.0
Total assets 6,289.2 5,964.6
Current liabilities    
Short-term debt 350.0 525.0
Accounts payable 442.0 459.0
Other current liabilities 446.8 508.1
Total current liabilities 1,238.8 1,492.1
Long-term debt 2,169.7 1,809.0
Deferred income taxes 161.7 162.6
Accrued defined benefit plans 162.9 163.3
Operating lease liabilities 149.0  
Other non-current liabilities 160.0 157.6
Total liabilities 4,042.1 3,784.6
Commitments and contingencies (see Note 18)
Equity    
Common stock [2] 1.8 1.8
Paid-in capital 2,776.0 2,766.0
Accumulated other comprehensive loss (67.3) (67.0)
Retained earnings 1,541.4 1,448.1
Treasury stock (2,006.4) (1,970.7)
Total Fortune Brands equity 2,245.5 2,178.2
Noncontrolling interests 1.6 1.8
Total equity 2,247.1 2,180.0
Total liabilities and equity $ 6,289.2 $ 5,964.6
[1] Net of accumulated impairment losses of $399.5 million in the Doors & Security segment.
[2] Common stock, par value $0.01 per share; 181.2 million shares and 180.6 million shares issued at March 31, 2019 and December 31, 2018, respectively.