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Balance Sheet Information (Tables)
12 Months Ended
Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Supplemental Information on Balance Sheets

Supplemental information on our year-end consolidated balance sheets is as follows:

 

(In millions)

 

2019

 

 

 

2018

 

Inventories:

 

 

 

 

 

 

 

 

 

Raw materials and supplies

 

$

274.4

 

 

 

$

227.4

 

Work in process

 

 

72.2

 

 

 

 

66.4

 

Finished products

 

 

372.0

 

 

 

 

385.1

 

Total inventories

 

$

718.6

 

 

 

$

678.9

 

Property, plant and equipment:

 

 

 

 

 

 

 

 

 

Land and improvements

 

$

66.3

 

 

 

$

66.8

 

Buildings and improvements to leaseholds

 

 

510.2

 

 

 

 

500.1

 

Machinery and equipment

 

 

1,316.2

 

 

 

 

1,249.0

 

Construction in progress

 

 

89.8

 

 

 

 

95.8

 

Property, plant and equipment, gross

 

 

1,982.5

 

 

 

 

1,911.7

 

Less: accumulated depreciation

 

 

1,158.3

 

 

 

 

1,098.3

 

Property, plant and equipment, net of accumulated depreciation

 

$

824.2

 

 

 

$

813.4

 

Other current liabilities:

 

 

 

 

 

 

 

 

 

Accrued salaries, wages and other compensation

 

$

109.7

 

 

 

$

85.9

 

Accrued customer programs

 

 

179.5

 

 

 

 

167.8

 

Accrued taxes

 

 

39.3

 

 

 

 

57.7

 

Dividends payable

 

 

33.5

 

 

 

 

30.9

 

Other accrued expenses

 

 

187.6

 

 

 

 

165.8

 

Total other current liabilities

 

$

549.6

 

 

 

$

508.1