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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 464.5 $ 387.9
Accounts receivable less allowances for discounts and doubtful accounts 765.2 624.8
Inventories 738.3 718.6
Other current assets 170.0 166.9
Total current assets 2,138.0 1,898.2
Property, plant and equipment, net of accumulated depreciation 791.7 824.2
Operating lease assets 166.9 165.6
Goodwill [1] 2,085.2 2,090.2
Other intangible assets, net of accumulated amortization 1,111.2 1,168.9
Other assets 226.0 144.2
Total assets 6,519.0 6,291.3
Current liabilities    
Short-term debt   399.7
Accounts payable 544.1 460.0
Other current liabilities 590.9 549.6
Total current liabilities 1,135.0 1,409.3
Long-term debt 2,086.5 1,784.6
Deferred income taxes 149.2 157.2
Accrued defined benefit plans 180.2 201.4
Operating lease liabilities 139.1 139.8
Other non-current liabilities 200.4 171.2
Total liabilities 3,890.4 3,863.5
Commitments and contingencies (see Note 17)
Equity    
Common stock [2] 1.8 1.8
Paid-in capital 2,903.3 2,813.8
Accumulated other comprehensive loss (91.5) (72.6)
Retained earnings 2,052.7 1,763.0
Treasury stock (2,237.7) (2,079.4)
Total Fortune Brands equity 2,628.6 2,426.6
Noncontrolling interests   1.2
Total equity 2,628.6 2,427.8
Total liabilities and equity $ 6,519.0 $ 6,291.3
[1] Net of accumulated impairment losses of $399.5 million in the Doors & Security segment.
[2] Common stock, par value $0.01 per share; 183.8 million shares and 181.9 million shares issued at September 30, 2020 and December 31, 2019, respectively.