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Financial Highlights

As Reported Financials

Source Document Currency Code (in millions) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 6/30/2017 USD 2017 Q2 YTD 6/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 6/30/2017 USD 2017 Q2 YTD 6/30/2017 USD

ASSETS

Current Assets

Cash and cash equivalents 384.6 278.8 129.6 148.8 445.1
Restricted cash 15.1 15.3 0.2 2.7 2.8
Accounts receivable, less allowances 444.0 475.7 454.6 438.0 501.7
Inventories, net 582.6 585.5 543.2 553.7 617.0
Deferred income taxes 56.2 49.9 NA NA NA
Deferred charges and prepaid expenses 26.8 25.2 22.7 20.3 37.1
Other current assets 61.7 51.5 56.1 48.4 55.8
Current assets, discontinued operations 366.5 NA NA NA NA
Total Current Assets 1,937.5 1,481.9 1,206.4 1,211.9 1,659.5
Property, Plant and Equipment, net 855.8 780.5 777.8 804.4 811.6

Other Assets

Goodwill 346.1 259.5 327.3 357.5 373.4
Non-current pension assets 223.5 176.2 86.3 32.1 31.1
Other intangible assets 207.4 239.8 271.3 271.0 288.3
Deferred income taxes NA 11.2 65.9 51.4 46.4
Other non-current assets 58.4 52.3 49.1 34.9 28.2
Non-current assets, discontinued operations 849.2 NA NA NA NA
Total Other Assets 1,684.6 739.0 799.9 746.9 767.4
Total Assets 4,477.9 3,001.4 2,784.1 2,763.2 3,238.5

LIABILITIES AND SHAREHOLDERS' EQUITY

Current Liabilities

Short-term debt 18.6 7.4 62.0 19.2 49.5
Current portion of long-term debt 250.7 0.6 15.1 5.0 5.0
Accounts payable, trade 139.9 143.9 159.7 176.2 233.4
Salaries, wages and benefits 131.1 146.7 102.3 85.9 93.4
Income taxes payable 106.7 80.2 13.1 16.9 6.7
Other current liabilities 180.8 155.0 153.1 149.5 149.9
Current liabilities, discontinued operations 152.3 NA NA NA NA
Total Current Liabilities 980.1 533.8 505.3 452.7 537.9

Non-Current Liabilities

Long-term debt 176.4 522.1 579.4 635.0 947.1
Accrued pension cost 159.0 165.9 146.9 154.7 158.8
Accrued postretirement benefits cost 138.3 141.8 136.1 131.5 127.7
Deferred income taxes 82.9 4.1 3.6 3.9 3.0
Other non-current liabilities 55.9 44.6 68.2 74.5 44.4
Non-current liabilities, discontinued operations 236.7 NA NA NA NA
Total Non-Current Liabilities 849.2 878.5 934.2 999.6 1,281.0

Shareholders' Equity

Class I and II Serial Preferred Stock, without par value 0 0 0 0 0
Common stock, without par value
Stated capital 53.1 53.1 53.1 53.1 53.1
Other paid-in capital 896.4 899.4 905.1 906.9 893.4
Earnings invested in the business 2,586.4 1,615.4 1,457.6 1,289.3 1,367.7
Accumulated other comprehensive loss (626.1) (482.5) (287.0) (77.9) (50.1)
Treasury shares at cost (273.2) (509.2) (804.3) (891.7) (877.1)
Total Shareholders' Equity 2,636.6 1,576.2 1,324.5 1,279.7 1,387.0
Noncontrolling Interest 12.0 12.9 20.1 31.2 32.6
Total Equity 2,648.6 1,589.1 1,344.6 1,310.9 1,419.6
Total Liabilities and Shareholders' Equity 4,477.9 3,001.4 2,784.1 2,763.2 3,238.5
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.