Financial Highlights

As Reported Financials

Document Name As Of Date Currency Code (in millions)	2016 Y 10-K 12/31/2016 USD	2017 Y 10-K 12/31/2017 USD	2018 Y 10-K 12/31/2018 USD	2019 Y 10-K 12/31/2019 USD
Document Name As Of Date Currency Code	2016 Y 10-K 12/31/2016 USD	2017 Y 10-K 12/31/2017 USD	2018 Y 10-K 12/31/2018 USD	2019 Y 10-K 12/31/2019 USD
ASSETS
Current Assets
Cash and cash equivalents	148.8	121.6	132.5	209.5
Restricted cash	2.7	3.8	0.6	6.7
Accounts receivable, less allowances	438.0	524.9	546.6	545.1
Unbilled receivables	NA	0	116.6	129.2
Inventories, net	553.7	738.9	835.7	842.0
Deferred charges and prepaid expenses	20.3	29.7	28.2	36.7
Other current assets	48.4	81.2	77.0	105.4
Total Current Assets	1,211.9	1,500.1	1,737.2	1,874.6
Property, Plant and Equipment, Net	804.4	864.2	912.1	989.2
Operating Lease Assets	NA	NA	0	114.1
Other Assets
Goodwill	357.5	511.8	960.5	993.7
Other intangible assets	271.0	420.6	733.2	758.5
Non-current pension assets	32.1	19.7	6.2	3.4
Non-current other postretirement benefit assets	NA	NA	0	36.6
Deferred income taxes	51.4	61.0	59.0	71.8
Other non-current assets	34.9	25.0	37.0	18.0
Total Other Assets	746.9	1,038.1	1,795.9	1,882.0
Total Assets	2,763.2	3,402.4	4,445.2	4,859.9
LIABILITIES AND EQUITY
Current Liabilities
Short-term debt	19.2	105.4	33.6	17.3
Current portion of long-term debt	5.0	2.7	9.4	64.7
Short-term operating lease liabilities	NA	NA	0	28.3
Accounts payable, trade	176.2	265.2	273.2	301.7
Salaries, wages and benefits	85.9	127.9	174.9	134.5
Income taxes payable	16.9	9.8	23.5	17.8
Other current liabilities	149.5	160.7	171.0	172.3
Total Current Liabilities	452.7	671.7	685.6	736.6
Non-Current Liabilities
Long-term debt	635.0	854.2	1,638.6	1,648.1
Accrued pension benefits	154.7	167.3	161.3	165.1
Accrued postretirement benefits	131.5	122.6	108.7	31.8
Long-term operating lease liabilities	NA	NA	0	71.3
Deferred income taxes	3.9	44.0	138.0	168.2
Other non-current liabilities	74.5	67.7	70.3	84.0
Total Non-Current Liabilities	999.6	1,255.8	2,116.9	2,168.5
Shareholders' Equity
Class I and II Serial Preferred Stock	0	0	0	0
Common stock
Stated capital	53.1	53.1	53.1	53.1
Other paid-in capital	906.9	903.8	951.9	937.6
Earnings invested in the business	1,289.3	1,408.4	1,630.2	1,907.4
Accumulated other comprehensive loss	(77.9)	(38.3)	(95.3)	(50.1)
Treasury shares at cost	(891.7)	(884.3)	(960.3)	(979.8)
Total Shareholders' Equity	1,279.7	1,442.7	1,579.6	1,868.2
Noncontrolling interest	31.2	32.2	63.1	86.6
Total Equity	1,310.9	1,474.9	1,642.7	1,954.8
Total Liabilities and Equity	2,763.2	3,402.4	4,445.2	4,859.9

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.

Financial Highlights

As Reported Financials

Balance Sheet

ASSETS

Current Assets

Other Assets

LIABILITIES AND EQUITY

Current Liabilities

Non-Current Liabilities

Shareholders' Equity