Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2017
Dec. 31, 2016
Apr. 02, 2016
Current Assets      
Cash and Cash Equivalents, at Cost, Which Approximates Fair Value $ 273.3 $ 422.4 $ 282.2
Restricted Cash 11.2 11.2 12.7
Short-Term Investments in Marketable Securities 0.7 35.8 0.8
Total Cash and Short-Term Investments in Marketable Securities 285.2 469.4 295.7
Accounts and Notes Receivable, less Allowances of $10.5, $12.8, and $14.9 529.5 417.3 526.3
Inventories      
Finished Goods 533.5 502.7 481.8
Work-In-Process 110.8 91.1 98.3
Raw Materials 173.3 168.3 157.3
Net Inventories 817.6 762.1 737.4
Prepaid Expenses and Other 38.7 39.7 50.0
Current Assets 1,671.0 1,688.5 1,609.4
Property      
Land 21.3 24.3 22.8
Buildings and Improvements 399.7 406.4 378.4
Equipment 983.1 979.2 910.4
Total Land, Buildings and Improvements and Equipment 1,404.1 1,409.9 1,311.6
Accumulated Depreciation (887.0) (892.3) (870.1)
Net Land, Buildings and Improvements and Equipment 517.1 517.6 441.5
Unamortized Product Tooling Costs 135.9 127.7 108.9
Net Property 653.0 645.3 550.4
Other Assets      
Goodwill 416.0 413.8 380.3
Other Intangibles, Net 163.3 164.8 136.8
Equity Investments 26.6 20.7 27.3
Deferred Income Tax Asset 297.6 307.8 372.1
Other Long-Term Assets 46.4 43.8 46.4
Other Assets 949.9 950.9 962.9
Total Assets 3,273.9 3,284.7 3,122.7
Current Liabilities      
Current Maturities of Long-Term Debt 6.4 5.9 4.8
Accounts Payable 406.8 392.7 362.0
Accrued Expenses 543.3 566.3 529.4
Current Liabilities 956.5 964.9 896.2
Long-Term Liabilities      
Debt 435.4 436.5 446.1
Postretirement Benefits 239.7 276.3 310.7
Other 168.7 166.9 164.4
Long-Term Liabilities 843.8 879.7 921.2
Shareholders' Equity      
Common Stock; Authorized: 200,000,000 Shares, $0.75 Par Value; Issued: 102,538,000 Shares; Outstanding: 89,365,000, 89,317,000 and 90,712,000 Shares 76.9 76.9 76.9
Additional Paid-In Capital 364.1 382.0 380.7
Retained Earnings 1,931.1 1,881.0 1,711.7
Treasury Stock, at Cost: 13,173,000, 13,221,000 and 11,826,000 Shares (471.1) (465.2) (398.1)
Accumulated Other Comprehensive Loss, Net of Tax (427.4) (434.6) (465.9)
Shareholders' Equity 1,473.6 1,440.1 1,305.3
Total Liabilities and Shareholders' Equity $ 3,273.9 $ 3,284.7 $ 3,122.7