Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Jul. 01, 2017
Current Assets      
Cash and Cash Equivalents, at Cost, Which Approximates Fair Value $ 435.9 $ 448.8 $ 437.2
Restricted Cash 9.4 9.4 10.7
Short-Term Investments in Marketable Securities 0.8 0.8 0.8
Total Cash and Short-Term Investments in Marketable Securities 446.1 459.0 448.7
Accounts and Notes Receivable, less Allowances of $10.0, $9.2 and $10.2 578.1 485.3 524.6
Inventories      
Finished Goods 508.6 521.3 489.4
Work-In-Process 111.8 119.3 106.3
Raw Materials 194.9 187.1 173.6
Net Inventories 815.3 827.7 769.3
Prepaid Expenses and Other 47.1 74.7 35.2
Current Assets 1,886.6 1,846.7 1,777.8
Property      
Land 25.2 25.1 26.9
Buildings and Improvements 435.9 412.8 398.6
Equipment 1,050.9 1,027.7 1,001.4
Total Land, Buildings and Improvements and Equipment 1,512.0 1,465.6 1,426.9
Accumulated Depreciation (934.0) (895.8) (885.4)
Net Land, Buildings and Improvements and Equipment 578.0 569.8 541.5
Unamortized Product Tooling Costs 138.1 136.2 140.7
Net Property 716.1 706.0 682.2
Other Assets      
Goodwill 424.0 425.3 417.6
Other Intangibles, Net 144.1 149.1 161.7
Equity Investments 30.0 25.1 22.5
Deferred Income Tax Asset 169.5 165.6 272.8
Other Long-Term Assets 50.7 40.4 49.1
Other Assets 818.3 805.5 923.7
Total Assets 3,421.0 3,358.2 3,383.7
Current Liabilities      
Current Maturities of Long-Term Debt 4.7 5.6 5.8
Accounts Payable 426.4 420.5 393.8
Accrued Expenses 679.7 609.0 586.2
Current Liabilities 1,110.8 1,035.1 985.8
Long-Term Liabilities      
Debt 429.0 431.8 438.2
Postretirement Benefits 180.6 220.8 233.7
Other 199.6 187.6 178.2
Long-Term Liabilities 809.2 840.2 850.1
Shareholders' equity      
Common Stock; Authorized: 200,000,000 Shares, $0.75 Par Value; Issued: 102,538,000 Shares; Outstanding: 86,792,000, 87,537,000 and 88,776,000 Shares 76.9 76.9 76.9
Additional Paid-In Capital 361.8 374.4 365.9
Retained Earnings 2,056.9 1,966.8 2,035.9
Treasury Stock, at Cost: 15,746,000, 15,001,000, and 13,762,000 Shares (635.4) (575.4) (507.2)
Accumulated Other Comprehensive Loss, Net of Tax (359.2) (359.8) (423.7)
Shareholders' Equity 1,501.0 1,482.9 1,547.8
Total Liabilities and Shareholders' Equity $ 3,421.0 $ 3,358.2 $ 3,383.7