Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Oct. 01, 2016
Current Assets      
Cash and Cash Equivalents, at Cost, Which Approximates Fair Value $ 391.1 $ 422.4 $ 437.2
Restricted Cash 10.7 11.2 12.7
Short-Term Investments in Marketable Securities 0.8 35.8 0.8
Total Cash and Short-Term Investments in Marketable Securities 402.6 469.4 450.7
Accounts and Notes Receivable, less Allowances of $10.2, $12.8 and $14.2 476.4 417.3 454.6
Inventories      
Finished Goods 530.5 502.7 476.3
Work-In-Process 126.7 91.1 102.7
Raw Materials 191.4 168.3 176.0
Net Inventories 848.6 762.1 755.0
Prepaid Expenses and Other 49.1 39.7 38.5
Current Assets 1,776.7 1,688.5 1,698.8
Property      
Land 25.0 24.3 24.3
Buildings and Improvements 414.6 406.4 399.1
Equipment 1,008.9 979.2 948.2
Total Land, Buildings and Improvements and Equipment 1,448.5 1,409.9 1,371.6
Accumulated Depreciation (888.4) (892.3) (891.9)
Net Land, Buildings and Improvements and Equipment 560.1 517.6 479.7
Unamortized Product Tooling Costs 146.3 127.7 117.0
Net Property 706.4 645.3 596.7
Other Assets      
Goodwill 426.3 413.8 413.0
Other Intangibles, Net 165.5 164.8 164.1
Equity Investments 21.7 20.7 16.3
Deferred Income Tax Asset 256.1 307.8 304.8
Other Long-Term Assets 46.5 43.8 47.5
Other Assets 916.1 950.9 945.7
Total Assets 3,399.2 3,284.7 3,241.2
Current Liabilities      
Current Maturities of Long-Term Debt 4.2 5.9 4.2
Accounts Payable 397.3 392.7 364.0
Accrued Expenses 578.6 566.3 549.5
Current Liabilities 980.1 964.9 917.7
Long-Term Liabilities      
Debt 437.6 436.5 448.0
Postretirement Benefits 226.5 276.3 271.9
Other 184.9 166.9 168.9
Long-Term Liabilities 849.0 879.7 888.8
Shareholders' equity      
Common Stock; Authorized: 200,000,000 Shares, $0.75 Par Value; Issued: 102,538,000 Shares; Outstanding: 87,687,000, 89,317,000 and 89,835,000 Shares 76.9 76.9 76.9
Additional Paid-In Capital 371.5 382.0 380.0
Retained Earnings 2,100.2 1,881.0 1,878.0
Treasury Stock, at Cost: 14,851,000, 13,221,000, and 12,703,000 Shares (566.5) (465.2) (440.2)
Accumulated Other Comprehensive Loss, Net of Tax (412.0) (434.6) (460.0)
Shareholders' Equity 1,570.1 1,440.1 1,434.7
Total Liabilities and Shareholders' Equity $ 3,399.2 $ 3,284.7 $ 3,241.2