|
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 295.4 |
$ 292.5 |
| Accounts receivable – trade, less allowance for doubtful accounts |
353.7 |
289.0 |
| Inventories |
970.6 |
925.2 |
| Deferred income taxes |
14.3 |
17.6 |
| Other current assets |
89.0 |
130.7 |
| Total current assets |
1,723.0 |
1,655.0 |
| Property and equipment, net of accumulated depreciation ($323.1 at March 31, 2015 and $312.0 at December 31, 2014) |
399.6 |
397.7 |
| Goodwill |
823.5 |
859.5 |
| Identifiable intangible assets, net of accumulated amortization |
215.4 |
218.2 |
| Other assets |
41.1 |
39.3 |
| Total assets |
3,202.6 |
3,169.7 |
| Current liabilities: |
|
|
| Accounts payable |
298.7 |
275.1 |
| Accrued liabilities |
488.6 |
485.0 |
| Current maturities of long-term debt |
16.1 |
16.2 |
| Total current liabilities |
803.4 |
776.3 |
| Long-term debt |
2,138.6 |
2,142.7 |
| Deferred income taxes |
115.6 |
118.9 |
| Other non-current liabilities |
120.9 |
121.7 |
| Stockholders' equity: |
|
|
| Common stock, $0.01 par value; 200.0 shares authorized; 106.9 shares issued as of March 31, 2015 and 106.7 shares issued as of December 31, 2014 |
1.1 |
1.1 |
| Additional paid-in capital |
(876.9) |
(884.6) |
| Treasury stock; .7 shares at March 31, 2015 and December 31, 2014 |
(29.1) |
(28.6) |
| Retained earnings |
1,085.0 |
1,027.6 |
| Accumulated other comprehensive loss |
(156.0) |
(105.4) |
| Total stockholders' equity |
24.1 |
10.1 |
| Total liabilities and equity |
$ 3,202.6 |
$ 3,169.7 |