|
Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Assets |
|
|
| Cash and cash equivalents |
$ 735,142 |
$ 729,321 |
| Accounts receivable, less allowance for doubtful accounts of $8,410 and $8,797, respectively |
689,574 |
612,007 |
| Inventories, net |
353,060 |
367,185 |
| Prepaid expenses and other current assets |
65,152 |
67,875 |
| Deferred income taxes |
45,017 |
51,230 |
| Total current assets |
1,887,945 |
1,827,618 |
| Property, plant and equipment, net of accumulated depreciation of $213,355 and $207,342, respectively |
282,244 |
289,371 |
| Goodwill |
1,449,822 |
1,451,887 |
| Other intangible assets, net |
1,214,832 |
1,260,927 |
| Other noncurrent assets |
123,597 |
126,082 |
| Total assets |
4,958,440 |
4,955,885 |
| Liabilities and Stockholders' Equity |
|
|
| Accounts payable |
234,032 |
177,806 |
| Other accrued liabilities |
236,385 |
289,006 |
| Current portion of long-term debt |
8,972 |
9,001 |
| Total current liabilities |
479,389 |
475,813 |
| Long-term debt |
2,697,173 |
2,698,724 |
| Deferred income taxes |
318,214 |
339,945 |
| Pension and other postretirement benefit liabilities |
23,211 |
29,478 |
| Other noncurrent liabilities |
101,099 |
104,306 |
| Total liabilities |
3,619,086 |
3,648,266 |
| Commitments and contingencies |
|
|
| Stockholders' equity: |
|
|
| Preferred stock, $.01 par value: Authorized shares: 200,000,000; Issued and outstanding shares: None at March 31, 2015 or December 31, 2014 |
|
|
| Common stock, $.01 par value: Authorized shares: 1,300,000,000; Issued and outstanding shares: 189,409,474 and 187,831,389 at March 31, 2015 and December 31, 2014, respectively |
1,904 |
1,888 |
| Additional paid-in capital |
2,167,740 |
2,141,433 |
| Retained earnings (accumulated deficit) |
(702,043) |
(741,519) |
| Accumulated other comprehensive loss |
(117,612) |
(83,548) |
| Treasury stock, at cost: 961,566 shares at March 31, 2015 and December 31, 2014 |
(10,635) |
(10,635) |
| Total stockholders' equity |
1,339,354 |
1,307,619 |
| Total liabilities and stockholders' equity |
$ 4,958,440 |
$ 4,955,885 |