|
Condensed Balance Sheets (USD $)
In Millions, unless otherwise specified
|
Sep. 30, 2014
|
Dec. 31, 2013
|
Sep. 30, 2013
|
| Current assets: |
|
|
|
| Cash and cash equivalents |
$ 263.6 |
$ 307.8 |
$ 283.8 |
| Receivables, net |
333.4 |
280.1 |
343.8 |
| Income tax receivable |
4.3 |
1.9 |
4.0 |
| Inventories |
198.8 |
186.5 |
183.5 |
| Current deferred income taxes |
45.8 |
50.4 |
51.7 |
| Other current assets |
11.1 |
13.2 |
10.3 |
| Total current assets |
857.0 |
839.9 |
877.1 |
| Property, plant and equipment (less accumulated depreciation of $1,324.6, $1,259.1 and $1,236.8) |
936.4 |
987.8 |
991.7 |
| Prepaid pension costs |
1.6 |
1.7 |
2.1 |
| Restricted cash |
2.0 |
4.2 |
6.6 |
| Deferred income taxes |
11.2 |
9.0 |
8.4 |
| Other assets |
197.7 |
213.1 |
210.0 |
| Goodwill |
747.1 |
747.1 |
747.1 |
| Total assets |
2,753.0 |
2,802.8 |
2,843.0 |
| Current liabilities: |
|
|
|
| Current installments of long-term debt |
16.4 |
12.6 |
12.5 |
| Accounts payable |
165.5 |
148.7 |
170.4 |
| Income taxes payable |
0.5 |
1.7 |
0.8 |
| Accrued liabilities |
209.2 |
244.5 |
242.4 |
| Total current liabilities |
391.6 |
407.5 |
426.1 |
| Long-term debt |
672.7 |
678.4 |
690.5 |
| Accrued pension liability |
64.7 |
115.4 |
123.2 |
| Deferred income taxes |
139.0 |
117.6 |
134.3 |
| Other liabilities |
363.8 |
382.8 |
371.6 |
| Total liabilities |
1,631.8 |
1,701.7 |
1,745.7 |
| Commitments and contingencies |
|
|
|
| Shareholders' equity: |
|
|
|
| Common stock, par value $1 per share: authorized, 120.0 shares; issued and outstanding 78.2, 79.4 and 79.6 shares |
78.2 |
79.4 |
79.6 |
| Additional paid-in capital |
805.9 |
838.8 |
841.6 |
| Accumulated other comprehensive loss |
(356.4) |
(365.1) |
(363.1) |
| Retained earnings |
593.5 |
548.0 |
539.2 |
| Total shareholders' equity |
1,121.2 |
1,101.1 |
1,097.3 |
| Total liabilities and shareholders' equity |
$ 2,753.0 |
$ 2,802.8 |
$ 2,843.0 |