Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 321.0 $ 239.3
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $10.2 million and $10.1 million as of June 30, 2017, and December 31, 2016, respectively 755.2 689.2
Inventories 734.4 723.6
Prepaid expenses and other current assets 52.8 30.3
Federal and state income taxes receivable 0.0 13.9
Total current assets 1,863.4 1,696.3
Property, plant, and equipment, net 2,872.5 2,895.7
Goodwill 731.1 737.9
Intangible assets, net 356.2 367.1
Other long-term assets 80.0 80.0
Total assets 5,903.2 5,777.0
Current liabilities:    
Current maturities of long-term debt 156.5 25.8
Capital lease obligations 1.3 1.3
Accounts payable 349.2 323.8
Dividends payable 60.1 59.9
Federal and state income taxes payable 2.5 0.0
Accrued liabilities 177.5 201.2
Accrued interest 13.1 13.4
Total current liabilities 760.2 625.4
Long-term liabilities:    
Long-term debt 2,457.3 2,620.0
Capital lease obligations 19.7 20.3
Deferred income taxes 342.7 334.7
Compensation and benefits 356.3 357.2
Other long-term liabilities 60.4 59.6
Total long-term liabilities 3,236.4 3,391.8
Commitments and contingent liabilities
Stockholders' equity:    
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.4 million and 94.2 million shares issued as of June 30, 2017, and December 31, 2016, respectively 0.9 0.9
Additional paid in capital 460.9 451.4
Retained earnings 1,578.8 1,447.1
Accumulated other comprehensive loss (134.0) (139.6)
Total stockholders' equity 1,906.6 1,759.8
Total liabilities and stockholders' equity $ 5,903.2 $ 5,777.0