Financial Overview - Annual Balance Sheet

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Reclassified)
Cash & Equivalents 634.90 368.05 323.99 181.99
Cash and Short Term Investments 634.90 368.05 323.99 181.99
Accounts Receivable - Trade, Gross 946.94 677.06 560.65 546.13
Provision for Doubtful Accounts -9.17 -13.39 -10.00 -8.23
Accounts Receivable - Trade, Net 937.77 663.66 550.66 537.90
Total Receivables, Net 937.77 663.66 550.66 537.90
Inventories - Finished Goods 460.80 306.88 289.60 272.42
Inventories - Work In Progress 48.82 16.43 13.79 17.45
Inventories - Raw Materials 568.92 326.14 288.63 282.18
Total Inventory 1,078.54 649.45 592.02 572.05
Prepaid Expenses 270.89 210.25 120.51 145.18
Restricted Cash - Current 13.63 0.00 0.00 0.00
Deferred Income Tax - Current Asset 0.00 0.00 0.00 0.00
Other Current Assets 6.14 5.14 21.84 0.00
Other Current Assets, Total 19.77 5.14 21.84 0.00
Total Current Assets 2,941.86 1,896.54 1,609.01 1,437.11
Buildings - Gross 760.78 560.94 519.95 538.10
Land/Improvements - Gross 75.53 39.01 36.37 22.90
Machinery/Equipment - Gross 1,342.88 1,162.16 1,052.11 991.75
Construction in Progress - Gross 133.87 141.76 122.75 75.79
Other Property/Plant/Equipment - Gross 179.88 186.89 182.15 183.76
Property/Plant/Equipment, Total - Gross 2,492.94 2,090.76 1,913.33 1,812.28
Accumulated Depreciation, Total -1,251.79 -1,210.18 -1,137.62 -1,079.49
Property/Plant/Equipment, Total - Net 1,241.15 880.58 775.72 732.79
Goodwill, Net 5,378.39 1,156.29 1,000.12 941.39
Intangibles - Gross 3,331.21 633.08 545.96 0.00
Accumulated Intangible Amortization -291.89 -217.29 -180.18 0.00
Intangibles, Net 3,039.32 415.79 365.78 306.00
Pension Benefits - Overfunded 0.00 0.00 0.00 0.00
Deferred Income Tax - Long Term Asset 0.00 99.78 138.64 166.32
Other Long Term Assets 288.67 149.95 127.71 118.39
Other Long Term Assets, Total 288.67 249.73 266.35 284.71
Total Assets 12,889.40 4,598.93 4,016.98 3,702.01
Accounts Payable 471.38 338.19 274.82 285.50
Accrued Expenses 236.86 172.16 107.73 82.22
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00
Current Portion of Long Term Debt/Capital Leases 48.64 6.97 258.52 132.35
Dividends Payable 77.78 54.42 50.68 44.82
Income Taxes Payable 24.36 22.19 0.00 0.00
Other Current Liabilities 269.29 174.84 206.56 180.26
Other Current liabilities, Total 371.43 251.45 257.24 225.09
Total Current Liabilities 1,128.31 768.77 898.30 725.16
Long Term Debt 4,504.42 1,632.19 1,066.86 935.37
Total Long Term Debt 4,504.42 1,632.19 1,066.86 935.37
Total Debt 4,553.06 1,639.15 1,325.37 1,067.72
Deferred Income Tax - Long Term Liability 655.88 0.00 0.00 0.00
Deferred Income Tax 655.88 0.00 0.00 0.00
Minority Interest 92.23 5.09 4.89 4.67
Pension Benefits - Underfunded 227.17 228.94 243.41 242.38
Other Long Term Liabilities 248.44 279.74 177.29 204.11
Other Liabilities, Total 475.61 508.68 420.70 446.49
Total Liabilities 6,856.44 2,914.72 2,390.74 2,111.69
Common Stock 16.07 14.47 14.47 14.47
Common Stock, Total 16.07 14.47 14.47 14.47
Additional Paid-In Capital 3,793.61 162.83 152.48 140.80
Retained Earnings (Accumulated Deficit) 3,956.22 3,870.62 3,818.54 3,604.25
Treasury Stock - Common -1,030.72 -1,726.23 -1,679.15 -1,555.77
Cumulative Translation Adjustment -397.00 -297.42 -352.03 -297.50
Minimum Pension Liability Adjustment -309.98 -329.73 -335.67 -325.34
Other Comprehensive Income 4.75 -10.33 7.60 9.40
Other Equity, Total -702.23 -637.48 -680.10 -613.44
Total Equity 6,032.95 1,684.20 1,626.24 1,590.32
Total Liabilities & Shareholders' Equity 12,889.40 4,598.93 4,016.98 3,702.01
Shares Outstanding – Common Stock Primary Issue 106.62 78.95 79.21 80.02
Total Common Shares Outstanding 106.62 78.95 79.21 80.02
Treasury Shares – Common Primary Issue 21.91 36.91 36.65 35.84
Employees 13,000.00 7,300.00 6,900.00 6,700.00
Number of Common Shareholders 1,276.00 1,735.00 1,878.00 2,012.00
Accumulated Intangible Amortization 291.89 217.29 180.18 0.00
Deferred Revenue - Long Term 31.37 37.34 39.82 43.26
Total Current Assets less Inventory 1,863.32 1,247.10 1,017.00 865.06
Quick Ratio 1.65 1.62 1.13 1.19
Current Ratio 2.61 2.47 1.79 1.98
Net Debt 4,010.39 1,276.20 1,006.27 890.41
Tangible Book Value -2,384.76 112.13 260.34 342.92
Tangible Book Value per Share -22.37 1.42 3.29 4.29
Total Long Term Debt, Supplemental 4,595.00 1,644.00 1,321.00 0.00
Long Term Debt Maturing within 1 Year 45.00 0.00 250.00 0.00
Long Term Debt Maturing in Year 2 537.00 50.00 50.00 0.00
Long Term Debt Maturing in Year 3 537.00 50.00 50.00 0.00
Long Term Debt Maturing in Year 4 150.00 25.00 0.00 0.00
Long Term Debt Maturing in Year 5 150.00 25.00 0.00 0.00
Long Term Debt Maturing in 2-3 Years 1,074.00 100.00 100.00 0.00
Long Term Debt Maturing in 4-5 Years 300.00 50.00 0.00 0.00
Long Term Debt Maturing in Year 6 & Beyond 3,176.00 1,494.00 971.00 0.00
Total Operating Leases 389.70 283.60 254.80 0.00
Operating Lease Payments Due in Year 1 49.30 36.20 32.60 0.00
Operating Lease Payments Due in Year 2 42.20 33.90 27.20 0.00
Operating Lease Payments Due in Year 3 36.40 30.80 25.40 0.00
Operating Lease Payments Due in Year 4 32.20 29.30 24.20 0.00
Operating Lease Payments Due in Year 5 0.00 0.00 0.00 0.00
Operating Lease Payments Due in 2-3 Years 78.60 64.70 52.60 0.00
Operating Lease Payments Due in 4-5 Years 32.20 29.30 24.20 0.00
Standardized Operating Lease Payments Due in Year 6 and Beyond 229.60 153.40 145.40 0.00
Pension Obligation - Domestic 562.04 602.78 577.33 0.00
Pension Obligation - Foreign 957.94 973.06 895.57 0.00
Plan Assets - Domestic 532.38 581.92 525.96 0.00
Plan Assets - Foreign 896.78 929.81 792.14 0.00
Funded Status - Domestic -29.66 -20.87 -51.37 0.00
Funded Status - Foreign -61.15 -43.25 -103.43 0.00
Accumulated Obligation - Domestic 562.04 600.63 574.61 0.00
Accumulated Obligation - Foreign 957.94 941.16 865.59 0.00
Unfunded Plan Obligations 59.63 82.71 79.85 0.00
Total Funded Status -150.44 -146.83 -234.64 0.00
Discount Rate - Domestic 4.31 3.68 4.20 0.00
Discount Rate - Foreign 2.22 2.15 2.14 0.00
Discount Rate - Post-Retirement 3.69 4.19 4.20 0.00
Compensation Rate - Domestic 3.25 3.25 3.25 0.00
Compensation Rate - Foreign 1.91 1.98 1.97 0.00
Prepaid Benefits - Domestic 20.95 33.16 4.34 0.00
Prepaid Benefits - Foreign 54.43 38.10 0.00 0.00
Accrued Liabilities - Domestic -50.61 -54.03 -55.71 0.00
Accrued Liabilities - Foreign -115.59 -81.35 -103.43 0.00
Other Assets, Net - Domestic 151.54 137.08 154.56 0.00
Other Assets, Net - Foreign 317.22 331.28 332.26 0.00
Other Assets, Net - Post-Retirement -20.56 -4.52 -12.33 0.00
Net Assets Recognized on Balance Sheet 357.38 399.73 319.70 0.00
Equity % - Domestic 25.00 28.00 36.00 0.00
Equity % - Foreign 12.00 27.00 27.00 0.00
Debt Securities % - Domestic 74.00 71.00 64.00 0.00
Debt Securities % - Foreign 36.00 40.00 56.00 0.00
Real Estate % - Foreign 8.00 4.00 5.00 0.00
Other Investments % - Domestic 1.00 1.00 0.00 0.00
Other Investments % - Foreign 44.00 29.00 12.00 0.00
Total Plan Obligations 1,579.60 1,658.56 1,552.74 0.00
Total Plan Assets 1,429.16 1,511.73 1,318.10 0.00
For a more complete picture of our financial results, please review our SEC Filings

In millions of USD (except for per share items)

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