Balance Sheet

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	Year Ending Dec 2018 (Update)	Year Ending Dec 2017 (Update)	Year Ending Dec 2016 (Update)	Year Ending Dec 2015 (Update)	Year Ending Dec 2014 (Reclassified)	Year Ending Dec 2013 (Update)	Year Ending Dec 2012 (Reclassified)	Year Ending Dec 2011 (Reclassified)	Year Ending Dec 2010 (Reclassified)	Year Ending Dec 2009 (Update)
Cash & Equivalents	358.85	326.70	379.18	304.18	278.38	299.83	286.46	361.10	366.19	388.14
Short Term Investments	--	179.13
Cash and Short Term Investments	358.85	505.83	379.18	304.18	278.38	299.83	286.46	361.10	366.19	388.14
Accounts Receivable - Trade, Gross	409.71	411.22	281.76	272.01	345.52	375.53	369.32	393.28	329.80	281.87
Provision for Doubtful Accounts	-12.83	-15.94	-7.77	-7.30	-7.86	-8.40	-8.65	-7.08	-7.86	-8.17
Accounts Receivable - Trade, Net	396.89	395.28	273.99	264.72	337.66	367.13	360.66	386.20	321.95	273.70
Total Receivables, Net	396.89	395.28	273.99	264.72	337.66	367.13	360.66	386.20	321.95	273.70
Inventories - Finished Goods	204.06	200.40	138.04	148.46	187.49	198.52	203.12	213.94	167.79	153.97
Inventories - Work In Progress	53.95	50.70	40.56	39.56	41.16	38.96	41.81	42.10	38.71	32.73
Inventories - Raw Materials	103.82	97.58	76.81	87.92	112.41	112.48	119.96	117.19	85.23	69.05
Total Inventory	361.83	348.67	255.41	275.93	341.06	349.96	364.89	373.24	291.73	255.74
Prepaid Expenses			64.40
Deferred Income Tax - Current Asset				--		10.92		15.10	26.75	23.78
Other Current Assets	120.24	123.84	70.74	91.17	139.10	102.93	120.80	83.63	75.89	82.19
Other Current Assets, Total	120.24	123.84	70.74	91.17	139.10	113.85	120.80	98.73	102.64	105.97
Total Current Assets	1.24M	1.37M	1.04M	936.00	1.10M	1.13M	1.13M	1.22M	1.08M	1.02M
Buildings - Gross	414.70	421.72	335.89	362.33	371.40	373.37	343.87	322.63	313.86	291.44
Land/Improvements - Gross	61.78	66.65	46.22	45.78	46.55	48.37	44.51	42.89	43.70	42.82
Machinery/Equipment - Gross	781.14	776.44	706.94	696.85	711.74	723.72	732.46	724.80	712.36	683.04
Property/Plant/Equipment, Total - Gross	1.26M	1.26M	1.09M	1.10M	1.13M	1.15M	1.12M	1.09M	1.07M	1.02M
Accumulated Depreciation, Total	-778.82	-787.78	-716.67	-693.63	-690.94	-661.45	-634.60	-619.87	-591.36	-557.24
Property/Plant/Equipment, Total - Net	478.80	477.03	372.38	411.32	438.75	484.01	486.24	470.45	478.57	460.06
Goodwill, Net	281.29	234.58	231.92	187.50		174.72		65.10	45.95	39.55
Intangibles - Gross	274.90	243.71	210.33	193.14		205.25		129.28	110.27	107.64
Accumulated Intangible Amortization	-126.96	-116.25	-97.36	-88.34		-58.24		-34.81	-29.02	-25.86
Intangibles, Net	147.95	127.45	130.09	120.72		147.01		94.47	81.26	81.77
LT Investment - Affiliate Companies				27.24		26.62		24.62	22.91	22.90
LT Investments - Other				32.09		32.76		30.18	29.80	29.08
Long Term Investments				59.33		59.38		54.79	52.71	51.98
Pension Benefits - Overfunded				38.20		36.12			0.59	1.92
Deferred Income Tax - Long Term Asset	20.40	15.94	8.42	8.68		3.56		57.57	22.16	26.33
Other Long Term Assets	183.59	177.94	156.92	22.41	404.27	116.31	470.81	15.12	20.04	20.13
Other Long Term Assets, Total	203.99	193.87	165.34	69.30	404.27	155.98	470.81	72.69	42.79	48.38
Total Assets	2.35M	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M	1.78M	1.71M
Accounts Payable	268.60	269.76	176.76	152.62	209.75	212.80	209.65	176.31	147.11	100.05
Accrued Expenses	94.20	91.90	72.78	133.13		108.44		96.26	82.69	68.44
Notes Payable/Short Term Debt	--	2.02	1.76	2.82	68.17	14.58	18.22	19.92	11.28	34.58
Current Portion of Long Term Debt/Capital Leases	0.11	0.11	0.13	1.46		0.72	0.46	81.50	1.80	1.29
Dividends Payable	29.87	25.61	22.99	22.62		18.62		14.19	12.99	11.89
Customer Advances	17.02	19.68	21.24	16.11		24.32		15.47
Income Taxes Payable				16.60		46.11		21.96	21.76	22.43
Other Current Liabilities	128.38	119.66	92.46	24.76	214.48	31.34	211.94	45.43	57.97	59.30
Other Current liabilities, Total	175.27	164.95	136.68	80.09	214.48	120.38	211.94	97.05	92.71	93.61
Total Current Liabilities	538.18	528.74	388.11	370.12	492.40	456.92	440.27	471.04	335.59	297.97
Long Term Debt	702.55	704.14	703.70	350.35	2.49	3.79	1.60	1.96	84.63	87.85
Total Long Term Debt	702.55	704.14	703.70	350.35	2.49	3.79	1.60	1.96	84.63	87.85
Total Debt	702.66	706.27	705.59	354.63	70.65	19.09	20.28	103.38	97.71	123.72
Deferred Income Tax - Long Term Liability	45.99	40.72	41.62	46.66		48.10		17.61	19.77	16.68
Deferred Income Tax	45.99	40.72	41.62	46.66		48.10		17.61	19.77	16.68
Minority Interest	0.65	0.82	0.73	0.86	3.23	4.09	15.95	16.30	15.98	13.33
Pension Benefits - Underfunded			24.70	15.24	32.80	27.00	216.19	232.18	121.99	139.67
Other Long Term Liabilities	175.52	200.50	73.11	69.35	125.75	85.37	73.49	60.75	72.33	77.45
Other Liabilities, Total	175.52	200.50	97.80	84.59	158.55	112.37	289.68	292.93	194.33	217.12
Total Liabilities	1.46M	1.47M	1.23M	852.58	656.67	625.27	747.49	799.83	650.29	632.95
Common Stock	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	4.93
Common Stock, Total	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	4.93
Additional Paid-In Capital	360.31	334.31	309.42	272.91	258.82	240.52	205.12	179.10	162.45	159.44
Retained Earnings (Accumulated Deficit)	2.56M	2.39M	2.24M	2.13M	2.09M	1.91M	1.68M	1.48M	1.32M	1.24M
Treasury Stock - Common	-1,753.93	-1,553.56	-1,514.83	-1,180.75	-783.68	-480.30	-319.88	-248.53	-217.41	-181.62
Cumulative Translation Adjustment	-213.38	-162.78	-233.69	-197.04	-90.72	8.38		6.58	33.84
Minimum Pension Liability Adjustment	-82.05	-85.28	-95.94	-99.78	-197.89	-160.69		-255.37	-175.43
Other Comprehensive Income	1.69	0.88	0.59	0.55	-0.01	0.37	-235.40	0.91	-0.35	-149.40
Other Equity, Total	-293.74	-247.19	-329.04	-296.27	-288.62	-151.94	-235.40	-247.88	-141.95	-149.40
Total Equity	886.94	931.64	711.48	931.59	1.28M	1.53M	1.34M	1.18M	1.13M	1.07M
Total Liabilities & Shareholders' Equity	2.35M	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M	1.78M	1.71M
Shares Outstanding – Common Stock Primary Issue	63.55	65.66	65.67	70.69	77.00	81.01	82.94	83.76	84.24	85.27
Total Common Shares Outstanding	63.55	65.66	65.67	70.69	77.00	81.01	82.94	83.76	84.24	85.27
Treasury Shares – Common Primary Issue	35.04	32.92	32.91	27.89	21.58	17.57	15.64	14.82	14.34	13.31
Employees	11.00M	11.00M	9.00M	10.00M	10.00M	10.00M	10.00M	9.93M	9.47M	8.95M
Number of Common Shareholders	1.75M	1.65M	1.71M	1.74M	1.77M		1.70M	1.75M	1.69M	1.76M
Accumulated Intangible Amortization	126.96	116.25	97.36	88.34		58.24		34.81	29.02	25.86
Deferred Revenue - Current	17.02	19.68	21.24	16.11		24.32		15.47
Total Current Assets less Inventory	875.97	1.02M	788.31	660.07	755.15	780.81	767.93	846.03	790.78	767.80
Quick Ratio	1.63	1.94	2.03	1.78	1.53	1.71	1.74	1.80	2.36	2.58
Current Ratio	2.30	2.60	2.69	2.53	2.23	2.47	2.57	2.59	3.23	3.44
Net Debt	344.46	201.26	327.14	51.30	-204.49	-276.65	-250.24	-241.43	-252.51	-251.09
Tangible Book Value	457.70	569.60	349.47	623.36	1.28M	1.20M	1.34M	1.02M	1.01M	951.02
Tangible Book Value per Share	7.20	8.67	5.32	8.82	16.66	14.87	16.18	12.15	11.95	11.15
Total Long Term Debt, Supplemental	711.05	713.18	713.01	355.48		17.54	20.28	82.20	82.33	118.08
Long Term Debt Maturing within 1 Year	0.11	2.13	1.89	4.28		15.30	18.68	80.50	0.86	0.33
Long Term Debt Maturing in Year 2	0.11	0.11	0.10	0.57		0.54	0.41	0.36	40.20	35.87
Long Term Debt Maturing in Year 3	0.11	0.11	0.10	0.11		0.45	0.31	0.36	40.20	80.46
Long Term Debt Maturing in Year 4	0.11	0.11	0.10	0.10		0.29	0.13	0.14	0.13	0.15
Long Term Debt Maturing in Year 5	10.61	0.11	0.10	0.10		0.20	0.13	0.14	0.13	0.15
Long Term Debt Maturing in 2-3 Years	0.22	0.22	0.21	0.67		0.98	0.72	0.72	80.40	116.32
Long Term Debt Maturing in 4-5 Years	10.71	0.22	0.20	0.21		0.49	0.27	0.27	0.25	0.30
Long Term Debt Maturing in Year 6 & Beyond	700.00	710.61	710.71	350.32		0.77	0.61	0.71	0.82	1.12
Total Capital Leases								0.90	1.87	2.84
Capital Lease Payments Due in Year 1								0.64	0.93	0.96
Capital Lease Payments Due in Year 2								0.07	0.39	0.83
Capital Lease Payments Due in Year 3								0.07	0.39	0.83
Capital Lease Payments Due in Year 4								0.04	0.04	0.04
Capital Lease Payments Due in Year 5								0.04	0.04	0.04
Capital Lease Payments Due in 2-3 Years								0.14	0.77	1.65
Capital Lease Payments Due in 4-5 Years								0.08	0.08	0.08
Capital Lease Payments Due in Year 6 & Beyond								0.05	0.09	0.14
Total Operating Leases	62.68	57.31	43.69	41.68	44.40	48.17	46.22	36.22	34.42	34.71
Operating Lease Payments Due in Year 1	16.92	19.21	12.27	12.16	12.37	13.26	12.62	10.62	10.57	9.92
Operating Lease Payments Due in Year 2	19.64	13.36	9.82	8.74	10.67	18.63	9.39	7.72	7.45	7.23
Operating Lease Payments Due in Year 3	7.72	8.97	7.67	6.62	7.90	9.71	6.87	5.44	4.97	5.33
Operating Lease Payments Due in Year 4	4.74	5.25	5.22	5.03	5.43		5.70	3.84	3.47	2.76
Operating Lease Payments Due in Year 5	3.63	4.89	3.82	3.56	4.13		4.56	3.33	2.35	2.23
Operating Lease Payments Due in 2-3 Years	27.36	22.33	17.49	15.36	18.57	28.34	16.26	13.16	12.42	12.56
Operating Lease Payments Due in 4-5 Years	8.37	10.14	9.04	8.58	9.55		10.26	7.17	5.82	5.00
Standardized Operating Lease Payments Due in Year 6 and Beyond	10.03	5.63	4.89	5.58	3.91	6.57	7.08	5.26	5.62	7.23
Pension Obligation - Domestic	438.95	507.08	564.73	558.17	1.05M	941.44	1.03M	991.98	851.95	777.52
Pension Obligation - Foreign	168.81	193.52
Plan Assets - Domestic	512.08	568.39	599.09	576.10	1.01M	940.00	813.90	749.46	726.47	636.76
Plan Assets - Foreign	100.19	113.34
Funded Status - Domestic	73.13	61.31	34.36	17.93	-34.53	-1.45	-219.83	-242.52	-125.47	-140.76
Funded Status - Foreign	-68.62	-80.18
Accumulated Obligation - Domestic		691.83	560.23	523.73	1.00M	891.40	976.03	949.49	818.29	738.97
Total Funded Status	4.51	-18.87	34.36	17.93	-34.53	-1.45	-219.83	-242.52	-125.47	-140.76
Discount Rate - Domestic	4.40	3.70	4.10	4.50	4.10	4.70	3.80	4.20	5.30	5.80
Compensation Rate - Domestic	2.50	2.50	2.60	2.70	2.80	4.20	4.00	4.00	4.00	4.00
Prepaid Benefits - Domestic	87.79	81.49	64.40	38.20	1.24			--	0.59	1.92
Accrued Liabilities - Domestic	-14.65	-20.17	-30.04	-20.27	-35.77	-37.56	-219.83	-242.52	-126.06	-142.68
Other Assets, Net - Domestic	85.62	90.68	146.60	154.76	314.41	256.26	417.97	407.53	279.87	276.94
Net Assets Recognized on Balance Sheet	158.76	151.99	180.96	172.69	279.88	218.70	198.14	165.00	154.40	136.18
Equity % - Domestic	0.75	0.80	0.68	0.62			13.24	12.60	15.39	13.90
Debt Securities % - Domestic	79.84	75.97	25.72	22.93	0.48	0.50	0.64	81.57	78.48	78.00
Private Investments % - Domestic	6.91	6.58	6.57	7.01	3.76	3.46	3.33	2.37	1.25	0.70
Other Investments % - Domestic	32.06	36.59	67.03	69.44	95.76	96.04	82.80	3.46	4.88	7.40
Total Plan Obligations	607.76	700.60	564.73	558.17	1.05M	941.44	1.03M	991.98	851.95	777.52
Total Plan Assets	612.27	681.73	599.09	576.10	1.01M	940.00	813.90	749.46	726.47	636.76

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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Balance Sheet

Balance Sheet