Balance Sheet

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	Year Ending Dec 2019 (Update)	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)
Cash & Equivalents	199.56	358.85	326.70	379.18	304.18	278.38	299.83	286.46	361.10	366.19
Short Term Investments		--	179.13
Cash and Short Term Investments	199.56	358.85	505.83	379.18	304.18	278.38	299.83	286.46	361.10	366.19
Accounts Receivable - Trade, Gross	390.65	409.71	411.22	281.76	272.01	345.52	375.53	369.32	393.28	329.80
Provision for Doubtful Accounts	-16.00	-12.83	-15.94	-7.77	-7.30	-7.86	-8.40	-8.65	-7.08	-7.86
Accounts Receivable - Trade, Net	374.65	396.89	395.28	273.99	264.72	337.66	367.13	360.66	386.20	321.95
Total Receivables, Net	374.65	396.89	395.28	273.99	264.72	337.66	367.13	360.66	386.20	321.95
Inventories - Finished Goods	213.29	204.06	200.40	138.04	148.46	187.49	198.52	203.12	213.94	167.79
Inventories - Work In Progress	63.74	53.95	50.70	40.56	39.56	41.16	38.96	41.81	42.10	38.71
Inventories - Raw Materials	116.72	103.82	97.58	76.81	87.92	112.41	112.48	119.96	117.19	85.23
Total Inventory	393.75	361.83	348.67	255.41	275.93	341.06	349.96	364.89	373.24	291.73
Prepaid Expenses				64.40
Deferred Income Tax - Current Asset					--		10.92		15.10	26.75
Other Current Assets	107.62	120.24	123.84	70.74	91.17	139.10	102.93	120.80	83.63	75.89
Other Current Assets, Total	107.62	120.24	123.84	70.74	91.17	139.10	113.85	120.80	98.73	102.64
Total Current Assets	1.08M	1.24M	1.37M	1.04M	936.00	1.10M	1.13M	1.13M	1.22M	1.08M
Buildings - Gross	427.17	414.70	421.72	335.89	362.33	371.40	373.37	343.87	322.63	313.86
Land/Improvements - Gross	71.68	61.78	66.65	46.22	45.78	46.55	48.37	44.51	42.89	43.70
Machinery/Equipment - Gross	856.27	781.14	776.44	706.94	696.85	711.74	723.72	732.46	724.80	712.36
Other Property/Plant/Equipment - Gross	51.53
Property/Plant/Equipment, Total - Gross	1.41M	1.26M	1.26M	1.09M	1.10M	1.13M	1.15M	1.12M	1.09M	1.07M
Accumulated Depreciation, Total	-825.77	-778.82	-787.78	-716.67	-693.63	-690.94	-661.45	-634.60	-619.87	-591.36
Property/Plant/Equipment, Total - Net	580.88	478.80	477.03	372.38	411.32	438.75	484.01	486.24	470.45	478.57
Goodwill, Net	337.11	281.29	234.58	231.92	187.50		174.72		65.10	45.95
Intangibles - Gross	324.57	274.90	243.71	210.33	193.14		205.25		129.28	110.27
Accumulated Intangible Amortization	-146.77	-126.96	-116.25	-97.36	-88.34		-58.24		-34.81	-29.02
Intangibles, Net	177.80	147.95	127.45	130.09	120.72		147.01		94.47	81.26
LT Investment - Affiliate Companies					27.24		26.62		24.62	22.91
LT Investments - Other					32.09		32.76		30.18	29.80
Long Term Investments					59.33		59.38		54.79	52.71
Pension Benefits - Overfunded					38.20		36.12			0.59
Deferred Income Tax - Long Term Asset	14.28	20.40	15.94	8.42	8.68		3.56		57.57	22.16
Other Long Term Assets	185.58	183.59	177.94	156.92	22.41	404.27	116.31	470.81	15.12	20.04
Other Long Term Assets, Total	199.85	203.99	193.87	165.34	69.30	404.27	155.98	470.81	72.69	42.79
Total Assets	2.37M	2.35M	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M	1.78M
Accounts Payable	273.00	268.60	269.76	176.76	152.62	209.75	212.80	209.65	176.31	147.11
Accrued Expenses	96.61	94.20	91.90	72.78	133.13		108.44		96.26	82.69
Notes Payable/Short Term Debt	34.86	--	2.02	1.76	2.82	68.17	14.58	18.22	19.92	11.28
Current Portion of Long Term Debt/Capital Leases	0.11	0.11	0.11	0.13	1.46		0.72	0.46	81.50	1.80
Dividends Payable	29.69	29.87	25.61	22.99	22.62		18.62		14.19	12.99
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
Other Current Liabilities	128.87	128.38	119.66	92.46	24.76	214.48	31.34	211.94	45.43	57.97
Other Current liabilities, Total	158.56	175.27	164.95	136.68	80.09	214.48	120.38	211.94	97.05	92.71
Total Current Liabilities	563.14	538.18	528.74	388.11	370.12	492.40	456.92	440.27	471.04	335.59
Long Term Debt	712.30	702.55	704.14	703.70	350.35	2.49	3.79	1.60	1.96	84.63
Total Long Term Debt	712.30	702.55	704.14	703.70	350.35	2.49	3.79	1.60	1.96	84.63
Total Debt	747.27	702.66	706.27	705.59	354.63	70.65	19.09	20.28	103.38	97.71
Deferred Income Tax - Long Term Liability	64.29	45.99	40.72	41.62	46.66		48.10		17.61	19.77
Deferred Income Tax	64.29	45.99	40.72	41.62	46.66		48.10		17.61	19.77
Minority Interest	0.91	0.65	0.82	0.73	0.86	3.23	4.09	15.95	16.30	15.98
Pension Benefits - Underfunded				24.70	15.24	32.80	27.00	216.19	232.18	121.99
Other Long Term Liabilities	212.41	175.52	200.50	73.11	69.35	125.75	85.37	73.49	60.75	72.33
Other Liabilities, Total	212.41	175.52	200.50	97.80	84.59	158.55	112.37	289.68	292.93	194.33
Total Liabilities	1.55M	1.46M	1.47M	1.23M	852.58	656.67	625.27	747.49	799.83	650.29
Common Stock	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86
Common Stock, Total	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86
Additional Paid-In Capital	389.45	360.31	334.31	309.42	272.91	258.82	240.52	205.12	179.10	162.45
Retained Earnings (Accumulated Deficit)	2.74M	2.56M	2.39M	2.24M	2.13M	2.09M	1.91M	1.68M	1.48M	1.32M
Treasury Stock - Common	-2,041.76	-1,753.93	-1,553.56	-1,514.83	-1,180.75	-783.68	-480.30	-319.88	-248.53	-217.41
Cumulative Translation Adjustment	-206.93	-213.38	-162.78	-233.69	-197.04	-90.72	8.38		6.58	33.84
Minimum Pension Liability Adjustment	-70.55	-82.05	-85.28	-95.94	-99.78	-197.89	-160.69		-255.37	-175.43
Other Comprehensive Income	1.63	1.69	0.88	0.59	0.55	-0.01	0.37	-235.40	0.91	-0.35
Other Equity, Total	-275.85	-293.74	-247.19	-329.04	-296.27	-288.62	-151.94	-235.40	-247.88	-141.95
Total Equity	818.17	886.94	931.64	711.48	931.59	1.28M	1.53M	1.34M	1.18M	1.13M
Total Liabilities & Shareholders' Equity	2.37M	2.35M	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M	1.78M
Shares Outstanding – Common Stock Primary Issue	60.59	63.55	65.66	65.67	70.69	77.00	81.01	82.94	83.76	84.24
Total Common Shares Outstanding	60.59	63.55	65.66	65.67	70.69	77.00	81.01	82.94	83.76	84.24
Treasury Shares – Common Primary Issue	37.99	35.04	32.92	32.91	27.89	21.58	17.57	15.64	14.82	14.34
Employees	11.00M	11.00M	11.00M	9.00M	10.00M	10.00M	10.00M	10.00M	9.93M	9.47M
Number of Common Shareholders	1.96M	1.75M	1.65M	1.71M	1.74M	1.77M		1.70M	1.75M	1.69M
Accumulated Intangible Amortization	146.77	126.96	116.25	97.36	88.34		58.24		34.81	29.02
Deferred Revenue - Current		17.02	19.68	21.24	16.11		24.32		15.47
Total Current Assets less Inventory	681.83	875.97	1.02M	788.31	660.07	755.15	780.81	767.93	846.03	790.78
Quick Ratio	1.21	1.63	1.94	2.03	1.78	1.53	1.71	1.74	1.80	2.36
Current Ratio	1.91	2.30	2.60	2.69	2.53	2.23	2.47	2.57	2.59	3.23
Net Debt	548.61	344.46	201.26	327.14	51.30	-204.49	-276.65	-250.24	-241.43	-252.51
Tangible Book Value	303.27	457.70	569.60	349.47	623.36	1.28M	1.20M	1.34M	1.02M	1.01M
Tangible Book Value per Share	5.01	7.20	8.67	5.32	8.82	16.66	14.87	16.18	12.15	11.95
Total Long Term Debt, Supplemental	710.92	711.05	713.18	713.01	355.48		17.54	20.28	82.20	82.33
Long Term Debt Maturing within 1 Year	0.10	0.11	2.13	1.89	4.28		15.30	18.68	80.50	0.86
Long Term Debt Maturing in Year 2	0.10	0.11	0.11	0.10	0.57		0.54	0.41	0.36	40.20
Long Term Debt Maturing in Year 3	0.10	0.11	0.11	0.10	0.11		0.45	0.31	0.36	40.20
Long Term Debt Maturing in Year 4	5.30	0.11	0.11	0.10	0.10		0.29	0.13	0.14	0.13
Long Term Debt Maturing in Year 5	5.30	10.61	0.11	0.10	0.10		0.20	0.13	0.14	0.13
Long Term Debt Maturing in 2-3 Years	0.21	0.22	0.22	0.21	0.67		0.98	0.72	0.72	80.40
Long Term Debt Maturing in 4-5 Years	10.61	10.71	0.22	0.20	0.21		0.49	0.27	0.27	0.25
Long Term Debt Maturing in Year 6 & Beyond	700.00	700.00	710.61	710.71	350.32		0.77	0.61	0.71	0.82
Total Capital Leases									0.90	1.87
Capital Lease Payments Due in Year 1									0.64	0.93
Capital Lease Payments Due in Year 2									0.07	0.39
Capital Lease Payments Due in Year 3									0.07	0.39
Capital Lease Payments Due in Year 4									0.04	0.04
Capital Lease Payments Due in Year 5									0.04	0.04
Capital Lease Payments Due in 2-3 Years									0.14	0.77
Capital Lease Payments Due in 4-5 Years									0.08	0.08
Capital Lease Payments Due in Year 6 & Beyond									0.05	0.09
Total Operating Leases	52.65	62.68	57.31	43.69	41.68	44.40	48.17	46.22	36.22	34.42
Operating Lease Payments Due in Year 1	15.24	16.92	19.21	12.27	12.16	12.37	13.26	12.62	10.62	10.57
Operating Lease Payments Due in Year 2	11.51	19.64	13.36	9.82	8.74	10.67	18.63	9.39	7.72	7.45
Operating Lease Payments Due in Year 3	8.77	7.72	8.97	7.67	6.62	7.90	9.71	6.87	5.44	4.97
Operating Lease Payments Due in Year 4	7.22	4.74	5.25	5.22	5.03	5.43		5.70	3.84	3.47
Operating Lease Payments Due in Year 5	5.79	3.63	4.89	3.82	3.56	4.13		4.56	3.33	2.35
Operating Lease Payments Due in 2-3 Years	20.28	27.36	22.33	17.49	15.36	18.57	28.34	16.26	13.16	12.42
Operating Lease Payments Due in 4-5 Years	13.01	8.37	10.14	9.04	8.58	9.55		10.26	7.17	5.82
Standardized Operating Lease Payments Due in Year 6 and Beyond	4.13	10.03	5.63	4.89	5.58	3.91	6.57	7.08	5.26	5.62
Pension Obligation - Domestic	492.51	438.95	507.08	564.73	558.17	1.05M	941.44	1.03M	991.98	851.95
Pension Obligation - Foreign	176.86	168.81	193.52
Plan Assets - Domestic	589.55	512.08	568.39	599.09	576.10	1.01M	940.00	813.90	749.46	726.47
Plan Assets - Foreign	105.67	100.19	113.34
Funded Status - Domestic	97.04	73.13	61.31	34.36	17.93	-34.53	-1.45	-219.83	-242.52	-125.47
Funded Status - Foreign	-71.19	-68.62	-80.18
Accumulated Obligation - Domestic			691.83	560.23	523.73	1.00M	891.40	976.03	949.49	818.29
Total Funded Status	25.86	4.51	-18.87	34.36	17.93	-34.53	-1.45	-219.83	-242.52	-125.47
Discount Rate - Domestic	3.40	4.40	3.70	4.10	4.50	4.10	4.70	3.80	4.20	5.30
Discount Rate - Foreign	1.70
Compensation Rate - Domestic	2.50	2.50	2.50	2.60	2.70	2.80	4.20	4.00	4.00	4.00
Compensation Rate - Foreign	2.60
Prepaid Benefits - Domestic	111.88	87.79	81.49	64.40	38.20	1.24			--	0.59
Prepaid Benefits - Foreign	--
Accrued Liabilities - Domestic	-14.84	-14.65	-20.17	-30.04	-20.27	-35.77	-37.56	-219.83	-242.52	-126.06
Accrued Liabilities - Foreign	-71.19
Other Assets, Net - Domestic	67.05	85.62	90.68	146.60	154.76	314.41	256.26	417.97	407.53	279.87
Other Assets, Net - Foreign	29.03
Net Assets Recognized on Balance Sheet	121.94	158.76	151.99	180.96	172.69	279.88	218.70	198.14	165.00	154.40
Equity % - Domestic		0.75	0.80	0.68	0.62			13.24	12.60	15.39
Debt Securities % - Domestic	75.98	79.84	75.97	25.72	22.93	0.48	0.50	0.64	81.57	78.48
Private Investments % - Domestic	4.51	6.91	6.58	6.57	7.01	3.76	3.46	3.33	2.37	1.25
Other Investments % - Domestic	19.51	32.06	36.59	67.03	69.44	95.76	96.04	82.80	3.46	4.88
Total Plan Obligations	669.37	607.76	700.60	564.73	558.17	1.05M	941.44	1.03M	991.98	851.95
Total Plan Assets	695.22	612.27	681.73	599.09	576.10	1.01M	940.00	813.90	749.46	726.47

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