FUNDAMENTALS - ANNUAL BALANCE SHEET

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Update)
Cash & Equivalents 60.10 35.20 51.80 70.90
Cash and Short Term Investments 60.10 35.20 51.80 70.90
Accounts Receivable - Trade, Gross 0.00 0.00 0.00 0.00
Provision for Doubtful Accounts 0.00 0.00 0.00 0.00
Accounts Receivable - Trade, Net 248.70 245.60 234.00 233.50
Total Receivables, Net 248.70 245.60 234.00 233.50
Inventories - Finished Goods 135.20 116.70 131.80 130.50
Inventories - Work In Progress 52.10 53.70 54.70 48.50
Inventories - Raw Materials 126.70 120.60 120.70 111.10
Inventories - Other 0.00 0.00 0.00 0.00
Total Inventory 314.00 291.00 307.20 290.10
Prepaid Expenses 33.90 35.20 40.80 87.20
Total Current Assets 656.70 607.00 633.80 681.70
Buildings - Gross 624.20 523.20 405.50 386.00
Land/Improvements - Gross 96.70 63.80 51.70 50.20
Machinery/Equipment - Gross 1,698.50 1,336.90 1,094.10 1,008.60
Construction in Progress - Gross 324.50 454.50 548.10 423.90
Property/Plant/Equipment, Total - Gross 2,743.90 2,378.40 2,099.40 1,868.70
Accumulated Depreciation, Total -877.60 -752.80 -673.80 -630.50
Property/Plant/Equipment, Total - Net 1,866.30 1,625.60 1,425.60 1,238.20
Goodwill, Net 0.00 0.00 53.00 53.60
Intangibles, Net 148.70 72.20 5.90 6.20
LT Investment - Affiliate Companies 47.70 53.10 30.40 34.20
LT Investments - Other 0.00 0.00 0.00 0.00
Long Term Investments 47.70 53.10 30.40 34.20
Deferred Charges 0.00 0.00 0.00 0.00
Deferred Income Tax - Long Term Asset 0.00 0.00 0.00 0.00
Other Long Term Assets 61.50 42.70 38.70 22.50
Other Long Term Assets, Total 61.50 42.70 38.70 22.50
Total Assets 2,780.90 2,400.60 2,187.40 2,036.40
Accounts Payable 144.10 137.30 148.90 175.00
Accrued Expenses 113.70 130.30 143.70 134.30
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00
Current Portion of Long Term Debt/Capital Leases 4.30 4.30 0.00 1.30
Total Current Liabilities 262.10 271.90 292.60 310.60
Long Term Debt 805.60 684.40 576.50 415.00
Capital Lease Obligations 0.00 0.00 0.00 0.00
Total Long Term Debt 805.60 684.40 576.50 415.00
Total Debt 809.90 688.70 576.50 416.30
Pension Benefits - Underfunded 45.40 40.00 38.60 38.70
Other Long Term Liabilities 172.70 159.40 100.10 122.20
Other Liabilities, Total 218.10 199.40 138.70 160.90
Total Liabilities 1,285.80 1,155.70 1,007.80 886.50
Common Stock 1.10 1.10 1.10 1.00
Common Stock, Total 1.10 1.10 1.10 1.00
Additional Paid-In Capital 774.30 738.80 715.80 678.50
Retained Earnings (Accumulated Deficit) 1,496.10 1,254.70 1,044.40 845.50
Treasury Stock - Common -731.40 -575.30 -457.80 -305.40
Unrealized Gain (Loss) 14.80 -18.70 0.00 0.00
Cumulative Translation Adjustment -41.30 -141.10 0.00 0.00
Minimum Pension Liability Adjustment -18.50 -14.60 0.00 0.00
Other Comprehensive Income 0.00 0.00 -123.90 -69.70
Other Equity, Total -59.80 -155.70 -123.90 -69.70
Total Equity 1,495.10 1,244.90 1,179.60 1,149.90
Total Liabilities & Shareholders' Equity 2,780.90 2,400.60 2,187.40 2,036.40
Shares Outstanding – Common Stock Primary Issue 89.60 91.40 93.50 95.50
Total Common Shares Outstanding 89.60 91.40 93.50 95.50
Treasury Shares – Common Primary Issue 18.20 15.30 12.50 9.30
Employees 6,259.00 6,155.00 5,897.00 5,663.00
Number of Common Shareholders 609.00 658.00 729.00 804.00
Total Current Assets less Inventory 342.70 316.00 326.60 391.60
Quick Ratio 1.31 1.16 1.12 1.26
Current Ratio 2.51 2.23 2.17 2.19
Net Debt 749.80 653.50 524.70 345.40
Tangible Book Value 1,346.40 1,172.70 1,120.70 1,090.10
Tangible Book Value per Share 15.03 12.83 11.99 11.41
Total Long Term Debt, Supplemental 817.60 691.90 580.00 416.30
Long Term Debt Maturing within 1 Year 4.30 4.30 0.00 1.30
Long Term Debt Maturing in Year 2 9.50 3.70 0.00 0.00
Long Term Debt Maturing in Year 3 9.50 3.80 0.00 0.00
Long Term Debt Maturing in Year 4 59.50 3.70 280.00 0.00
Long Term Debt Maturing in Year 5 9.50 368.80 0.00 415.00
Long Term Debt Maturing in 2-3 Years 19.00 7.50 0.00 0.00
Long Term Debt Maturing in 4-5 Years 69.00 372.50 280.00 415.00
Long Term Debt Maturing in Year 6 & Beyond 725.30 307.60 300.00 0.00
Interest Costs 0.00 0.00 0.00 0.00
Total Capital Leases 0.00 0.00 0.00 0.00
Capital Lease Payments Due in Year 1 0.00 0.00 0.00 0.00
Capital Lease Payments Due in Year 2 0.00 0.00 0.00 0.00
Capital Lease Payments Due in Year 3 0.00 0.00 0.00 0.00
Capital Lease Payments Due in Year 4 0.00 0.00 0.00 0.00
Capital Lease Payments Due in Year 5 0.00 0.00 0.00 0.00
Capital Lease Payments Due in 2-3 Years 0.00 0.00 0.00 0.00
Capital Lease Payments Due in 4-5 Years 0.00 0.00 0.00 0.00
Capital Lease Payments Due in Year 6 & Beyond 0.00 0.00 0.00 0.00
Total Operating Leases 36.60 25.00 27.90 30.80
Operating Lease Payments Due in Year 1 10.60 8.60 8.70 8.20
Operating Lease Payments Due in Year 2 8.90 6.20 6.40 6.80
Operating Lease Payments Due in Year 3 6.90 3.80 4.50 5.20
Operating Lease Payments Due in Year 4 6.00 2.10 2.40 3.50
Operating Lease Payments Due in Year 5 1.80 1.50 1.70 2.00
Operating Lease Payments Due in 2-3 Years 15.80 10.00 10.90 12.00
Operating Lease Payments Due in 4-5 Years 7.80 3.60 4.10 5.50
Standardized Operating Lease Payments Due in Year 6 and Beyond 2.40 2.80 4.20 5.10
Pension Obligation - Domestic 21.40 19.70 17.70 19.10
Pension Obligation - Foreign 189.50 164.10 162.80 179.80
Post-Retirement Obligation 4.10 4.40 5.30 6.30
Plan Assets - Domestic 0.00 0.00 0.00 0.00
Plan Assets - Foreign 201.80 171.40 160.40 165.60
Plan Assets - Post-Retirement 0.00 0.00 0.00 0.00
Funded Status - Domestic -21.40 -19.70 -17.70 -19.10
Funded Status - Foreign 12.30 7.30 -2.40 -14.20
Funded Status - Post-Retirement -4.10 -4.40 -5.30 -6.30
Accumulated Obligation - Domestic 21.00 17.90 16.40 17.80
Accumulated Obligation - Foreign 20.90 17.70 17.10 18.00
Accumulated Obligation - Post-Retirement 4.10 4.40 5.30 6.30
Total Funded Status -13.20 -16.80 -25.40 -39.60
Discount Rate - Domestic 2.80 3.10 3.20 3.20
Discount Rate - Foreign 1.20 1.25 1.80 3.00
Discount Rate - Post-Retirement 3.00 3.30 3.40 3.20
Expected Rate of Return - Foreign 2.00 3.00 3.00 3.25
Compensation Rate - Domestic 0.00 3.00 3.00 3.00
Compensation Rate - Foreign 2.75 2.75 2.80 3.00
Intangible Assets - Foreign 0.00 0.00 0.00 17.50
Accrued Liabilities - Domestic -21.40 -19.70 -17.70 -19.10
Accrued Liabilities - Foreign -19.90 -16.60 -16.00 0.00
Accrued Liabilities - Post-Retirement -4.10 -4.40 -5.30 -6.30
Other Assets, Net - Domestic 3.10 -3.80 -4.00 -3.80
Other Assets, Net - Foreign -26.60 -22.10 -31.80 -35.50
Net Assets Recognized on Balance Sheet -68.90 -66.60 -74.80 -47.20
Equity % - Domestic 27.80 31.30 32.30 32.50
Debt Securities % - Domestic 49.60 45.20 36.30 36.50
Other Investments % - Domestic 22.60 23.50 31.40 31.00
Total Plan Obligations 215.00 188.20 185.80 205.20
Total Plan Assets 201.80 171.40 160.40 165.60

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In millions of USD (except for per share items)