Balance Sheet

  Year Ending Dec 2022 (Update) Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Reclassified)
Cash & Equivalents 327.80 406.00 355.30 390.80 373.30
Cash and Short Term Investments 327.80 406.00 355.30 390.80 373.30
Accounts Receivable - Trade, Gross 220.30 326.30 294.80 270.50 273.30
Provision for Doubtful Accounts -3.50 -2.00 -1.90 -1.10 -1.20
Accounts Receivable - Trade, Net 216.80 324.30 292.90 269.40 282.30
Receivables - Other 38.30 54.80 30.10 40.00 30.20
Total Receivables, Net 255.10 379.10 323.00 309.40 312.50
Inventories - Finished Goods 349.90 245.60 269.20 269.90 316.80
Inventories - Work In Progress 32.00 30.40 36.80 39.00 23.50
Inventories - Raw Materials 145.30 76.30 133.20 124.40 93.10
Inventories - Other 81.50 80.00 79.80 69.70 64.50
Total Inventory 608.70 432.30 519.00 503.00 497.90
Prepaid Expenses 48.60 38.50 19.00 15.00 16.30
Restricted Cash - Current 2.00 2.10 2.00 1.50 1.40
Deferred Income Tax - Current Asset 0.00 0.00 0.00 0.00 0.00
Other Current Assets, Total 2.00 2.10 2.00 1.50 1.40
Total Current Assets 1,242.20 1,258.00 1,218.30 1,219.70 1,201.40
Buildings - Gross 214.70 222.20 233.90 211.40 211.70
Land/Improvements - Gross 41.90 43.90 44.10 40.40 41.00
Machinery/Equipment - Gross 1,093.20 1,122.10 1,173.70 1,113.10 1,102.60
Construction in Progress - Gross 76.50 72.70 56.10 54.90 38.00
Natural Resources - Gross 119.60 129.60 127.80 116.20 114.00
Other Property/Plant/Equipment - Gross 21.50 19.90 26.10 29.00 0.00
Property/Plant/Equipment, Total - Gross 1,567.40 1,610.40 1,661.70 1,565.00 1,507.30
Accumulated Depreciation, Total -1,061.40 -1,087.10 -1,111.00 -1,045.40 -1,020.90
Property/Plant/Equipment, Total - Net 506.00 523.30 550.70 519.60 486.40
LT Investment - Affiliate Companies 112.90 101.90 103.30 90.20 81.30
LT Investments - Other 3.20 4.20 2.20 3.30 3.40
Long Term Investments 116.10 106.10 105.50 93.50 84.70
Note Receivable - Long Term 0.00 0.00 0.00 0.00 0.00
Deferred Charges 0.00 0.00 0.00 0.00 0.90
Pension Benefits - Overfunded 0.00 0.00 0.00 0.00 0.80
Deferred Income Tax - Long Term Asset 52.00 106.80 151.00 127.70 122.00
Restricted Cash - Long Term 4.80 4.50 4.70 0.00 0.00
Other Long Term Assets 13.30 14.10 6.50 5.30 1.90
Other Long Term Assets, Total 70.10 125.40 162.20 133.00 125.60
Total Assets 1,934.40 2,012.80 2,036.70 1,965.80 1,898.10
Accounts Payable 200.10 161.80 138.90 158.50 130.30
Accrued Expenses 52.30 61.30 63.60 59.70 57.60
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00 0.00
Current Portion of Long Term Debt/Capital Leases 1.10 1.40 0.70 1.50 1.50
Income Taxes Payable 13.30 12.30 15.70 10.10 9.00
Other Payables 59.90 52.00 41.30 40.80 35.00
Deferred Income Tax - Current Liability 0.00 0.00 0.00 0.00 0.00
Other Current Liabilities 0.00 0.00 0.00 0.00 0.00
Other Current liabilities, Total 73.20 64.30 57.00 50.90 44.00
Total Current Liabilities 326.70 288.80 260.20 270.60 233.40
Long Term Debt 424.10 449.80 486.70 444.00 455.10
Total Long Term Debt 424.10 449.80 486.70 444.00 455.10
Total Debt 425.20 451.20 487.40 445.50 456.60
Deferred Income Tax - Long Term Liability 26.40 28.10 24.60 20.70 21.50
Deferred Income Tax 26.40 28.10 24.60 20.70 21.50
Reserves 0.00 0.00 0.00 0.00 0.00
Pension Benefits - Underfunded 139.30 301.90 387.50 321.40 277.60
Other Long Term Liabilities 60.70 74.00 81.20 93.00 70.70
Other Liabilities, Total 200.00 375.90 468.70 414.40 348.30
Total Liabilities 977.20 1,142.60 1,240.20 1,149.70 1,058.30
Common Stock 1.20 1.20 1.20 1.20 1.20
Common Stock, Total 1.20 1.20 1.20 1.20 1.20
Additional Paid-In Capital 1,394.30 1,395.40 1,395.30 1,396.20 1,399.10
Retained Earnings (Accumulated Deficit) -105.40 -122.10 -151.80 -132.50 -136.20
Treasury Stock - Common -1.40 -0.20 0.00 0.00 0.00
Unrealized Gain (Loss) 0.00 0.00 0.00 0.00 0.00
Cumulative Translation Adjustment -269.20 -240.40 -233.40 -246.80 0.00
Minimum Pension Liability Adjustment -62.30 -163.70 -214.80 -202.00 0.00
Other Comprehensive Income 0.00 0.00 0.00 0.00 -424.30
Other Equity, Total -331.50 -404.10 -448.20 -448.80 -424.30
Total Equity 957.20 870.20 796.50 816.10 839.80
Total Liabilities & Shareholders' Equity 1,934.40 2,012.80 2,036.70 1,965.80 1,898.10
Shares Outstanding – Common Stock Primary Issue 115.50 115.50 115.70 115.70 115.90
Total Common Shares Outstanding 115.50 115.50 115.70 115.70 115.90
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00 0.00
Employees 2,266.00 2,248.00 2,242.00 2,200.00 2,195.00
Number of Common Shareholders 1,700.00 1,700.00 1,800.00 1,800.00 1,900.00
Total Current Assets less Inventory 633.50 825.70 699.30 716.70 703.50
Quick Ratio 1.94 2.86 2.69 2.65 3.01
Current Ratio 3.80 4.36 4.68 4.51 5.15
Net Debt 97.40 45.20 132.10 54.70 83.30
Tangible Book Value 957.20 870.20 796.50 816.10 839.80
Tangible Book Value per Share 8.29 7.53 6.88 7.05 7.25
Total Long Term Debt, Supplemental 427.60 454.70 492.10 450.80 462.90
Long Term Debt Maturing within 1 Year 1.10 1.40 0.70 1.50 1.50
Long Term Debt Maturing in Year 2 0.00 1.00 0.70 0.70 1.50
Long Term Debt Maturing in Year 3 426.50 0.00 0.30 0.70 0.60
Long Term Debt Maturing in Year 4 0.00 452.30 0.00 0.00 0.60
Long Term Debt Maturing in Year 5 0.00 0.00 490.40 0.00 0.00
Long Term Debt Maturing in 2-3 Years 426.50 1.00 1.00 1.40 2.10
Long Term Debt Maturing in 4-5 Years 0.00 452.30 490.40 0.00 0.60
Long Term Debt Maturing in Year 6 & Beyond 0.00 0.00 0.00 447.90 458.70
Total Operating Leases 21.20 19.50 25.50 28.40 42.50
Operating Lease Payments Due in Year 1 4.50 4.20 7.40 7.10 6.20
Operating Lease Payments Due in Year 2 3.30 3.00 4.10 6.30 5.00
Operating Lease Payments Due in Year 3 2.70 2.10 2.70 3.60 4.20
Operating Lease Payments Due in Year 4 2.40 1.60 1.80 2.40 3.20
Operating Lease Payments Due in Year 5 1.50 1.40 1.30 1.60 2.40
Operating Lease Payments Due in 2-3 Years 6.00 5.10 6.80 9.90 9.20
Operating Lease Payments Due in 4-5 Years 3.90 3.00 3.10 4.00 5.60
Standardized Operating Lease Payments Due in Year 6 and Beyond 6.80 7.20 8.20 7.40 21.50
Pension Obligation - Domestic 13.20 17.70 19.40 18.30 16.90
Pension Obligation - Foreign 502.80 748.10 846.70 738.20 658.70
Post-Retirement Obligation 0.00 0.00 0.00 0.00 0.00
Plan Assets - Domestic 12.00 15.90 16.10 14.60 13.10
Plan Assets - Foreign 383.60 470.10 481.80 437.50 400.30
Funded Status - Domestic -1.20 -1.80 -3.30 -3.70 -3.80
Funded Status - Foreign -119.20 -278.00 -364.90 -300.70 -258.40
Funded Status - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Accumulated Obligation - Domestic 13.20 17.70 19.40 18.30 16.90
Accumulated Obligation - Foreign 488.00 723.70 819.70 712.20 633.50
Accumulated Obligation - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Total Funded Status -120.40 -279.80 -368.20 -304.40 -262.20
Discount Rate - Domestic 0.00 0.00 0.00 0.00 0.00
Discount Rate - Foreign 3.90 1.50 1.00 1.40 2.10
Discount Rate - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Compensation Rate - Foreign 2.70 2.60 2.60 2.60 2.60
Prepaid Benefits - Foreign 8.20 7.60 4.50 3.10 0.80
Accrued Liabilities - Domestic -0.90 -1.80 -3.30 -3.70 -3.80
Accrued Liabilities - Foreign 0.00 -278.00 -369.40 -303.80 -259.20
Accrued Liabilities - Post-Retirement 0.00 0.00 0.00 0.00 0.00
Other Assets, Net - Foreign 0.00 0.00 0.00 0.00 0.00
Net Assets Recognized on Balance Sheet 7.30 -272.20 -368.20 -304.40 -262.20
Equity % - Domestic 0.00 0.00 0.00 0.00 38.00
Equity % - Foreign 0.00 0.00 0.00 0.00 55.00
Debt Securities % - Domestic 0.00 0.00 0.00 0.00 46.00
Debt Securities % - Foreign 0.00 0.00 0.00 0.00 199.00
Real Estate % - Domestic 0.00 0.00 0.00 0.00 0.00
Real Estate % - Foreign 0.00 0.00 0.00 0.00 18.00
Other Investments % - Domestic 0.00 0.00 0.00 0.00 16.00
Other Investments % - Foreign 0.00 0.00 0.00 0.00 28.00
Total Plan Obligations 516.00 765.80 866.10 756.50 675.60
Total Plan Assets 395.60 486.00 497.90 452.10 413.40
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In millions of USD (except for per share items)