Balance Sheet

  Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update)
Cash & Equivalents 328.00 665.00 264.00 327.00 595.00
Short Term Investments 4.00 0.00 4.00 7.00 9.00
Cash and Short Term Investments 332.00 665.00 268.00 334.00 604.00
Accounts Receivable - Trade, Gross 1,143.00 1,025.00 157.00 157.00 209.00
Provision for Doubtful Accounts -13.00 -14.00 -10.00 -8.00 -8.00
Accounts Receivable - Trade, Net 1,130.00 1,011.00 965.00 929.00 950.00
Total Receivables, Net 1,130.00 1,011.00 965.00 929.00 950.00
Inventories - Finished Goods 688.00 584.00 565.00 522.00 495.00
Inventories - Raw Materials 484.00 333.00 296.00 302.00 328.00
Total Inventory 1,172.00 917.00 861.00 824.00 823.00
Prepaid Expenses 63.00 54.00 54.00 29.00 27.00
Deferred Income Tax - Current Asset 0.00 0.00 0.00 0.00 0.00
Other Current Assets 0.00 0.00 12.00 22.00 11.00
Other Current Assets, Total 0.00 0.00 12.00 22.00 11.00
Total Current Assets 2,697.00 2,647.00 2,160.00 2,138.00 2,415.00
Buildings - Gross 812.00 802.00 748.00 715.00 731.00
Land/Improvements - Gross 206.00 207.00 202.00 199.00 225.00
Machinery/Equipment - Gross 4,637.00 4,621.00 4,412.00 4,199.00 4,252.00
Other Property/Plant/Equipment - Gross 193.00 173.00 151.00 0.00 0.00
Property/Plant/Equipment, Total - Gross 5,848.00 5,803.00 5,513.00 5,113.00 5,208.00
Accumulated Depreciation, Total -3,232.00 -3,175.00 -3,056.00 -2,915.00 -2,991.00
Property/Plant/Equipment, Total - Net 2,616.00 2,628.00 2,457.00 2,198.00 2,217.00
Goodwill - Gross 1,057.00 0.00 0.00 0.00 0.00
Accumulated Goodwill Amortization -143.00 0.00 0.00 0.00 0.00
Goodwill, Net 914.00 902.00 801.00 791.00 803.00
Intangibles - Gross 687.00 673.00 634.00 627.00 632.00
Accumulated Intangible Amortization -253.00 -229.00 -197.00 -167.00 -139.00
Intangibles, Net 434.00 444.00 437.00 460.00 493.00
LT Investments - Other 0.00 0.00 0.00 0.00 0.00
Long Term Investments 0.00 0.00 0.00 0.00 0.00
Deferred Income Tax - Long Term Asset 0.00 23.00 13.00 10.00 9.00
Other Long Term Assets 338.00 214.00 172.00 131.00 143.00
Other Long Term Assets, Total 338.00 237.00 185.00 141.00 152.00
Total Assets 6,999.00 6,858.00 6,040.00 5,728.00 6,080.00
Accounts Payable 0.00 0.00 487.00 434.00 470.00
Payable/Accrued 774.00 599.00 0.00 0.00 0.00
Accrued Expenses 386.00 352.00 323.00 256.00 278.00
Notes Payable/Short Term Debt 308.00 438.00 82.00 169.00 120.00
Dividends Payable 44.00 43.00 42.00 42.00 44.00
Income Taxes Payable 0.00 26.00 16.00 27.00 22.00
Deferred Income Tax - Current Liability 0.00 0.00 0.00 0.00 0.00
Other Current Liabilities 0.00 0.00 17.00 18.00 23.00
Other Current liabilities, Total 44.00 69.00 75.00 87.00 89.00
Total Current Liabilities 1,512.00 1,458.00 967.00 946.00 957.00
Long Term Debt 1,738.00 1,748.00 1,766.00 1,931.00 1,744.00
Total Long Term Debt 1,738.00 1,748.00 1,766.00 1,931.00 1,744.00
Total Debt 2,046.00 2,186.00 1,848.00 2,100.00 1,864.00
Deferred Income Tax - Long Term Liability 165.00 217.00 195.00 189.00 199.00
Deferred Income Tax 165.00 217.00 195.00 189.00 199.00
Minority Interest 89.00 91.00 21.00 20.00 26.00
Pension Benefits - Underfunded 123.00 139.00 132.00 122.00 121.00
Other Long Term Liabilities 272.00 254.00 239.00 132.00 142.00
Other Liabilities, Total 395.00 393.00 371.00 254.00 263.00
Total Liabilities 3,899.00 3,907.00 3,320.00 3,340.00 3,189.00
Redeemable Convertible Preferred Stock 0.00 0.00 0.00 0.00 0.00
Redeemable Preferred Stock, Total 0.00 0.00 0.00 0.00 0.00
Convertible Preferred Stock – Non-Redeemable 0.00 0.00 0.00 0.00 0.00
Preferred Stock - Non Redeemable, Net 0.00 0.00 0.00 0.00 0.00
Common Stock 1.00 1.00 1.00 1.00 1.00
Common Stock, Total 1.00 1.00 1.00 1.00 1.00
Additional Paid-In Capital 1,158.00 1,150.00 1,137.00 1,096.00 1,138.00
Retained Earnings (Accumulated Deficit) 3,899.00 3,957.00 3,780.00 3,536.00 3,259.00
Treasury Stock - Common -1,061.00 -1,024.00 -1,040.00 -1,091.00 -494.00
Unrealized Gain (Loss) 0.00 0.00 0.00 0.00 2.00
Cumulative Translation Adjustment -903.00 -1,114.00 -1,089.00 -1,080.00 -951.00
Minimum Pension Liability Adjustment -42.00 -61.00 -60.00 -69.00 -51.00
Other Comprehensive Income 48.00 42.00 -9.00 -5.00 -13.00
Other Equity, Total -897.00 -1,133.00 -1,158.00 -1,154.00 -1,015.00
Total Equity 3,100.00 2,951.00 2,720.00 2,388.00 2,891.00
Total Liabilities & Shareholders' Equity 6,999.00 6,858.00 6,040.00 5,728.00 6,080.00
Shares Outstanding – Common Stock Primary Issue 66.66 67.02 66.82 66.53 71.99
Total Common Shares Outstanding 66.66 67.02 66.82 66.53 71.99
Treasury Shares – Common Primary Issue 11.15 10.80 10.99 11.28 5.82
Employees 12,000.00 12,000.00 11,000.00 11,000.00 11,000.00
Number of Common Shareholders 3,295.00 3,491.00 3,633.00 3,911.00 4,160.00
Accumulated Goodwill Amortization 143.00 0.00 0.00 0.00 0.00
Accumulated Intangible Amortization 253.00 229.00 197.00 167.00 139.00
Total Current Assets less Inventory 1,525.00 1,730.00 1,299.00 1,314.00 1,592.00
Quick Ratio 1.01 1.19 1.34 1.39 1.66
Current Ratio 1.78 1.82 2.23 2.26 2.52
Net Debt 1,803.00 1,612.00 1,601.00 1,786.00 1,286.00
Tangible Book Value 1,752.00 1,605.00 1,482.00 1,137.00 1,595.00
Tangible Book Value per Share 26.28 23.95 22.18 17.09 22.15
Total Long Term Debt, Supplemental 0.00 1,748.00 1,766.00 1,931.00 1,745.00
Long Term Debt Maturing within 1 Year 0.00 0.00 300.00 165.00 0.00
Long Term Debt Maturing in Year 2 0.00 0.00 300.00 508.00 497.50
Long Term Debt Maturing in Year 3 0.00 11.00 416.00 508.00 497.50
Long Term Debt Maturing in Year 4 0.00 0.50 0.00 0.00 0.00
Long Term Debt Maturing in Year 5 0.00 0.50 0.00 0.00 0.00
Long Term Debt Maturing in 2-3 Years 0.00 11.00 716.00 1,016.00 995.00
Long Term Debt Maturing in 4-5 Years 0.00 1.00 0.00 0.00 0.00
Long Term Debt Maturing in Year 6 & Beyond 0.00 1,736.00 750.00 750.00 750.00
Total Operating Leases 201.00 182.00 161.00 213.00 197.00
Operating Lease Payments Due in Year 1 52.00 51.00 49.00 53.00 45.00
Operating Lease Payments Due in Year 2 43.00 43.00 39.00 44.00 40.00
Operating Lease Payments Due in Year 3 33.00 33.00 30.00 40.00 31.00
Operating Lease Payments Due in Year 4 24.00 23.00 23.00 27.00 25.00
Operating Lease Payments Due in Year 5 19.00 15.00 15.00 22.00 20.00
Operating Lease Payments Due in 2-3 Years 76.00 76.00 69.00 84.00 71.00
Operating Lease Payments Due in 4-5 Years 43.00 38.00 38.00 49.00 45.00
Standardized Operating Lease Payments Due in Year 6 and Beyond 30.00 17.00 5.00 27.00 36.00
Pension Obligation - Domestic 383.00 409.00 387.00 357.00 393.00
Pension Obligation - Foreign 254.00 275.00 254.00 223.00 248.00
Post-Retirement Obligation 65.00 68.00 69.00 64.00 70.00
Plan Assets - Domestic 420.00 439.00 408.00 353.00 404.00
Plan Assets - Foreign 244.00 249.00 231.00 207.00 235.00
Funded Status - Domestic 37.00 30.00 21.00 -4.00 11.00
Funded Status - Foreign -10.00 -26.00 -23.00 -16.00 -13.00
Funded Status - Post-Retirement -65.00 -68.00 -69.00 -64.00 -70.00
Accumulated Obligation - Domestic 4.00 4.00 10.00 9.00 11.00
Accumulated Obligation - Post-Retirement 65.00 68.00 69.00 64.00 70.00
Total Funded Status -38.00 -64.00 -71.00 -84.00 -72.00
Discount Rate - Domestic 2.58 3.34 4.38 3.70 4.30
Discount Rate - Foreign 2.84 3.55 4.33 4.02 4.34
Discount Rate - Post-Retirement 4.10 5.30 5.30 5.30 5.75
Compensation Rate - Domestic 4.26 4.21 4.31 4.42 4.54
Compensation Rate - Foreign 3.54 3.68 3.63 3.58 4.31
Prepaid Benefits - Domestic 47.00 41.00 32.00 7.00 23.00
Prepaid Benefits - Foreign 44.00 36.00 31.00 32.00 37.00
Accrued Liabilities - Domestic -10.00 -11.00 -11.00 -11.00 -12.00
Accrued Liabilities - Foreign -54.00 -62.00 -54.00 -48.00 -50.00
Accrued Liabilities - Post-Retirement -65.00 -68.00 -69.00 -64.00 -70.00
Other Assets, Net - Domestic 6.00 7.00 9.00 34.00 15.00
Other Assets, Net - Foreign 38.00 62.00 63.00 57.00 55.00
Net Assets Recognized on Balance Sheet 6.00 5.00 1.00 7.00 -2.00
Equity % - Domestic 14.00 20.00 21.00 19.00 26.00
Equity % - Foreign 18.00 18.00 17.00 16.00 39.00
Debt Securities % - Domestic 85.00 79.00 78.00 80.00 73.00
Debt Securities % - Foreign 57.00 58.00 63.00 64.00 46.00
Other Investments % - Domestic 1.00 1.00 1.00 1.00 1.00
Other Investments % - Foreign 25.00 24.00 20.00 20.00 15.00
Total Plan Obligations 702.00 752.00 710.00 644.00 711.00
Total Plan Assets 664.00 688.00 639.00 560.00 639.00
For a more complete picture of our financial results, please review our SEC Filings

Copyright Refinitiv

In millions of USD (except for per share items)



Search Investor Relations