|
June 30, |
|
|
|
|
|
|
2000 |
|
1999 |
|
|
|
|
| Trade accounts receivable: |
|
|
|
|
|
Trade |
$ |
110.1 |
$ |
140.4 |
|
Allowance for doubtful accounts |
|
(0.9) |
|
(1.4) |
|
|
|
|
|
|
Trade accounts receivable, net |
$ |
109.2 |
$ |
139.0 |
|
|
|
|
| Inventories: |
|
|
|
|
|
Finished product |
$ |
295.2 |
$ |
219.1 |
|
Raw materials and supplies |
|
19.0 |
|
17.7 |
|
Other, principally packaging material |
|
111.1 |
|
106.2 |
|
|
|
|
|
|
Total inventories |
$ |
425.3 |
$ |
343.0 |
|
|
|
|
| Property, plant and equipment: |
|
|
|
|
|
Land and land improvements |
$ |
41.8 |
$ |
41.9 |
|
Buildings and leasehold improvements |
|
109.7 |
|
107.0 |
|
Machinery and equipment |
|
356.5 |
|
321.8 |
|
Construction in progress |
|
50.6 |
|
39.1 |
|
|
|
|
|
|
558.6 |
|
509.8 |
|
Accumulated depreciation |
|
(216.8) |
|
(197.3) |
|
|
|
|
|
|
Property, plant and equipment, net |
$ |
341.8 |
$ |
312.5 |
|
|
|
|
| Intangible assets: |
|
|
|
|
|
Trademark |
$ |
16.5 |
$ |
16.5 |
|
Other intangibles |
|
28.7 |
|
28.6 |
|
|
|
|
|
|
45.2 |
|
45.1 |
|
Accumulated amortization |
|
(3.6) |
|
(1.8) |
|
|
|
|
|
|
Intangible assets, net |
$ |
41.6 |
$ |
43.3 |
|
|
|
|
| Other assets: |
|
|
|
|
|
Deferred debt issue costs |
$ |
21.1 |
$ |
21.3 |
|
Investments in joint ventures |
|
5.1 |
|
— |
|
Other |
|
0.8 |
|
— |
|
Accumulated amortization |
|
(9.4) |
|
(6.6) |
|
|
|
|
|
|
Other assets, net |
$ |
17.6 |
$ |
14.7 |
|
|
|
|
|
|
|
|
|
|
|
June 30, |
|
|
|
|
|
|
|
|
2000 |
|
1999 |
|
|
|
|
| Accounts payable and accrued expenses: |
|
|
|
|
|
Accounts payable—trade |
$ |
96.9 |
$ |
104.1 |
|
Marketing and advertising |
|
71.0 |
|
95.8 |
|
Payroll and employee benefits |
|
19.4 |
|
19.4 |
|
Current portion of accrued pension liability |
|
— |
|
8.8 |
|
Current portion of other noncurrent liabilities |
|
9.5 |
|
9.0 |
|
Other |
|
42.1 |
|
30.0 |
|
|
|
|
|
|
Total accounts payable and accrued expenses |
$ |
238.9 |
$ |
267.1 |
|
|
|
|
| Other noncurrent liabilities: |
|
|
|
|
|
Accrued postretirement benefits |
$ |
136.0 |
$ |
142.8 |
|
Accrued pension liability |
|
— |
|
2.3 |
|
Self-insurance liabilities |
|
5.1 |
|
9.7 |
|
Other |
|
18.0 |
|
25.1 |
|
|
|
|
|
|
Total other noncurrent liabilities |
$ |
159.1 |
$ |
179.9 |
|
|
|
|
