Years Ended December 31,

1999

1998

Assets

Current assets

Trade and other receivables

Inventories

Deferred income taxes

21.5

60.5

Property, plant and equipment, net

Intangibles, less accumulated amortization of $46.8 in 1999 and $27.6 in 1998

Goodwill, less accumulated amortization of $26.3 in 1999 and $14.9 in
1998

Other assets

305.9

399.9

344.7


93.9

309.4

419.1

356.1


92.1

Total assets

Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable
Notes payable
Current maturities of long-term debt
Accrued compensation
Other accrued expenses
Income taxes

$ 131.4
39.0
11.0
79.2
263.5
51.8

$ 84.7
111.2
23.9
70.0
368.3
61.2

Total current liabilities

Long-term debt, less current maturities
Deferred income taxes
Other liabilities

Total liabilities
Commitments and contingencies (see Note 14)
Stockholders’ equity
Preferred stock, $0.10 par value; authorized 10.0 shares; none issued
Common stock, $0.10 par value; authorized 75.0 shares;
shares issued 29.1 at 1999 and 1998; shares outstanding
29.0 at 1999 and 28.4 at 1998 2.9
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss:
Cumulative foreign currency translation adjustments
Treasury stock, at cost
Total stockholders’ equity
Total liabilities and stockholders’ equity

1,882.9


—


2.9
134.5
123.0

(24.3)
(8.2)
227.9
$2,110.8

2,006.4


—


2.9
131.9
35.4

(13.9 )
(29.4)
126.9
$2,133.3