Consolidated Balance Sheet
| at November 30 (millions) |
2005
|
2004
|
| Current assets |
|
|
|
|
| Cash and cash equivalents |
$ |
30.3 |
$ |
70.3 |
| Receivables, less allowances of $5.4 for 2005 and $6.7 for 2004 |
|
369.3 |
|
407.6 |
| Inventories |
|
344.0 |
|
350.2 |
| Prepaid expenses and other current assets |
|
56.6 |
|
35.9 |
| Total current assets |
|
800.2 |
|
864.0 |
| Property, plant and equipment, net |
|
469.7 |
|
486.6 |
| Goodwill, net |
|
663.9 |
|
712.9 |
| Intangible assets, net |
|
158.3 |
|
115.2 |
| Prepaid allowances |
|
42.3 |
|
56.8 |
| Investments and other assets |
|
138.3 |
|
134.1 |
| Total assets |
$ |
2,272.7 |
$ |
2,369.6 |
|
|
|
|
|
|
| Current liabilities |
|
|
|
|
| Short-term borrowings |
$ |
105.4 |
$ |
140.2 |
| Current portion of long-term debt |
|
.7 |
|
33.0 |
| Trade accounts payable |
|
198.2 |
|
195.1 |
| Other accrued liabilities |
|
394.7 |
|
404.4 |
| Total current liabilities |
|
699.0 |
|
772.7 |
| Long-term debt |
|
463.9 |
|
465.0 |
| Other long-term liabilities |
|
280.7 |
|
211.2 |
| Total liabilities |
|
1,443.6 |
|
1,448.9 |
| |
|
|
|
|
| Minority interest |
|
29.2 |
|
31.0 |
| Shareholders' equity |
|
|
|
|
| Common stock, no par value; authorized 320.0 shares; issued and |
|
|
|
|
| outstanding: 2005- 14.5 shares, 2004-14.6 shares |
|
152.6 |
|
130.0 |
| Common stock non-voting, no par value; authorized 320.0 shares; |
|
|
|
|
| issued and outstanding: 2005- 118.1 shares, 2004-120.9 shares |
|
234.3 |
|
206.0 |
| Retained earnings |
|
385.4 |
|
434.1 |
| Accumulated other comprehensive income |
|
27.6 |
|
119.6 |
| Total shareholders' equity |
|
799.9 |
|
889.7 |
| Total liabilities and shareholders' equity |
$ |
2,272.7 |
$ |
2,369.6 |
See Notes to Consolidated Financial Statements
|
