PENTAIR LTD | 2013 | FY | 3


Supplemental Balance Sheet Information
  
December 31
In millions
2013
2012
Inventories
 
 
Raw materials and supplies
$
557.2

$
615.1

Work-in-process
166.5

207.6

Finished goods
519.6

511.2

Total inventories
$
1,243.3

$
1,333.9

Other current assets
 
 
Cost in excess of billings
$
100.8

$
124.4

Prepaid expenses
103.9

89.0

Deferred income taxes
162.0

82.6

Other current assets
22.7

38.5

Total other current assets
$
389.4

$
334.5

Property, plant and equipment, net
 
 
Land and land improvements
$
251.3

$
248.6

Buildings and leasehold improvements
516.8

474.4

Machinery and equipment
1,208.0

1,073.0

Construction in progress
72.6

102.9

Total property, plant and equipment
2,048.7

1,898.9

Accumulated depreciation and amortization
878.7

710.7

Total property, plant and equipment, net
$
1,170.0

$
1,188.2

Other non-current assets
 
 
Asbestos-related insurance receivable
$
119.6

$
131.0

Deferred income taxes
93.6

68.7

Other non-current assets
217.7

252.6

Total other non-current assets
$
430.9

$
452.3

Other current liabilities
 
 
Deferred revenue and customer deposits
$
92.4

$
127.2

Dividends payable
98.7

95.0

Billings in excess of cost
38.1

61.1

Accrued warranty
56.6

54.3

Other current liabilities
378.2

440.7

Total other current liabilities
$
664.0

$
778.3

Other non-current liabilities
 
 
Asbestos-related liabilities
$
254.7

$
278.9

Taxes payable
48.9

50.5

Other non-current liabilities
153.8

165.7

Total other non-current liabilities
$
457.4

$
495.1


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