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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 126.7 $ 103.0
Accounts receivable, net 170.4 143.2
Inventories 159.5 161.4
Income taxes receivable 5.9 12.5
Other current assets 11.2 7.4
Total current assets 473.7 427.5
Property, plant and equipment, net 324.9 330.3
Deferred income tax benefits 4.7 3.7
Investment in equity affiliates 51.5 52.4
Goodwill 396.5 337.4
Intangible assets 329.8 251.2
Other assets 74.1 69.2
Total assets 1,655.2 1,471.7
Current liabilities    
Current debt 1.9 1.9
Accounts payable 67.7 66.4
Income taxes payable 3.0 2.8
Accrued expenses and other current liabilities 69.8 86.5
Total current liabilities 142.4 157.6
Long-term debt 752.8 540.8
Long-term income tax payable 18.2 21.4
Pension and other postretirement benefits 31.3 31.6
Deferred income tax liabilities 45.1 48.2
Other liabilities 73.4 74.4
Total liabilities 1,063.2 874.0
Stockholders’ equity:    
Preferred stock, $0.10 par value; 10,000,000 shares authorized; none issued or outstanding 0.0 0.0
Common stock, $0.10 par value; 100,000,000 shares authorized; 31,193,345 and 30,896,661 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 3.1 3.1
Additional paid-in-capital 81.0 78.8
Retained earnings 646.2 638.4
Accumulated other comprehensive loss, net of tax (138.3) (122.6)
Total stockholders’ equity 592.0 597.7
Total liabilities and stockholders’ equity $ 1,655.2 $ 1,471.7