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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2019
Dec. 29, 2018
ASSETS    
Cash and cash equivalents $ 123.2 $ 149.0
Accounts receivable, less allowances of $63.6 and $45.3, respectively 110.7 144.7
Inventories 245.2 257.7
Non-trade amounts receivable, net 39.1 49.9
Prepaid expenses and other current assets 20.3 19.3
Total current assets 538.5 620.6
Deferred income tax benefits, net 186.1 217.0
Property, plant and equipment, net 267.5 276.0
Operating lease assets 84.1 0.0
Long-term receivables, less allowances of $13.9 and $16.0, respectively 15.0 18.7
Trademarks and tradenames, net 24.6 52.9
Goodwill 59.5 76.1
Other assets, net 87.1 47.5
Total assets 1,262.4 1,308.8
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 125.4 129.2
Short-term borrowings and current portion of long-term debt and finance lease obligations 273.2 285.5
Accrued liabilities 290.3 344.4
Total current liabilities 688.9 759.1
Long-term debt and finance lease obligations 602.2 603.4
Operating lease liabilities 56.0 0.0
Other liabilities 192.3 181.5
Shareholders' deficit:    
Preferred stock, $0.01 par value, 200,000,000 shares authorized; none issued 0.0 0.0
Common stock, $0.01 par value, 600,000,000 shares authorized; 63,607,090 shares issued 0.6 0.6
Paid-in capital 215.0 219.3
Retained earnings 1,067.3 1,086.8
Treasury stock, 14,678,742 and 14,940,286 shares, respectively, at cost (921.6) (939.8)
Accumulated other comprehensive loss (638.3) (602.1)
Total shareholders' deficit (277.0) (235.2)
Total liabilities and shareholders' deficit $ 1,262.4 $ 1,308.8