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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 388.4 $ 282.5
Accounts receivable, net 641.7 539.1
Inventories, net 226.9 230.5
Prepaid expenses and other 77.4 72.1
Total current assets 1,334.4 1,124.2
Property, plant and equipment, net 1,080.7 1,046.2
Deferred income taxes 352.2 373.6
Goodwill 154.4 154.4
GM postretirement cost sharing asset 238.2 243.2
Other assets and deferred charges 272.8 261.1
Total assets 3,432.7 3,202.7
Current liabilities    
Current portion of long-term debt 3.4 3.3
Accounts payable 503.8 412.7
Accrued compensation and benefits 113.0 128.0
Deferred revenue 24.1 22.9
Accrued expenses and other 107.6 132.3
Total current liabilities 751.9 699.2
Long-term debt, net 1,403.3 1,375.7
Deferred revenue 57.1 65.7
Postretirement benefits and other long-term liabilities 763.0 760.6
Total liabilities 2,975.3 2,901.2
Stockholders' equity    
Common stock, par value $0.01 per share 0.9 0.8
Paid-in capital 649.4 638.9
Retained earnings 336.3 204.2
Treasury stock at cost, 6.5 million shares as of June 30, 2016 and 6.2 million shares as of December 31, 2015 (190.9) (185.9)
Accumulated other comprehensive loss    
Defined benefit plans, net of tax (219.2) (223.9)
Foreign currency translation adjustments (103.4) (119.2)
Unrecognized loss on cash flow hedges (15.7) (13.4)
Total stockholders’ equity 457.4 301.5
Total liabilities and stockholders' equity $ 3,432.7 $ 3,202.7