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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 279.8 $ 238.6
Accounts receivable, net 347.0 396.8
Inventories, net 287.0 309.0
Other current assets 47.0 54.0
Total current assets 960.8 998.4
Property, net 583.5 596.7
Goodwill 597.7 590.6
Intangible assets, net 344.6 362.7
Other non-current assets 108.5 117.9
Total assets 2,595.1 2,666.3
Current liabilities:    
Short-term and current portion of long-term debt 18.6 61.7
Accounts payable 351.6 365.9
Accrued expenses and other liabilities 127.9 172.9
Total current liabilities 498.1 600.5
Long-term debt 1,128.0 948.9
Pension and other post-retirement benefits 77.5 103.7
Deferred income taxes 33.8 57.7
Other non-current liabilities 152.5 178.3
Total non-current liabilities 1,391.8 1,288.6
SHAREHOLDERS' EQUITY    
Preferred stock, 40.0 shares authorized, no shares issued 0.0 0.0
Common Shares, $0.01 par, 400.0 shares authorized, 122.2 shares issued 1.2 1.2
Additional paid-in capital 1,155.6 1,155.4
Retained earnings 367.1 259.7
Common shares held in treasury, at cost, 36.9 shares in 2015 and 32.9 shares in 2014 (748.4) (597.7)
Accumulated other comprehensive loss (71.3) (42.3)
Total PolyOne shareholders' equity 704.2 776.3
Noncontrolling interest 1.0 0.9
Total equity 705.2 777.2
Total liabilities and equity $ 2,595.1 $ 2,666.3