Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 161.4	$ 279.8
Accounts receivable, net	431.3	347.0
Inventories, net	312.1	287.0
Other current assets	46.4	47.0
Total current assets	951.2	960.8
Property, net	581.7	583.5
Goodwill	636.0	597.7
Intangible assets, net	347.6	344.6
Other non-current assets	103.3	108.5
Total assets	2,619.8	2,595.1
Current liabilities:
Short-term and current portion of long-term debt	18.4	18.6
Accounts payable	373.1	351.6
Accrued expenses and other current liabilities	140.2	127.9
Total current liabilities	531.7	498.1
Non-current liabilities:
Long-term debt	1,126.2	1,128.0
Pension and other post-retirement benefits	52.0	77.5
Deferred income taxes	27.5	33.8
Other non-current liabilities	150.6	152.5
Total non-current liabilities	1,356.3	1,391.8
Shareholders’ equity:
PolyOne shareholders’ equity	730.9	704.2
Noncontrolling interests	0.9	1.0
Total equity	731.8	705.2
Total liabilities and shareholders’ equity	$ 2,619.8	$ 2,595.1

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.