Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 155.4	$ 279.8
Accounts receivable, net	429.2	347.0
Inventories, net	323.5	287.0
Other current assets	40.8	47.0
Total current assets	948.9	960.8
Property, net	579.9	583.5
Goodwill	634.8	597.7
Intangible assets, net	353.1	344.6
Other non-current assets	107.7	108.5
Total assets	2,624.4	2,595.1
Current liabilities:
Short-term and current portion of long-term debt	18.6	18.6
Accounts payable	383.4	351.6
Accrued expenses and other current liabilities	116.4	127.9
Total current liabilities	518.4	498.1
Non-current liabilities:
Long-term debt	1,174.3	1,128.0
Pension and other post-retirement benefits	55.6	77.5
Deferred income taxes	34.1	33.8
Other non-current liabilities	148.5	152.5
Total non-current liabilities	1,412.5	1,391.8
Shareholders’ equity:
PolyOne shareholders’ equity	692.6	704.2
Noncontrolling interests	0.9	1.0
Total equity	693.5	705.2
Total liabilities and shareholders’ equity	$ 2,624.4	$ 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.