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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 391.0 $ 121.2
Accounts receivable, net 187.1 160.8
Inventories 153.4 157.1
Prepaid expenses and other current assets 50.2 56.3
Current assets held for sale 0.0 254.1
Total current assets 781.7 749.5
Property, plant and equipment, net 208.9 218.8
Goodwill 474.6 485.3
Other intangible assets, net 448.4 466.9
Other assets 128.0 114.6
Total assets 2,041.6 2,035.1
Current liabilities    
Current maturities of long-term debt 3.9 4.1
Accounts payable 79.7 82.7
Accrued expenses 109.3 123.8
Income tax payable 88.4 13.5
Current liabilities held for sale 0.0 89.5
Total current liabilities 281.3 313.6
Long-term debt 491.1 625.2
Deferred taxes and non-current income taxes payable 67.1 74.6
Other liabilities 101.2 106.8
Total liabilities 940.7 1,120.2
Commitments and contingencies
Redeemable non-controlling interest 29.0 28.0
Shareholders’ equity    
Common stock – $.01 par value; 100,000,000 shares authorized; issued, 20,699,915 shares in 2020 and 20,785,346 shares in 2019 0.2 0.2
Additional paid-in capital 286.3 292.1
Retained earnings 845.5 632.2
Accumulated other comprehensive loss (58.9) (36.4)
Common stock held in treasury, at cost – 185,764 shares in 2020 and 186,516 shares in 2019 (1.2) (1.2)
Total shareholders’ equity 1,071.9 886.9
Total liabilities and equity $ 2,041.6 $ 2,035.1