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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 424.3 $ 121.2
Accounts receivable, net 157.3 160.8
Inventories 153.0 157.1
Prepaid expenses and other current assets 53.7 56.3
Current assets held for sale 0.9 254.1
Total current assets 789.2 749.5
Property, plant and equipment, net 206.4 218.8
Goodwill 489.4 485.3
Other intangible assets, net 442.7 466.9
Other assets 127.7 114.6
Total assets 2,055.4 2,035.1
Current liabilities    
Current maturities of long-term debt 3.9 4.1
Accounts payable 66.8 82.7
Accrued expenses 117.4 123.8
Income tax payable 73.1 13.5
Current liabilities held for sale 0.2 89.5
Total current liabilities 261.4 313.6
Long-term debt 490.3 625.2
Deferred taxes and non-current income taxes payable 87.7 74.6
Other liabilities 102.1 106.8
Total liabilities 941.5 1,120.2
Commitments and contingencies
Redeemable non-controlling interest 29.7 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 287.8 292.1
Retained earnings 833.6 632.2
Accumulated other comprehensive loss (36.2) (36.4)
Common stock held in treasury, at cost – 184,458 shares in 2020 and 186,516 shares in 2019 (1.2) (1.2)
Total shareholders’ equity 1,084.2 886.9
Total liabilities and equity $ 2,055.4 $ 2,035.1