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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 441.0 $ 121.2
Accounts receivable, net 163.4 160.8
Inventories 124.8 157.1
Prepaid expenses and other current assets 46.1 56.3
Current assets held for sale 41.2 254.1
Total current assets 816.5 749.5
Property, plant and equipment, net 182.5 218.8
Goodwill 486.9 485.3
Other intangible assets, net 422.5 466.9
Other assets 115.6 114.6
Total assets 2,024.0 2,035.1
Current liabilities    
Current maturities of long-term debt 3.9 4.1
Accounts payable 69.0 82.7
Accrued expenses 154.1 137.3
Current liabilities held for sale 16.1 89.5
Total current liabilities 243.1 313.6
Long-term debt 489.3 625.2
Deferred taxes and non-current income taxes payable 97.9 74.6
Other liabilities 97.3 106.8
Total liabilities 927.6 1,120.2
Commitments and contingencies
Redeemable non-controlling interest 30.5 28.0
Shareholders’ equity    
Common stock – $.01 par value; 100,000,000 shares authorized; issued, 20,718,526 shares in 2020 and 20,785,346 shares in 2019 0.2 0.2
Additional paid-in capital 288.5 292.1
Retained earnings 808.5 632.2
Accumulated other comprehensive loss (30.1) (36.4)
Common stock held in treasury, at cost – 183,418 shares in 2020 and 186,516 shares in 2019 (1.2) (1.2)
Total shareholders’ equity 1,065.9 886.9
Total liabilities and equity $ 2,024.0 $ 2,035.1