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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 78.7 $ 69.5
Receivables, less allowances for doubtful accounts of $25.0 million at December 31, 2019, and $27.4 million at December 31, 2018 456.1 497.6
Inventories 210.5 279.0
Prepaid expenses and other current assets 109.0 45.2
Current assets of discontinued operations 56.6 55.3
Total current assets 910.9 946.6
Property, plant and equipment—net 1,036.5 1,153.8
Operating lease right-of-use assets—net 97.9 0.0
Goodwill 103.0 44.5
Other intangible assets—net 137.2 112.6
Equity method investment in unconsolidated entity 3.6 4.0
Other long-term assets 127.5 89.2
Long-term assets of discontinued operations 0.5 118.4
Total assets 2,417.1 2,469.1
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 416.7 496.3
Other current liabilities 303.0 285.1
Short-term debt and current portion of long-term debt 40.0 42.9
Finance Lease, Liability, Current 7.7 5.0
Operating Lease, Liability, Current 30.2 0.0
Current liabilities of discontinued operations 15.8 22.0
Total current liabilities 813.4 851.3
Long-term debt 1,058.5 882.6
Finance lease obligations   10.3
Long-term lease liability 70.4 0.0
Long-term lease liability 6.0  
Deferred income taxes 2.8 32.1
Other long-term liabilities 221.1 231.8
Long-term liabilities of discontinued operations 0.6 0.8
Total liabilities 2,172.8 2,008.9
Commitments and contingencies (Note 11)
Shareholders’ equity (Note 19)    
Additional paid-in capital 847.4 861.3
Treasury stock, at cost, 1.6 million shares at December 31, 2019, and 2.7 million shares at December 31, 2018 (31.5) (56.6)
Accumulated deficit (423.5) (211.4)
Accumulated other comprehensive loss (167.2) (152.2)
Quad’s shareholders’ equity 226.6 442.5
Noncontrolling interests 17.7 17.7
Total shareholders’ equity and noncontrolling interests 244.3 460.2
Total liabilities and shareholders’ equity 2,417.1 2,469.1
Preferred Stock    
Shareholders’ equity (Note 19)    
Preferred stock, $0.01 par value; Authorized: 0.5 million shares; Issued: None 0.0 0.0
Common Class A    
Shareholders’ equity (Note 19)    
Common stock, Class C, $0.025 par value; Authorized: 20 million shares; Issued: 0.5 million shares at December 31, 2019 and 2018 1.0 1.0
Common Class B    
Shareholders’ equity (Note 19)    
Common stock, Class C, $0.025 par value; Authorized: 20 million shares; Issued: 0.5 million shares at December 31, 2019 and 2018 0.4 0.4
Common Class C    
Shareholders’ equity (Note 19)    
Common stock, Class C, $0.025 par value; Authorized: 20 million shares; Issued: 0.5 million shares at December 31, 2019 and 2018 $ 0.0 $ 0.0