Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 80.6	$ 55.2
Receivables, less allowance for credit losses of $33.3 million at March 31, 2021, and $33.8 million at December 31, 2020	340.3	399.1
Inventories	162.0	170.2
Prepaid expenses and other current assets	50.8	54.7
Total current assets	633.7	679.2
Property, plant and equipment—net	850.7	884.2
Operating lease right-of-use assets—net	78.7	81.0
Goodwill	103.0	103.0
Other intangible assets—net	95.9	104.3
Equity method investment in unconsolidated entity	2.5	2.6
Other long-term assets	72.7	73.4
Total assets	1,837.2	1,927.7
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	330.0	320.0
Other current liabilities	251.5	310.8
Short-term debt and current portion of long-term debt	16.8	20.7
Current portion of finance lease obligations	2.7	2.8
Current portion of operating lease obligations	27.7	28.4
Liabilities, Current, Total	628.7	682.7
Long-term debt	871.3	902.7
Finance lease obligations	1.8	2.0
Operating lease obligations	53.0	54.5
Deferred income taxes	5.1	4.2
Other long-term liabilities	184.2	196.8
Liabilities, Total	1,744.1	1,842.9
Commitments and contingencies (Note 10)
Shareholders’ equity
Preferred stock	0.0	0.0
Additional paid-in capital	835.5	833.1
Treasury stock, at cost	(13.2)	(13.1)
Accumulated deficit	(555.8)	(566.0)
Accumulated other comprehensive loss	(175.5)	(171.3)
Quad’s shareholders’ equity	92.4	84.1
Noncontrolling interests	0.7	0.7
Total shareholders’ equity and noncontrolling interests	93.1	84.8
Total liabilities and shareholders’ equity	1,837.2	1,927.7
Common Class A
Shareholders’ equity
Common stock	1.0	1.0
Common Class B
Shareholders’ equity
Common stock	0.4	0.4
Common Class C
Shareholders’ equity
Common stock	$ 0.0	$ 0.0