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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 4.1 $ 2.8
Accounts and other notes receivable, net 36.6 33.1
Contracts retention 10.1 9.1
Costs and estimated earnings in excess of billings on uncompleted contracts 13.9 15.9
Inventories 66.2 81.9
Real estate held for sale 0.7 2.5
Deferred income taxes 5.7 8.3
Income tax receivable 4.2 6.7
Prepaid expenses and other assets 11.4 15.6
Total current assets 152.9 175.9
Investments in Affiliates 413.6 418.6
Real Estate Developments 181.2 224.0
Property – net 1,288.9 1,301.7
Intangible Assets - net 56.5 63.9
Goodwill 102.3 102.3
Other Assets 50.1 43.5
Total assets 2,245.5 2,329.9
Current Liabilities:    
Notes payable and current portion of long-term debt 47.7 74.5
Accounts payable 30.1 37.6
Billings in excess of costs and estimated earnings on uncompleted contracts 1.9 3.6
Accrued interest 3.1 5.7
Deferred revenue 1.8 16.5
Indemnity holdback related to Grace acquisition 9.3 9.3
Accrued and other liabilities 33.2 35.8
Total current liabilities 127.1 183.0
Long-term Liabilities:    
Long-term debt 546.7 631.5
Deferred income taxes 210.9 194.0
Accrued pension and postretirement benefits 53.2 54.8
Other non-current liabilities 52.0 51.8
Total long-term liabilities $ 862.8 $ 932.1
Commitments and Contingencies (Note 3)
Redeemable Noncontrolling Interest (Note 4) $ 9.8 $ 0.0
Equity:    
Common stock 1,150.3 1,147.3
Accumulated other comprehensive loss (42.2) (44.4)
Retained earnings 134.1 101.0
Total A&B Shareholders' equity 1,242.2 1,203.9
Noncontrolling interest 3.6 10.9
Total equity 1,245.8 1,214.8
Total liabilities and equity $ 2,245.5 $ 2,329.9