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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 2.2 $ 1.3
Accounts receivable, less allowances of $1.0 for 2016 and $1.7 for 2015 32.1 38.6
Contracts retention 13.1 11.5
Costs and estimated earnings in excess of billings on uncompleted contracts 16.4 16.3
Inventories 43.3 55.9
Real estate held for sale 1.0 0.0
Income tax receivable 10.6 14.0
Prepaid expenses and other assets 19.6 14.9
Total current assets 138.3 152.5
Investments in Affiliates 390.8 416.4
Real Estate Developments 179.5 183.5
Property - Net 1,231.6 1,269.4
Intangible Assets - Net 53.8 54.4
Goodwill 102.3 102.3
Other Assets 60.0 63.8
Total assets 2,156.3 2,242.3
Current Liabilities    
Notes payable and current portion of long-term debt 42.4 90.4
Accounts payable 35.2 35.5
Billings in excess of costs and estimated earnings on uncompleted contracts 3.5 2.6
Accrued interest 6.3 5.5
Deferred revenue 17.6 0.1
Indemnity holdback related to Grace acquisition 9.3 9.3
HC&S cessation related liabilities 19.1 6.4
Accrued and other liabilities 31.7 34.9
Total current liabilities 165.1 184.7
Long-term Liabilities    
Long-term debt 472.7 496.6
Deferred income taxes 182.0 202.1
Accrued pension and postretirement benefits 64.8 59.7
Other non-current liabilities 47.7 60.5
Total long-term liabilities 767.2 818.9
Commitments and Contingencies (Note 14)
Redeemable Noncontrolling Interest (Note 17) 10.8 11.6
Equity    
Common stock - no par value; authorized, 150 million shares; outstanding, 49.0 million and 48.9 million shares at December 31, 2016 and 2015, respectively 1,157.3 1,151.7
Accumulated other comprehensive loss (43.2) (45.3)
Retained earnings 95.2 117.2
Total A&B shareholders' equity 1,209.3 1,223.6
Noncontrolling interest 3.9 3.5
Total equity 1,213.2 1,227.1
Total liabilities and equity $ 2,156.3 $ 2,242.3