XML 70 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 672.2 $ 397.3
Restricted cash 0.0 600.0
Accounts receivable, net of allowance for doubtful accounts of $12.4 and $9.6 at June 30, 2015 and December 31, 2014, respectively 1,050.1 327.3
Inventories 470.0 205.8
Prepaid expenses and other current assets 195.0 46.1
Total current assets 2,387.3 1,576.5
Property, plant and equipment, net 280.6 175.0
Goodwill 3,012.8 1,405.3
Intangible assets, net 2,777.3 1,341.5
Other assets 88.4 49.0
Total assets 8,546.4 4,547.3
Liabilities & Stockholders' Equity    
Revolving credit facilities 22.4 0.0
Current installments of long-term debt 16.8 13.2
Accounts payable 386.7 106.7
Accrued salaries, wages and employee benefits 30.3 31.3
Accrued income taxes payable 1.5 16.7
Accrued working capital adjustment payable 0.0 14.3
Accrued customer rebates and sales incentives 139.5 9.9
Financial guarantees and factoring 70.0 0.0
Other current liabilities 190.8 48.6
Total current liabilities 858.0 240.7
Long-term debt and capital lease obligations 3,401.6 1,392.4
Long-term retirement benefits, less current portion 45.2 38.8
Long-term deferred income taxes 675.6 202.3
Long-term contingent consideration 67.5 63.9
Other long-term liabilities 104.1 56.6
Total liabilities $ 5,152.0 $ 1,994.7
Commitments and contingencies (Note 15)    
Redeemable preferred stock - Series B $ 645.9 $ 0.0
Stockholders' Equity    
Preferred stock - Series A 0.0 0.0
Common stock, $0.01 par value per share (effective January 23, 2014), 400,000,000 shares authorized, 210,861,044 and 182,066,980 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively 2.1 1.9
Additional paid-in capital 3,287.9 2,812.4
Accumulated deficit (263.0) (224.1)
Accumulated other comprehensive loss (387.6) (130.6)
Total stockholders' equity 2,639.4 2,459.6
Non-controlling interests 109.1 93.0
Total equity 2,748.5 2,552.6
Total liabilities, redeemable preferred shares and equity $ 8,546.4 $ 4,547.3