XML 66 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 411.6 $ 382.1
Restricted cash 2.9 4.7
Accounts and notes receivable, net 833.3 820.4
Inventories 540.7 538.3
Prepaid expenses and other 75.8 62.9
Deferred income taxes 50.9 64.5
Total current assets 1,915.2 1,872.9
Property, plant and equipment, net 1,374.6 1,514.1
Goodwill 944.5 1,001.1
Identifiable intangibles, net 1,214.4 1,300.0
Other assets 450.2 482.6
Total assets 5,898.9 6,170.7
Current liabilities:    
Accounts payable 443.9 494.5
Current portion of borrowings 48.8 40.1
Deferred income taxes 6.7 7.3
Other accrued liabilities 330.5 404.8
Total current liabilities 829.9 946.7
Long-term borrowings 3,504.7 3,574.2
Accrued pensions and other long-term employee benefits 265.7 306.4
Deferred income taxes 167.9 208.2
Other liabilities 26.4 23.2
Total liabilities $ 4,794.6 $ 5,058.7
Commitments and contingencies
Shareholders’ equity    
Common shares, $1.00 par, 1,000.0 shares authorized, 237.6 and 229.8 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 236.6 $ 229.8
Capital in excess of par 1,226.4 1,144.7
Accumulated deficit (171.4) (226.5)
Accumulated other comprehensive loss (255.9) (103.3)
Total Axalta shareholders’ equity 1,035.7 1,044.7
Noncontrolling interests 68.6 67.3
Total shareholders’ equity 1,104.3 1,112.0
Total liabilities and shareholders’ equity $ 5,898.9 $ 6,170.7