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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 480.1 $ 485.0
Restricted cash 3.1 2.7
Accounts and notes receivable, net 838.6 765.8
Inventories 519.7 530.7
Prepaid expenses and other 62.1 63.6
Deferred income taxes 58.2 69.5
Total current assets 1,961.8 1,917.3
Property, plant and equipment, net 1,358.5 1,382.9
Goodwill 931.1 928.2
Identifiable intangibles, net 1,152.8 1,191.6
Other assets 431.6 434.2
Total assets 5,835.8 5,854.2
Current liabilities:    
Accounts payable 438.2 454.7
Current portion of borrowings 55.1 50.1
Deferred income taxes 6.8 6.6
Other accrued liabilities 350.0 370.2
Total current liabilities 850.1 881.6
Long-term borrowings 3,298.1 3,391.4
Long-term employee benefits 243.4 252.3
Deferred income taxes 160.9 165.5
Other liabilities 28.5 22.2
Total liabilities 4,581.0 4,713.0
Commitments and contingencies
Shareholders’ equity    
Common shares, $1.00 par, 1,000.0 shares authorized, 239.1 and 237.9 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 237.9 237.0
Capital in excess of par 1,272.1 1,238.8
Accumulated deficit (54.6) (132.8)
Accumulated other comprehensive loss (268.9) (269.3)
Total Axalta shareholders’ equity 1,186.5 1,073.7
Noncontrolling interests 68.3 67.5
Total shareholders’ equity 1,254.8 1,141.2
Total liabilities and shareholders’ equity $ 5,835.8 $ 5,854.2