Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 840.6	$ 1,360.9
Restricted cash	10.6	3.1
Accounts and notes receivable, net	937.5	869.8
Inventories	669.7	559.9
Prepaid expenses and other current assets	117.2	132.2
Total current assets	2,575.6	2,925.9
Property, plant and equipment, net	1,186.2	1,194.5
Goodwill	1,592.7	1,294.9
Identifiable intangibles, net	1,278.2	1,148.8
Other assets	584.5	593.1
Total assets	7,217.2	7,157.2
Current liabilities:
Accounts payable	657.4	564.4
Current portion of borrowings	79.7	54.2
Other accrued liabilities	597.8	562.3
Total current liabilities	1,334.9	1,180.9
Long-term borrowings	3,749.9	3,838.5
Accrued pensions	269.3	309.9
Deferred income taxes	174.7	114.0
Other liabilities	149.7	234.1
Total liabilities	5,678.5	5,677.4
Commitments and contingent liabilities (Note 6)
Shareholders' equity
Common shares, $1.00 par, 1,000.0 shares authorized, 251.8 and 250.9 shares issued at December 31, 2021 and 2020, respectively	251.8	250.9
Capital in excess of par	1,515.5	1,487.1
Retained earnings	827.2	563.3
Treasury shares, at cost, 24.4 and 16.1 shares at December 31, 2021 and 2020, respectively	(687.2)	(443.5)
Accumulated other comprehensive loss	(414.4)	(424.8)
Total Axalta shareholders' equity	1,492.9	1,433.0
Noncontrolling interests	45.8	46.8
Total shareholders' equity	1,538.7	1,479.8
Total liabilities and shareholders' equity	$ 7,217.2	$ 7,157.2