Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 512.1	$ 645.2
Restricted cash	2.6	9.7
Accounts and notes receivable, net	1,169.6	1,067.4
Inventories	798.6	829.6
Prepaid expenses and other current assets	141.0	140.8
Total current assets	2,623.9	2,692.7
Property, plant and equipment, net	1,204.0	1,190.2
Goodwill	1,523.6	1,498.0
Identifiable intangibles, net	1,093.4	1,112.3
Other assets	555.7	566.0
Total assets	7,000.6	7,059.2
Current liabilities:
Accounts payable	703.5	733.5
Current portion of borrowings	41.6	31.0
Other accrued liabilities	534.6	620.2
Total current liabilities	1,279.7	1,384.7
Long-term borrowings	3,605.5	3,673.3
Accrued pensions	207.5	205.1
Deferred income taxes	163.1	162.1
Other liabilities	129.5	134.5
Total liabilities	5,385.3	5,559.7
Commitments and contingent liabilities (Note 5)
Shareholders’ equity:
Common shares, $1.00 par, 1,000.0 shares authorized, 253.3 and 252.4 shares issued at March 31, 2023 and December 31, 2022, respectively	253.3	252.4
Capital in excess of par	1,547.3	1,536.5
Retained earnings	1,079.3	1,018.8
Treasury shares, at cost, 31.8 shares at March 31, 2023 and December 31, 2022	(887.3)	(887.3)
Accumulated other comprehensive loss	(422.5)	(466.9)
Total Axalta shareholders’ equity	1,570.1	1,453.5
Noncontrolling interests	45.2	46.0
Total shareholders’ equity	1,615.3	1,499.5
Total liabilities and shareholders’ equity	$ 7,000.6	$ 7,059.2