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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 307.8 $ 382.1
Restricted cash 2.8 4.7
Accounts and notes receivable, net 869.5 820.4
Inventories 555.0 538.3
Prepaid expenses and other 78.0 62.9
Deferred income taxes 50.7 64.5
Total current assets 1,863.8 1,872.9
Property, plant and equipment, net 1,425.1 1,514.1
Goodwill 944.0 1,001.1
Identifiable intangibles, net 1,233.2 1,300.0
Other assets 464.7 482.6
Total assets 5,930.8 6,170.7
Current liabilities:    
Accounts payable 445.5 494.5
Current portion of borrowings 50.7 40.1
Deferred income taxes 6.3 7.3
Other accrued liabilities 334.6 404.8
Total current liabilities 837.1 946.7
Long-term borrowings 3,508.6 3,574.2
Accrued pensions and other long-term employee benefits 272.1 306.4
Deferred income taxes 179.4 208.2
Other liabilities 21.4 23.2
Total liabilities $ 4,818.6 $ 5,058.7
Commitments and contingencies    
Shareholders’ equity    
Common shares, $1.00 par, 1,000.0 shares authorized, 235.6 and 229.8 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively $ 234.6 $ 229.8
Capital in excess of par 1,204.5 1,144.7
Accumulated deficit (206.5) (226.5)
Accumulated other comprehensive loss (190.1) (103.3)
Total Axalta shareholders’ equity 1,042.5 1,044.7
Noncontrolling interests 69.7 67.3
Total shareholders’ equity 1,112.2 1,112.0
Total liabilities and shareholders’ equity $ 5,930.8 $ 6,170.7