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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 74.5 $ 81.5
Accounts receivable, net 194.2 183.3
Inventories, net:    
Raw materials 85.4 84.5
Work-in-process 57.8 52.5
Finished products 108.2 101.1
Total inventories 251.4 238.1
Prepaid and other current assets 41.9 43.1
Total current assets 562.0 546.0
Property and equipment, net 218.1 216.9
Goodwill 528.2 548.6
Intangible assets, net 386.8 442.8
Other noncurrent assets 34.3 36.4
Total assets 1,729.4 1,790.7
Current liabilities:    
Short-term borrowings 7.2 9.2
Long-term debt and capital lease obligations due within one year 0.4 3.8
Accounts payable 83.7 89.9
Advanced billings and deposits 44.4 58.5
Accrued salaries, wages and other compensation 33.0 33.2
Accrued interest 4.9 16.2
Other current liabilities 64.0 60.2
Total current liabilities 237.6 271.0
Long-term debt and capital lease obligations 946.9 1,021.6
Deferred income tax liabilities 68.6 72.6
Accrued pension liabilities 27.1 29.0
Other noncurrent accrued liabilities 9.6 11.1
Total liabilities 1,289.8 1,405.3
Shareholders’ equity:    
Preferred stock - $0.01 par value, 50,000,000 shares authorized, none outstanding 0.0 0.0
Common stock - $0.01 par value, 500,000,000 shares authorized; 67,304,178 and 52,286,100 0.7 0.5
Capital in excess of par value 647.6 499.6
Retained deficit (114.9) (60.6)
Accumulated other comprehensive loss (93.8) (54.1)
Total shareholders’ equity 439.6 385.4
Total liabilities and shareholders’ equity $ 1,729.4 $ 1,790.7