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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 102.7 $ 67.5
Accounts receivable, net 199.1 204.4
Inventories, net:    
Raw materials 82.1 81.1
Work-in-process 51.1 48.3
Finished products 118.9 109.5
Total inventories 252.1 238.9
Prepaid and other current assets 53.9 38.6
Total current assets 607.8 549.4
Property and equipment, net 223.3 221.8
Goodwill 527.2 530.1
Intangible assets, net 362.0 380.1
Other noncurrent assets 11.2 14.9
Total assets 1,731.5 1,696.3
Current liabilities:    
Short-term borrowings 7.4 7.4
Long-term debt and capital lease obligations due within one year 0.1 0.4
Accounts payable 78.2 79.2
Advanced billings and deposits 48.8 39.7
Accrued salaries, wages and other compensation 24.3 30.8
Accrued interest 4.9 13.9
Other current liabilities 59.1 52.5
Total current liabilities 222.8 223.9
Long-term debt and capital lease obligations 933.6 931.9
Deferred income tax liabilities 64.4 66.2
Accrued pension liabilities 25.7 25.2
Other noncurrent accrued liabilities 9.1 8.2
Total liabilities 1,255.6 1,255.4
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; 68,065,840 and 67,296,678 0.7 0.7
Capital in excess of par value 656.9 648.7
Retained deficit (70.0) (99.4)
Accumulated other comprehensive loss (111.7) (109.1)
Total shareholders’ equity 475.9 440.9
Total liabilities and shareholders’ equity $ 1,731.5 $ 1,696.3