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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 93.4 $ 130.2
Accounts receivable, net 215.1 182.3
Inventories, net:    
Raw materials 101.7 81.3
Work-in-process 64.3 52.6
Finished products 132.2 115.6
Total inventories, net 298.2 249.5
Prepaid and other current assets 52.1 46.3
Total current assets 658.8 608.3
Property and equipment, net 269.7 243.7
Goodwill 532.9 507.9
Intangible assets, net 339.5 341.8
Other noncurrent assets 21.6 20.3
Total assets 1,822.5 1,722.0
Current liabilities:    
Short-term borrowings 7.3 7.0
Long-term debt and capital lease obligations due within one year 9.4 0.3
Accounts payable 96.3 92.5
Advanced billings and deposits 60.2 52.7
Accrued salaries, wages and other compensation 30.3 26.7
Accrued interest 0.5 13.9
Other current liabilities 71.1 59.7
Total current liabilities 275.1 252.8
Long-term debt and capital lease obligations 919.1 934.1
Deferred income tax liabilities 72.4 64.4
Accrued pension liabilities 31.3 27.8
Other noncurrent accrued liabilities 22.4 8.0
Total liabilities 1,320.3 1,287.1
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; 69,416,318 and 68,473,561 0.7 0.7
Capital in excess of par value 672.1 661.0
Retained deficit (73.8) (68.9)
Accumulated other comprehensive loss (96.8) (157.9)
Total shareholders’ equity 502.2 434.9
Total liabilities and shareholders’ equity $ 1,822.5 $ 1,722.0