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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 303.8 $ 326.1
Trade accounts receivable (including allowances of $6.5 million and $5.8 million, respectively) 187.0 198.6
Inventories, net 108.7 110.5
Other current assets 45.7 44.6
Current assets held for sale 0.0 3.4
Total Current Assets 645.2 683.2
Properties and equipment, net 239.4 225.1
Operating lease right-of-use assets 34.0 0.0
Goodwill 201.6 207.9
Technology and other intangible assets, net 80.5 89.0
Deferred income taxes 22.3 25.5
Overfunded defined benefit pension plans 21.5 22.5
Other assets 36.2 28.0
Non-current assets held for sale 0.5 0.7
Total Assets 1,281.2 1,281.9
Current Liabilities    
Debt payable within one year 2.8 10.6
Operating lease obligations payable within one year 8.6 0.0
Accounts payable 103.3 121.4
Other current liabilities 115.4 145.5
Total Current Liabilities 230.1 277.5
Debt payable after one year 346.1 346.1
Income taxes payable 41.4 37.7
Deferred income taxes 11.8 12.4
Operating lease obligations 25.7 0.0
Unrecognized tax benefits 43.7 62.8
Underfunded and unfunded defined benefit pension plans 51.3 48.1
Other liabilities 15.0 15.5
Non-current liabilities held for sale 0.0 0.4
Total Liabilities 765.1 800.5
Commitments and Contingencies - Note 10
Stockholders' Equity    
Preferred stock, par value $0.01; authorized: 10,000,000 and 0 shares, respectively; no shares issued or outstanding 0.0 0.0
Common stock issued, par value $0.01; 300,000,000 shares authorized; outstanding: 72,685,612 and 72,176,324, respectively 0.7 0.7
Paid-in capital 52.2 39.6
Accumulated earnings 604.5 563.9
Accumulated other comprehensive loss (135.5) (120.0)
Treasury stock (8.1) (4.8)
Total GCP's Shareholders' Equity 513.8 479.4
Noncontrolling interests 2.3 2.0
Total Stockholders' Equity 516.1 481.4
Total Liabilities and Stockholders' Equity $ 1,281.2 $ 1,281.9