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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 320.2 $ 325.0
Trade accounts receivable, net of allowance for credit losses of $7.4 million and $7.5 million, respectively 160.5 183.7
Inventories, net 103.7 95.9
Other current assets 40.9 43.7
Total Current Assets 625.3 648.3
Properties and equipment, net 241.2 245.3
Operating lease right-of-use assets 33.0 29.3
Goodwill 199.3 208.9
Technology and other intangible assets, net 75.0 80.7
Deferred income taxes 16.5 26.1
Overfunded defined benefit pension plans 23.6 25.0
Other assets 38.9 38.0
Non-current assets held for sale 0.0 0.5
Total Assets 1,252.8 1,302.1
Current Liabilities    
Debt payable within one year 2.9 2.7
Operating lease obligations payable within one year 8.1 8.1
Accounts payable 92.5 88.4
Other current liabilities 99.9 113.6
Total Current Liabilities 203.4 212.8
Debt payable after one year 348.6 346.5
Income taxes payable 29.0 41.4
Deferred income taxes 11.9 13.1
Operating lease obligations 24.8 21.6
Unrecognized tax benefits 42.2 42.2
Underfunded and unfunded defined benefit pension plans 67.9 67.5
Other liabilities 15.6 15.9
Total Liabilities 743.4 761.0
Commitments and Contingencies - Note 11
Stockholders' Equity    
Series A Junior Participating Preferred Stock, par value $0.01; 10,000,000 shares authorized, no shares issued or outstanding (Note 12) 0.0 0.0
Common stock issued, par value $0.01; 300,000,000 shares authorized; outstanding: 72,898,291 and 72,850,268, respectively 0.7 0.7
Paid-in capital 54.3 53.4
Accumulated earnings 611.3 610.2
Accumulated other comprehensive loss (150.5) (117.0)
Treasury stock (8.9) (8.6)
Total GCP's Shareholders' Equity 506.9 538.7
Noncontrolling interests 2.5 2.4
Total Stockholders' Equity 509.4 541.1
Total Liabilities and Stockholders' Equity $ 1,252.8 $ 1,302.1