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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 318.2 $ 325.0
Trade accounts receivable, net of allowance for credit losses of $7.3 million and $7.5 million, respectively 148.9 183.7
Inventories, net 98.5 95.9
Other current assets 45.4 43.7
Total Current Assets 611.0 648.3
Properties and equipment, net 243.1 245.3
Operating lease right-of-use assets 33.8 29.3
Goodwill 200.3 208.9
Technology and other intangible assets, net 72.7 80.7
Deferred income taxes 17.5 26.1
Overfunded defined benefit pension plans 23.6 25.0
Other assets 38.3 38.0
Non-current assets held for sale 0.0 0.5
Total Assets 1,240.3 1,302.1
Current Liabilities    
Debt payable within one year 2.7 2.7
Operating lease obligations payable within one year 8.0 8.1
Accounts payable 73.1 88.4
Other current liabilities 92.1 113.6
Total Current Liabilities 175.9 212.8
Debt payable after one year 348.7 346.5
Income taxes payable 35.2 41.4
Deferred income taxes 11.9 13.1
Operating lease obligations 26.5 21.6
Unrecognized tax benefits 42.6 42.2
Underfunded and unfunded defined benefit pension plans 68.7 67.5
Other liabilities 15.6 15.9
Total Liabilities 725.1 761.0
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: 72,974,610 and 72,850,268, respectively 0.7 0.7
Paid-in capital 56.9 53.4
Accumulated earnings 610.0 610.2
Accumulated other comprehensive loss (145.7) (117.0)
Treasury stock (8.9) (8.6)
Total GCP's Shareholders' Equity 513.0 538.7
Noncontrolling interests 2.2 2.4
Total Stockholders' Equity 515.2 541.1
Total Liabilities and Stockholders' Equity $ 1,240.3 $ 1,302.1