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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 128.4 $ 53.8
Restricted cash 0.3 6.4
Accounts receivable, less allowances of $4.0 and $5.3, respectively 83.7 81.7
Inventories — net 152.3 145.6
Prepaids and other current assets 19.0 13.9
Current assets held for sale 0.0 6.8
Total current assets 383.7 308.2
Property, plant and equipment — net 112.2 109.1
Goodwill 846.1 845.3
Other intangible assets — net 461.4 484.4
Other non-current assets 37.0 22.1
Total assets 1,840.4 1,769.1
Current liabilities:    
Accounts payable 103.6 108.4
Accrued expenses and other liabilities 161.7 174.5
Current portion of capital leases 0.7 1.6
Product warranties 24.1 27.9
Current liabilities held for sale 0.0 0.7
Total current liabilities 290.1 313.1
Long-term debt and capital leases 1,232.2 1,278.7
Deferred income taxes 92.3 137.8
Pension and postretirement health obligations 48.3 47.4
Other long-term liabilities 67.1 35.6
Total non-current liabilities 1,439.9 1,499.5
Commitments and contingencies (Note 17)
Total equity (deficit):    
Common stock ($0.01 par value, 300,000,000 shares authorized, 139,491,860 shares and 138,601,327 shares issued and 139,440,470 shares and 138,562,016 shares outstanding, respectively) 1.4 1.4
Additional paid-in capital (deficit) (63.3) (72.0)
Retained earnings 204.5 70.5
Accumulated other comprehensive loss (32.0) (43.4)
Treasury Stock, at cost, 51,390 shares and zero shares, respectively (0.2) 0.0
Total equity (deficit) 110.4 (43.5)
Total liabilities and equity $ 1,840.4 $ 1,769.1