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COMBINED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 01, 2016
Dec. 31, 2015
Current assets:    
Cash and equivalents $ 487.2 $ 0.0
Trade accounts receivable, net 948.2 979.3
Inventories:    
Finished goods 204.6 184.1
Work in process 83.4 77.1
Raw materials 269.5 261.7
Total inventories 557.5 522.9
Prepaid expenses and other current assets 169.1 91.9
Total current assets 2,162.0 1,594.1
Property, plant and equipment, net of accumulated depreciation of $1,005.2 and $976.8, respectively 534.0 514.8
Other assets 402.1 393.7
Goodwill 3,962.4 3,949.0
Other intangible assets, net 726.6 759.0
Total assets 7,787.1 7,210.6
Current liabilities:    
Trade accounts payable 644.2 657.1
Accrued expenses and other liabilities 706.0 666.4
Total current liabilities 1,350.2 1,323.5
Other long-term liabilities 689.7 704.6
Long-term debt 3,374.8 0.0
Parent’s equity:    
Preferred stock - $0.01 par value, as of July 1, 2016 and December 31, 2015, 15 million shares and 100 shares authorized, respectively; and 0 shares issued and outstanding as of both dates 0.0 0.0
Common stock - $0.01 par value, as of July 1, 2016 and December 31, 2015, 2.0 billion shares and 100 shares authorized, respectively; and 345.2 million shares and 100 shares issued and outstanding, respectively 3.5 0.0
Net Parent investment 2,366.6 5,193.9
Accumulated other comprehensive income (loss) (0.8) (14.4)
Total Parent’s equity 2,369.3 5,179.5
Noncontrolling interests 3.1 3.0
Total equity 2,372.4 5,182.5
Total liabilities and equity $ 7,787.1 $ 7,210.6