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Condensed Consolidated Balance Sheets (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 12.3 $ 36.2
Receivables, less allowances for doubtful accounts of $7.5 in 2017 (2016 - $6.4) 233.3 156.2
Receivables from R.R. Donnelley 84.2 96.0
Inventories 27.5 24.1
Prepaid expenses and other current assets 17.3 17.1
Total current assets 374.6 329.6
Property, plant and equipment-net 36.0 35.5
Goodwill 446.5 446.4
Other intangible assets-net 50.9 54.3
Software-net 39.3 41.6
Deferred income taxes 39.1 37.0
Other noncurrent assets 38.2 34.5
Total assets 1,024.6 978.9
LIABILITIES    
Accounts payable 101.3 85.3
Accrued liabilities 99.8 100.7
Total current liabilities 201.1 186.0
Long-term debt (Note 11) 607.5 587.0
Deferred compensation liabilities 23.1 24.4
Pension and other postretirement benefits plan liabilities 55.0 56.4
Other noncurrent liabilities 13.4 14.0
Total liabilities 900.1 867.8
Commitments and Contingencies (Note 12)
EQUITY    
Preferred stock, $0.01 par value Authorized: 1.0 shares; Issued: None 0.0 0.0
Common stock, $0.01 par value Authorized: 65.0 shares; Issued: 32.8 shares in 2017 (2016 – 32.6 shares) 0.3 0.3
Additional paid-in-capital 183.5 179.9
Retained earnings (deficit) 8.5 (0.8)
Accumulated other comprehensive loss (67.8) (68.3)
Total equity 124.5 111.1
Total liabilities and equity $ 1,024.6 $ 978.9