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Condensed Consolidated Balance Sheets (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 38.5 $ 73.6
Receivables, less allowances for expected losses of $12.6 in 2021 (2020 - $10.5) 235.3 173.5
Inventories 6.5 4.9
Prepaid expenses and other current assets 22.8 9.7
Assets held for sale 5.5 5.5
Total current assets 308.6 267.2
Property, plant and equipment, net 12.3 12.0
Right-of-use assets 48.6 52.5
Software, net 50.9 51.2
Goodwill 410.0 409.9
Other intangible assets, net 9.6 9.8
Deferred income taxes, net 30.5 34.0
Other noncurrent assets 29.6 29.0
Total assets 900.1 [1] 865.6
LIABILITIES    
Accounts payable 59.8 54.2
Accrued liabilities 181.0 184.3
Total current liabilities 240.8 238.5
Long-term debt 252.7 230.5
Deferred compensation liabilities 20.0 20.8
Pension and other postretirement benefits plan liabilities 48.7 51.0
Noncurrent lease liabilities 46.6 51.0
Other noncurrent liabilities 15.3 26.0
Total liabilities 624.1 617.8
Commitments and Contingencies (Note 7)
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 and outstanding: 35.6 shares and 33.6 shares in 2021 (2020 - 34.9 shares and 33.3 shares) 0.4 0.3
Treasury stock, at cost: 2.0 shares in 2021 (2020 - 1.6 shares) (27.7) (16.0)
Additional paid-in capital 241.9 238.8
Retained earnings 140.7 105.5
Accumulated other comprehensive loss (79.3) (80.8)
Total equity 276.0 247.8
Total liabilities and equity $ 900.1 $ 865.6
[1] Certain assets are recorded within a segment based on predominant usage, however, as they benefit more than one segment, the related operating expenses are allocated between segments.