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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 293.2 $ 223.5
Accounts receivable, less allowances of $23.8 and $19.9, respectively 1,144.0 1,212.2
Inventories 445.5 401.0
Other current assets 183.0 180.7
Total current assets 2,065.7 2,017.4
Property, plant and equipment, net 412.7 428.2
Other assets:    
Goodwill 596.3 605.8
Other intangible assets, net 1,385.3 1,441.6
Deferred income taxes 7.9 9.0
Other 162.0 155.4
Total other assets 2,151.5 2,211.8
Total assets 4,629.9 4,657.4
Current liabilities:    
Current portion of long-term debt 22.2 0.0
Accounts payable 591.7 636.8
Accrued expenses and other liabilities 746.7 867.7
Income taxes 17.6 15.2
Total current liabilities 1,378.2 1,519.7
Long-term debt, net 2,418.9 3,467.3
Deferred income taxes 112.2 124.7
Other long-term liabilities 388.7 250.5
Total liabilities 4,298.0 5,362.2
Equity    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding 0.0 0.0
Common stock, $0.0001 par value, 700,000,000 shares authorized, 328,411,705 and 118,261,955 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 0.0 0.0
Additional paid-in capital 1,635.9 277.7
Accumulated deficit (1,269.5) (1,000.6)
Accumulated other comprehensive (loss) income (34.5) 18.1
Total equity (deficit) 331.9 (704.8)
Total liabilities and equity $ 4,629.9 $ 4,657.4