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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 221.2 $ 393.3
Accounts receivable, net of allowance for doubtful accounts of $17.4 and $18.7, respectively 525.4 536.3
Inventories 523.9 494.5
Other current assets 60.7 39.5
Total current assets 1,331.2 1,463.6
Property, plant and equipment, net of accumulated depreciation of $250.0 and $203.8, respectively 356.6 363.2
Goodwill 1,289.5 1,227.6
Other intangible assets, net 1,368.4 1,431.2
Deferred tax assets 1.3 1.0
Other assets 140.1 134.6
Total assets 4,487.1 4,621.2
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 7.9 20.9
Accounts payable 340.0 269.7
Accrued liabilities 248.5 271.2
Total current liabilities 596.4 561.8
Long-term debt, less current maturities 1,664.2 2,019.3
Pensions and other postretirement benefits 94.8 99.8
Deferred income taxes 265.5 237.5
Other liabilities 190.2 226.0
Total liabilities 2,811.1 3,144.4
Commitments and contingencies (Note 19)
Stockholders' equity:    
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 201,051,291 and 198,377,237 shares issued at December 31, 2018 and December 31, 2017, respectively 2.0 2.0
Capital in excess of par value 2,282.7 2,275.4
Accumulated deficit (308.7) (577.8)
Accumulated other comprehensive loss (247.0) (199.8)
Treasury stock at cost; 2,881,436 and 2,159,266 shares at December 31, 2018 and 2017, respectively (53.0) (23.0)
Total stockholders' equity 1,676.0 1,476.8
Total liabilities and stockholders' equity $ 4,487.1 $ 4,621.2