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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 317.5 $ 221.2
Accounts receivable, net of allowance for doubtful accounts of $18.2 and $17.4, respectively 498.6 525.4
Inventories 557.6 523.9
Other current assets 90.2 60.7
Total current assets 1,463.9 1,331.2
Property, plant and equipment, net of accumulated depreciation of $269.1 and $250.0, respectively 345.1 356.6
Goodwill 1,284.9 1,289.5
Other intangible assets, net 1,303.8 1,368.4
Deferred tax assets 1.1 1.3
Other assets 195.5 140.1
Total assets 4,594.3 4,487.1
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 8.0 7.9
Accounts payable 331.8 340.0
Accrued liabilities 251.5 248.5
Total current liabilities 591.3 596.4
Long-term debt, less current maturities 1,623.5 1,664.2
Pensions and other postretirement benefits 91.1 94.8
Deferred income taxes 272.9 265.5
Other liabilities 230.2 190.2
Total liabilities 2,809.0 2,811.1
Commitments and contingencies (Note 16)
Stockholders' equity:    
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 205,676,965 and 201,051,291 shares issued as of June 30, 2019 and December 31, 2018, respectively 2.1 2.0
Capital in excess of par value 2,287.9 2,282.7
Accumulated deficit (208.4) (308.7)
Accumulated other comprehensive loss (258.9) (247.0)
Treasury stock at cost; 1,752,448 and 2,881,436 shares as of June 30, 2019 and December 31, 2018, respectively (37.4) (53.0)
Total stockholders' equity 1,785.3 1,676.0
Total liabilities and stockholders' equity $ 4,594.3 $ 4,487.1