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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 63.4 $ 68.0
Restricted cash 17.5 23.7
Accounts receivable, less allowances of $16.9 and $19.4, respectively 219.5 227.4
Inventories — net 598.5 644.5
Deferred income taxes 0.0 71.3
Other current assets 114.7 144.6
Current assets held for sale 0.0 6.6
Current assets held for sale 0.0 0.0
Total current assets 1,013.6 1,186.1
Property, plant and equipment — net 527.0 591.0
Goodwill 1,152.3 1,198.1
Other intangible assets — net 638.8 714.7
Other non-current assets 108.0 126.2
Long-term assets held for sale 9.2 0.5
Long-term assets held for sale   0.0
Total assets 3,448.9 3,816.6
Current Liabilities:    
Accounts payable and accrued expenses 707.9 807.4
Short-term borrowings 67.6 80.3
Product warranties 70.3 77.7
Customer advances 13.3 21.3
Product liabilities 24.5 24.6
Current liabilities of discontinued operations 0.0 0.0
Total current liabilities 883.6 1,011.3
Non-Current Liabilities:    
Long-term debt 1,346.0 1,443.2
Deferred income taxes 89.4 186.2
Pension obligations 128.7 141.0
Postretirement health and other benefit obligations 47.4 53.1
Long-term deferred revenue 33.9 37.9
Other non-current liabilities 100.4 119.8
Long-term liabilities of discontinued operations 0.0 0.0
Total non-current liabilities $ 1,745.8 $ 1,981.2
Commitments and contingencies (Note 19)
Total Equity:    
Common stock (300,000,000 shares authorized, 163,175,928 shares issued, 136,617,161 and 135,543,869 shares outstanding, respectively) $ 1.4 $ 1.4
Additional paid-in capital 558.0 539.7
Accumulated other comprehensive loss (207.8) (130.5)
Retained earnings 539.5 486.9
Treasury stock, at cost (26,558,767 and 27,632,059 shares, respectively) (71.6) (73.4)
Total Manitowoc stockholders’ equity 819.5 824.1
Noncontrolling interest 0.0 0.0
Total equity 819.5 824.1
Total liabilities and equity $ 3,448.9 $ 3,816.6