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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 29.3 $ 69.9
Accounts receivable, less allowances of $11.4 and $11.1, respectively 165.0 134.4
Inventories — net 482.2 429.0
Notes receivable — net 35.6 62.4
Other current assets 65.3 54.0
Total current assets 777.4 749.7
Property, plant and equipment — net 314.1 308.8
Goodwill 317.7 299.6
Other intangible assets — net 120.9 114.1
Other long-term assets 53.1 45.6
Total assets 1,583.2 1,517.8
Current Liabilities:    
Accounts payable and accrued expenses 360.3 321.2
Short-term borrowings and current portion of long-term debt 10.2 12.4
Product warranties 33.2 36.5
Customer advances 15.6 21.0
Product liabilities 22.8 21.7
Total current liabilities 442.1 412.8
Non-Current Liabilities:    
Long-term debt 277.4 269.1
Deferred income taxes 43.5 36.6
Pension obligations 85.1 86.4
Postretirement health and other benefit obligations 28.8 38.0
Long-term deferred revenue 19.2 20.3
Other non-current liabilities 59.2 64.1
Total non-current liabilities 513.2 514.5
Commitments and contingencies (Note 14)
Stockholders' Equity:    
Preferred stock (authorized 3,500,000 shares of $.01 par value; none outstanding)
Common stock (300,000,000 shares authorized, 163,175,928 shares issued, 140,734,391 and 139,841,214 shares outstanding, respectively) 1.4 1.4
Additional paid-in capital 573.6 567.6
Accumulated other comprehensive loss (108.1) (162.9)
Retained earnings 221.4 247.3
Treasury stock, at cost (22,441,537 and 23,334,714 shares, respectively) (60.4) (62.9)
Total stockholders' equity 627.9 590.5
Total liabilities and stockholders' equity $ 1,583.2 $ 1,517.8