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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 119.2 $ 69.9
Accounts receivable, less allowances of $10.9 and $11.1, respectively 179.2 134.4
Inventories — net 396.1 429.0
Notes receivable — net 31.1 62.4
Other current assets 73.6 54.0
Total current assets 799.2 749.7
Property, plant and equipment — net 294.9 308.8
Goodwill 321.3 299.6
Other intangible assets — net 122.1 114.1
Other non-current assets 70.3 45.6
Total assets 1,607.8 1,517.8
Current Liabilities:    
Accounts payable and accrued expenses 375.8 321.2
Short-term borrowings 8.2 12.4
Product warranties 35.5 36.5
Customer advances 12.7 21.0
Product liabilities 20.8 21.7
Total current liabilities 453.0 412.8
Non-Current Liabilities:    
Long-term debt 266.7 269.1
Deferred income taxes 13.0 36.6
Pension obligations 88.9 86.4
Postretirement health and other benefit obligations 25.5 38.0
Long-term deferred revenue 20.8 20.3
Other non-current liabilities 62.4 64.1
Total non-current liabilities 477.3 514.5
Commitments and contingencies (Note 17)
Total Equity:    
Preferred stock (authorized 3,500,000 shares of $.01 par value; none outstanding)
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,273,864 and 34,960,304 shares outstanding, respectively) 1.4 1.4
Additional paid-in capital 576.6 567.6
Accumulated other comprehensive loss (97.4) (162.9)
Retained earnings 256.7 247.3
Treasury stock, at cost (5,520,119 and 5,833,679 shares, respectively) (59.8) (62.9)
Total Manitowoc stockholders’ equity 677.5 590.5
Total liabilities and equity $ 1,607.8 $ 1,517.8