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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash, cash equivalents and restricted cash $ 83.7 $ 123.0
Accounts receivable, less allowances of $11.1 and $10.9, respectively 210.2 179.2
Inventories — net 469.6 400.6
Notes receivable — net 24.9 31.1
Other current assets 57.8 56.5
Total current assets 846.2 790.4
Property, plant and equipment — net 292.2 303.7
Goodwill 317.8 321.3
Other intangible assets — net 119.7 122.1
Other long-term assets 62.4 70.3
Total assets 1,638.3 1,607.8
Current Liabilities:    
Accounts payable and accrued expenses 433.0 375.8
Short-term borrowings and current portion of long-term debt 7.0 8.2
Product warranties 37.1 35.5
Customer advances 15.3 12.7
Product liabilities 21.2 20.8
Total current liabilities 513.6 453.0
Non-Current Liabilities:    
Long-term debt 265.4 266.7
Deferred income taxes 10.2 13.0
Pension obligations 84.2 88.9
Postretirement health and other benefit obligations 24.8 25.5
Long-term deferred revenue 20.6 20.8
Other non-current liabilities 53.5 62.4
Total non-current liabilities 458.7 477.3
Commitments and contingencies (Note 15)
Stockholders' 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, 35,536,412 and 35,273,864 shares outstanding, respectively) 1.4 1.4
Additional paid-in capital 580.3 576.6
Accumulated other comprehensive loss (114.7) (97.4)
Retained earnings 256.4 256.7
Treasury stock, at cost (5,257,571 and 5,520,119 shares, respectively) (57.4) (59.8)
Total stockholders' equity 666.0 677.5
Total liabilities and stockholders' equity $ 1,638.3 $ 1,607.8