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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash, cash equivalents and restricted cash $ 140.3 $ 123.0
Accounts receivable, less allowances of $10.3 and $10.9, respectively 171.8 179.2
Inventories — net 453.1 400.6
Notes receivable — net 19.4 31.1
Other current assets 58.3 56.5
Total current assets 842.9 790.4
Property, plant and equipment — net 288.9 303.7
Goodwill 232.8 321.3
Other intangible assets — net 118.1 122.1
Other non-current assets 59.2 70.3
Total assets 1,541.9 1,607.8
Current Liabilities:    
Accounts payable and accrued expenses 425.2 375.8
Short-term borrowings 6.4 8.2
Product warranties 39.1 35.5
Customer advances 9.6 12.7
Other liabilities 16.3 20.8
Total current liabilities 496.6 453.0
Non-Current Liabilities:    
Long-term debt 266.7 266.7
Deferred income taxes 5.7 13.0
Pension obligations 85.7 88.9
Postretirement health and other benefit obligations 18.3 25.5
Long-term deferred revenue 25.2 20.8
Other non-current liabilities 42.4 62.4
Total non-current liabilities 444.0 477.3
Commitments and contingencies (Note 18) 0.0
Total stockholders' equity:    
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding)
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,588,833 and 35,273,864 shares outstanding, respectively) 1.4 1.4
Additional paid-in capital 583.8 576.6
Accumulated other comprehensive loss (116.6) (97.4)
Retained earnings 189.6 256.7
Treasury stock, at cost (5,205,150 and 5,520,119 shares, respectively) (56.9) (59.8)
Total stockholders’ equity 601.3 677.5
Total liabilities and equity $ 1,541.9 $ 1,607.8