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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 142.5 $ 209.3
Accounts and notes receivable, net 128.3 114.3
Inventories, net 109.5 101.4
Current assets of discontinued operations   381.3
Deferred income taxes 26.2 29.7
Income tax receivable 4.9 11.1
Other current assets 17.2 33.7
Total current assets 428.6 880.8
Property, plant, and equipment, less accumulated depreciation and amortization of $444.7 and $403.8, respectively 664.8 648.1
Prepaid pension costs 8.3 8.3
Investment in joint venture 119.3 130.8
Intangible assets, net 437.3 447.2
Non-current assets of discontinued operations   499.3
Deferred income taxes 9.0 19.7
Income taxes receivable 4.9 2.4
Other non-current assets 60.5 57.0
Total assets 1,732.7 2,693.6
Current liabilities:    
Current installments of long-term debt 17.5 52.1
Accounts payable and accrued expenses 201.3 231.1
Current liabilities of discontinued operations   149.6
Income tax payable 11.1 3.2
Deferred income taxes 0.6 0.3
Total current liabilities 230.5 436.3
Long-term debt, less current installments 856.2 936.2
Postretirement benefit liabilities 91.3 87.2
Pension benefit liabilities 79.6 62.1
Other long-term liabilities 34.7 43.3
Non-current liabilities of discontinued operations   149.1
Income taxes payable 55.9 92.3
Deferred income taxes 125.4 118.3
Total non-current liabilities 1,243.1 1,488.5
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 60,563,934 shares issued, and 55,319,221 shares outstanding as of September 30, 2016 and 60,416,446 shares issued and 55,359,064 shares outstanding as of December 31, 2015 0.6 0.6
Additional paid-in capital 504.2 1,151.8
Retained earnings 442.8 365.2
Treasury stock, at cost, 5,244,713 shares as of September 30, 2016 and 5,057,382 as of December 31, 2015 (269.2) (261.4)
Accumulated other comprehensive (loss) (419.3) (487.4)
Total shareholders' equity 259.1 768.8
Total liabilities and shareholders' equity $ 1,732.7 $ 2,693.6