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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 81.0 $ 141.9
Accounts and notes receivable, net 127.2 108.3
Inventories, net 116.1 109.0
Income tax receivable 10.0 26.2
Other current assets 19.2 20.8
Total current assets 353.5 406.2
Property, plant, and equipment, less accumulated depreciation and amortization of $469.6 and $445.5, respectively 689.2 669.6
Prepaid pension costs 68.1 56.6
Investment in joint venture 105.3 106.2
Goodwill and intangible assets, net 456.8 434.5
Deferred income taxes 13.9 15.4
Income taxes receivable 6.5 5.7
Other non-current assets 64.5 63.8
Total assets 1,757.8 1,758.0
Current liabilities:    
Short-term debt 15.0  
Current installments of long-term debt 32.5 25.0
Accounts payable and accrued expenses 172.4 197.1
Income tax payable 1.2 2.0
Total current liabilities 221.1 224.1
Long-term debt, less current installments 840.5 848.6
Postretirement benefit liabilities 83.9 84.8
Pension benefit liabilities 87.6 86.3
Other long-term liabilities 29.4 29.1
Income taxes payable 54.9 62.2
Deferred income taxes 169.2 156.5
Total non-current liabilities 1,265.5 1,267.5
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 60,675,542 shares issued and 53,316,614 shares outstanding as of March 31, 2017 and 60,597,140 shares issued and 54,428,233 shares outstanding as of December 31, 2016 0.6 0.6
Additional paid-in capital 506.9 504.9
Retained earnings 509.0 469.9
Treasury stock, at cost, 7,358,928 shares as of March 31, 2017 and 6,168,907 shares as of December 31, 2016 (355.2) (305.2)
Accumulated other comprehensive (loss) (390.1) (403.8)
Total shareholders' equity 271.2 266.4
Total liabilities and shareholders' equity $ 1,757.8 $ 1,758.0