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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 273.8 $ 325.7
Accounts and notes receivable, net 85.3 79.9
Inventories, net 72.1 61.2
Assets of discontinued operations 308.9 279.5
Income tax receivable 0.7 1.7
Other current assets 8.2 4.8
Total current assets 749.0 752.8
Property, plant, and equipment, less accumulated depreciation and amortization of $421.8 and $412.9, respectively 510.5 501.0
Lease right-of-use assets 28.8  
Prepaid pension costs 59.5 52.8
Investment in joint venture 38.7 40.8
Goodwill and intangible assets, net 472.3 442.0
Deferred income taxes 19.0 14.8
Income taxes receivable 0.8 0.8
Other non-current assets 64.0 68.5
Total assets 1,942.6 1,873.5
Current liabilities:    
Current installments of long-term debt 62.5 55.0
Accounts payable and accrued expenses 390.9 383.3
Liabilities of discontinued operations 129.3 110.3
Income tax payable 7.2 0.9
Total current liabilities 589.9 549.5
Long-term debt, less current installments 749.7 764.8
Lease non-current liabilities 23.6  
Postretirement benefit liabilities 57.6 58.8
Pension benefit liabilities 49.7 50.3
Other long-term liabilities 33.0 38.0
Income taxes payable 26.9 26.5
Deferred income taxes 131.9 124.4
Total non-current liabilities 1,072.4 1,062.8
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 61,717,806 shares issued and 48,640,635 shares outstanding as of March 31, 2019 and 61,553,724, shares issued and 48,808,239 shares outstanding as of December 31, 2018 0.6 0.6
Capital in excess of par value 553.3 547.4
Retained earnings 895.1 865.0
Treasury stock, at cost, 13,077,171 shares as of March 31, 2019 and 12,745,485 shares as of December 31, 2018 (712.2) (692.2)
Accumulated other comprehensive (loss) (456.5) (459.6)
Total shareholders' equity 280.3 261.2
Total liabilities and shareholders' equity $ 1,942.6 $ 1,873.5