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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 240.3 $ 325.7
Accounts and notes receivable, net 96.7 79.9
Inventories, net 70.8 61.2
Assets of discontinued operations 276.7 244.3
Income tax receivable 4.4 1.7
Other current assets 6.7 4.8
Total current assets 695.6 717.6
Property, plant, and equipment, less accumulated depreciation and amortization of $432.1 and $412.9, respectively 511.9 501.0
Lease right-of-use assets 30.3  
Prepaid pension costs 66.2 52.8
Investment in joint venture 41.6 40.8
Goodwill and intangible assets, net 466.9 442.0
Deferred income taxes 16.6 14.8
Income taxes receivable 0.8 0.8
Other non-current assets 60.1 68.5
Total assets 1,890.0 1,838.3
Current liabilities:    
Current installments of long-term debt 62.5 55.0
Accounts payable and accrued expenses 378.3 383.3
Liabilities of discontinued operations 134.3 110.3
Income tax payable 6.4 0.9
Total current liabilities 581.5 549.5
Long-term debt, less current installments 734.6 764.8
Lease non-current liabilities 25.2  
Postretirement benefit liabilities 56.2 58.8
Pension benefit liabilities 49.1 50.3
Other long-term liabilities 37.9 38.0
Income taxes payable 27.6 26.5
Deferred income taxes 134.8 124.4
Total non-current liabilities 1,065.4 1,062.8
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 62,055,122 shares issued and 48,661,946 shares outstanding as of June 30, 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 538.1 547.4
Retained earnings 905.7 829.8
Treasury stock, at cost, 13,393,176 shares as of June 30, 2019 and 12,745,485 shares as of December 31, 2018 (740.3) (692.2)
Accumulated other comprehensive (loss) (461.0) (459.6)
Total shareholders' equity 243.1 226.0
Total liabilities and shareholders' equity $ 1,890.0 $ 1,838.3