XML 89 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Assets:    
Cash and cash equivalents $ 44.3 $ 200.3
Receivables, net of allowance for doubtful accounts of $ 4.6 million and $4.5 million at June 30, 2013 and December 31, 2012, respectively 702.9 314.9
Inventories 428.9 288.4
Prepaid expenses and other 50.7 14.7
Deferred income taxes 9.1 21.1
Total current assets 1,235.9 839.4
Property, plant and equipment, net 1,644.2 637.7
Goodwill 1,657.9 217.2
Intangible assets, net 1,227.2 43.4
Other assets, net 84.6 63.6
Total assets 5,849.8 1,801.3
Liabilities and Equity:    
Current portion of long-term debt 42.3  
Accounts payable 351.4 211.2
Interest payable 16.8 18.9
Income taxes payable 7.9 15.1
Accrued compensation 47.7 44.7
Other accrued current liabilities 113.6 61.2
Total current liabilities 579.7 351.1
Long-term debt excluding current portion of long-term debt 1,396.5 448.1
Lease financing obligation 106.3 112.3
Deferred income taxes 771.7 177.9
Pensions and other postretirement benefits 329.1 48.3
Other non-current liabilities 127.6 60.1
Total liabilities 3,310.9 1,197.8
Commitments and contingencies      
Equity:    
Preferred stock-$0.01 par value; 75,000,000 shares authorized; no shares issued      
Common stock-$0.01 par value; shares authorized: 200,000,000 and 100,000,000 at June 30, 2013 and December 31, 2012, respectively; issued and outstanding: 69,874,568 and 34,546,767 at June 30, 2013 and December 31, 2012, respectively. 0.7 0.3
Additional paid-in capital 2,264.2 487.1
Retained earnings 196.1 138.0
Accumulated other comprehensive loss, net of tax (39.7) (21.9)
Total Axiall stockholders' equity 2,421.3 603.5
Noncontrolling interest 117.6  
Total equity 2,538.9 603.5
Total liabilities and equity $ 5,849.8 $ 1,801.3