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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
[1]
Current assets:    
Cash and cash equivalents $ 185.8 $ 326.9
Trade receivables, less allowance for doubtful accounts of $10.7 and $10.5 as of June 30, 2016 and December 31, 2015, respectively 268.4 244.9
Inventories 209.6 183.8
Prepaid expenses and other 74.3 53.3
Total current assets 738.1 808.9
Property, plant and equipment, net of accumulated depreciation of $286.3 and $271.7 as of June 30, 2016 and December 31, 2015, respectively 216.8 215.3
Deferred income taxes 64.9 71.3
Goodwill 476.7 469.7
Intangible assets, net of accumulated amortization of $72.8 and $61.1 as of June 30, 2016 and December 31, 2015, respectively 328.9 318.0
Other assets 89.4 84.1
Total assets 1,914.8 1,967.3
Current liabilities:    
Short-term borrowings 14.1 11.3
Current portion of long-term debt 6.8 30.0
Accounts payable 187.6 201.3
Accrued expenses and other 233.4 272.4
Total current liabilities 441.9 515.0
Long-term debt 1,783.6 1,783.7
Long-term pension and other post-retirement plan liabilities 178.2 185.3
Other long-term liabilities 72.8 70.8
Stockholders’ deficiency:    
Additional paid-in capital 1,029.7 1,026.3
Treasury stock, at cost: 1,006,808 and 859,921 shares of Class A Common Stock as of June 30, 2016 and December 31, 2015, respectively (18.6) (13.3)
Accumulated deficit (1,336.4) (1,355.7)
Accumulated other comprehensive loss (236.9) (245.3)
Total stockholders’ deficiency (561.7) (587.5)
Total liabilities and stockholders’ deficiency 1,914.8 1,967.3
Class A Common Stock [Member]    
Stockholders’ deficiency:    
Class A Common Stock, par value $0.01 per share; 900,000,000 shares authorized; 53,862,615 and 54,088,174 shares issued as of June 30, 2016 and December 31, 2015, respectively $ 0.5 $ 0.5
[1] Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.