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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 61.8 $ 87.1
Trade receivables, less allowance for doubtful accounts of $13.4 and $13.5 as of September 30, 2018 and December 31, 2017, respectively 441.6 444.8
Inventories 587.6 497.9
Prepaid expenses and other assets 171.2 113.4
Total current assets 1,262.2 1,143.2
Property, plant and equipment, net of accumulated depreciation of $418.1 and $385.5 as of September 30, 2018 and December 31, 2017, respectively 358.4 372.7
Deferred income taxes 198.0 138.0
Goodwill 692.1 692.5
Intangible assets, net of accumulated amortization of $160.3 and $130.9 as of September 30, 2018 and December 31, 2017, respectively 560.1 592.1
Other assets 117.5 118.4
Total assets 3,188.3 3,056.9
Current liabilities:    
Short-term borrowings [1] 21.4 12.4
Current portion of long-term debt 420.3 170.2
Accounts payable 363.2 336.9
Accrued expenses and other current liabilities 411.6 412.8
Total current liabilities 1,216.5 932.3
Long-term debt 2,731.4 2,653.7
Long-term pension and other post-retirement plan liabilities 164.1 172.8
Other long-term liabilities 64.5 68.5
Stockholders’ deficiency:    
Additional paid-in capital 1,054.8 1,040.0
Treasury stock, at cost: 1,533,320 and 1,114,528 shares of Class A Common Stock as of September 30, 2018 and December 31, 2017, respectively (25.3) (21.7)
Accumulated deficit (1,784.7) (1,560.8)
Accumulated other comprehensive loss (233.5) (228.4)
Total stockholders’ deficiency (988.2) (770.4)
Total liabilities and stockholders’ deficiency 3,188.3 3,056.9
Class A Common Stock    
Stockholders’ deficiency:    
Class A Common Stock, par value $0.01 per share: 900,000,000 shares authorized; 55,762,771 and 54,556,100 shares issued as of September 30, 2018 and December 31, 2017, respectively $ 0.5 $ 0.5
[1] Includes $11.0 million of borrowings as of September 30, 2018 under the 2018 Senior Line of Credit Facility between Products Corporation and MacAndrews & Forbes Incorporated, a related party. See Note 7, "Long-term Debt," for more information.