XML 28 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 102.4 $ 97.1
Trade receivables (net of allowance for doubtful accounts of $9.0 and $13.0, respectively) 383.8 352.3
Inventories, net 417.4 462.6
Prepaid expenses and other assets 136.0 134.4
Total current assets 1,039.6 1,046.4
Property, plant and equipment (net of accumulated depreciation of $551.3 and $528.9, respectively) 297.3 352.0
Deferred income taxes 42.8 25.7
Goodwill 562.8 563.7
Intangible assets (net of accumulated amortization and impairment of $326.4 and $296.8, respectively) 392.2 430.8
Other assets 97.8 109.1
Total assets 2,432.5 2,527.7
Current liabilities:    
Short-term borrowings 0.7 2.5
Current portion of long-term debt 137.2 217.5
Accounts payable 217.7 203.3
Accrued expenses and other current liabilities 432.0 420.9
Total current liabilities 787.6 844.2
Long-term debt 3,305.5 3,105.0
Long-term pension and other post-retirement plan liabilities 147.3 212.4
Other long-term liabilities 206.2 228.1
Stockholders’ deficiency:    
Class A Common Stock, par value $0.01 per share: 900,000,000 shares authorized; 58,005,142 and 56,742,513 shares issued, respectively 0.5 0.5
Additional paid-in capital 1,096.3 1,082.3
Treasury stock, at cost: 1,992,957 and 1,774,200 shares of Class A Common Stock, respectively (37.6) (35.2)
Accumulated deficit (2,838.6) (2,631.7)
Accumulated other comprehensive loss (234.7) (277.9)
Total stockholders’ deficiency (2,014.1) (1,862.0)
Total liabilities and stockholder’s (deficiency) equity $ 2,432.5 $ 2,527.7