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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 312.5 $ 102.4
Trade receivables (net of allowance for doubtful accounts of $7.5 and $9.0, respectively) 285.3 383.8
Inventories, net 459.7 417.4
Prepaid expenses and other assets 132.7 136.0
Total current assets 1,190.2 1,039.6
Property, plant and equipment (net of accumulated depreciation of $552.0 and $551.3, respectively) 267.0 297.3
Deferred income taxes 42.8 42.8
Goodwill 561.9 562.8
Intangible assets (net of accumulated amortization and impairment of $364.3 and $326.4, respectively) 346.7 392.2
Other assets 95.1 97.8
Total assets 2,503.7 2,432.5
Current liabilities:    
Short-term borrowings 2.3 0.7
Current portion of long-term debt 593.0 137.2
Accounts payable 80.6 217.7
Accrued expenses and other current liabilities 293.9 432.0
Total current liabilities 969.8 787.6
Long-term debt 0.0 3,305.5
Long-term pension and other post-retirement plan liabilities 140.9 147.3
Other long-term liabilities 73.9 206.2
Liabilities subject to compromise 3,667.3 0.0
Stockholders’ deficiency:    
Class A Common Stock, par value $0.01 per share: 900,000,000 shares authorized; 60,990,501 and 58,005,142 shares issued, respectively 0.5 0.5
Additional paid-in capital 1,104.4 1,096.3
Treasury stock, at cost: 2,424,022 and 1,992,957 shares of Class A Common Stock, respectively (40.9) (37.6)
Accumulated deficit (3,181.2) (2,838.6)
Accumulated other comprehensive loss (231.0) (234.7)
Total stockholders’ deficiency (2,348.2) (2,014.1)
Total liabilities and stockholder’s (deficiency) equity $ 2,503.7 $ 2,432.5