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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 587.4 $ 580.9
Restricted cash 0.0 1,761.4
Accounts receivable 1,213.1 801.2
Unbilled accounts receivables 460.2 345.6
Inventories 1,957.3 844.9
Other current assets 192.4 115.6
Total current assets 4,410.4 4,449.6
Property, plant and equipment 2,177.1 1,036.6
Accumulated depreciation (554.4) (472.8)
Property, plant and equipment, net 1,622.7 563.8
Other Assets    
Goodwill 8,103.2 2,396.5
Other intangibles, net 4,207.0 1,129.9
Other noncurrent assets 557.6 109.4
Total other assets 12,867.8 3,635.8
Total Assets 18,900.9 8,649.2
Current Liabilities    
Accounts payable 1,146.2 589.4
Customer deposits 670.6 373.5
Accrued compensation 287.9 173.2
Accrued warranty 215.8 135.6
Current portion of long-term debt 111.8 64.1
Other accrued liabilities 766.6 310.8
Total current liabilities 3,198.9 1,646.6
Long-term debt 4,633.5 3,792.8
Accrued postretirement and pension benefits 92.6 95.4
Deferred income taxes 72.6 198.3
Accrued warranty 30.8 18.1
Other long term liabilities 1,143.1 28.9
Total Liabilities 9,171.5 5,780.1
Commitments and contingencies (Note 16)
Equity    
Convertible preferred stock, $.01 par value; 1,000,000 shares authorized, no shares issued and outstanding, at September 30, 2019 and December 31, 2018 0.0 0.0
Common stock, $.01 par value; 500,000,000 shares authorized: 226,947,180 and 132,349,534 shares issued and 191,676,482 and 96,614,946 outstanding at September 30, 2019 and December 31, 2018, respectively 2.0 1.3
Additional paid-in capital 7,815.8 914.6
Treasury stock, at cost, 35,270,698 and 35,734,588 shares, at September 30, 2019 and December 31, 2018, respectively (807.6) (816.1)
Retained earnings 3,154.8 3,022.0
Accumulated other comprehensive loss (468.6) (256.6)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity 9,696.4 2,865.2
Noncontrolling interest 33.0 3.9
Total Equity 9,729.4 2,869.1
Total Liabilities and Equity $ 18,900.9 $ 8,649.2