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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 604.2 $ 580.9
Restricted cash 0.0 1,761.4
Accounts receivable 1,149.9 801.2
Unbilled accounts receivables 514.0 345.6
Inventories 1,773.1 844.9
Other current assets 150.9 115.6
Total current assets 4,192.1 4,449.6
Property, plant and equipment 2,216.0 1,036.6
Accumulated depreciation (560.2) (472.8)
Property, plant and equipment, net 1,655.8 563.8
Other Assets    
Goodwill 8,360.6 2,396.5
Other intangibles, net 4,104.0 1,129.9
Other noncurrent assets 631.7 109.4
Total other assets 13,096.3 3,635.8
Total Assets 18,944.2 8,649.2
Current Liabilities    
Accounts payable 1,157.5 589.4
Customer deposits 604.2 373.5
Accrued compensation 343.8 173.2
Accrued warranty 226.5 135.6
Less - current portion 95.7 64.1
Other accrued liabilities 830.3 310.8
Total current liabilities 3,258.0 1,646.6
Long-term debt 4,333.6 3,792.8
Accrued postretirement and pension benefits 113.0 95.4
Deferred income taxes 145.3 198.3
Contingent consideration 291.8 0.0
Other long term liabilities 808.9 47.0
Total Liabilities 8,950.6 5,780.1
Commitment and Contingencies (Note 20)
Equity    
Convertible preferred stock, $.01 par value; 1,000,000 shares authorized, no shares issued and outstanding, at December 31, 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 191,699,193 and 96,614,946 outstanding at December 31, 2019 and December 31, 2018, respectively 2.0 1.3
Additional paid-in capital 7,877.2 914.6
Treasury stock, at cost, 35,247,987 and 35,734,588 shares, at December 31, 2019 and December 31, 2018, respectively (807.1) (816.1)
Retained earnings 3,267.0 3,022.0
Accumulated other comprehensive loss (382.6) (256.6)
Total Westinghouse Air Brake Technologies Corporation shareholders’ equity 9,956.5 2,865.2
Noncontrolling interest 37.1 3.9
Total Equity 9,993.6 2,869.1
Total Liabilities and Equity $ 18,944.2 $ 8,649.2