Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 230.4 $ 233.6
Accounts receivable, net of allowance for doubtful accounts of $6.9 and $7.7 at March 31, 2019 and December 31, 2018, respectively 380.3 382.4
Inventories 202.4 188.1
Prepaid expenses 19.9 14.3
Other current assets 53.6 42.5
Current assets of discontinued operations 115.1 1,621.3
Total current assets 1,001.7 2,482.2
Property, plant and equipment, net 263.0 266.9
Goodwill 2,191.4 2,182.6
Intangible assets, net 999.9 1,024.5
Other assets 109.5 32.9
Non-current assets of discontinued operations 6.7 3,412.4
Total assets 4,572.2 9,401.5
Liabilities and stockholders' equity    
Accounts payable 110.0 100.9
Current installments of long-term debt and revolving credit facilities 128.0 25.3
Accrued expenses and other current liabilities 138.0 189.5
Current liabilities of discontinued operations 80.1 826.8
Total current liabilities 456.1 1,142.5
Debt 1,516.5 5,350.7
Pension and post-retirement benefits 48.6 49.5
Deferred income taxes 128.5 133.0
Other liabilities 167.3 128.5
Non-current liabilities of discontinued operations 0.0 416.2
Total liabilities 2,317.0 7,220.4
Commitments and contingencies (Note 12)
Stockholders' Equity    
Preferred stock - Series A 0.0 0.0
Common stock: 400.0 shares authorized (2019: 258.0 shares issued; 2018: 289.3 shares issued) 2.6 2.9
Additional paid-in capital 4,105.1 4,062.1
Treasury stock (2019: 0.5 shares; 2018: 0.3 shares) (5.4) (3.5)
Accumulated deficit (1,605.5) (1,195.4)
Accumulated other comprehensive loss (240.1) (756.9)
Total stockholders' equity 2,256.7 2,109.2
Non-controlling interests (1.5) 71.9
Total equity 2,255.2 2,181.1
Total liabilities and stockholders' equity $ 4,572.2 $ 9,401.5