Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 200.3 $ 233.6
Accounts receivable, net of allowance for doubtful accounts of $8.7 and $7.7 at September 30, 2019 and December 31, 2018, respectively 367.2 382.4
Inventories 198.0 188.1
Prepaid expenses 21.9 14.3
Other current assets 54.8 42.5
Current assets of discontinued operations 8.1 1,621.3
Total current assets 850.3 2,482.2
Property, plant and equipment, net 250.0 266.9
Goodwill 2,125.8 2,182.6
Intangible assets, net 917.6 1,024.5
Other assets 122.9 32.9
Non-current assets of discontinued operations 6.5 3,412.4
Total assets 4,273.1 9,401.5
Liabilities and stockholders' equity    
Accounts payable 102.7 100.9
Current installments of long-term debt and revolving credit facilities 7.8 25.3
Accrued expenses and other current liabilities 141.1 189.5
Current liabilities of discontinued operations 38.2 826.8
Total current liabilities 289.8 1,142.5
Debt 1,514.2 5,350.7
Pension and post-retirement benefits 47.0 49.5
Deferred income taxes 126.5 133.0
Other liabilities 175.1 128.5
Non-current liabilities of discontinued operations 0.0 416.2
Total liabilities 2,152.6 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: 258.4 shares issued; 2018: 289.3 shares issued) 2.6 2.9
Additional paid-in capital 4,111.8 4,062.1
Treasury stock (2019: 7.3 shares; 2018: 0.3 shares) (67.9) (3.5)
Accumulated deficit (1,610.9) (1,195.4)
Accumulated other comprehensive loss (313.5) (756.9)
Total stockholders' equity 2,122.1 2,109.2
Non-controlling interests (1.6) 71.9
Total equity 2,120.5 2,181.1
Total liabilities and stockholders' equity $ 4,273.1 $ 9,401.5