Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 1,304.7	$ 333.7
Trade receivables, net of allowance for doubtful accounts of $6.8 in 2017 and $8.4 in 2016	540.5	460.5
Income tax receivables	16.7	11.5
Other receivables	81.7	72.7
Inventories, net of inventory reserves of $17.4 in 2017 and $13.4 in 2016	547.7	456.7
Current assets held for sale	20.8	825.7
Prepaid expenses and other current assets	63.6	54.5
Total current assets	2,575.7	2,215.3
Property and equipment, net	951.0	889.6
Goodwill	1,898.3	1,882.9
Intangible assets, net	44.8	40.1
Deferred taxes	275.7	169.9
Non-current assets held for sale	0.0	2,026.0
Other non-current assets	193.9	175.4
Total assets	5,939.4	7,399.2
Current liabilities:
Short-term borrowings	84.0	83.0
Current portion of long-term debt	2.0	297.0
Accounts payable	778.2	539.2
Current liabilities held for sale	1.8	683.3
Accrued restructuring costs	16.1	44.8
Income tax payable	183.6	48.3
Other current liabilities	451.2	423.4
Total current liabilities	1,516.9	2,119.0
Long-term debt, less current portion	3,219.4	3,762.6
Deferred taxes	4.7	4.9
Non-current liabilities held for sale	0.0	501.0
Other non-current liabilities	437.8	402.0
Total liabilities	5,178.8	6,789.5
Commitments and contingencies - Note 15
Stockholders’ equity:
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2017 and 2016	0.0	0.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 230,002,826 in 2017 and 227,638,738 in 2016; shares outstanding: 180,394,303 in 2017 and 193,482,383 in 2016	23.0	22.8
Additional paid-in capital	1,933.3	1,974.1
Retained earnings	1,796.0	1,040.0
Common stock in treasury, 49,608,523 shares in 2017 and 34,156,355 shares in 2016	(2,155.8)	(1,478.1)
Accumulated other comprehensive loss, net of taxes	(835.9)	(949.1)
Total stockholders’ equity	760.6	609.7
Total liabilities and stockholders’ equity	$ 5,939.4	$ 7,399.2

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.