Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	[1]	$ 271.7	$ 594.0
Trade receivables, net of allowance for doubtful accounts of $9.1 in 2018 and $6.5 in 2017		473.4	552.4
Income tax receivables		58.4	85.1
Other receivables		81.3	90.2
Inventories, net of inventory reserves of $18.1 in 2018 and $15.5 in 2017		544.9	506.8
Assets held for sale		0.6	4.0
Prepaid expenses and other current assets		124.5	33.9
Total current assets		1,554.8	1,866.4
Property and equipment, net		1,036.2	998.4
Goodwill		1,947.6	1,939.8
Identifiable intangible assets, net		101.7	83.6
Deferred taxes		170.5	176.2
Other non-current assets		239.4	215.9
Total assets		5,050.2	5,280.3
Current liabilities:
Short-term borrowings		232.8	25.3
Current portion of long-term debt		4.9	2.2
Accounts payable		765.0	723.8
Current liabilities held for sale		0.0	2.2
Accrued restructuring costs		33.5	15.4
Income tax payable		23.5	47.3
Other current liabilities		428.9	562.0
Total current liabilities		1,488.6	1,378.2
Long-term debt, less current portion		3,236.5	3,230.5
Deferred taxes		20.4	28.5
Other non-current liabilities		653.3	490.8
Total liabilities		5,398.8	5,128.0
Commitments and Contingencies - Note 18
Stockholders’ (deficit) equity:
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2018 and 2017		0.0	0.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 231,619,037 in 2018 and 230,080,944 in 2017; shares outstanding: 155,654,370 in 2018 and 168,595,521 in 2017		23.2	23.0
Additional paid-in capital		2,049.6	1,939.6
Retained earnings		1,835.5	1,735.2
Common stock in treasury, 75,964,667 shares in 2018 and 61,485,423 shares in 2017		(3,336.5)	(2,700.6)
Accumulated other comprehensive loss, net of taxes:
Unrecognized pension items		(136.4)	(103.4)
Cumulative translation adjustment		(744.8)	(694.4)
Unrealized net loss on net investment hedges		(41.9)	(46.8)
Unrealized net gain (loss) on cash flow hedges		2.7	(0.3)
Total accumulated other comprehensive loss, net of taxes		(920.4)	(844.9)
Total stockholders’ (deficit) equity		(348.6)	152.3
Total liabilities and stockholders’ (deficit) equity		$ 5,050.2	$ 5,280.3

[1] Due to the adoption of ASU 2016-18, the Company now is required to include restricted cash as part of the change in the total cash balance. As a result, amounts which were previously classified as cash flows from financing activities related to Sealed Air continuing operations and amounts which were previously classified as cash flows from investing activities related to restricted cash sold with the sale of Diversey have been reclassified as they are recognized in the total change in cash. Refer to Note 2, "Recently Adopted and Issued Accounting Standards," of the Notes to Consolidated Financial Statements for more information.