Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 262.4	$ 271.7
Trade receivables, net of allowance for doubtful accounts of $8.2 in 2019 and $9.1 in 2018	556.5	473.4
Income tax receivables	32.8	58.4
Other receivables	80.3	81.3
Inventories, net of inventory reserves of $19.6 in 2019 and $18.1 in 2018	570.3	544.9
Assets held for sale	2.8	0.6
Prepaid expenses and other current assets	58.9	124.5
Total current assets	1,564.0	1,554.8
Property and equipment, net	1,141.9	1,036.2
Goodwill	2,216.9	1,947.6
Identifiable intangible assets, net	182.1	101.7
Deferred taxes	238.6	170.5
Operating lease right-of-use-assets	90.1
Other non-current assets	331.6	239.4
Total assets	5,765.2	5,050.2
Current liabilities:
Short-term borrowings	98.9	232.8
Current portion of long-term debt	16.7	4.9
Current portion of operating lease liabilities	26.2
Accounts payable	738.5	765.0
Accrued restructuring costs	29.5	33.5
Income tax payable	12.3	23.5
Other current liabilities	514.1	428.9
Total current liabilities	1,436.2	1,488.6
Long-term debt, less current portion	3,698.6	3,236.5
Long-term operating lease liabilities, less current portion	65.7
Deferred taxes	30.7	20.4
Other non-current liabilities	730.2	653.3
Total liabilities	5,961.4	5,398.8
Commitments and Contingencies - Note 20
Stockholders’ deficit:
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2019 and 2018	0.0	0.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 231,622,535 in 2019 and 231,619,037 in 2018; shares outstanding: 154,512,813 in 2019 and 155,654,370 in 2018	23.2	23.2
Additional paid-in capital	2,073.5	2,049.6
Retained earnings	1,998.5	1,835.5
Common stock in treasury, 77,109,722 shares in 2019 and 75,964,667 shares in 2018	(3,382.4)	(3,336.5)
Accumulated other comprehensive loss, net of taxes:
Unrecognized pension items	(146.1)	(136.4)
Cumulative translation adjustment	(728.6)	(744.8)
Unrealized net loss on net investment hedges	(34.5)	(41.9)
Unrealized net gain on cash flow hedges	0.2	2.7
Total accumulated other comprehensive loss, net of taxes	(909.0)	(920.4)
Total stockholders’ deficit	(196.2)	(348.6)
Total liabilities and stockholders’ deficit	$ 5,765.2	$ 5,050.2