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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 46.3 $ 68.2
Accounts and notes receivable, net of allowances of $6.3 and $5.9 in 2018 and 2017, respectively 472.7 506.5
Inventories, net 509.8 484.2
Other assets 60.6 78.4
Total current assets 1,089.4 1,137.3
Property, plant and equipment, net of accumulated depreciation of $778.5 and $774.2 in 2018 and 2017, respectively 408.3 397.8
Goodwill 186.6 200.5
Deferred income taxes 67.0 94.4
Other assets, net 65.9 61.5
Total assets 1,817.2 1,891.5
Current Liabilities:    
Short-term debt 0.0 0.9
Current maturities of long-term debt 300.8 32.6
Accounts payable 433.3 348.6
Accrued expenses 272.3 270.3
Income taxes payable 2.1 2.1
Total current liabilities 1,008.5 654.5
Long-term debt 740.5 970.5
Pensions 82.8 84.5
Other liabilities 135.0 131.9
Total liabilities 1,966.8 1,841.4
Commitments and contingencies
Stockholders' (deficit) equity:    
Preferred stock, $.01 par value, 25,000,000 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, $.01 par value, 200,000,000 shares authorized, 87,170,197 shares issued 0.9 0.9
Additional paid-in capital 1,078.8 1,061.5
Retained earnings 1,855.0 1,575.9
Accumulated other comprehensive loss (188.8) (157.4)
Treasury stock, at cost, shares 47,312,248 and 45,361,145 shares for 2018 and 2017, respectively (2,895.5) (2,430.8)
Total stockholders' (deficit) equity (149.6) 50.1
Total liabilities and stockholders' (deficit) equity $ 1,817.2 $ 1,891.5