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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jul. 01, 2018
Dec. 31, 2017
Current Assets    
Cash $ 101.4 $ 70.9
Accounts receivable, net 383.8 388.3
Unbilled receivables, net 155.3 89.8
Inventories, net 380.0 400.2
Prepaid expenses and other current assets 57.0 62.7
Total current assets 1,077.5 1,011.9
Property, plant and equipment, net of accumulated depreciation and amortization of $558.4 at July 1, 2018 and $531.6 at December 31, 2017 446.1 442.8
Goodwill 1,758.9 1,776.7
Acquired intangibles, net 368.6 398.9
Prepaid pension assets 147.8 127.2
Other assets, net 84.0 88.9
Total Assets 3,882.9 3,846.4
Current Liabilities    
Accounts payable 213.0 191.7
Accrued liabilities 323.8 345.3
Current portion of long-term debt, capital leases and other debt 12.2 3.6
Total current liabilities 549.0 540.6
Long-term debt and capital lease obligations 939.8 1,069.3
Other long-term liabilities 291.4 289.2
Total Liabilities 1,780.2 1,899.1
Commitments and contingencies
Stockholders’ Equity    
Preferred stock, $0.01 par value; outstanding shares - none 0.0 0.0
Common stock, $0.01 par value; authorized 125,000,000 shares; issued shares: 37,697,865 at July 1, 2018 and December 31, 2017; outstanding shares: 35,908,645 at July 1, 2018 and 35,540,233 at December 31, 2017 0.4 0.4
Additional paid-in capital 336.6 337.3
Retained earnings 2,295.3 2,139.6
Treasury stock, 1,789,220 at July 1, 2018 and 2,157,632 at December 31, 2017 (163.1) (200.7)
Accumulated other comprehensive loss (366.5) (329.3)
Total Stockholders’ Equity 2,102.7 1,947.3
Total Liabilities and Stockholders’ Equity $ 3,882.9 $ 3,846.4