XML 100 R89.htm IDEA: XBRL DOCUMENT v3.10.0.1
Separate Financial Information of Subsidiary Guarantors of Indebtedness (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
Dec. 31, 2016
ASSETS        
Cash and cash equivalents $ 8.9 $ 64.4 $ 10.7 $ 19.2
Receivables, less allowances for doubtful accounts 510.4 552.5    
Intercompany receivables 0.0 0.0    
Inventories 290.7 246.5    
Other current assets 68.1 45.1    
Total current assets 878.1 908.5    
Property, plant and equipment—net 1,306.8 1,377.6    
Investment in consolidated entities 0.0 0.0    
Goodwill and intangible assets—net 184.6 43.4    
Intercompany loan receivable 0.0 0.0    
Other long-term assets 100.4 122.9    
Total assets 2,469.9 2,452.4    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Accounts payable 396.1 381.6    
Intercompany accounts payable 0.0 0.0    
Short-term debt and current portion of long-term debt and capital lease obligations 42.3 47.6    
Other current liabilities 272.1 316.7    
Total current liabilities 710.5 745.9    
Long-term debt and capital lease obligations 1,005.5 917.2    
Intercompany loan payable 0.0 0.0    
Other long-term liabilities 250.6 266.9    
Total liabilities 1,966.6 1,930.0    
Total shareholders' equity and noncontrolling interests 503.3 522.4    
Total liabilities and shareholders' equity 2,469.9 2,452.4    
Eliminations        
ASSETS        
Cash and cash equivalents 0.0 0.0 0.0 0.0
Receivables, less allowances for doubtful accounts 0.0 0.0    
Intercompany receivables (72.4) (85.3)    
Inventories 0.0 0.0    
Other current assets 0.0 0.0    
Total current assets (72.4) (85.3)    
Property, plant and equipment—net 0.0 0.0    
Investment in consolidated entities (771.2) (590.4)    
Goodwill and intangible assets—net 0.0 0.0    
Intercompany loan receivable (107.6) (108.0)    
Other long-term assets 0.0 0.0    
Total assets (951.2) (783.7)    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Accounts payable 0.0 0.0    
Intercompany accounts payable (72.4) (85.3)    
Short-term debt and current portion of long-term debt and capital lease obligations 0.0 0.0    
Other current liabilities 0.0 0.0    
Total current liabilities (72.4) (85.3)    
Long-term debt and capital lease obligations 0.0 0.0    
Intercompany loan payable (107.6) (108.0)    
Other long-term liabilities 0.0 0.0    
Total liabilities (180.0) (193.3)    
Total shareholders' equity and noncontrolling interests (771.2) (590.4)    
Total liabilities and shareholders' equity (951.2) (783.7)    
Quad/Graphics, Inc.        
ASSETS        
Cash and cash equivalents 1.7 51.7 0.7 0.3
Receivables, less allowances for doubtful accounts 353.9 427.9    
Intercompany receivables 0.0 0.0    
Inventories 112.6 97.0    
Other current assets 43.7 35.2    
Total current assets 511.9 611.8    
Property, plant and equipment—net 684.0 706.5    
Investment in consolidated entities 756.2 578.3    
Goodwill and intangible assets—net 4.3 6.9    
Intercompany loan receivable 107.6 106.3    
Other long-term assets 41.8 60.5    
Total assets 2,105.8 2,070.3    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Accounts payable 213.1 201.6    
Intercompany accounts payable 72.4 75.1    
Short-term debt and current portion of long-term debt and capital lease obligations 30.0 31.9    
Other current liabilities 161.8 213.9    
Total current liabilities 477.3 522.5    
Long-term debt and capital lease obligations 994.5 904.3    
Intercompany loan payable 0.0 0.0    
Other long-term liabilities 130.7 121.1    
Total liabilities 1,602.5 1,547.9    
Total shareholders' equity and noncontrolling interests 503.3 522.4    
Total liabilities and shareholders' equity 2,105.8 2,070.3    
Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 0.7 2.0 5.0 12.1
Receivables, less allowances for doubtful accounts 70.5 40.6    
Intercompany receivables 67.6 85.3    
Inventories 137.2 108.6    
Other current assets 14.7 2.6    
Total current assets 290.7 239.1    
Property, plant and equipment—net 468.4 508.6    
Investment in consolidated entities 15.0 12.1    
Goodwill and intangible assets—net 123.5 25.5    
Intercompany loan receivable 0.0 0.0    
Other long-term assets 10.4 13.5    
Total assets 908.0 798.8    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Accounts payable 114.9 115.9    
Intercompany accounts payable 0.0 0.0    
Short-term debt and current portion of long-term debt and capital lease obligations 0.9 1.0    
Other current liabilities 75.0 74.9    
Total current liabilities 190.8 191.8    
Long-term debt and capital lease obligations 2.1 1.4    
Intercompany loan payable 41.4 40.9    
Other long-term liabilities 109.0 133.4    
Total liabilities 343.3 367.5    
Total shareholders' equity and noncontrolling interests 564.7 431.3    
Total liabilities and shareholders' equity 908.0 798.8    
Non-Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 6.5 10.7 $ 5.0 $ 6.8
Receivables, less allowances for doubtful accounts 86.0 84.0    
Intercompany receivables 4.8 0.0    
Inventories 40.9 40.9    
Other current assets 9.7 7.3    
Total current assets 147.9 142.9    
Property, plant and equipment—net 154.4 162.5    
Investment in consolidated entities 0.0 0.0    
Goodwill and intangible assets—net 56.8 11.0    
Intercompany loan receivable 0.0 1.7    
Other long-term assets 48.2 48.9    
Total assets 407.3 367.0    
LIABILITIES AND SHAREHOLDERS' EQUITY        
Accounts payable 68.1 64.1    
Intercompany accounts payable 0.0 10.2    
Short-term debt and current portion of long-term debt and capital lease obligations 11.4 14.7    
Other current liabilities 35.3 27.9    
Total current liabilities 114.8 116.9    
Long-term debt and capital lease obligations 8.9 11.5    
Intercompany loan payable 66.2 67.1    
Other long-term liabilities 10.9 12.4    
Total liabilities 200.8 207.9    
Total shareholders' equity and noncontrolling interests 206.5 159.1    
Total liabilities and shareholders' equity $ 407.3 $ 367.0