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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 6.3 $ 64.4
Receivables, less allowances for doubtful accounts of $27.7 million at September 30, 2018, and $28.9 million at December 31, 2017 553.0 552.5
Inventories 354.5 246.5
Prepaid expenses and other current assets 57.6 45.1
Total current assets 971.4 908.5
Property, plant and equipment—net 1,284.5 1,377.6
Goodwill 55.5 0.0
Other intangible assets—net 121.7 43.4
Equity method investment in unconsolidated entity 3.6 3.6
Other long-term assets 97.1 119.3
Total assets 2,533.8 2,452.4
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 432.0 381.6
Accrued liabilities 282.7 316.7
Short-term debt and current portion of long-term debt 42.3 42.0
Current portion of capital lease obligations 5.1 5.6
Total current liabilities 762.1 745.9
Long-term debt 1,015.9 903.5
Capital lease obligations 11.1 13.7
Deferred income taxes 44.0 41.9
Other long-term liabilities 187.4 225.0
Total liabilities 2,020.5 1,930.0
Commitments and contingencies (Note 8)
Shareholders' equity    
Preferred stock 0.0 0.0
Additional paid-in capital 857.9 861.1
Treasury stock, at cost (56.6) (52.8)
Accumulated deficit (175.0) (162.9)
Accumulated other comprehensive loss (132.0) (124.4)
Quad/Graphics' shareholders' equity 495.7 522.4
Noncontrolling interests 17.6 0.0
Total shareholders' equity and noncontrolling interests 513.3 522.4
Total liabilities and shareholders' equity 2,533.8 2,452.4
Common Class A    
Shareholders' equity    
Common stock 1.0 1.0
Common Class B    
Shareholders' equity    
Common stock 0.4 0.4
Common Class C    
Shareholders' equity    
Common stock $ 0.0 $ 0.0