XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 503.3 $ 456.2
Accounts receivable, net of allowance for doubtful accounts (September 30, 2020: $8.1; December 31, 2019: $5.3) 527.6 570.8
Inventories 311.6 438.2
Other current assets 20.7 25.9
Total current assets 1,363.2 1,491.1
Investments in unconsolidated affiliates 230.6 188.1
Property, plant and equipment, net of accumulated depreciation (September 30, 2020: $780.6; December 31, 2019: $665.7) 581.9 625.8
Other assets    
Goodwill 70.7 67.7
Other intangible assets, net 183.1 191.5
Right of use assets - operating 75.0 71.4
Deferred income tax assets 84.2 67.5
Deferred charges and other assets 58.1 55.7
Total other assets 471.1 453.8
Total assets 2,646.8 2,758.8
Current liabilities    
Short-term borrowings and current portion of long-term debt 12.5 11.1
Accounts payable 275.0 343.0
Current lease liabilities - operating 15.2 14.1
Income taxes payable 6.6 5.0
Accrued expenses and other current liabilities 148.5 154.4
Total current liabilities 457.8 527.6
Noncurrent liabilities    
Long-term debt, net of unamortized deferred financing fees 1,159.7 1,162.6
Noncurrent lease liabilities - operating 62.6 58.0
Deferred income tax liabilities 59.0 41.5
Other noncurrent obligations 360.1 300.2
Total noncurrent liabilities 1,641.4 1,562.3
Shareholders' equity    
Ordinary shares, $0.01 nominal value, 50,000.0 shares authorized (September 30, 2020: 48.8 shares issued and 38.3 shares outstanding; December 31, 2019: 48.8 shares issued and 39.0 shares outstanding) 0.5 0.5
Additional paid-in-capital 578.7 574.7
Treasury shares, at cost (September 30, 2020: 10.5 shares; December 31, 2019: 9.8 shares) (546.5) (524.9)
Retained earnings 675.6 781.0
Accumulated other comprehensive loss (160.7) (162.4)
Total shareholders' equity 547.6 668.9
Total liabilities and shareholders' equity $ 2,646.8 $ 2,758.8