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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 245.3 $ 355.3
Restricted cash 3.4 3.4
Accounts and notes receivable, net 343.1 329.8
Inventories 275.5 269.9
Other current assets 54.7 43.4
Total current assets 922.0 1,001.8
Property, plant and equipment, net 289.2 291.4
Goodwill 773.0 873.3
Intangible assets, net 485.3 510.9
Other noncurrent assets 288.2 289.8
Total assets 2,757.7 2,967.2
LIABILITIES AND EQUITY    
Accounts payable 198.7 221.0
Accrued expenses and other current liabilities 254.6 285.9
Short-term borrowings and current maturities of long-term debt 3.4 0.1
Total current liabilities 456.7 507.0
Long-term debt 1,428.0 1,427.6
Other noncurrent liabilities 259.2 272.2
Total liabilities 2,143.9 2,206.8
Equity:    
Ordinary shares, $0.01 par value (92,218,314 and 92,723,682 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively) 0.9 0.9
Capital in excess of par value 0.0 0.0
Retained earnings 861.8 975.1
Accumulated other comprehensive loss (251.4) (218.6)
Total Allegion plc shareholders’ equity 611.3 757.4
Noncontrolling interests 2.5 3.0
Total equity 613.8 760.4
Total liabilities and equity $ 2,757.7 $ 2,967.2