XML 27 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 769.8 $ 535.4
Restricted cash 3.1 2.7
Accounts and notes receivable, net 870.2 801.9
Inventories 608.6 529.7
Prepaid expenses and other 63.9 50.3
Total current assets 2,315.6 1,920.0
Property, plant and equipment, net 1,388.6 1,315.7
Goodwill 1,271.2 964.1
Identifiable intangibles, net 1,428.2 1,130.3
Other assets 428.6 536.1
Total assets 6,832.2 5,866.2
Current liabilities:    
Accounts payable 554.9 474.2
Current portion of borrowings 37.7 27.9
Other accrued liabilities 489.6 440.0
Total current liabilities 1,082.2 942.1
Long-term borrowings 3,877.9 3,236.0
Accrued pensions 279.1 249.1
Deferred income taxes 152.9 160.2
Other liabilities 32.3 32.2
Total liabilities 5,424.4 4,619.6
Commitments and contingent liabilities (Note 8)
Shareholders’ equity    
Common shares, $1.00 par, 1,000.0 shares authorized, 243.9 and 240.5 shares issued and outstanding at December 31, 2017 and 2016, respectively 242.4 239.3
Capital in excess of par 1,354.5 1,294.3
Accumulated deficit (21.4) (58.1)
Treasury shares (58.4) 0.0
Accumulated other comprehensive loss (241.0) (350.4)
Total Axalta shareholders’ equity 1,276.1 1,125.1
Noncontrolling interests 131.7 121.5
Total shareholders’ equity 1,407.8 1,246.6
Total liabilities and shareholders’ equity $ 6,832.2 $ 5,866.2