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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 298.6 $ 326.1
Trade accounts receivable (including allowances of $5.7 million and $5.8 million, respectively) 172.3 198.6
Inventories, net 125.7 110.5
Other current assets 47.1 44.6
Current assets held for sale 0.0 3.4
Total Current Assets 643.7 683.2
Properties and equipment, net 228.4 225.1
Operating lease right-of-use assets 38.9 0.0
Goodwill 209.0 207.9
Technology and other intangible assets, net 87.3 89.0
Deferred income taxes 28.5 25.5
Overfunded defined benefit pension plans 22.9 22.5
Other assets 29.3 28.0
Non-current assets held for sale 0.5 0.7
Total Assets 1,288.5 1,281.9
Current Liabilities    
Debt payable within one year 10.5 10.6
Operating lease obligations payable within one year 9.6 0.0
Accounts payable 113.7 121.4
Other current liabilities 110.3 145.5
Total Current Liabilities 244.1 277.5
Debt payable after one year 346.1 346.1
Income taxes payable 41.1 37.7
Deferred income taxes 12.5 12.4
Operating lease obligations 29.3 0.0
Unrecognized tax benefits 42.9 62.8
Underfunded and unfunded defined benefit pension plans 49.0 48.1
Other liabilities 15.5 15.5
Non-current liabilities held for sale 0.0 0.4
Total Liabilities 780.5 800.5
Commitments and Contingencies - Note 9
Stockholders' Equity    
Preferred stock, par value $0.01; authorized: 10,000,000 and 0 shares, respectively; no shares issued or outstanding 0.0 0.0
Common stock issued, par value $0.01; 300,000,000 shares authorized; outstanding: 72,541,912 and 72,176,324, respectively 0.7 0.7
Paid-in capital 44.6 39.6
Accumulated earnings 585.3 563.9
Accumulated other comprehensive loss (116.8) (120.0)
Treasury stock (8.0) (4.8)
Total GCP's Shareholders' Equity 505.8 479.4
Noncontrolling interests 2.2 2.0
Total Stockholders' Equity 508.0 481.4
Total Liabilities and Stockholders' Equity $ 1,288.5 $ 1,281.9