XML 40 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 22.7us-gaap_CashAndCashEquivalentsAtCarryingValue $ 70.9us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 289.8us-gaap_AccountsReceivableNetCurrent 233.5us-gaap_AccountsReceivableNetCurrent
Inventories 314.4us-gaap_InventoryNet 290.1us-gaap_InventoryNet
Prepaid expenses and other current assets 84.3us-gaap_PrepaidExpenseAndOtherAssetsCurrent 87.2us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 711.2us-gaap_AssetsCurrent 681.7us-gaap_AssetsCurrent
Property, plant and equipment 1,891.9us-gaap_PropertyPlantAndEquipmentGross 1,868.7us-gaap_PropertyPlantAndEquipmentGross
Less accumulated depreciation (630.7)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment (630.5)us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Property, plant and equipment, net 1,261.2us-gaap_PropertyPlantAndEquipmentNet 1,238.2us-gaap_PropertyPlantAndEquipmentNet
Goodwill and intangible assets 59.1us-gaap_IntangibleAssetsNetIncludingGoodwill 59.8us-gaap_IntangibleAssetsNetIncludingGoodwill
Investments in affiliated companies 32.0us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures 34.2us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
Other assets 23.7us-gaap_OtherAssetsNoncurrent 22.5us-gaap_OtherAssetsNoncurrent
Total assets 2,087.2us-gaap_Assets 2,036.4us-gaap_Assets
Current liabilities:    
Short-term borrowings 0.2us-gaap_LongTermDebtCurrent 1.3us-gaap_LongTermDebtCurrent
Accounts payable 140.1us-gaap_AccountsPayableCurrent 175.0us-gaap_AccountsPayableCurrent
Accrued liabilities 139.2us-gaap_AccruedLiabilitiesCurrent 134.3us-gaap_AccruedLiabilitiesCurrent
Total current liabilities 279.5us-gaap_LiabilitiesCurrent 310.6us-gaap_LiabilitiesCurrent
Long-term debt 480.0us-gaap_LongTermDebtNoncurrent 415.0us-gaap_LongTermDebtNoncurrent
Other non-current liabilities 162.2us-gaap_OtherLiabilitiesNoncurrent 160.9us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 921.7us-gaap_Liabilities 886.5us-gaap_Liabilities
Stockholders’ equity:    
Common stock, $0.01 par value, 200.0 shares authorized, 105.8 and 104.8 shares issued at March 31, 2015 and December 31, 2014, respectively 1.1us-gaap_CommonStockValue 1.0us-gaap_CommonStockValue
Additional paid-in capital 706.8us-gaap_AdditionalPaidInCapitalCommonStock 678.5us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 904.0us-gaap_RetainedEarningsAccumulatedDeficit 845.5us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (135.0)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (69.7)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity including treasury stock value 1,476.9hxl_StockholdersEquityIncludingTreasuryStockValue 1,455.3hxl_StockholdersEquityIncludingTreasuryStockValue
Less — Treasury stock, at cost, 9.5 shares at March 31, 2015 and 9.3 shares at December 31, 2014 (311.4)us-gaap_TreasuryStockValue (305.4)us-gaap_TreasuryStockValue
Total stockholders’ equity 1,165.5us-gaap_StockholdersEquity 1,149.9us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity $ 2,087.2us-gaap_LiabilitiesAndStockholdersEquity $ 2,036.4us-gaap_LiabilitiesAndStockholdersEquity