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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 327.0 $ 159.6
Accounts and notes receivable, net 81.4 90.8
Inventories, net 63.7 53.8
Current assets of discontinued operations 290.3 306.1
Income tax receivable 10.0 30.7
Other current assets 8.5 7.9
Total current assets 780.9 648.9
Property, plant, and equipment, less accumulated depreciation and amortization of $406.1 and $361.4, respectively 484.3 499.9
Prepaid pension costs 122.7 88.3
Investment in joint venture 77.5 107.3
Goodwill and intangible assets, net 446.0 441.1
Deferred income taxes 14.4 19.6
Income taxes receivable 4.1 4.1
Other non-current assets 72.6 64.3
Total assets 2,002.5 1,873.5
Current liabilities:    
Current installments of long-term debt 47.5 32.5
Accounts payable and accrued expenses 366.5 108.4
Current liabilities of discontinued operations 117.2 128.5
Income tax payable 1.9 0.5
Total current liabilities 533.1 269.9
Long-term debt, less current installments 779.9 817.7
Postretirement benefit liabilities 74.0 79.2
Pension benefit liabilities 55.8 57.2
Other long-term liabilities 33.2 35.5
Income taxes payable 39.2 53.0
Deferred income taxes 156.4 141.7
Total non-current liabilities 1,138.5 1,184.3
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 61,534,015 shares issued and 49,955,685 shares outstanding as of September 30, 2018 and 60,782,736, shares issued and 52,772,139 shares outstanding as of December 31, 2017 0.6 0.6
Additional paid-in capital 512.2 516.8
Retained earnings 839.0 633.4
Treasury stock, at cost, 11,578,330 shares as of September 30, 2018 and 8,010,597 shares as of December 31, 2017 (611.7) (385.6)
Accumulated other comprehensive (loss) (409.2) (345.9)
Total shareholders' equity 330.9 419.3
Total liabilities and shareholders' equity $ 2,002.5 $ 1,873.5