XML 40 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets:    
Cash and cash equivalents $ 86.5 $ 166.5
Receivables, net of allowance for doubtful accounts of $6.2 million at March 31, 2014 and $5.5 million at December 31, 2013 529.7 548.8
Inventories 443.4 403.6
Prepaid expenses and other 34.9 31.6
Deferred income taxes 20.5 18.0
Total current assets 1,115.0 1,168.5
Property, plant and equipment, net 1,646.0 1,658.7
Goodwill 1,755.2 1,763.2
Customer relationships, net 1,081.6 1,101.8
Other intangible assets, net 71.6 72.9
Other assets, net 103.5 112.1
Total assets 5,772.9 5,877.2
Liabilities and Equity:    
Current portion of long-term debt 2.8 2.8
Accounts payable 339.2 313.7
Interest payable 12.7 15.4
Income taxes payable 3.9 17.1
Accrued compensation 25.7 61.5
Other accrued current liabilities 127.9 132.6
Total current liabilities 512.2 543.1
Long-term debt, excluding the current portion of long-term debt 1,329.3 1,330.0
Lease financing obligation 100.6 104.7
Deferred income taxes 847.4 865.5
Pensions and other postretirement benefits 125.9 129.8
Other non-current liabilities 166.0 175.8
Total liabilities 3,081.4 3,148.9
Commitments and contingencies      
Equity:    
Preferred stock-$0.01 par value; 75,000,000 shares authorized; no shares issued      
Common stock-$0.01 par value; shares authorized: 200,000,000 at March 31, 2014 and December 31, 2013; issued and outstanding: 69,922,433 and March 31, 2014 and 69,890,666 at December 31, 2013 0.7 0.7
Additional paid-in capital 2,274.6 2,272.6
Retained earnings 246.4 269.3
Accumulated other comprehensive income, net of tax 53.0 66.3
Total Axiall stockholders' equity 2,574.7 2,608.9
Noncontrolling interest 116.8 119.4
Total equity 2,691.5 2,728.3
Total liabilities and equity $ 5,772.9 $ 5,877.2