Basis of Presentation and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Impact of Adoption of Topic 842 on Condensed Consolidated Statement of Operations and Condensed Consolidated Balance Sheet

The following table presents the effect to the Company’s previously reported Consolidated Balance Sheet at December 31, 2018 and Consolidated Statement of Operations for the year ended December 31, 2018:

	As of December 31, 2018
	As Previously Reported		Revision			As Revised		Reclassification			As Reclassified
Assets:
Cash and cash equivalents	$	495.7	$	—		$	495.7	$	—		$	495.7
Accounts receivable, net	1,850.7		—			1,850.7		204.8			2,055.5
Inventories	1,583.1		—			1,583.1		102.0			1,685.1
Prepaid expenses and other current assets	278.0		(2.4		)	275.6		5.1			280.7
Current assets held for sale	3,541.3		(6.1		)	3,535.2		(1,270.3		)	2,264.9
Total current assets	7,748.8		(8.5		)	7,740.3		(958.4		)	6,781.9
Property, plant and equipment, net	925.6		—			925.6		227.9			1,153.5
Goodwill	2,970.2		—			2,970.2		722.7			3,692.9
Other intangible assets, net	5,579.6		—			5,579.6		7.8			5,587.4
Deferred income taxes	165.2		14.5			179.7		—			179.7
Other assets	327.0		—			327.0		—			327.0
Total assets	$	17,716.4	$	6.0		$	17,722.4	$	—		$	17,722.4
Liabilities and Stockholders' Equity:
Accounts payable	1,019.5		—			1,019.5		110.7			1,130.2
Accrued compensation	159.1		—			159.1		7.9			167.0
Other accrued liabilities	1,182.3		(0.8		)	1,181.5		73.2			1,254.7
Short-term debt and current portion of long-term debt	318.7		—			318.7		—			318.7
Current liabilities held for sale	650.4		100.4			750.8		(208.6		)	542.2
Total current liabilities	3,330.0		99.6			3,429.6		(16.8		)	3,412.8
Long-term debt	6,696.3		—			6,696.3		—			6,696.3
Deferred income taxes	1,041.8		(66.7		)	975.1		15.9			991.0
Other noncurrent liabilities	1,370.5		(2.3		)	1,368.2		0.9			1,369.1
Total liabilities	12,438.6		30.6			12,469.2		—			12,469.2
Total stockholders' equity	5,277.8		(24.6		)	5,253.2		—			5,253.2
Total liabilities and stockholders' equity	$	17,716.4	$	6.0		$	17,722.4	$	—		$	17,722.4