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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 167.2 $ 116.9
Trade accounts receivable, net of allowance for doubtful accounts of $12.8 and $11.9, respectively 714.3 607.8
Inventories 1,278.7 1,092.9
Prepaid income taxes 9.0 0.0
Other current assets 147.0 118.1
Total current assets 2,316.2 1,935.7
Property and equipment, net 924.8 893.6
Other assets 80.5 81.2
Total assets 3,321.5 2,910.5
Current liabilities:    
Current portion of debt 3.0 3.0
Accounts payable 193.6 147.5
Accrued expenses 240.8 194.0
Income taxes payable 0.0 6.5
Total current liabilities 437.4 351.0
Long-term debt 497.0 412.0
Deferred income taxes 84.4 50.6
Commitments and contingencies (Notes 5, 8, 9, and 10)
Stockholders' equity:    
Preferred stock: $0.01 par value, 5,000,000 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock: $0.01 par value, 400,000,000 shares authorized, 285,901,919 and 287,591,536 shares issued and outstanding, respectively 2.9 2.9
Additional paid-in capital 3.0 8.5
Retained earnings 2,341.6 2,110.6
Accumulated other comprehensive loss (44.8) (25.1)
Total stockholders' equity 2,302.7 2,096.9
Total liabilities and stockholders' equity $ 3,321.5 $ 2,910.5