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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 86.5 $ 79.7
Receivables, net of allowances of $18.9 million at April 1, 2016 and $17.6 million at December 31, 2015 798.7 686.9
Inventories 828.0 807.8
Prepaid expenses and other 78.2 62.1
Current assets of discontinued operations 92.7 103.9
Total current assets 1,884.1 1,740.4
Property, plant and equipment, net 523.9 523.5
Deferred income taxes 20.7 20.6
Goodwill 20.6 22.2
Intangible assets, net 35.0 36.6
Unconsolidated affiliated companies 8.5 8.4
Other non-current assets 38.0 46.0
Non-current assets of discontinued operations 56.6 56.9
Total assets 2,587.4 2,454.6
Current liabilities:    
Accounts payable 470.1 411.4
Accrued liabilities 333.1 331.4
Current portion of long-term debt 172.8 154.9
Current liabilities of discontinued operations 25.1 51.6
Total current liabilities 1,001.1 949.3
Long-term debt 973.8 911.6
Deferred income taxes 148.9 145.3
Other liabilities 182.4 185.6
Non-current liabilities of discontinued operations 1.4 1.7
Total liabilities $ 2,307.6 $ 2,193.5
Commitments and contingencies (see Note 18)
Redeemable noncontrolling interest $ 18.2 $ 18.2
Total equity:    
Common stock, $0.01 par value, issued and outstanding shares: April 1, 2016 – 49,236,099 (net of 9,573,867 treasury shares), December 31, 2015 – 48,908,227 (net of 9,901,739 treasury shares) 0.6 0.6
Additional paid-in capital 712.2 720.5
Treasury stock (172.6) (180.1)
Retained earnings 13.6 27.2
Accumulated other comprehensive income (loss) (307.6) (340.2)
Total Company shareholders’ equity 246.2 228.0
Noncontrolling interest 15.4 14.9
Total equity 261.6 242.9
Total liabilities, redeemable noncontrolling interest and equity $ 2,587.4 $ 2,454.6