Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 01, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 62.8	$ 79.7
Receivables, net of allowances of $16.0 million at July 1, 2016 and $17.6 million at December 31, 2015	753.2	686.9
Inventories	771.5	807.8
Prepaid expenses and other	102.0	62.1
Current assets of discontinued operations	90.0	103.9
Total current assets	1,779.5	1,740.4
Property, plant and equipment, net	506.3	523.5
Deferred income taxes	18.2	20.6
Goodwill	19.7	22.2
Intangible assets, net	36.5	36.6
Unconsolidated affiliated companies	8.8	8.4
Other non-current assets	41.5	46.0
Non-current assets of discontinued operations	56.1	56.9
Total assets	2,466.6	2,454.6
Current liabilities:
Accounts payable	427.7	411.4
Accrued liabilities	360.1	331.4
Current portion of long-term debt	133.8	154.9
Current liabilities of discontinued operations	25.9	51.6
Total current liabilities	947.5	949.3
Long-term debt	890.3	911.6
Deferred income taxes	145.5	145.3
Other liabilities	178.9	185.6
Non-current liabilities of discontinued operations	1.8	1.7
Total liabilities	2,164.0	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: July 1, 2016 – 49,286,436 (net of 9,523,530 treasury shares), December 31, 2015 – 48,908,227 (net of 9,901,739 treasury shares)	0.6	0.6
Additional paid-in capital	713.7	720.5
Treasury stock	(171.7)	(180.1)
Retained earnings	34.5	27.2
Accumulated other comprehensive income (loss)	(306.3)	(340.2)
Total Company shareholders’ equity	270.8	228.0
Noncontrolling interest	13.6	14.9
Total equity	284.4	242.9
Total liabilities, redeemable noncontrolling interest and equity	$ 2,466.6	$ 2,454.6