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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 120.2 $ 112.4
Receivables, net of allowances of $21.9 million at September 30, 2016 and $23.0 million at December 31, 2015 727.4 715.4
Inventories 779.6 846.4
Prepaid expenses and other 72.2 66.2
Total current assets 1,699.4 1,740.4
Property, plant and equipment, net 544.1 563.2
Deferred income taxes 28.1 30.9
Goodwill 12.2 22.2
Intangible assets, net 28.9 36.6
Unconsolidated affiliated companies 9.1 8.4
Other non-current assets 47.8 52.9
Total assets 2,369.6 2,454.6
Current liabilities:    
Accounts payable 417.4 428.7
Accrued liabilities 342.4 352.5
Current portion of long-term debt 96.1 168.1
Total current liabilities 855.9 949.3
Long-term debt 896.9 911.6
Deferred income taxes 139.3 145.5
Other liabilities 182.3 187.1
Total liabilities 2,074.4 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: September 30, 2016 – XXX (net of XXX treasury shares), December 31, 2015 – 48,908,227 (net of 9,901,739 treasury shares) 0.6 0.6
Additional paid-in capital 714.1 720.5
Treasury stock (171.6) (180.1)
Retained earnings 11.3 27.2
Accumulated other comprehensive income (loss) (292.2) (340.2)
Total Company shareholders’ equity 262.2 228.0
Noncontrolling interest 14.8 14.9
Total equity 277.0 242.9
Total liabilities, redeemable noncontrolling interest and equity $ 2,369.6 $ 2,454.6