Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 83.4	$ 101.1
Receivables, net of allowances of $22.6 million at March 31, 2017 and $20.2 million at December 31, 2016	673.9	664.5
Inventories	818.1	768.2
Prepaid expenses and other	82.4	65.4
Total current assets	1,657.8	1,599.2
Property, plant and equipment, net	529.0	529.3
Deferred income taxes	20.0	20.4
Goodwill	12.1	12.0
Intangible assets, net	27.1	28.3
Unconsolidated affiliated companies	0.2	9.0
Other non-current assets	47.6	43.4
Total assets	2,293.8	2,241.6
Current liabilities:
Accounts payable	424.9	414.0
Accrued liabilities	340.8	419.6
Current portion of long-term debt	59.6	67.5
Total current liabilities	825.3	901.1
Long-term debt	992.9	871.1
Deferred income taxes	124.0	126.7
Other liabilities	170.6	173.8
Total liabilities	2,112.8	2,072.7
Commitments and contingencies (see Note 17)
Total Equity:
Common stock, $0.01 par value, issued and outstanding shares: March 31, 2017 – 49,615,292 (net of 9,194,674 treasury shares), December 31, 2016 – 49,390,850 (net of 9,419,116 treasury shares)	0.6	0.6
Additional paid-in capital	705.9	711.0
Treasury stock	(166.0)	(169.9)
Retained earnings (deficit)	(98.3)	(102.2)
Accumulated other comprehensive income (loss)	(276.9)	(286.4)
Total Company shareholders’ equity	165.3	153.1
Noncontrolling interest	15.7	15.8
Total equity	181.0	168.9
Total liabilities and equity	$ 2,293.8	$ 2,241.6