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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 96.6 $ 101.1
Receivables, net of allowances of $22.0 million at June 30, 2017 and $20.2 million at December 31, 2016 697.9 664.5
Inventories 770.8 768.2
Prepaid expenses and other 76.6 65.4
Total current assets 1,641.9 1,599.2
Property, plant and equipment, net 536.6 529.3
Deferred income taxes 10.5 20.4
Goodwill 12.2 12.0
Intangible assets, net 26.1 28.3
Unconsolidated affiliated companies 0.2 9.0
Other non-current assets 49.5 43.4
Total assets 2,277.0 2,241.6
Current liabilities:    
Accounts payable 431.1 414.0
Accrued liabilities 337.9 419.6
Current portion of long-term debt 49.0 67.5
Total current liabilities 818.0 901.1
Long-term debt 1,034.0 871.1
Deferred income taxes 131.1 126.7
Other liabilities 170.9 173.8
Total liabilities 2,154.0 2,072.7
Commitments and contingencies (see Note 17)
Total Equity:    
Common stock, $0.01 par value, issued and outstanding shares: June 30, 2017 – 49,754,732 (net of 9,055,234 treasury shares), December 31, 2016 – 49,390,850 (net of 9,419,116 treasury shares) 0.6 0.6
Additional paid-in capital 707.0 711.0
Treasury stock (164.1) (169.9)
Retained earnings (deficit) (178.2) (102.2)
Accumulated other comprehensive income (loss) (245.1) (286.4)
Total Company shareholders’ equity 120.2 153.1
Noncontrolling interest 2.8 15.8
Total equity 123.0 168.9
Total liabilities and equity $ 2,277.0 $ 2,241.6