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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 53.5 $ 84.7
Receivables, net of allowances of $19.3 million at March 30, 2018 and $19.2 million at December 31, 2017 811.9 714.2
Inventories 728.7 736.1
Prepaid expenses and other 61.5 60.0
Total current assets 1,655.6 1,595.0
Property, plant and equipment, net 526.1 530.3
Deferred income taxes 7.2 7.9
Goodwill 11.0 11.0
Intangible assets, net 22.1 23.3
Unconsolidated affiliated companies 0.2 0.2
Other non-current assets 58.1 67.6
Total assets 2,280.3 2,235.3
Current liabilities:    
Accounts payable 444.9 437.5
Accrued liabilities 254.5 308.8
Current portion of long-term debt 33.9 46.9
Total current liabilities 733.3 793.2
Long-term debt 1,135.5 1,038.8
Deferred income taxes 114.4 108.6
Other liabilities 163.8 162.9
Total liabilities 2,147.0 2,103.5
Commitments and contingencies (see Note 19)
Total Equity:    
Common stock, $0.01 par value, issued and outstanding shares: March 30, 2018 – 50,728,522 (net of 7,910,174 treasury shares), December 31, 2017 – 50,583,870 (net of 8,054,826 treasury shares) 0.6 0.6
Additional paid-in capital 704.7 706.6
Treasury stock (149.9) (151.9)
Retained earnings (deficit) (197.7) (195.3)
Accumulated other comprehensive income (loss) (227.1) (230.8)
Total Company shareholders’ equity 130.6 129.2
Noncontrolling interest 2.7 2.6
Total equity 133.3 131.8
Total liabilities and equity $ 2,280.3 $ 2,235.3