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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
[1]
Current assets:    
Cash and cash equivalents $ 87.1 $ 186.4
Trade receivables, less allowance for doubtful accounts of $13.5 and $11.1 as of December 31, 2017 and December 31, 2016, respectively 444.8 423.9
Inventories 497.9 424.6
Prepaid expenses and other 113.4 88.8
Total current assets 1,143.2 1,123.7
Property, plant and equipment, net of accumulated depreciation of $385.5 and $304.7 as of December 31, 2017 and December 31, 2016, respectively 372.7 320.5
Deferred income taxes 138.0 149.7
Goodwill 692.5 689.5
Intangible assets, net of accumulated amortization of $130.9 and $84.8 as of December 31, 2017 and December 31, 2016, respectively 592.1 636.6
Other assets 118.4 103.5
Total assets 3,056.9 3,023.5
Current liabilities:    
Short-term borrowings 12.4 10.8
Current portion of long-term debt 170.2 18.1
Accounts payable 336.9 296.9
Accrued expenses and other 412.8 382.9
Total current liabilities 932.3 708.7
Long-term debt 2,653.7 2,663.1
Long-term pension and other post-retirement plan liabilities 172.8 184.1
Other long-term liabilities 68.5 82.4
Stockholders’ deficiency:    
Additional paid-in capital 1,040.0 1,033.2
Treasury stock, at cost: 1,114,528 and 1,024,908 shares of Class A Common Stock as of December 31, 2017 and December 31, 2016, respectively (21.7) (19.2)
Accumulated deficit (1,560.8) (1,377.6)
Accumulated other comprehensive loss (228.4) (251.7)
Total stockholders’ deficiency (770.4) (614.8)
Total liabilities and stockholders’ deficiency 3,056.9 3,023.5
Class A Common Stock    
Stockholders’ deficiency:    
Class A Common Stock, par value $0.01 per share; 900,000,000 shares authorized; 54,556,100 and 53,956,073 shares issued as of December 31, 2017 and December 31, 2016, respectively $ 0.5 $ 0.5
[1] Adjusted as a result of the adoption of certain accounting pronouncements as of December 31, 2017. See Note 1, "Description of Business and Summaryof Significant Accounting Policies - Recently Adopted Accounting Pronouncements," for details of these adjustments.