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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 426.0 $ 535.1
Trade receivables (net of allowance of $12.6 and $9.9 at June 30, 2020 and December 31, 2019, respectively) 351.3 401.9
Inventories 699.8 847.7
Prepaid and other current assets 230.0 235.0
Total current assets 1,707.1 2,019.7
Non-current assets    
Property, plant and equipment – net 400.8 389.4
Goodwill 261.2 269.9
Intangible assets – net 8.8 9.7
Other assets 486.4 506.9
Total assets 2,864.3 3,195.6
Current liabilities    
Current portion of long-term debt 7.1 6.9
Trade accounts payable 349.7 508.1
Other current liabilities 318.8 357.4
Total current liabilities 675.6 872.4
Non-current liabilities    
Long-term debt, less current portion 1,167.4 1,168.8
Other non-current liabilities 220.9 222.1
Total liabilities 2,063.9 2,263.3
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value – authorized 300.0 shares; issued 82.9 and 82.2 shares at June 30, 2020 and December 31, 2019, respectively 0.9 0.8
Additional paid-in capital 826.8 824.4
Retained earnings 726.9 771.4
Accumulated other comprehensive income (loss) (294.8) (257.5)
Less cost of shares of common stock in treasury – 14.3 and 11.8 shares at June 30, 2020 and December 31, 2019, respectively (459.4) (406.8)
Total stockholders’ equity 800.4 932.3
Total liabilities and stockholders’ equity $ 2,864.3 $ 3,195.6