XML 53 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 219.0 $ 154.0
Accounts receivable, net 600.2 458.5
Inventories, net 249.2 261.8
Prepaid expenses and other current assets 108.5 123.5
Total current assets 1,176.9 997.8
Property, plant and equipment, net 1,066.7 1,058.5
Deferred income taxes 327.7 341.8
Goodwill 155.6 156.4
GM postretirement cost sharing asset 233.9 242.0
Other assets and deferred charges 264.8 232.5
Total assets 3,225.6 3,029.0
Current Liabilities    
Current portion of long-term debt 17.1 0
Accounts payable 496.3 445.8
Accrued compensation and benefits 102.7 110.1
Deferred revenue 22.2 17.0
Accrued expenses and other current liabilities 100.2 94.2
Total current liabilities 738.5 667.1
Long-term debt 1,525.5 1,559.1
Deferred revenue 101.4 76.4
Postretirement benefits and other long-term liabilities 690.9 692.8
Total liabilities 3,056.3 2,995.4
Stockholders' equity    
Common stock, par value $0.01 per share 0.8 0.8
Paid-in capital 621.1 612.8
Accumulated deficit (46.9) (181.3)
Treasury stock at cost, 6.1 million shares as of September 30, 2014 and 6.0 millions shares as of December 31, 2013 (182.8) (182.5)
Accumulated other comprehensive income (loss), net of tax    
Defined benefit plans (191.6) (197.9)
Foreign currency translation adjustments (30.5) (18.6)
Unrecognized gain (loss) on derivatives (0.8) 0.3
Total stockholders’ equity 169.3 33.6
Total liabilities and stockholders' equity $ 3,225.6 $ 3,029.0