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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 262.0 $ 282.5
Accounts receivable, net 643.9 539.1
Inventories, net 229.7 230.5
Prepaid expenses and other 79.4 72.1
Total current assets 1,215.0 1,124.2
Property, plant and equipment, net 1,063.5 1,046.2
Deferred income taxes 364.2 373.6
Goodwill 154.7 154.4
GM postretirement cost sharing asset 239.0 243.2
Other assets and deferred charges 269.4 261.1
Total assets 3,305.8 3,202.7
Current liabilities    
Current portion of long-term debt 3.4 3.3
Accounts payable 483.4 412.7
Accrued compensation and benefits 101.5 128.0
Deferred revenue 23.9 22.9
Accrued expenses and other 105.6 132.3
Total current liabilities 717.8 699.2
Long-term debt, net 1,382.1 1,375.7
Deferred revenue 60.8 65.7
Postretirement benefits and other long-term liabilities 758.2 760.6
Total liabilities 2,918.9 2,901.2
Stockholders' equity    
Common stock, par value $0.01 per share 0.9 0.8
Paid-in capital 644.0 638.9
Retained earnings 265.3 204.2
Treasury stock at cost, 6.4 million shares as of March 31, 2016 and 6.2 million shares as of December 31, 2015 (189.4) (185.9)
Accumulated other comprehensive loss    
Defined benefit plans, net of tax (219.7) (223.9)
Foreign currency translation adjustments (104.2) (119.2)
Unrecognized loss on cash flow hedges (10.0) (13.4)
Total stockholders’ equity 386.9 301.5
Total liabilities and stockholders' equity $ 3,305.8 $ 3,202.7