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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 1,543.4 $ 481.2
Accounts receivable, net 702.5 560.0
Inventories, net 221.6 219.5
Prepaid expenses and other 106.0 75.8
Total current assets 2,573.5 1,336.5
Property, plant and equipment, net 1,143.0 1,093.7
Deferred income taxes 362.0 356.4
Goodwill 233.8 154.0
GM postretirement cost sharing asset 235.2 236.1
Other assets and deferred charges 314.5 271.4
Total assets 4,862.0 3,448.1
Current liabilities    
Current portion of long-term debt 3.4 3.3
Accounts payable 527.9 382.3
Accrued compensation and benefits 106.3 139.3
Deferred revenue 24.5 24.6
Accrued expenses and other 110.6 102.0
Total current liabilities 772.7 651.5
Long-term debt, net 2,581.5 1,400.9
Deferred revenue 72.8 70.8
Postretirement benefits and other long-term liabilities 799.2 794.9
Total liabilities 4,226.2 2,918.1
Stockholders' equity    
83.7 million shares issued as of March 31, 2017 and 83.0 million shares issued as of December 31, 2016 0.9 0.9
Paid-in capital 665.6 660.1
Retained earnings 528.1 449.7
Treasury stock at cost, 6.8 million shares as of March 31, 2017 and 6.5 million shares as of December 31, 2016 (196.3) (191.1)
Accumulated other comprehensive loss    
Defined benefit plans, net of tax (243.8) (243.5)
Foreign currency translation adjustments (110.5) (122.4)
Unrecognized loss on cash flow hedges (8.2) (23.7)
Total stockholders’ equity 635.8 530.0
Total liabilities and stockholders' equity $ 4,862.0 $ 3,448.1