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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 529.9 $ 530.2
Accounts receivable, net 928.1 762.8
Inventories, net 412.7 410.4
Prepaid expenses and other 170.2 152.6
Total current assets 2,040.9 1,856.0
Property, plant and equipment, net 1,947.8 1,996.1
Deferred income taxes 128.5 121.1
Goodwill 183.2 183.8
Other intangible assets, net 676.4 697.2
GM postretirement cost sharing asset 199.1 201.1
Operating lease right-of-use assets 120.0 123.7
Other assets and deferred charges 429.1 456.7
Total assets 5,725.0 5,635.7
Current liabilities    
Current portion of long-term debt 21.0 18.8
Accounts payable 754.7 612.8
Accrued compensation and benefits 164.4 195.2
Deferred revenue 30.2 28.1
Current portion of operating lease liabilities 24.4 24.6
Accrued expenses and other 159.0 160.4
Total current liabilities 1,153.7 1,039.9
Long-term debt, net 3,062.0 3,085.7
Deferred revenue 82.6 94.8
Deferred income taxes 12.7 13.5
Long-term portion of operating lease liabilities 96.5 99.9
Postretirement benefits and other long-term liabilities 833.0 844.1
Total liabilities 5,240.5 5,177.9
Stockholders' equity    
Common stock, par value $0.01 per share; 150.0 million shares authorized; 123.2 million shares issued as of March 31, 2022 and 122.5 million shares issued as of December 31, 2021 1.3 1.3
Paid-in capital 1,356.0 1,351.5
Accumulated deficit (312.9) (313.9)
Treasury stock at cost, 8.7 million shares as of March 31, 2022 and 8.5 million shares as of December 31, 2021 (218.1) (216.3)
Accumulated other comprehensive income (loss)    
Defined benefit plans, net of tax (240.6) (241.9)
Foreign currency translation adjustments (105.3) (111.3)
Unrecognized gain (loss) on cash flow hedges, net of tax 4.1 (11.6)
Total stockholders' equity 484.5 457.8
Total liabilities and stockholders' equity $ 5,725.0 $ 5,635.7