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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 501.4 $ 530.2
Accounts receivable, net 929.3 762.8
Inventories, net 470.8 410.4
Prepaid expenses and other 154.3 152.6
Total current assets 2,055.8 1,856.0
Property, plant and equipment, net 1,980.6 1,996.1
Deferred income taxes 140.7 121.1
Goodwill 181.4 183.8
Other intangible assets, net 657.0 697.2
GM postretirement cost sharing asset 202.2 201.1
Operating lease right-of-use assets 116.1 123.7
Other assets and deferred charges 434.9 456.7
Total assets 5,768.7 5,635.7
Current liabilities    
Current portion of long-term debt 14.1 18.8
Accounts payable 803.6 612.8
Accrued compensation and benefits 184.7 195.2
Deferred revenue 30.1 28.1
Current portion of operating lease liabilities 24.2 24.6
Accrued expenses and other 157.0 160.4
Total current liabilities 1,213.7 1,039.9
Long-term debt, net 3,034.8 3,085.7
Deferred revenue 79.6 94.8
Deferred income taxes 17.3 13.5
Long-term portion of operating lease liabilities 95.7 99.9
Postretirement benefits and other long-term liabilities 858.4 844.1
Total liabilities 5,299.5 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 June 30, 2022 and 122.5 million shares issued as of December 31, 2021 1.3 1.3
Paid-in capital 1,360.6 1,351.5
Accumulated deficit (290.0) (313.9)
Treasury stock at cost, 8.7 million shares as of June 30, 2022 and 8.5 million shares as of December 31, 2021 (218.2) (216.3)
Accumulated other comprehensive income (loss)    
Defined benefit plans, net of tax (239.3) (241.9)
Foreign currency translation adjustments (147.6) (111.3)
Unrecognized gain (loss) on cash flow hedges, net of tax 2.4 (11.6)
Total stockholders' equity 469.2 457.8
Total liabilities and stockholders' equity $ 5,768.7 $ 5,635.7