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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 472.3 $ 530.2
Accounts receivable, net 974.6 762.8
Inventories, net 446.8 410.4
Prepaid expenses and other 161.8 152.6
Total current assets 2,055.5 1,856.0
Property, plant and equipment, net 1,905.3 1,996.1
Deferred income taxes 135.7 121.1
Goodwill 179.3 183.8
Other intangible assets, net 636.2 697.2
GM postretirement cost sharing asset 200.2 201.1
Operating lease right-of-use assets 111.8 123.7
Other assets and deferred charges 455.6 456.7
Total assets 5,679.6 5,635.7
Current liabilities    
Current portion of long-term debt 19.2 18.8
Accounts payable 779.6 612.8
Accrued compensation and benefits 202.1 195.2
Deferred revenue 29.2 28.1
Current portion of operating lease liabilities 23.2 24.6
Accrued expenses and other 161.0 160.4
Total current liabilities 1,214.3 1,039.9
Long-term debt, net 2,974.1 3,085.7
Deferred revenue 70.1 94.8
Deferred income taxes 14.9 13.5
Long-term portion of operating lease liabilities 89.6 99.9
Postretirement benefits and other long-term liabilities 830.1 844.1
Total liabilities 5,193.1 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 September 30, 2022 and 122.5 million shares issued as of December 31, 2021 1.3 1.3
Paid-in capital 1,365.2 1,351.5
Accumulated deficit (263.5) (313.9)
Treasury stock at cost, 8.7 million shares as of September 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 (237.8) (241.9)
Foreign currency translation adjustments (182.0) (111.3)
Unrecognized gain (loss) on cash flow hedges, net of tax 21.5 (11.6)
Total stockholders' equity 486.5 457.8
Total liabilities and stockholders' equity $ 5,679.6 $ 5,635.7