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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 615.6 $ 511.5
Accounts receivable, net 885.2 820.2
Inventories, net 460.4 463.9
Prepaid expenses and other 178.0 197.8
Total current assets 2,139.2 1,993.4
Property, plant and equipment, net 1,765.4 1,903.0
Deferred income taxes 152.0 119.0
Goodwill 181.0 181.6
Other intangible assets, net 553.3 616.2
GM postretirement cost sharing asset 126.6 127.6
Operating lease right-of-use assets 113.6 107.2
Other assets and deferred charges 443.9 421.4
Total assets 5,475.0 5,469.4
Current liabilities    
Current portion of long-term debt 24.5 75.9
Accounts payable 811.7 734.0
Accrued compensation and benefits 196.8 186.6
Deferred revenue 15.5 28.1
Current portion of operating lease liabilities 21.5 21.1
Accrued expenses and other 178.7 153.6
Total current liabilities 1,248.7 1,199.3
Long-term debt, net 2,833.9 2,845.1
Deferred revenue 67.1 73.4
Deferred income taxes 6.7 10.7
Long-term portion of operating lease liabilities 93.7 87.2
Postretirement benefits and other long-term liabilities 611.2 626.4
Total liabilities 4,861.3 4,842.1
Stockholders' equity    
Common stock, par value $0.01 per share; 150.0 million shares authorized; 127.4 million shares issued as of September 30, 2023 and 123.3 million shares issued as of December 31, 2022 1.3 1.3
Paid-in capital 1,379.5 1,369.2
Accumulated deficit (264.1) (249.6)
Treasury stock at cost, 10.3 million shares as of September 30, 2023 and 8.7 million shares as of December 31, 2022 (232.9) (218.2)
Accumulated other comprehensive income (loss)    
Defined benefit plans, net of tax (149.4) (146.9)
Foreign currency translation adjustments (161.7) (149.7)
Unrecognized gain on cash flow hedges, net of tax 41.0 21.2
Total stockholders' equity 613.7 627.3
Total liabilities and stockholders' equity $ 5,475.0 $ 5,469.4