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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and equivalents $ 83.5 $ 99.6
Accounts receivable, net 252.0 251.7
Inventories, net 168.3 145.7
Other current assets 35.1 30.6
Total current assets 538.9 527.6
Property, plant and equipment:    
Land 15.4 15.4
Buildings and leasehold improvements 119.5 117.3
Machinery and equipment 334.1 329.8
Property, plant and equipment, gross 469.0 462.5
Accumulated depreciation (277.4) (267.0)
Property, plant and equipment, net 191.6 195.5
Goodwill 344.1 340.4
Intangibles, net [1] 118.4 117.9
Other assets 671.9 680.5
Deferred income taxes 64.5 50.6
TOTAL ASSETS 1,929.4 1,912.5
Current liabilities:    
Accounts payable 140.8 137.6
Accrued expenses 291.2 304.3
Income taxes payable 1.3 1.7
Short-term debt 33.9 14.8
Current maturities of long-term debt 18.1 17.9
Total current liabilities 485.3 476.3
Long-term debt 315.4 323.5
Deferred and other income taxes 45.6 42.4
Other long-term liabilities 874.4 878.7
Total long-term liabilities 1,235.4 1,244.6
Commitments and contingent liabilities (Note 13)
Equity:    
Common stock (51,050,116 and 42,499,436 issued and outstanding at July 1, 2017, respectively, 50,754,779 and 41,940,089 issued and outstanding at December 31, 2016, respectively) 0.5 0.5
Paid-in capital 1,301.5 1,307.9
Retained deficit (823.2) (831.6)
Accumulated other comprehensive income 234.2 235.1
Common stock in treasury (8,550,680 and 8,814,690 shares at July 1, 2017 and December 31, 2016, respectively) (504.3) (520.3)
Total equity 208.7 191.6
TOTAL LIABILITIES AND EQUITY $ 1,929.4 $ 1,912.5
[1] Changes in the gross carrying values of “Other Intangibles, Net” during the six months ended July 1, 2017 related to foreign currency translation.