Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and equivalents	$ 68.8	$ 124.3
Accounts receivable, net	269.1	267.5
Contract assets	91.2	0.0
Inventories, net	128.8	143.0
Other current assets (includes income taxes receivable of $18.9 and $62.4 at December 31, 2018 and 2017, respectively)	40.5	97.7
Total current assets	598.4	632.5
Property, plant and equipment:
Land	19.4	15.8
Buildings and leasehold improvements	125.2	120.5
Machinery and equipment	334.1	330.4
Property, plant and equipment, gross	478.7	466.7
Accumulated depreciation	(294.5)	(280.1)
Property, plant and equipment, net	184.2	186.6
Goodwill	394.4	345.9
Intangibles, net	198.4	117.6
Other assets	657.7	706.9
Deferred income taxes	24.4	50.9
TOTAL ASSETS	2,057.5	2,040.4
Current liabilities:
Accounts payable	153.6	159.7
Contract liabilities	79.5	0.0
Accrued expenses	183.7	292.6
Income taxes payable	3.5	1.2
Short-term debt	31.9	7.0
Current maturities of long-term debt	18.0	0.5
Total current liabilities	470.2	461.0
Long-term debt	331.9	349.3
Deferred and other income taxes	23.2	29.6
Other long-term liabilities	817.3	885.8
Total long-term liabilities	1,172.4	1,264.7
Commitments and contingent liabilities (Note 14)
Equity:
Common stock (51,528,778 and 43,450,305 issued and outstanding at December 31, 2018, respectively, and 51,186,064 and 42,650,599 issued and outstanding at December 31, 2017, respectively)	0.5	0.5
Paid-in capital	1,295.4	1,309.8
Retained deficit	(650.1)	(742.3)
Accumulated other comprehensive income	244.9	250.1
Common stock in treasury (8,078,473 and 8,535,465 shares at December 31, 2018 and 2017, respectively)	(475.8)	(503.4)
Total equity	414.9	314.7
TOTAL LIABILITIES AND EQUITY	$ 2,057.5	$ 2,040.4

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 8
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130549-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682