XML 16 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 562.6 $ 601.2
Accounts receivable, net 757.9 642.3
Inventories, net 475.4 461.1
Other current assets 134.3 122.4
Total current assets 1,930.2 1,827.0
Property, net 661.9 676.1
Goodwill 1,283.4 1,286.4
Intangible assets, net 904.1 925.2
Operating lease assets, net 67.1 74.1
Other non-current assets 200.3 208.4
Total assets 5,047.0 4,997.2
Current liabilities:    
Short-term and current portion of long-term debt 607.5 8.6
Accounts payable 642.3 553.9
Current operating lease obligations 21.7 24.2
Accrued expenses and other current liabilities 288.1 353.9
Total current liabilities 1,559.6 940.6
Non-current liabilities:    
Long-term debt 1,250.2 1,850.3
Pension and other post-retirement benefits 98.5 100.0
Deferred income taxes 99.4 100.6
Non-current operating lease obligations 45.9 50.1
Other non-current liabilities 164.1 165.1
Total non-current liabilities 1,658.1 2,266.1
SHAREHOLDERS' EQUITY    
Avient shareholders’ equity 1,813.2 1,774.7
Noncontrolling interest 16.1 15.8
Total equity 1,829.3 1,790.5
Total liabilities and equity $ 5,047.0 $ 4,997.2