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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 544.5 $ 545.8
Accounts receivable, net 399.5 399.9
Inventories, net 346.8 347.0
Other current assets 131.3 114.9
Total current assets 1,422.1 1,407.6
Property, net 955.3 1,028.9
Goodwill 1,659.7 1,719.3
Intangible assets, net 1,450.4 1,590.8
Operating lease assets, net 89.1 65.3
Non-current deferred income tax assets 81.3 92.3
Other non-current assets 153.2 64.3
Total assets 5,811.1 5,968.5
Current liabilities:    
Short-term and current portion of long-term debt 7.7 9.5
Accounts payable 417.4 432.3
Current operating lease obligations 18.2 16.6
Accrued expenses and other current liabilities 331.0 331.8
Total current liabilities 756.1 773.6
Non-current liabilities:    
Long-term debt 2,059.3 2,070.5
Pension and other post-retirement benefits 58.0 67.2
Deferred income taxes 260.4 281.6
Operating lease obligations 63.5 43.2
Other non-current liabilities 405.7 504.8
Total non-current liabilities 2,725.4 2,856.9
SHAREHOLDERS' EQUITY    
Common Shares, $0.01 par, 400.0 shares authorized, 122.2 shares issued 1.2 1.2
Additional paid-in capital 1,537.5 1,529.7
Retained earnings 1,882.5 1,808.2
Common shares held in treasury, at cost, 30.8 shares in 2024 and 31.0 shares in 2023 (929.6) (932.5)
Accumulated other comprehensive loss (177.8) (87.4)
Avient shareholders’ equity 2,313.8 2,319.2
Noncontrolling interest 15.8 18.8
Total equity 2,329.6 2,338.0
Total liabilities and equity $ 5,811.1 $ 5,968.5