Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 99.8	$ 107.4
Accounts receivable, net	141.7	115.1
Inventories	136.8	119.4
Assets held for sale	17.0	17.3
Other current assets	8.2	5.1
Total current assets	403.5	364.3
Property, plant and equipment, net	342.9	307.4
Deferred income tax benefits	3.8	3.7
Investment in equity affiliates	64.7	63.8
Goodwill	337.0	229.5
Intangible assets	307.1	177.5
Other assets	28.5	27.5
Total assets	1,487.5	1,173.7
Current liabilities
Current debt	2.9	3.0
Accounts payable	66.2	50.3
Income taxes payable	4.4	5.3
Accrued expenses	70.4	77.2
Total current liabilities	143.9	135.8
Long-term debt	723.2	437.4
Pension and other postretirement benefits	33.4	33.1
Deferred income tax liabilities	30.0	29.8
Other liabilities	39.3	29.3
Total liabilities	969.8	665.4
Stockholders’ equity:
Preferred stock, $0.10 par value; 10,000,000 shares authorized; none issued or outstanding	0.0	0.0
Common stock, $0.10 par value; 100,000,000 shares authorized; 30,691,558 and 30,544,494 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively	3.1	3.1
Additional paid-in-capital	60.6	59.2
Retained earnings	585.0	585.3
Accumulated other comprehensive loss, net of tax	(131.0)	(139.3)
Total stockholders’ equity	517.7	508.3
Total liabilities and stockholders’ equity	$ 1,487.5	$ 1,173.7

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).

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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.