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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 128.8 $ 27.8
Accounts receivable, net 358.3 453.7
Inventories 336.0 283.3
Other current assets 44.3 41.2
Total current assets 867.4 806.0
Total property, plant and equipment 633.6 651.7
Less: accumulated depreciation (389.4) (384.6)
Property, plant and equipment, net 244.2 267.1
Right of use asset, leases 90.2 101.9
Deferred income taxes 111.6 119.0
Goodwill 714.0 718.6
Identifiable intangibles, net 724.3 758.6
Other non-current assets 24.9 17.4
Total assets 2,776.6 2,788.6
Current liabilities:    
Notes payable 3.2 3.7
Current portion of long-term debt 46.7 29.5
Accounts payable 212.5 245.7
Accrued compensation 31.9 48.5
Accrued customer program liabilities 64.1 99.7
Lease liabilities 20.2 21.8
Other current liabilities 105.5 139.9
Total current liabilities 484.1 588.8
Long-term debt, net 971.4 777.2
Long-term lease liabilities 79.6 89.8
Deferred income taxes 168.4 177.5
Pension and post-retirement benefit obligations 266.3 283.2
Other non-current liabilities 95.2 98.4
Total liabilities 2,065.0 2,014.9
Stockholders' equity:    
Common stock 1.0 1.0
Treasury stock (39.9) (38.2)
Paid-in capital 1,876.9 1,890.8
Accumulated other comprehensive loss (553.2) (505.7)
Accumulated deficit (573.2) (574.2)
Total stockholders' equity 711.6 773.7
Total liabilities and stockholders' equity $ 2,776.6 $ 2,788.6