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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 69.9 $ 31.5
Accounts receivable, less allowances of $11.1 and $12.8, respectively 134.4 155.7
Inventories — net 429.0 489.2
Notes receivable — net 62.4 65.1
Other current assets 54.0 45.9
Current assets of discontinued operations 0.0 254.2
Total current assets 749.7 1,041.6
Property, plant and equipment — net 308.8 410.7
Goodwill 299.6 306.5
Other intangible assets — net 114.1 119.3
Other non-current assets 45.6 177.4
Long-term assets held for sale 0.0 5.5
Long-term assets of discontinued operations 0.0 1,501.5
Total assets 1,517.8 3,562.5
Current Liabilities:    
Accounts payable and accrued expenses 321.2 436.3
Short-term borrowings 12.4 67.2
Product warranties 36.5 35.9
Customer advances 21.0 10.3
Product liabilities 21.7 21.9
Current liabilities of discontinued operations 0.0 312.0
Total current liabilities 412.8 883.6
Non-Current Liabilities:    
Long-term debt 269.1 1,330.4
Deferred income taxes 36.6 25.6
Pension obligations 86.4 99.4
Postretirement health and other benefit obligations 38.0 44.4
Long-term deferred revenue 20.3 29.7
Other non-current liabilities 64.1 87.3
Long-term liabilities of discontinued operations 0.0 219.8
Total non-current liabilities 514.5 1,836.6
Commitments and contingencies (Note 18)
Total Equity:    
Preferred stock (authorized 3,500,000 shares of $.01 par value; none outstanding) 0.0 0.0
Common stock (authorized 300,000,000 shares of $.01 par value; issued 163,175,928 shares; 139,841,214 and 136,617,161 shares outstanding, respectively) 1.4 1.4
Additional paid-in capital 567.6 558.0
Accumulated other comprehensive loss (162.9) (207.8)
Retained earnings 247.3 562.3
Treasury stock, at cost (23,334,714 and 26,558,767 shares, respectively) (62.9) (71.6)
Total Manitowoc stockholders’ equity 590.5 842.3
Total liabilities and equity $ 1,517.8 $ 3,562.5