Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions |
Mar. 31, 2020 |
Dec. 31, 2019 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 1,280.2
|
$ 864.7
|
| Accounts receivable, net |
382.4
|
330.0
|
| Inventories, net |
271.1
|
260.9
|
| Other current assets |
56.9
|
57.7
|
| Total current assets |
1,990.6
|
1,513.3
|
| Property, net |
400.8
|
407.4
|
| Goodwill |
684.2
|
685.7
|
| Intangible assets, net |
461.4
|
469.3
|
| Operating lease assets, net |
58.9
|
63.8
|
| Other non-current assets |
146.8
|
133.8
|
| Total assets |
3,742.7
|
3,273.3
|
| Current liabilities: |
|
|
| Short-term and current portion of long-term debt |
18.2
|
18.4
|
| Accounts payable |
329.6
|
287.7
|
| Current operating lease obligations |
19.6
|
21.0
|
| Accrued expenses and other current liabilities |
320.4
|
375.4
|
| Total current liabilities |
687.8
|
702.5
|
| Non-current liabilities: |
|
|
| Long-term debt |
1,209.7
|
1,210.9
|
| Pension and other post-retirement benefits |
55.9
|
56.6
|
| Non-current operating lease obligations |
39.3
|
42.8
|
| Other non-current liabilities |
211.4
|
207.8
|
| Total non-current liabilities |
1,516.3
|
1,518.1
|
| SHAREHOLDERS' EQUITY |
|
|
| PolyOne shareholders’ equity |
1,538.6
|
1,051.9
|
| Noncontrolling interest |
0.0
|
0.8
|
| Total equity |
1,538.6
|
1,052.7
|
| Total liabilities and equity |
$ 3,742.7
|
$ 3,273.3
|