CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 48.9 $ 77.4
Receivables, less allowance for doubtful accounts of $9.2 in 2017 and $9.0 in 2016 226.3 320.9
Inventories 237.7 280.6
Other 35.2 36.1
Total current assets 548.1 715.0
Property, plant and equipment, net 1,109.4 1,092.3
Intangible assets, net 155.4 157.6
Goodwill 417.2 412.2
Investment in equity investee 24.1 24.9
Other 69.1 64.5
Total assets 2,323.3 2,466.5
Current liabilities:    
Current portion of long-term debt 116.5 130.2
Accounts payable 74.3 100.8
Accrued expenses 80.2 105.3
Accrued salaries and wages 18.6 22.6
Income taxes payable 2.3 4.4
Accrued interest 5.2 8.7
Total current liabilities 297.1 372.0
Long-term debt, net of current portion 1,114.9 1,194.8
Deferred income taxes, net 131.8 130.8
Other noncurrent liabilities 49.4 51.8
Commitments and contingencies
Stockholders’ equity:    
Common stock: $0.01 par value, 200,000,000 authorized shares; 35,367,264 issued shares 0.4 0.4
Additional paid-in capital 98.5 97.1
Treasury stock, at cost — 1,544,483 shares at March 31, 2017, and 1,577,960 shares at December 31, 2016 (2.9) (3.0)
Retained earnings 724.6 727.5
Accumulated other comprehensive loss (90.5) (104.9)
Total stockholders’ equity 730.1 717.1
Total liabilities and stockholders’ equity $ 2,323.3 $ 2,466.5