Quarterly report pursuant to Section 13 or 15(d)

Condensed Combined Balance Sheets

v3.4.0.3
Condensed Combined Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Accounts and notes receivable, net $ 100.5 $ 72.2
Inventories, net 239.9 242.8
Deferred income taxes 2.9 3.0
Prepaid expenses and other current assets 27.5 31.7
Total current assets 370.8 349.7
Property, plant, and equipment, less accumulated depreciation and amortization of $315.7 and $311.1, respectively 432.8 434.5
Intangible assets, net 42.8 42.6
Deferred income taxes 23.6 23.5
Cash surrender value of life insurance and other non-current assets 11.7 13.1
Total assets 881.7 863.4
Current liabilities:    
Accounts payable and accrued expenses 145.1 161.0
Deferred income taxes 0.3 0.3
Total current liabilities 145.4 161.3
Long-term debt 0.0 10.0
Postretirement benefit liabilities 3.3 3.3
Other long-term liabilities 12.3 12.4
Noncurrent income taxes payable 56.5 56.4
Deferred income taxes 1.1 2.1
Total noncurrent liabilities 73.2 84.2
AWI investment in Armstrong Flooring, Inc. (“AFI”)    
Net AWI investment 666.9 615.9
Accumulated other comprehensive (loss) income (3.8) 2.0
Total AWI equity 663.1 617.9
Total liabilities and AWI equity $ 881.7 $ 863.4