Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 30.6 $ 0.0
Accounts and notes receivable, net 76.0 72.2
Inventories, net 272.1 253.0
Income tax receivable 2.4 0.0
Prepaid expenses and other current assets 23.8 31.7
Total current assets 404.9 356.9
Property, plant and equipment, net 445.2 434.5
Prepaid pension costs 0.2 0.0
Intangible assets, net 42.6 42.6
Deferred income taxes 4.5  
Deferred income taxes   23.5
Other non-current assets 7.0 13.1
Total assets 904.4 870.6
Current liabilities:    
Accounts payable and accrued expenses 163.0 161.0
Income tax payable 0.4 0.0
Deferred income taxes   1.4
Total current liabilities 163.4 162.4
Long-term debt 21.2 10.0
Postretirement benefit liabilities 75.5 3.3
Pension benefit liabilities 1.6 0.0
Other long-term liabilities 9.1 12.4
Noncurrent income taxes payable 1.7 56.4
Deferred income taxes 8.4  
Deferred income taxes   2.1
Total liabilities 280.9 246.6
Stockholders' equity:    
Common stock with par value $.0001 per share: 100,000,000 shares authorized; 27,895,671 issued and outstanding 0.0 0.0
Preferred stock with par value $.0001 per share: 15,000,000 shares authorized; none issued 0.0 0.0
Additional paid-in capital 673.3 0.0
Net Armstrong World Industries, Inc. (AWI) investment, prior to Separation 0.0 622.0
Retained earnings 10.0 0.0
Accumulated other comprehensive (loss) income (59.8) 2.0
Total stockholders' equity 623.5 624.0
Total liabilities and stockholders' equity $ 904.4 $ 870.6