DFS Annual Report

Notes to the Consolidated and Combined Financial Statements (in millions, except per share data, unless otherwise indicated)-(Continued) Condensed Consolidating Balance Sheets December 31, 2016 Parent Guarantor Subsidiaries Non-guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . $ — $ 21.8 $ 16.8 $ (2.4) $ 36.2 Receivables, less allowances . . . . . . . . . . . . . . . . . . . . . . . . — 119.9 36.3 — 156.2 Receivable from RR Donnelley . . . . . . . . . . . . . . . . . . . . . . 68.0 28.0 — — 96.0 Intercompany receivables . . . . . . . . . . . . . . . . . . . . . . . . . . — 63.0 — (63.0) — Intercompany short-term note receivable . . . . . . . . . . . . . . — — 15.3 (15.3) — Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 22.7 1.4 — 24.1 Prepaid expenses and other current assets . . . . . . . . . . . . . . 4.3 8.1 4.7 — 17.1 Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . 72.3 263.5 74.5 (80.7) 329.6 Property, plant and equipment-net . . . . . . . . . . . . . . . . . . . . — 32.4 3.1 — 35.5 Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 429.2 17.2 — 446.4 Other intangible assets-net . . . . . . . . . . . . . . . . . . . . . . . . . . — 44.0 10.3 — 54.3 Software-net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 41.0 0.6 — 41.6 Deferred income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 34.2 2.8 — 37.0 Other noncurrent assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.4 27.7 2.4 — 34.5 Investments in consolidated subsidiaries . . . . . . . . . . . . . . . 692.2 65.1 — (757.3) — Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $768.9 $937.1 $110.9 $(838.0) $978.9 LIABILITIES AND STOCKHOLDERS’ EQUITY Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3.4 $ 72.8 $ 11.5 $ (2.4) $ 85.3 Intercompany payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43.9 — 18.6 (62.5) — Intercompany short-term note payable . . . . . . . . . . . . . . . . 15.3 — — (15.3) — Accrued liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.2 81.4 11.6 (0.5) 100.7 Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . 70.8 154.2 41.7 (80.7) 186.0 Long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 587.0 — — — 587.0 Deferred compensation liabilities . . . . . . . . . . . . . . . . . . . . — 24.4 — — 24.4 Pension and other postretirement benefits plan liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 55.3 1.1 — 56.4 Other noncurrent liabilities . . . . . . . . . . . . . . . . . . . . . . . . . — 11.0 3.0 — 14.0 Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 657.8 244.9 45.8 (80.7) 867.8 Total equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111.1 692.2 65.1 (757.3) 111.1 Total liabilities and equity . . . . . . . . . . . . . . . . . . . . . . $768.9 $937.1 $110.9 $(838.0) $978.9 F-40