DFIN 2017 Annual Report

Notes to the Consolidated and Combined Financial Statements (in millions, except per share data, unless otherwise indicated) Condensed Consolidating Balance Sheet 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 R.R. 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 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-44