Nichols Corporation's value of operations is equal to $400 million after a recapitalization (the firm had no debt before the recap). It raised $180 million in new debt and used this to buy back stock. Nichols had no short-term investments before or after the recap. After the recap, w_d = 45%. What is S (the value of equity after the recap)? Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number.