Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 371.8	$ 346.1
Trade receivables, net of allowance for credit losses of $12.6 in 2024 and $14.9 in 2023	443.1	442.6
Income tax receivables	25.0	44.9
Other receivables	99.8	94.2
Advances and deposits	36.1	72.8
Inventories, net of inventory reserves of $45.4 in 2024 and $43.3 in 2023 (Note 7)	722.2	774.3
Prepaid expenses and other current assets	193.8	188.4
Total current assets	1,891.8	1,963.3
Property and equipment, net (Note 8)	1,397.9	1,416.4
Goodwill (Note 9)	2,878.5	2,892.5
Identifiable intangible assets, net (Note 9)	381.6	439.0
Deferred taxes	112.0	130.8
Operating lease right-of-use-assets (Note 4)	98.0	86.5
Other non-current assets	262.3	272.1
Total assets	7,022.1	7,200.6
Current liabilities:
Short-term borrowings (Note 15)	140.5	140.7
Current portion of long-term debt (Note 15)	64.6	35.7
Current portion of operating lease liabilities (Note 4)	29.7	29.2
Accounts payable	771.0	764.6
Accrued restructuring costs (Note 13)	42.6	23.1
Income tax payable	53.3	28.7
Other current liabilities (Note 14)	533.8	487.0
Total current liabilities	1,635.5	1,509.0
Long-term debt, less current portion (Note 15)	4,198.8	4,513.9
Long-term operating lease liabilities, less current portion (Note 4)	74.8	66.7
Deferred taxes	26.1	35.8
Other non-current liabilities (Note 14)	462.4	525.7
Total liabilities	6,397.6	6,651.1
Commitments and contingencies (Note 21)
Stockholders’ equity:
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2024 and 2023	0.0	0.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 154,610,375 in 2024 and 154,054,011 in 2023; shares outstanding: 145,731,673 in 2024 and 144,467,719 in 2023 (Note 22)	15.5	15.4
Additional paid-in capital	1,445.7	1,429.5
Retained earnings	643.4	496.5
Common stock in treasury, 8,878,702 shares in 2024 and 9,586,292 shares in 2023 (Note 22)	(404.2)	(436.4)
Accumulated other comprehensive loss, net of taxes:
Unrecognized pension items	(141.8)	(146.4)
Cumulative translation adjustment	(917.1)	(770.6)
Unrealized net loss on net investment hedges	(20.7)	(38.1)
Unrealized net gain (loss) on cash flow hedges	3.7	(0.4)
Total accumulated other comprehensive loss, net of taxes (Note 23)	(1,075.9)	(955.5)
Total stockholders’ equity	624.5	549.5
Total liabilities and stockholders’ equity	$ 7,022.1	$ 7,200.6