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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 217.2 $ 415.1
Short-term investments 5.7 7.2
Accounts and notes receivable, net of allowances of $16.2 and $17.8 in 2025 and 2024, respectively 651.7 661.1
Inventories, net 902.3 704.8
Other current assets 78.1 96.0
Total current assets 1,855.0 1,884.2
Property, plant and equipment, net of accumulated depreciation of $978.3 and $956.8 in 2025 and 2024, respectively 810.3 800.1
Right-of-use assets from operating leases 323.1 327.2
Goodwill 220.0 220.0
Deferred income taxes 76.6 75.1
Other assets, net 170.4 165.2
Total assets 3,455.4 3,471.8
Current Liabilities:    
Accounts payable 576.6 490.0
Accrued expenses 326.3 435.4
Current maturities of long-term debt 315.2 314.5
Current operating lease liabilities 76.5 73.4
Total current liabilities 1,294.6 1,313.3
Long-term debt 834.2 833.1
Long-term operating lease liabilities 263.9 267.6
Pensions 19.7 18.9
Other liabilities 190.5 188.7
Total liabilities 2,602.9 2,621.6
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 25,000,000 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, $0.01 par value, 200,000,000 shares authorized, 87,170,197 shares issued 0.9 0.9
Additional paid-in capital 1,219.0 1,213.3
Retained earnings 4,230.3 4,150.8
Accumulated other comprehensive loss (80.6) (93.7)
Treasury stock, at cost, 51,678,069 shares and 51,573,986 shares for 2025 and 2024, respectively 4,517.1 4,421.1
Total stockholders' equity 852.5 850.2
Total liabilities and stockholders' equity $ 3,455.4 $ 3,471.8