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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 49.2 $ 415.1
Short-term investments 5.9 7.2
Accounts and notes receivable, net of allowances of $12.6 and $17.8 in 2025 and 2024, respectively 868.2 661.1
Inventories, net 1,001.9 704.8
Other current assets 78.3 96.0
Total current assets 2,003.5 1,884.2
Property, plant and equipment, net of accumulated depreciation of $1,002.1 and $956.8 in 2025 and 2024, respectively 825.6 800.1
Right-of-use assets from operating leases 346.4 327.2
Goodwill 220.0 220.0
Deferred income taxes 81.4 75.1
Other assets, net 175.8 165.2
Total assets 3,652.7 3,471.8
Current Liabilities:    
Accounts payable 582.7 490.0
Accrued expenses 384.8 435.4
Income taxes payable 26.5 0.0
Commercial paper 29.0 0.0
Current maturities of long-term debt 316.4 314.5
Current operating lease liabilities 78.5 73.4
Total current liabilities 1,417.9 1,313.3
Long-term debt 835.7 833.1
Long-term operating lease liabilities 286.2 267.6
Pensions 20.5 18.9
Other liabilities 191.9 188.7
Total liabilities 2,752.2 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 1,228.3 1,213.3
Retained earnings 4,462.1 4,150.8
Accumulated other comprehensive loss (61.4) (93.7)
Treasury stock, at cost, 52,039,456 shares and 51,573,986 shares for 2025 and 2024, respectively 4,729.4 4,421.1
Total stockholders' equity 900.5 850.2
Total liabilities and stockholders' equity $ 3,652.7 $ 3,471.8