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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 48.2 $ 34.2
Short-term investments 2.0 0.5
Accounts and notes receivable, net of allowances of $9.1 and $8.5 in 2026 and 2025, respectively 647.9 578.8
Inventories, net 1,209.7 1,152.6
Other current assets 124.3 137.7
Total current assets 2,032.1 1,903.8
Restricted cash equivalents 19.0 18.5
Property, plant and equipment, net of accumulated depreciation of $1,064.3 and $1,043.9 in 2026 and 2025, respectively 917.6 887.2
Right-of-use assets from operating leases 404.4 356.3
Goodwill 503.7 497.2
Intangible assets, net of accumulated amortization of $42.4 and $38.3 in 2026 and 2025, respectively 269.7 273.0
Deferred income taxes 12.6 12.9
Other assets, net 133.6 132.9
Total assets 4,292.7 4,081.8
Current Liabilities:    
Accounts payable 464.6 438.0
Accrued expenses 301.5 374.2
Income taxes payable 63.4 46.4
Commercial paper 361.0 226.0
Current maturities of long-term debt 18.2 18.3
Current operating lease liabilities 83.8 88.9
Total current liabilities 1,292.5 1,191.8
Long-term debt 1,144.1 1,144.1
Long-term operating lease liabilities 347.8 293.4
Pensions 19.4 18.7
Other liabilities 275.0 270.7
Total liabilities 3,078.8 2,918.7
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 1,249.7 1,243.0
Retained earnings 4,963.0 4,891.1
Accumulated other comprehensive loss (48.0) (48.5)
Treasury stock, at cost, 52,360,280 shares and 52,374,147 shares for 2026 and 2025, respectively 4,951.7 4,923.4
Total stockholders' equity 1,213.9 1,163.1
Total liabilities and stockholders' equity $ 4,292.7 $ 4,081.8