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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 51.5 $ 34.2
Short-term investments 0.6 0.5
Accounts and notes receivable, net of allowances of $7.9 and $8.5 in 2026 and 2025, respectively 918.1 578.8
Inventories, net 1,152.4 1,152.6
Other current assets 135.2 137.7
Total current assets 2,257.8 1,903.8
Restricted cash equivalents 18.8 18.5
Property, plant and equipment, net of accumulated depreciation of $1,088.0 and $1,043.9 in 2026 and 2025, respectively 934.2 887.2
Right-of-use assets from operating leases 412.7 356.3
Goodwill 503.7 497.2
Intangible assets, net of accumulated amortization of $46.7 and $38.3 in 2026 and 2025, respectively 265.8 273.0
Deferred income taxes 12.4 12.9
Other assets, net 139.6 132.9
Total assets 4,545.0 4,081.8
Current Liabilities:    
Accounts payable 523.5 438.0
Accrued expenses 373.4 374.2
Income taxes payable 22.6 46.4
Commercial paper 412.0 226.0
Current maturities of long-term debt 20.1 18.3
Current operating lease liabilities 87.2 88.9
Total current liabilities 1,438.8 1,191.8
Long-term debt 1,149.2 1,144.1
Long-term operating lease liabilities 356.2 293.4
Pensions 20.1 18.7
Other liabilities 283.5 270.7
Total liabilities 3,247.8 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 1,255.3 1,243.0
Retained earnings 5,185.1 4,891.1
Accumulated other comprehensive loss (58.6) (48.5)
Treasury stock, at cost, 52,611,203 shares and 52,374,147 shares for 2026 and 2025, respectively 5,085.5 4,923.4
Total stockholders' equity 1,297.2 1,163.1
Total liabilities and stockholders' equity $ 4,545.0 $ 4,081.8