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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 443.2 $ 648.3
Accounts receivable, net 860.2 899.7
Unbilled receivables, net 301.3 302.4
Inventories, net 965.7 917.7
Prepaid expenses and other current assets 174.3 213.3
Total current assets 2,744.7 2,981.4
Property, plant and equipment, net of accumulated depreciation and amortization of $984.8 at June 30, 2024 and $947.1 at December 31, 2023 755.6 777.0
Goodwill 8,040.2 8,002.8
Acquired intangibles, net 2,182.9 2,278.1
Prepaid pension assets 211.5 203.3
Other assets, net 286.2 285.3
Total Assets 14,221.1 14,527.9
Current Liabilities    
Accounts payable 399.7 384.7
Accrued liabilities 836.8 781.3
Current portion of long-term debt 150.5 600.1
Total current liabilities 1,387.0 1,766.1
Long-term debt, net of current portion 2,646.9 2,644.8
Long-term deferred tax liabilities 407.1 415.4
Other long-term liabilities 455.2 475.8
Total Liabilities 4,896.2 5,302.1
Commitments and contingencies
Redeemable Noncontrolling Interest 5.2 4.6
Stockholders’ Equity    
Preferred stock, $0.01 par value; outstanding shares - none 0.0 0.0
Common stock, $0.01 par value; issued shares: 47,432,939 at June 30, 2024 and 47,331,845 at December 31, 2023; outstanding shares: 46,943,484 at June 30, 2024 and 47,331,845 at December 31, 2023 0.5 0.5
Additional paid-in capital 4,435.9 4,407.3
Retained earnings 5,806.2 5,447.5
Treasury stock, 489,455 shares at June 30, 2024 and — at December 31, 2023 (191.9) 0.0
Accumulated other comprehensive income (loss) (731.0) (634.1)
Total Stockholders’ Equity 9,319.7 9,221.2
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders' Equity $ 14,221.1 $ 14,527.9