Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 01, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 367.0	$ 466.5
Accounts receivable, net of allowance for doubtful accounts of $0.2 and $0.3 at April 1, 2022 and December 31, 2021, respectively	279.3	250.1
Inventories	440.3	379.2
Prepaid expenses and other current assets	36.1	41.3
Total current assets	1,122.7	1,137.1
Property, plant and equipment, net	250.1	242.3
Goodwill	268.5	270.0
Intangibles assets, net	237.6	245.7
Deferred tax assets, net	36.6	37.6
Operating lease right-of-use assets	86.8	83.4
Other non-current assets	9.3	9.3
Total assets	2,011.6	2,025.4
Current liabilities:
Bank borrowings	19.5	22.1
Accounts payable	288.1	332.9
Accrued compensation and related benefits	40.8	46.8
Operating lease liabilities	17.3	17.3
Other current liabilities	51.9	50.0
Total current liabilities	417.6	469.1
Bank borrowings, net of current portion	530.9	529.9
Deferred tax liabilities	54.8	54.9
Operating lease liabilities	68.8	65.9
Other liabilities	13.2	12.9
Total liabilities	1,085.3	1,132.7
Commitments and contingencies (See Note 10)
UCT stockholders’ equity:
Preferred stock — $0.001 par value, 10.0 shares authorized; none outstanding	0.0	0.0
Common stock — $0.001 par value, 90.0 shares authorized; 44.9 shares and 40.6 shares issued and outstanding at April 1, 2022 and December 31, 2021, respectively	0.1	0.1
Additional paid-in capital	520.5	514.9
Common shares held in treasury, at cost, 0.6 shares at April 1, 2022 and December 31, 2021	(3.3)	(3.3)
Retained earnings	365.3	337.4
Accumulated other comprehensive gain (Loss)	(3.0)	(0.2)
Total UCT stockholders' equity	879.6	848.9
Noncontrolling interests	46.7	43.8
Total equity	926.3	892.7
Total liabilities and stockholders' equity	$ 2,011.6	$ 2,025.4