Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 453.5	$ 466.5
Accounts receivable, net of allowance for doubtful accounts of $1.1 and $0.3 at September 30, 2022 and December 31, 2021, respectively	236.0	250.1
Inventories	405.1	379.2
Prepaid expenses and other current assets	41.5	41.3
Total current assets	1,136.1	1,137.1
Property, plant and equipment, net	242.3	242.3
Goodwill	248.8	270.0
Intangible assets, net	194.8	245.7
Deferred tax assets, net	37.3	37.6
Operating lease right-of-use assets	87.2	83.4
Other non-current assets	9.5	9.3
Total assets	1,956.0	2,025.4
Current liabilities:
Bank borrowings	20.1	22.1
Accounts payable	271.3	332.9
Accrued compensation and related benefits	47.5	46.8
Operating lease liabilities	16.1	17.3
Other current liabilities	52.4	50.0
Total current liabilities	407.4	469.1
Bank borrowings, net of current portion	509.2	529.9
Deferred tax liabilities	54.9	54.9
Operating lease liabilities	69.0	65.9
Other liabilities	13.4	12.9
Total liabilities	1,053.9	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; 45.4 shares and 44.9 shares issued and outstanding at September 30, 2022 and December 31, 2021,respectively	0.1	0.1
Additional paid-in capital	526.5	514.9
Common stock - $0.001 par value, 90.0 shares authorized; 45.4 shares and 44.9 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	(3.3)	(3.3)
Retained earnings	349.9	337.4
Accumulated other comprehensive loss	(16.5)	(0.2)
Total UCT stockholders' equity	856.7	848.9
Noncontrolling interests	45.4	43.8
Total equity	902.1	892.7
Total liabilities and stockholders' equity	$ 1,956.0	$ 2,025.4