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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 823.5 $ 658.6
Restricted Cash, Current 0.1 0.2
Accounts receivable, net 585.5 489.5
Unbilled Receivables, Current 522.9 501.0
Inventory, net 1,767.3 1,470.7
Other current assets 52.5 38.3
Total current assets 3,751.8 3,158.3
Property, plant and equipment, net 2,084.2 2,205.9
Operating Lease, Right-of-Use Asset 92.1 94.3
Unbilled Receivable, Non Current 0.0 1.2
Pension assets 33.5 196.9
Pension reversion assets 61.1 71.1
Deferred tax asset-non-current, net 0.1 4.8
Other assets 99.9 91.8
Total assets 6,950.1 6,666.2
Liabilities    
Accounts payable 1,106.8 919.8
Accrued expenses 420.1 411.7
Profit sharing 15.7 40.5
Current portion of long-term debt 64.8 53.7
Operating Lease, Liability, Current 9.1 8.3
Advance payments, short-term 38.3 24.9
Contract with Customer, Liability, Current 192.6 111.1
Provision for Loss on Contracts 256.6 305.9
Deferred revenue and other deferred credits, short-term 49.6 21.7
Other current liabilities 44.7 54.9
Total current liabilities 2,198.3 1,952.5
Long-term debt 4,018.7 3,814.9
Operating Lease, Liability, Noncurrent 84.3 85.4
Advance payments, long-term 301.9 199.9
Pension/OPEB obligation 30.3 25.2
Contract with Customer, Liability, Noncurrent 161.3 245.3
Provision for Loss on Contacts, Non Current 224.1 369.2
Deferred grant income liability — non-current 25.8 25.7
Deferred Tax Liabilities, Net, Noncurrent 9.1 1.3
Deferred revenue and other deferred credits 76.7 49.0
Other non-current liabilities 315.5 141.6
Stockholders’ Equity    
Preferred stock, par value $0.01, 10,000,000 shares authorized, no shares issued         0.0 0.0
Additional paid-in capital 1,429.1 1,179.5
Accumulated other comprehensive loss (89.6) (203.9)
Retained earnings 616.3 1,232.5
Treasury Stock, Value (2,456.7) (2,456.7)
Total stockholders' equity (499.7) (247.5)
Noncontrolling interest 3.8 3.7
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest (495.9) (243.8)
Total liabilities and equity 6,950.1 6,666.2
Goodwill 631.2 630.5
Intangible Assets, Net (Excluding Goodwill) $ 196.2 $ 211.4
Preferred Stock, Par Value $ 0.01 $ 0.01
Preferred Stock, Shares Authorized 10,000,000 10,000,000
Class A [Member]    
Stockholders’ Equity    
Common stock $ 1.2 $ 1.1
Common Stock, Par Value $ 0.01 $ 0.01
Common Stock, Shares Authorized 200,000,000 200,000,000
Common Stock, Shares, Issued 116,054,291 105,252,421
Class B [Member]    
Stockholders’ Equity    
Common Stock, Par Value $ 0 $ 0
Common Stock, Shares Authorized 0 0
Common Stock, Shares, Issued 0 0