Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 58.0	$ 39.5
Trade receivables, net of allowances	226.2	288.9
Contract assets	76.4	74.4
Inventories	229.1	245.0
Other current assets	50.5	60.4
Total current assets	640.2	708.2
Property, plant and equipment, net of accumulated depreciation of $314.7 and $308.2, respectively	262.2	265.6
Goodwill	524.2	528.9
Intangible assets, net	303.8	325.9
Other assets	90.6	86.3
Total Assets	1,821.0	1,914.9
Current Liabilities:
Short-term debt and current portion of long-term debt	0.1	0.9
Accounts payable, trade and other	150.4	198.6
Advance and progress payments	101.9	107.0
Accrued payroll	30.8	54.0
Other current liabilities	129.1	114.0
Total current liabilities	412.3	474.5
Long-term debt, less current portion	647.6	698.3
Accrued pension and other postretirement benefits, less current portion	72.3	73.9
Other liabilities	92.2	98.7
Commitments and contingencies (Note 12)
Stockholders' Equity:
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued in 2020 or 2019	0.0	0.0
Common stock, $0.01 par value; 120,000,000 shares authorized; June 30, 2020: 31,741,607 issued and 31,728,225 outstanding and December 31, 2019: 31,741,607 issued and 31,666,654 outstanding	0.3	0.3
Common stock held in treasury, at cost June 30, 2020: 13,382 shares and December 31, 2019: 74,953 shares	(7.0)	(12.6)
Additional paid-in capital	236.1	241.8
Retained earnings	586.9	532.8
Accumulated other comprehensive loss	(219.7)	(192.8)
Total stockholders' equity	596.6	569.5
Total Liabilities and Stockholders' Equity	$ 1,821.0	$ 1,914.9