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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 242.8 $ 573.0
Accounts receivable, net of allowance for doubtful accounts (September 30, 2022: $6.0; December 31, 2021: $4.1) 673.7 740.2
Inventories 614.0 621.0
Other current assets 40.5 44.3
Total current assets 1,571.0 1,978.5
Investments in unconsolidated affiliates 269.2 247.8
Property, plant and equipment, net of accumulated depreciation (September 30, 2022: $579.3; December 31, 2021: $556.5) 638.3 719.0
Other assets    
Goodwill 691.9 710.1
Other intangible assets, net 764.7 823.8
Right-of-use assets - operating, net 74.8 85.3
Deferred income tax assets 62.6 77.6
Deferred charges and other assets 59.4 70.1
Total other assets 1,653.4 1,766.9
Total assets 4,131.9 4,712.2
Current liabilities    
Short-term borrowings and current portion of long-term debt 16.7 18.5
Accounts payable 442.2 590.3
Current lease liabilities - operating 17.9 18.4
Income taxes payable 25.4 52.1
Accrued expenses and other current liabilities 215.4 235.1
Total current liabilities 717.6 914.4
Noncurrent liabilities    
Long-term debt, net of unamortized deferred financing fees 2,297.8 2,305.6
Noncurrent lease liabilities - operating 59.3 69.2
Deferred income tax liabilities 91.5 103.2
Other noncurrent obligations 267.6 306.7
Total noncurrent liabilities 2,716.2 2,784.7
Commitments and contingencies (Note 13)
Shareholders' equity    
Ordinary shares, $0.01 nominal value, 4,000.0 shares authorized (September 30, 2022: 39.2 shares issued and 35.1 shares outstanding; December 31, 2021: 38.9 shares issued and 37.9 shares outstanding) 0.4 0.4
Preferred shares, €0.01 nominal value, 1,000.0 shares authorized (no shares issued or outstanding)
Additional paid-in-capital 483.7 468.1
Treasury shares, at cost (September 30, 2022: 4.1 shares; December 31, 2021: 1.0 shares) (200.0) (50.0)
Retained earnings 641.0 741.8
Accumulated other comprehensive loss (227.0) (147.2)
Total shareholders' equity 698.1 1,013.1
Total liabilities and shareholders' equity $ 4,131.9 $ 4,712.2