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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 309.3 $ 289.3
Accounts receivable, net of allowance for doubtful accounts of $11.6 and $12.6 at June 30, 2024 and December 31, 2023, respectively 480.7 461.8
Inventories 335.4 298.9
Prepaid expenses 29.0 32.5
Other current assets 147.6 115.0
Total current assets 1,302.0 1,197.5
Property, plant and equipment, net 297.6 296.9
Goodwill 2,285.6 2,336.7
Intangible assets, net 806.6 879.3
Deferred income tax assets 149.2 120.5
Other assets 141.4 143.2
Total assets 4,982.4 4,974.1
Liabilities and stockholders' equity    
Accounts payable 146.2 140.6
Current installments of long-term debt 11.5 11.5
Accrued expenses and other current liabilities 214.5 217.3
Total current liabilities 372.2 369.4
Debt 1,916.8 1,921.0
Pension and post-retirement benefits 25.3 28.1
Deferred income tax liabilities 103.8 108.9
Other liabilities 175.6 202.4
Total liabilities 2,593.7 2,629.8
Commitments and contingencies (Note $8)
Stockholders' equity    
Common stock: 400.0 shares authorized (2024: 267.1 shares issued; 2023: 266.2 shares issued) 2.7 2.7
Additional paid-in capital 4,206.2 4,196.9
Treasury stock (2024: 25.0 shares; 2023: 24.6 shares) (349.4) (341.9)
Accumulated deficit (1,073.2) (1,183.3)
Accumulated other comprehensive loss (413.2) (345.9)
Total stockholders' equity 2,373.1 2,328.5
Non-controlling interests 15.6 15.8
Total equity 2,388.7 2,344.3
Total liabilities and stockholders' equity $ 4,982.4 $ 4,974.1