Supplemental Balance Sheet Information

3 Months Ended

Mar. 31, 2026

Disclosure Supplemental Balance Sheet Information [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	March 31, 2026		December 31, 2025
Inventories
Raw materials and supplies	$	250.1	$	213.5
Work-in-process	40.8		31.2
Finished goods	221.1		227.2
Total inventories	$	512.0	$	471.9
Other current assets
Contract assets	$	187.9	$	160.8
Prepaid expenses	48.0		46.8
Prepaid income taxes	3.8		12.1
Other current assets	18.1		17.5
Total other current assets	$	257.8	$	237.2
Property, plant and equipment, net
Land and land improvements	$	27.9	$	28.3
Buildings and leasehold improvements	226.6		220.0
Machinery and equipment	660.9		651.1
Construction in progress	66.2		65.7
Total property, plant and equipment	981.6		965.1
Accumulated depreciation and amortization	541.5		530.6
Total property, plant and equipment, net	$	440.1	$	434.5
Other non-current assets
Deferred compensation plan assets	$	19.2	$	18.8
Operating lease right-of-use assets	132.8		128.6
Deferred tax assets	46.7		46.7
Other non-current assets	24.3		29.2
Total other non-current assets	$	223.0	$	223.3
Other current liabilities
Dividends payable	$	34.2	$	34.6
Accrued rebates	88.4		91.5
Contract liabilities	165.5		176.8
Accrued taxes payable	68.7		56.7
Current operating lease liabilities	32.0		30.3
Accrued interest	24.7		9.8
Other current liabilities	100.8		74.5
Total other current liabilities	$	514.3	$	474.2
Other non-current liabilities
Income taxes payable	$	10.5	$	10.3
Deferred compensation plan liabilities	19.2		18.8
Cross currency swap liabilities	29.8		36.7
Non-current operating lease liabilities	108.7		105.0
Other non-current liabilities	34.5		33.8
Total other non-current liabilities	$	202.7	$	204.6