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Unaudited condensed consolidated balance sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 279.3 $ 365.4
Accounts receivable, net of allowances of $26.4 and $29.6 1,104.8 1,074.6
Inventory 810.3 818.2
Other current assets 209.9 193.0
Total current assets 2,404.3 2,451.2
Property, plant and equipment, net of accumulated depreciation and impairment charges of $765.5 and $744.7 766.2 766.8
Other intangible assets, net (see note 7) 3,098.7 3,193.8
Goodwill, net (see note 7) 4,952.1 4,986.9
Other assets 441.7 396.0
Total assets 11,663.0 11,794.7
Liabilities and stockholders’ equity    
Current portion of debt 37.0 30.8
Accounts payable 735.5 741.7
Employee-related liabilities 161.7 162.7
Accrued interest 31.6 47.3
Other current liabilities 401.5 396.4
Total current liabilities 1,367.3 1,378.9
Debt, net of current portion 3,779.3 3,915.5
Deferred income tax liabilities 550.4 557.1
Other liabilities 377.3 378.2
Total liabilities 6,074.3 6,229.7
Commitments and contingencies (see note 8)
Common stock including paid-in capital, $0.01 par value, 750.0 shares authorized; 682.9 and 682.0 shares issued and outstanding 3,992.0 3,984.8
Treasury stock at cost, 6.6 shares (75.7) (75.7)
Accumulated earnings 1,716.1 1,672.8
Accumulated other comprehensive loss (43.7) (16.9)
Total stockholders’ equity 5,588.7 5,565.0
Total liabilities and stockholders’ equity $ 11,663.0 $ 11,794.7