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Unaudited condensed consolidated balance sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 449.4 $ 261.9
Accounts receivable, net of allowances of $28.9 and $30.2 1,149.4 1,034.5
Inventory 779.8 731.5
Other current assets 136.0 118.7
Total current assets 2,514.6 2,146.6
Property, plant and equipment, net of accumulated depreciation and impairment charges of $699.7 and $629.5 759.0 708.1
Other intangible assets, net (see note 7) 3,350.2 3,360.2
Goodwill, net of accumulated impairment losses of $38.8 and $38.8 5,762.2 5,539.2
Other assets 390.9 360.4
Total assets 12,776.9 12,114.5
Liabilities and stockholders’ equity    
Current portion of debt 1,254.3 821.1
Accounts payable 708.8 662.8
Employee-related liabilities 174.0 168.2
Accrued interest 50.0 48.6
Other current liabilities 388.6 306.8
Total current liabilities 2,575.7 2,007.5
Debt, net of current portion 2,988.2 3,234.7
Deferred income tax liabilities 535.7 557.3
Other liabilities 391.4 358.3
Total liabilities 6,491.0 6,157.8
Commitments and contingencies (see note 8)
Common stock including paid-in capital, 681.6 and 680.8 shares issued and outstanding 3,964.1 3,937.7
Accumulated earnings 2,332.2 2,203.0
Accumulated other comprehensive loss (10.4) (184.0)
Total stockholders’ equity 6,285.9 5,956.7
Total liabilities and stockholders’ equity $ 12,776.9 $ 12,114.5