Consolidated and Combined Balance Sheets - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 380.5	$ 0.0
Accounts receivable, less allowance for credit losses of $40.5 million and $32.2 million as of December 31, 2020 and 2019, respectively	447.1	490.6
Inventories	233.7	224.1
Prepaid expenses and other current assets	120.8	110.5
Total current assets	1,182.1	825.2
Property, plant and equipment, net	96.8	101.9
Operating lease right-of-use assets	40.1	37.8
Long-term financing receivables, less allowance for credit losses of $44.4 million and $24.1 million as of December 31, 2020 and 2019, respectively	233.5	259.0
Other intangible assets, net	250.5	274.3
Goodwill	1,092.1	1,157.8
Other assets	177.9	172.9
Total assets	3,073.0	2,828.9
Current liabilities:
Short-term borrowings	10.9	16.8
Trade accounts payable	367.4	318.6
Current operating lease liabilities	11.9	12.8
Accrued expenses and other current liabilities	448.1	319.3
Total current liabilities	838.3	667.5
Long-term operating lease liabilities	30.5	25.2
Other long-term liabilities	217.2	295.5
Long-term debt	1,795.3	24.6
Commitments and Contingencies
Equity:
Preferred stock — 15,000,000 shares authorized; no par value; and none issued and outstanding	0.0	0.0
Common stock — 1,985,000,000 and 1,000 shares authorized as of December 31, 2020 and 2019, respectively; $.0001 par value; and 168,497,098 and 1,000 shares issued and outstanding as of December 31, 2020 and 2019, respectively	0.0	0.0
Additional paid-in capital	7.6	0.0
Accumulated deficit	(13.6)	0.0
Former Parent’s investment	0.0	1,662.5
Accumulated other comprehensive income	193.8	148.7
Total Vontier stockholders’ equity	187.8	1,811.2
Noncontrolling interests	3.9	4.9
Total stockholders’ equity	191.7	1,816.1
Total liabilities and equity	$ 3,073.0	$ 2,828.9