Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jul. 01, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 127.4	$ 572.6
Accounts receivable, less allowance for credit losses of $34.2 million and $38.9 million as of July 1, 2022 and December 31, 2021, respectively	482.4	481.3
Inventories:
Finished goods	112.9	104.7
Work in process	39.7	34.4
Raw materials	173.8	147.9
Total inventories	326.4	287.0
Prepaid expenses and other current assets	124.3	137.3
Equity securities measured at fair value	135.1	0.0
Current assets held for sale	150.3	0.0
Total current assets	1,345.9	1,478.2
Property, plant and equipment, net of accumulated depreciation of $221.7 million and $256.3 million as of July 1, 2022 and December 31, 2021, respectively	84.9	100.6
Operating lease right-of-use assets	42.8	45.4
Long-term financing receivables, less allowance for credit losses of $41.2 million and $42.5 million as of July 1, 2022 and December 31, 2021, respectively	244.8	241.7
Other intangible assets, net	642.7	615.9
Goodwill	1,707.8	1,667.2
Other assets	150.3	200.8
Total assets	4,219.2	4,349.8
Current liabilities:
Short-term borrowings	9.1	3.7
Trade accounts payable	387.7	424.9
Current operating lease liabilities	12.7	12.8
Accrued expenses and other current liabilities	390.3	492.0
Current liabilities held for sale	50.3	0.0
Total current liabilities	850.1	933.4
Long-term operating lease liabilities	33.4	35.6
Long-term debt	2,599.2	2,583.8
Other long-term liabilities	233.8	223.3
Commitments and Contingencies
Equity:
Preferred stock -- 15,000,000 authorized shares; no par value and none issued and outstanding	0.0	0.0
Common stock, $0.0001 par value -- 1,985,000,000 shares authorized; 169,519,031 and 169,168,285 shares issued; and 158,673,975 and 169,168,285 shares outstanding as of July 1, 2022 and December 31, 2021, respectively	0.0	0.0
Treasury stock, at cost — 10,845,056 and no shares at July 1, 2022 and December 31, 2021, respectively	(278.0)	0.0
Additional paid-in capital	12.8	1.5
Retained earnings	660.8	386.7
Accumulated other comprehensive income	103.7	181.7
Total Vontier stockholders’ equity	499.3	569.9
Noncontrolling interests	3.4	3.8
Total stockholders’ equity	502.7	573.7
Total liabilities and equity	$ 4,219.2	$ 4,349.8