Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 121.7	$ 572.6
Accounts receivable, less allowance for credit losses of $34.3 million and $38.9 million as of September 30, 2022 and December 31, 2021, respectively	511.2	481.3
Inventories:
Finished goods	146.3	104.7
Work in process	43.6	34.4
Raw materials	187.6	147.9
Total inventories	377.5	287.0
Prepaid expenses and other current assets	123.8	137.3
Equity securities measured at fair value	67.1	0.0
Current assets held for sale	138.7	0.0
Total current assets	1,340.0	1,478.2
Property, plant and equipment, net of accumulated depreciation of $236.8 million and $256.3 million as of September 30, 2022 and December 31, 2021, respectively	92.6	100.6
Operating lease right-of-use assets	42.1	45.4
Long-term financing receivables, less allowance for credit losses of $37.3 million and $42.5 million as of September 30, 2022 and December 31, 2021, respectively	249.2	241.7
Other intangible assets, net	670.8	615.9
Goodwill	1,712.4	1,667.2
Other assets	156.6	200.8
Total assets	4,263.7	4,349.8
Current liabilities:
Short-term borrowings	7.7	3.7
Trade accounts payable	413.5	424.9
Current operating lease liabilities	12.3	12.8
Accrued expenses and other current liabilities	402.4	492.0
Current liabilities held for sale	39.4	0.0
Total current liabilities	875.3	933.4
Long-term operating lease liabilities	32.7	35.6
Long-term debt	2,635.9	2,583.8
Other long-term liabilities	219.8	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; 169,598,805 and 169,168,285 shares issued; and 157,993,435 and 169,168,285 shares outstanding as of September 30, 2022 and December 31, 2021, respectively	0.0	0.0
Treasury stock, at cost — 11,605,370 and no shares at September 30, 2022 and December 31, 2021, respectively	(288.0)	0.0
Additional paid-in capital	19.4	1.5
Retained earnings	706.9	386.7
Accumulated other comprehensive income	59.0	181.7
Total Vontier stockholders’ equity	497.3	569.9
Noncontrolling interests	2.7	3.8
Total stockholders’ equity	500.0	573.7
Total liabilities and equity	$ 4,263.7	$ 4,349.8