Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 204.5	$ 572.6
Accounts receivable, less allowance for credit losses of $34.2 million and $38.9 million as of December 31, 2022 and 2021, respectively	514.8	481.3
Inventories	346.0	287.0
Prepaid expenses and other current assets	152.8	137.3
Current assets held for sale	145.6	0.0
Total current assets	1,385.0	1,478.2
Property, plant and equipment, net	92.1	100.6
Operating lease right-of-use assets	44.5	45.4
Long-term financing receivables, less allowance for credit losses of $37.7 million and $42.5 million as of December 31, 2022 and 2021, respectively	249.8	241.7
Other intangible assets, net	649.7	615.9
Goodwill	1,738.7	1,667.2
Other assets	183.5	200.8
Total assets	4,343.3	4,349.8
Current liabilities:
Short-term borrowings	4.6	3.7
Trade accounts payable	430.9	424.9
Current operating lease liabilities	13.8	12.8
Accrued expenses and other current liabilities	437.6	492.0
Current liabilities held for sale	43.0	0.0
Total current liabilities	929.9	933.4
Long-term operating lease liabilities	34.0	35.6
Long-term debt	2,585.7	2,583.8
Other long-term liabilities	214.2	223.3
Total liabilities	3,763.8	3,776.1
Commitments and Contingencies (Note 17)
Equity:
Preferred stock, 15.0 million shares authorized; no par value; no shares issued and outstanding	$ 0.0	$ 0.0
Common stock outstanding (in shares)	156,000,000	169,200,000
Common stock issued (in shares)	169,700,000	169,200,000
Common stock, 2.0 billion shares authorized; $0.0001 par value; 169.7 million and 169.2 million shares issued, and 156.0 million and 169.2 million outstanding as of December 31, 2022 and 2021, respectively	$ 0.0	$ 0.0
Treasury stock, at cost, 13.7 million and no shares as of December 31, 2022 and 2021, respectively	(328.0)	0.0
Additional paid-in capital	27.6	1.5
Retained earnings	770.8	386.7
Accumulated other comprehensive income	106.1	181.7
Total Vontier stockholders’ equity	576.5	569.9
Noncontrolling interests	3.0	3.8
Total equity	579.5	573.7
Total liabilities and equity	4,343.3	4,349.8
Fair Value, Measurements, Recurring
Current assets:
Equity securities measured at fair value	21.3
Quoted Prices in Active Market (Level 1) | Fair Value, Measurements, Recurring
Current assets:
Equity securities measured at fair value	$ 21.3	$ 0.0