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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 168.0 $ 0.0
Accounts and notes receivable, net    
Trade and other receivables 184.5 174.2
Related party receivables 62.3 61.8
Inventories 250.0 245.0
Prepaid expenses and other current assets 28.2 19.3
Total current assets 693.0 500.3
Property, plant and equipment, net 174.6 148.4
Investments and advances related to equity method investees 84.8 77.0
Goodwill 84.7 84.7
Other assets 51.5 57.0
TOTAL ASSETS 1,088.6 867.4
LIABILITIES    
Accounts payable 174.2 145.9
Related party payables 62.4 82.0
Accrued compensation, benefits and retirement costs 41.8 18.2
Current portion of accrued product warranty 5.4 5.9
Current maturities of long-term debt 7.5 0.0
Other accrued expenses 83.7 79.0
Total current liabilities 375.0 331.0
Long-term debt 592.5 0.0
Accrued product warranty 8.6 9.6
Other liabilities 31.8 71.2
TOTAL LIABILITIES 1,007.9 411.8
Commitments and contingencies (Note 14)
EQUITY    
Common stock, $0.0001 par value (2,000,000,000 shares authorized and 83,297,796 shares issued and outstanding as of December 31, 2023) 0.0 0.0
Net parent investment 0.0 511.4
Additional paid-in capital 49.7 0.0
Retained earnings 87.2 0.0
Accumulated other comprehensive loss (56.2) (55.8)
TOTAL EQUITY 80.7 455.6
TOTAL LIABILITIES AND EQUITY $ 1,088.6 $ 867.4
Common stock, shares issued (in shares) 83,297,796