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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 160.5 $ 168.0
Accounts and notes receivable, net 275.8 246.8
Inventories 278.6 250.0
Prepaid expenses and other current assets 39.7 28.2
Total current assets 754.6 693.0
Property, plant and equipment, net 183.6 174.6
Investments and advances related to equity method investees 89.8 84.8
Goodwill 84.7 84.7
Other assets 64.6 51.5
TOTAL ASSETS 1,177.3 1,088.6
LIABILITIES    
Accounts payable 240.3 236.6
Accrued compensation, benefits and retirement costs 24.7 41.8
Current portion of accrued product warranty 5.4 5.4
Current maturities of long-term debt 15.0 7.5
Other accrued expenses 79.7 83.7
Total current liabilities 365.1 375.0
Long-term debt 585.0 592.5
Accrued product warranty 8.5 8.6
Other liabilities 40.6 31.8
TOTAL LIABILITIES 999.2 1,007.9
Commitments and contingencies (Note 10)
EQUITY    
Common stock, $0.0001 par value (2,000,000,000 shares authorized and 83,359,426 shares issued and outstanding as of June 30, 2024) 0.0 0.0
Additional paid-in capital 56.2 49.7
Retained earnings 188.9 87.2
Accumulated other comprehensive loss (67.0) (56.2)
TOTAL EQUITY 178.1 80.7
TOTAL LIABILITIES AND EQUITY $ 1,177.3 $ 1,088.6