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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 196.8 $ 168.0
Accounts and notes receivable, net 257.8 246.8
Inventories 282.1 250.0
Prepaid expenses and other current assets 42.1 28.2
Total current assets 778.8 693.0
Property, plant and equipment, net 191.9 174.6
Investments and advances related to equity method investees 84.1 84.8
Goodwill 84.7 84.7
Other assets 78.6 51.5
TOTAL ASSETS 1,218.1 1,088.6
LIABILITIES    
Accounts payable 228.7 236.6
Accrued compensation, benefits and retirement costs 37.7 41.8
Current portion of accrued product warranty 4.9 5.4
Current maturities of long-term debt 18.8 7.5
Other accrued expenses 78.2 83.7
Total current liabilities 368.3 375.0
Long-term debt 577.5 592.5
Accrued product warranty 7.8 8.6
Other liabilities 43.3 31.8
TOTAL LIABILITIES 996.9 1,007.9
Commitments and contingencies (Note 10)
EQUITY    
Common stock, $0.0001 par value (2,000,000,000 shares authorized, 83,384,194 and 83,297,796 shares issued at September 30, 2024 and December 31, 2023, respectively) 0.0 0.0
Additional paid-in capital 59.5 49.7
Retained earnings 228.5 87.2
Accumulated other comprehensive loss (56.8) (56.2)
Treasury stock, at cost (307,591 shares at September 30, 2024 and no shares at December 31, 2023) (10.0) 0.0
TOTAL EQUITY 221.2 80.7
TOTAL LIABILITIES AND EQUITY $ 1,218.1 $ 1,088.6