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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 184.3 $ 168.0
Accounts and notes receivable, net 254.2 246.8
Inventories 266.6 250.0
Prepaid expenses and other current assets 49.9 28.2
Total current assets 755.0 693.0
Property, plant and equipment, net 186.2 174.6
Investments and advances related to equity method investees 84.9 84.8
Goodwill 84.7 84.7
Other assets 79.5 51.5
TOTAL ASSETS 1,190.3 1,088.6
LIABILITIES    
Accounts payable 193.1 236.6
Accrued compensation, benefits and retirement costs 37.2 41.8
Current portion of accrued product warranty 4.9 5.4
Current maturities of long-term debt 22.5 7.5
Other accrued expenses 87.2 83.7
Total current liabilities 344.9 375.0
Long-term debt 570.0 592.5
Accrued product warranty 7.3 8.6
Other liabilities 40.7 31.8
TOTAL LIABILITIES 962.9 1,007.9
Commitments and contingencies (Note 14)
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 61.9 49.7
Retained earnings 264.5 87.2
Accumulated other comprehensive loss (79.0) (56.2)
Treasury stock, at cost (537,643 shares at December 31, 2024 and no shares at December 31, 2023) (20.0) 0.0
TOTAL EQUITY 227.4 80.7
TOTAL LIABILITIES AND EQUITY $ 1,190.3 $ 1,088.6