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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 29, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 425.5 $ 489.2
Receivables, net 706.3 675.2
Inventories 564.3 575.4
Other current assets 137.3 117.9
Total current assets held for sale 92.5 0.0
Total current assets 1,925.9 1,857.7
Non-current assets:    
Plant, property and equipment, net 543.8 561.0
Goodwill 1,200.9 1,016.3
Other intangible assets, net 296.9 116.6
Other non-current assets 382.8 381.0
Total non-current assets held for sale 60.0  
Total non-current assets 2,484.4 2,074.9
Total assets 4,410.3 3,932.6
Current liabilities:    
Short-term borrowings 357.5 187.7
Accounts payable 430.9 437.0
Accrued and other current liabilities 423.6 413.1
Total current liabilities held for sale 29.4  
Total current liabilities 1,241.4 1,037.8
Non-current liabilities:    
Long-term debt 190.0 5.7
Postretirement benefits 131.8 138.7
Other non-current liabilities 252.4 211.3
Total non-current liabilities held for sale 5.5 0.0
Total non-current liabilities 579.7 355.7
Total liabilities 1,821.1 1,393.5
Common stock: [Abstract]    
Issued and outstanding – 81.7 shares and 82.1 shares, respectively 81.7 82.1
Retained earnings 2,877.7 2,778.0
Accumulated other comprehensive loss:    
Postretirement benefits 3.3 1.6
Cumulative translation adjustments (379.5) (330.3)
Total accumulated other comprehensive loss (382.8) (331.9)
Equity, Attributable to Parent, Total 2,576.6 2,528.2
Noncontrolling interests 12.6 10.9
Total shareholders’ equity 2,589.2 2,539.1
Total liabilities and shareholders’ equity $ 4,410.3 $ 3,932.6