CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 592.1	$ 393.9
Accounts receivable, net	444.8	555.1
Current insurance receivable - asbestos	14.1	14.1
Inventories, net:
Finished goods	141.7	130.6
Finished parts and subassemblies	67.8	66.1
Work in process	53.8	47.7
Raw materials	211.8	212.9
Inventories, net	475.1	457.3
Other current assets	103.2	79.5
Total current assets	1,629.3	1,499.9
Property, plant and equipment:
Cost	1,246.6	1,256.9
Less: accumulated depreciation	648.7	640.6
Property, plant and equipment, net	597.9	616.3
Long-term insurance receivable - asbestos	77.4	83.6
Long-term deferred tax assets	7.0	35.1
Other assets	206.5	211.3
Intangible assets, net	534.4	505.1
Goodwill	1,577.8	1,472.4
Total assets	4,630.3	4,423.7
Current liabilities:
Short-term borrowings	585.3	149.4
Accounts payable	226.4	311.1
Current asbestos liability	65.0	65.0
Accrued liabilities	339.6	378.2
U.S. and foreign taxes on income	10.9	13.0
Total current liabilities	1,227.2	916.7
Long-term debt	842.5	842.0
Accrued pension and postretirement benefits	285.8	298.4
Long-term deferred tax liability	51.1	55.8
Long-term asbestos liability	621.2	646.6
Other liabilities	178.9	187.9
Total liabilities	3,206.7	2,947.4
Commitments and contingencies
Equity:
Preferred shares, par value $0.01; 5,000,000 shares authorized	0.0	0.0
Common shares, par value $1.00; 200,000,000 shares authorized, 72,426,139 shares issued	72.4	72.4
Capital surplus	318.7	315.6
Retained earnings	2,139.4	2,112.2
Accumulated other comprehensive loss	(504.5)	(483.7)
Treasury stock	(604.9)	(542.8)
Total shareholders’ equity	1,421.1	1,473.7
Noncontrolling interests	2.5	2.6
Total equity	1,423.6	1,476.3
Total liabilities and equity	$ 4,630.3	$ 4,423.7
Share data:
Common shares issued (in shares)	72,426,139	72,426,139
Less: Common shares held in treasury (in shares)	14,400,638	13,423,934
Common shares outstanding (in shares)	58,025,501	59,002,205