CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 578.4	$ 551.0
Accounts receivable, net	483.4	432.7
Current insurance receivable - asbestos	14.4	14.4
Inventories, net:
Finished goods	139.0	130.5
Finished parts and subassemblies	50.4	54.5
Work in process	45.6	45.2
Raw materials	201.9	208.0
Inventories, net	436.9	438.2
Other current assets	129.3	137.4
Total current assets	1,642.4	1,573.7
Property, plant and equipment:
Cost	1,280.8	1,295.8
Less: accumulated depreciation	706.3	695.4
Property, plant and equipment, net	574.5	600.4
Long-term insurance receivable - asbestos	70.0	72.5
Long-term deferred tax assets	6.4	14.9
Other assets	195.1	198.1
Intangible assets, net	503.0	520.3
Goodwill	1,595.1	1,609.0
Total assets	4,586.5	4,588.9
Current liabilities:
Short-term borrowings	346.9	375.7
Accounts payable	233.6	218.4
Current asbestos liability	66.5	66.5
Accrued liabilities	374.7	395.9
U.S. and foreign taxes on income	12.9	0.1
Total current liabilities	1,034.6	1,056.6
Long-term debt	843.2	842.9
Accrued pension and postretirement benefits	305.3	329.7
Long-term deferred tax liability	49.1	53.6
Long-term asbestos liability	590.3	603.6
Other liabilities	166.0	171.4
Total liabilities	2,988.5	3,057.8
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	334.7	330.7
Retained earnings	2,276.2	2,192.8
Accumulated other comprehensive loss	(497.2)	(466.4)
Treasury stock	(591.1)	(600.6)
Total shareholders’ equity	1,595.0	1,528.9
Noncontrolling interests	3.0	2.2
Total equity	1,598.0	1,531.1
Total liabilities and equity	$ 4,586.5	$ 4,588.9
Share data:
Common shares issued (in shares)	72,426,139	72,426,139
Less: Common shares held in treasury (in shares)	14,048,660	14,298,191
Common shares outstanding (in shares)	58,377,479	58,127,948