Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current Assets:
Cash and cash equivalents	$ 75.4	$ 128.7
Accounts receivable, less allowances of $. and $8.5, respectively	236.1	215.1
Inventories — net	576.8	473.1
Notes receivable — net	16.7	13.6
Other current assets	36.8	35.5
Total current assets	941.8	866.0
Property, plant and equipment — net	358.8	294.3
Operating lease right-of-use assets	40.6	37.9
Goodwill	249.7	235.1
Other intangible assets — net	139.6	121.6
Other non-current assets	44.7	48.6
Total assets	1,775.2	1,603.5
Current Liabilities:
Accounts payable and accrued expenses	413.4	329.4
Short-term borrowings and current portion of long-term debt	7.3	10.5
Product warranties	49.0	50.2
Customer advances	28.7	25.5
Other liabilities	22.6	20.2
Total current liabilities	521.0	435.8
Non-Current Liabilities:
Long-term debt	399.9	300.4
Operating lease liabilities	29.2	28.4
Deferred income taxes	6.5	5.9
Pension obligations	69.4	89.3
Postretirement health and other benefit obligations	12.1	14.0
Long-term deferred revenue	22.9	32.4
Other non-current liabilities	51.8	53.8
Total non-current liabilities	591.8	524.2
Commitments and contingencies (Note 19)
Total stockholders' equity:
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding)	0.0	0.0
Common stock (75,00,000 shares authorized, 40,793,983 shares issued, 35,056,252 and 34,580,638 shares outstanding, respectively)	0.4	0.4
Additional paid-in capital	602.4	595.1
Accumulated other comprehensive loss	(102.4)	(97.5)
Retained earnings	227.9	216.9
Treasury stock, at cost ( 5,737,731 and 6,213,345 shares, respectively)	(65.9)	(71.4)
Total stockholders’ equity	662.4	643.5
Total liabilities and stockholders' equity	$ 1,775.2	$ 1,603.5