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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 40.0 $ 64.4
Accounts receivable, less allowances of 4.6 and $5.3, respectively 252.8 266.3
Inventories 719.9 611.9
Notes receivable — net 6.6 10.6
Other current assets 33.9 45.3
Total current assets 1,053.2 998.5
Property, plant and equipment — net 349.2 335.3
Operating lease right-of-use assets 46.1 45.2
Goodwill 78.4 80.1
Intangible assets - net 123.5 126.7
Other non-current assets 41.8 29.7
Total assets 1,692.2 1,615.5
Current Liabilities:    
Accounts payable and accrued expenses 462.7 446.4
Customer advances 24.3 21.9
Short-term borrowings and current portion of long-term debt 30.3 6.1
Product warranties 47.5 48.8
Other liabilities 23.7 24.6
Total current liabilities 588.5 547.8
Non-Current Liabilities:    
Long-term debt 368.5 379.5
Operating lease liabilities 35.7 34.3
Deferred income taxes 4.9 4.9
Pension obligations 56.4 51.7
Postretirement health and other benefit obligations 7.8 8.2
Long-term deferred revenue 17.7 15.6
Other non-current liabilities 39.7 35.7
Total non-current liabilities 530.7 529.9
Commitments and contingencies (Note 18)
Stockholders' Equity:    
Preferred stock (3,500,000 shares authorized of $.01 par value; none outstanding) 0.0 0.0
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,085,030 and 35,085,008 shares outstanding, respectively) 0.4 0.4
Additional paid-in capital 609.5 606.7
Accumulated other comprehensive loss (120.9) (107.9)
Retained earnings 151.4 104.3
Treasury stock, at cost ((5,708,953 and 5,708,975 shares, respectively) (67.4) (65.7)
Total stockholders' equity 573.0 537.8
Total liabilities and stockholders' equity $ 1,692.2 $ 1,615.5