XML 12 R5.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 22.9 $ 34.4
Accounts receivable, less allowances of $6.0 and $6.1, respectively 272.6 278.8
Inventories - net 769.9 666.5
Other current assets 38.6 53.3
Total current assets 1,104.0 1,033.0
Property, plant and equipment - net 366.0 366.1
Operating lease right-of-use assets 57.4 59.7
Goodwill 80.0 79.6
Intangible assets - net 123.8 125.6
Other non-current assets 45.5 42.7
Total assets 1,776.7 1,706.7
Current Liabilities:    
Accounts payable and accrued expenses 445.6 457.4
Customer advances 17.6 19.2
Short-term borrowings and current portion of long-term debt 40.5 13.4
Product warranties 38.5 47.1
Other liabilities 18.9 26.2
Total current liabilities 561.1 563.3
Non-Current Liabilities:    
Long-term debt 426.7 358.7
Operating lease liabilities 44.5 47.2
Deferred income taxes 7.6 7.5
Pension obligations 51.6 55.8
Postretirement health and other benefit obligations 5.3 5.6
Long-term deferred revenue 21.0 24.1
Other non-current liabilities 51.3 41.2
Total non-current liabilities 608.0 540.1
Commitments and contingencies (Note 17)
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, 35,126,894 and 35,094,993 shares outstanding, respectively) 0.4 0.4
Additional paid-in capital 612.4 613.1
Accumulated other comprehensive loss (80.6) (86.4)
Retained earnings 142.6 143.5
Treasury stock, at cost (5,667,089 and 5,698,990 shares, respectively) (67.2) (67.3)
Total stockholders' equity 607.6 603.3
Total liabilities and stockholders' equity $ 1,776.7 $ 1,706.7