Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 103.6	$ 199.3
Accounts receivable, less allowances of $8.7 and $7.9, respectively	169.3	168.3
Inventories — net	545.6	461.4
Notes receivable — net	15.1	17.4
Other current assets	29.2	26.0
Total current assets	862.8	872.4
Property, plant and equipment — net	277.6	289.9
Operating lease right-of-use assets	44.9	47.6
Goodwill	230.3	232.5
Other intangible assets — net	114.9	116.3
Other long-term assets	53.5	59.0
Total assets	1,584.0	1,617.7
Current Liabilities:
Accounts payable and accrued expenses	358.4	340.8
Short-term borrowings and current portion of long-term debt	3.9	3.8
Product warranties	47.1	47.2
Customer advances	21.0	25.8
Other liabilities	21.5	23.3
Total current liabilities	451.9	440.9
Non-Current Liabilities:
Long-term debt	307.9	308.4
Operating lease liabilities	35.0	37.6
Deferred income taxes	3.2	5.5
Pension obligations	83.7	86.4
Postretirement health and other benefit obligations	15.8	16.4
Long-term deferred revenue	25.7	30.3
Other non-current liabilities	44.1	46.3
Total non-current liabilities	515.4	530.9
Commitments and contingencies (Note 18)
Stockholders' Equity:
Preferred stock (authorized 3,500,000 shares of $.01 par value; none outstanding)
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 34,508,504 and 35,374,537 shares outstanding, respectively)	0.4	0.4
Additional paid-in capital	593.7	592.2
Accumulated other comprehensive loss	(133.4)	(121.0)
Retained earnings	228.2	236.2
Treasury stock, at cost (6,285,479 and 5,419,446 shares, respectively)	(72.2)	(61.9)
Total stockholders' equity	616.7	645.9
Total liabilities and stockholders' equity	$ 1,584.0	$ 1,617.7