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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 112.7 $ 66.4
Accounts receivable, net 369.1 430.7
Inventories 330.0 327.5
Other current assets 46.6 30.8
Total current assets 858.4 855.4
Total property, plant and equipment 565.1 599.6
Less: accumulated depreciation (411.3) (429.5)
Property, plant and equipment, net 153.8 170.1
Right of use asset, leases 89.1 91.0
Deferred income taxes 97.6 104.7
Goodwill 451.3 590.0
Identifiable intangibles, net 743.7 815.7
Other non-current assets 19.5 17.9
Total assets 2,413.4 2,644.8
Current liabilities:    
Notes payable 13.9 0.2
Current portion of long-term debt 48.3 36.5
Accounts payable 174.5 183.7
Accrued compensation 38.7 53.3
Accrued customer program liabilities 84.8 104.0
Lease liabilities 20.4 20.5
Other current liabilities 103.7 143.8
Total current liabilities 484.3 542.0
Long-term debt, net 917.5 882.2
Long-term lease liabilities 75.1 76.8
Deferred income taxes 115.1 125.6
Pension and post-retirement benefit obligations 144.4 157.6
Other non-current liabilities 59.9 73.6
Total liabilities 1,796.3 1,857.8
Stockholders' equity:    
Common stock 1.0 1.0
Treasury stock (47.0) (45.1)
Paid-in capital 1,921.7 1,913.4
Accumulated other comprehensive loss (555.9) (526.3)
Accumulated deficit (702.7) (556.0)
Total stockholders' equity 617.1 787.0
Total liabilities and stockholders' equity $ 2,413.4 $ 2,644.8