Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 529.0	$ 685.0
Short-term marketable debt securities	71.8	102.0
Accounts receivable, net of allowance for credit losses and customer deductions of $17.0 million and $20.6 million as of December 31, 2025 and December 31, 2024, respectively	1,255.8	1,144.0
Inventories	1,243.2	1,124.9
Prepaid expenses and other current assets	85.8	166.9
Federal and state income taxes receivable	28.1	10.2
Total current assets	3,213.7	3,233.0
Property, plant and equipment, net	4,985.1	4,039.0
Goodwill	1,372.3	922.4
Other intangible assets, net	602.3	191.9
Operating lease right-of-use assets	376.0	276.9
Long-term marketable debt securities	67.0	65.2
Other long-term assets	109.1	104.8
Total assets	10,725.5	8,833.2
Current liabilities:
Operating lease obligations	99.8	80.5
Finance lease obligations	2.3	2.1
Accounts payable	471.4	430.3
Dividends payable	116.1	116.3
Accrued liabilities	302.1	362.9
Accrued interest	23.4	9.5
Total current liabilities	1,015.1	1,001.6
Long-term liabilities:
Long-term debt	3,967.3	2,474.2
Operating lease obligations	290.6	208.0
Finance lease obligations	4.9	6.7
Deferred income taxes	660.1	561.9
Compensation and benefits	106.2	95.9
Other long-term liabilities	83.3	80.9
Total long-term liabilities	5,112.4	3,427.6
Commitments and contingent liabilities (Note 20)
Stockholders' equity:
Common stock, par value $0.01 per share, 300.0 million shares authorized, 89.2 million and 89.8 million shares issued as of December 31, 2025 and December 31, 2024, respectively	0.9	0.9
Additional paid in capital	707.7	669.8
Retained earnings	3,931.0	3,776.7
Accumulated other comprehensive loss	(41.6)	(43.4)
Total stockholders' equity	4,598.0	4,404.0
Total liabilities and stockholders' equity	$ 10,725.5	$ 8,833.2