Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 54.1	$ 55.0
Accounts receivable, net	255.3	248.1
Inventories, net	382.9	310.9
Unbilled contract revenue	55.0	56.9
Other current assets	28.2	35.5
Total current assets	775.5	706.4
Property, plant and equipment, net	229.1	236.6
Operating lease right-of-use assets	63.4	68.6
Goodwill	106.0	110.9
Intangible assets, net	81.7	86.8
Pension assets	86.2	74.8
Other long-term assets	18.1	16.4
Total assets	1,360.0	1,300.5
Current liabilities:
Trade accounts payable	194.0	166.7
Current portion of long-term debt and short-term debt	10.7	11.6
Current portion of operating lease liabilities	12.8	12.9
Accrued employee compensation	28.0	28.1
Deferred revenue	51.7	37.4
Other accrued expenses	51.8	50.4
Total current liabilities	349.0	307.1
Long-term liabilities, less current portion:
Long-term debt	591.5	517.8
Long-term operating lease liabilities	50.7	56.7
Deferred income taxes	31.8	36.8
Other long-term liabilities	12.2	24.2
Total long-term liabilities	686.2	635.5
Capital stock, par value $1 a share
Serial preferred stock: Authorized -- 632,470 shares: Issued and outstanding -- none	0.0	0.0
Common stock: Authorized - 40,000,000 shares; Issued - 16,339,722 shares in 2021 and 16,148,791 in 2020	16.3	16.1
Additional paid-in capital	142.9	135.5
Retained earnings	259.4	290.5
Treasury stock, at cost, 3,751,993 shares in 2021 and 3,560,010 shares in 2020	(85.3)	(79.8)
Accumulated other comprehensive loss	(19.2)	(18.1)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity	314.1	344.2
Noncontrolling interests	10.7	13.7
Total equity	324.8	357.9
Total liabilities and shareholders' equity	$ 1,360.0	$ 1,300.5