Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents		$ 58.2	$ 54.1
Accounts receivable, net		246.3	223.6
Inventories, net		406.5	352.4
Unbilled contract revenue		56.7	55.0
Promissory note related to financing arrangement		25.0	0.0
Other current assets		32.5	25.2
Current assets held for sale - discontinued operations	[1]	107.2	65.2
Total current assets		932.4	775.5
Property, plant and equipment, net		181.1	179.2
Operating lease right-of-use assets		54.7	56.4
Goodwill		108.9	106.0
Intangible assets, net		78.7	81.7
Pension assets		63.9	86.2
Other long-term assets		16.9	18.1
Long-term assets held for sale - discontinued operations	[1]	0.0	56.9
Total assets		1,436.6	1,360.0
Current liabilities:
Trade accounts payable		221.0	178.3
Current portion of long-term debt and short-term debt		10.9	6.3
Current portion of operating lease liabilities		11.2	10.6
Accrued employee compensation		22.3	26.4
Deferred revenue		52.6	51.7
Financing arrangement liability		45.0	0.0
Other accrued expenses		41.8	42.8
Current liabilities held for sale - discontinued operations	[1]	43.8	32.9
Total current liabilities		448.6	349.0
Long-term liabilities, less current portion:
Long-term debt		655.1	586.9
Long-term operating lease liabilities		43.7	45.9
Deferred income taxes		10.6	31.8
Other long-term liabilities		10.7	12.2
Long-term liabilities held for sale - discontinued operations	[1]	0.0	9.4
Total long-term liabilities		720.1	686.2
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 - 16,653,928 shares in 2022 and 16,339,722 in 2021		16.6	16.3
Additional paid-in capital		149.8	142.9
Retained earnings		238.8	259.4
Treasury stock, at cost, 3,846,860 shares in 2022 and 3,751,993 shares in 2021		(86.9)	(85.3)
Accumulated other comprehensive loss		(61.8)	(19.2)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity		256.5	314.1
Noncontrolling interests		11.4	10.7
Total equity		267.9	324.8
Total liabilities and shareholders' equity		$ 1,436.6	$ 1,360.0

[1] Our continuing operations exclude the results of our Aluminum Products business unit, which is held-for-sale as of December 31, 2022 and presented in discontinued operations for all periods presented.