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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 53.4 $ 58.2
Accounts receivable, net 256.9 246.3
Inventories, net 405.9 406.5
Other current assets 127.0 114.2
Current assets held-for-sale - discontinued operations [1] 108.8 107.2
Total current assets 952.0 932.4
Property, plant and equipment, net 183.2 181.1
Operating lease right-of-use assets 49.4 54.7
Goodwill 109.8 108.9
Intangible assets, net 76.3 78.7
Other long-term assets 81.1 80.8
Total assets 1,451.8 1,436.6
Current liabilities:    
Trade accounts payable 207.3 221.0
Current portion of long-term debt and short-term debt 12.5 10.9
Current portion of operating lease liabilities 10.8 11.2
Accrued expenses and other 159.8 161.7
Current liabilities held-for-sale - discontinued operations [1] 42.3 43.8
Total current liabilities 432.7 448.6
Long-term liabilities, less current portion:    
Long-term debt 673.1 655.1
Long-term operating lease liabilities 38.7 43.7
Other long-term liabilities 21.7 21.3
Total long-term liabilities 733.5 720.1
Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity 274.6 256.5
Noncontrolling interests 11.0 11.4
Total equity 285.6 267.9
Total liabilities and shareholders' equity $ 1,451.8 $ 1,436.6
[1] Our continuing operations exclude the results of our Aluminum Products business unit, which is held-for-sale as of June 30, 2023 and December 31, 2022 and presented in discontinued operations for all periods presented.