Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 54.8	$ 58.2
Accounts receivable, net	263.3	246.3
Inventories, net	411.1	406.5
Promissory note related to financing arrangement	0.0	25.0
Other current assets	95.2	89.2
Current assets held for sale - discontinued operations	0.0	107.2
Total current assets	824.4	932.4
Property, plant and equipment, net	184.9	181.1
Operating lease right-of-use assets	44.7	54.7
Goodwill	110.2	108.9
Intangible assets, net	73.3	78.7
Pension assets	75.1	63.9
Other long-term assets	28.1	16.9
Total assets	1,340.7	1,436.6
Current liabilities:
Trade accounts payable	204.0	221.0
Current portion of long-term debt and short-term debt	9.4	10.9
Current portion of operating lease liabilities	10.6	11.2
Accrued employee compensation	31.8	22.3
Financing arrangement liability	0.0	45.0
Other accrued expenses	107.8	94.4
Current liabilities held for sale - discontinued operations	0.0	43.8
Total current liabilities	363.6	448.6
Long-term liabilities, less current portion:
Long-term debt	633.4	655.1
Long-term operating lease liabilities	34.4	43.7
Deferred income taxes	9.0	10.6
Other long-term liabilities	10.4	10.7
Total long-term liabilities	687.2	720.1
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 - 17,029,938 shares in 2023 and 16,653,928 in 2022	17.0	16.6
Additional paid-in capital	155.9	149.8
Retained earnings	240.1	238.8
Treasury stock, at cost, 3,958,966 shares in 2023 and 3,846,860 shares in 2022	(88.9)	(86.9)
Accumulated other comprehensive loss	(43.7)	(61.8)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity	280.4	256.5
Noncontrolling interests	9.5	11.4
Total equity	289.9	267.9
Total liabilities and shareholders' equity	$ 1,340.7	$ 1,436.6